The Indian rupee tumbled to a report low of roughly 96.9 towards the US greenback on Wednesday. Global asset managers are warning {that a} slide towards 100 per greenback has turn out to be a attainable state of affairs. Follow us on X to get the most recent information as it occurs BREAKING 🚨: India…
Today, the crypto information cycle is being pushed by institutional worry, political controversy, and international stress. We woke as much as recent considerations surrounding Bitcoin ETF outflows, the rising debate over the Trump IRS allegations, his firm withdrawing its Bitcoin ETF utility from the SEC, and rising geopolitical anxiousness tied to the Iran escalation. Altcoins,…
Wintermute mentioned Bitcoin’s newest rally has failed its first main macro take a look at, arguing that the transfer was pushed extra by leverage and quick overlaying than by sturdy spot demand. In its May 18 market replace, the buying and selling agency pointed to scorching inflation, rising Treasury yields, ETF outflows and renewed rate-hike…
Bitcoin ETF outflows are turning rising Treasury yields right into a direct check for BTC price after Bank of America’s May Global Fund Manager Survey confirmed skilled traders reduce bond allocation to a web 44% underweight, the deepest positioning since June 2022, down from 33% underweight in April. At the identical time, managers pushed world…
AI analysis firm OpenAI has introduced a collection of latest measures aimed toward enhancing transparency round AI-generated photographs and serving to customers determine the place digital content material originates. The firm mentioned the updates are a part of a broader effort to strengthen belief and verification requirements as AI-generated media turns into more and more…
Trump Media-linked Truth Social Bitcoin ETF, B.T. has requested the US Securities and Exchange Commission to withdraw its spot Bitcoin ETF registration, ending, not less than for now, one of many extra politically seen makes an attempt to enter the already crowded US Bitcoin fund market. The withdrawal request, dated May 19, 2026, was addressed…
Lighter (LIT) has emerged because the top-performing cryptocurrency among the many 300 largest digital belongings by market capitalization, posting a pointy, double-digit rally over the previous 24 hours. The token surged greater than 20% throughout the interval, climbing to an intraday high of $1.23, its strongest stage since March 18. Three Catalysts Behind LIT’s Latest…
Organization answerable for supporting monetary privateness infrastructure for the Zcash community, Zcash Foundation reported in its first-quarter 2026 replace that the US Securities and Exchange Commission has concluded its investigation with out recommending enforcement motion. The growth was described as a significant supply of regulatory readability for the group and the broader Zcash ecosystem following…
Japan’s key monetary authority has expanded its framework to formally deal with overseas belief‑issued stablecoins as digital fee devices as a substitute of securities underneath home regulation. Foreign Stablecoins Recognized As Payment Instruments On Tuesday, Japan’s Financial Services Agency (FSA) introduced amendments to the Cabinet Office Ordinance to acknowledge sure trust-type stablecoins issued by overseas…
CNBC has printed its up to date checklist for the highest 50 disruptor corporations for 2026, and there’s just one blockchain- or crypto-related agency in it – Ripple. The entity behind XRP was described as ‘new cash,’ and it’s positioned because the sixteenth most disruptive firm. Ripple Makes the List It’s value noting that that…