EMURGO is launching the Cardano Card, a versatile crypto card for spending and earning on major cryptocurrencies. It offers global spending, rewards, staking, and transparent fund control, with profits supporting the Cardano network.
Fed Governor Christopher Waller advocates for a 25 basis point interest rate cut at the upcoming FOMC meeting, citing concerns over low GDP growth, manageable tariff impacts, and the need for proactive economic policy adjustments.
Sanctuary Wealth predicts the S&P 500 could reach 7,000 by year-end, driven by technological advancements in AI and a global bull market. Chief strategist Mary Ann Bartels believes these factors will support disinflation and lower interest rates, benefiting equity markets.
Crypto analyst TechDev suggests that altcoins are signaling a bullish breakout after a four-year consolidation, referencing a TOTAL3 chart indicating significant market expansion. He compares current market behavior to Livermore Accumulation Cylinders, predicting a strong upward trend, particularly influenced by stablecoin deployment.
A cybersecurity breach has compromised sensitive data of 103,000 Medicare.gov users, revealing personal and health information. The CMS discovered unauthorized account creations following user complaints and is urging those affected to monitor their credit reports.
The US Treasury announces the dollar's integration into blockchains following the GENIUS Act, establishing strict regulations for stablecoin issuance, enhancing financial technology and maintaining the dollar's status as the global reserve currency.
Two Florida residents were charged with stealing $107,635 from Michigan's Isabella Bank ATMs using an advanced “ATM jackpotting” scheme. They manipulated ATM systems with malware to dispense cash, evading detection. One suspect is in custody, while the other remains at large.
A data breach at Texas-based TADTS has exposed the sensitive information of 748,763 individuals, risking financial fraud and identity theft. The firm is taking measures to contain the breach and advises affected individuals to monitor for identity theft.
Billionaire Ray Dalio’s Bridgewater Associates is reducing its S&P 500 holdings while increasing investments in gold and Alibaba. The fund has raised its gold ETF stake by 33% and boosted Alibaba shares by over 3,000%, reflecting a strategic shift amidst concerns over the US dollar and potential stagflation.
Kevin Svenson, a cryptocurrency analyst, highlights the daily relative strength index (RSI) signal indicating potential bullish momentum for Bitcoin. He predicts Bitcoin could reach around $142,000 in a few months, citing historical patterns from previous rallies.
JPMorgan Chase reports an accelerating trend of de-dollarization, with central banks reducing USD reserves and increasing gold holdings. The dollar's share in global FX reserves has fallen below 60%, while demand for gold, especially from emerging markets, is rising.
FuboTV has agreed to pay $3.4 million to settle a class action lawsuit alleging violations of US privacy laws regarding personal data collection. Payments will be made to eligible account holders, with claims due by September 12th.
Bitcoin (BTC) could go up by around 15% from the current level if demand for the flagship crypto asset remains robust and the market continues in an upward trend, according to analytics platform Glassnode. The analytics platform says that, based on the short-term holder (STH) cost basis model, the
David Mericle, chief US economist at Goldman Sachs, predicts that President Trump's tariffs will lead to only temporary inflation. He expects the Fed to implement three rate cuts this year, as current economic conditions differ from previous years, suggesting a return to inflation near 2%.
JPMorgan Chase, Citi and Wells Fargo say they’ve lost $5.361 billion from customers who can no longer pay their debt. In their Q2 2025 earnings reports, the three major banks disclosed billions of dollars in losses from “net charge-offs” — loans written off as uncollectible after all efforts to
Billionaire Karthik Sarma invested $334 million in Tapestry (TPR), a luxury goods company, after selling his Nvidia shares. Tapestry's stock has surged over 100% in the past year, now becoming a significant part of Sarma's investment portfolio.
Cryptocurrency analyst Jason Pizzino believes Bitcoin has strong upside potential as the US dollar weakens. He notes bullish trends in both Bitcoin and the S&P 500, despite entering the final stages of the bull market, which could indicate an impending bearish reversal.
Fidelity's Jurrien Timmer warns that the US dollar's dominance may decline if the Fed has to buy bonds to stabilize the market, potentially leading to a debt spiral if GDP growth fails to outpace debt interest rates.