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Crypto
Wise to reapply for federal trust bank charter under Genius Act framework
Wise, a London-headquartered cross-border remittance and foreign-exchange services company, will submit a new application for a U.S. federal trust bank charter under the Genius Act stablecoin framework after the Office of the Comptroller of the Currency rejected its original proposal. The Block reported the OCC said the initial filing did not align with new Federal Reserve policy on payment system master account access. Reuters reported Wise will reapply on July 24.
Finance
Korea stocks outlook: KOSPI loses momentum as FOMC, chipmakers and Big Tech earnings in focus
South Korean stocks are expected to seek direction this week as investors watch the U.S. Federal Open Market Committee and earnings from domestic semiconductor firms and U.S. Big Tech. The KOSPI and Kosdaq posted sharp losses as risk aversion rose amid Middle East tensions, higher oil prices and rising U.S. Treasury yields. Analysts said profit forecasts have not deteriorated materially, and chip and AI-related guidance, foreign flows and Fed policy signals will be key drivers.
Crypto
Bitcoin rebound driven by whales and ETFs; $69,000 is pivotal
Bitcoin continues trading below $69,000, a level seen as the average cost basis for short-term holders, with the U.S. Federal Reserve decision on July 29 set to test whether the rebound can last. The rally has relied mainly on spot bitcoin ETF inflows and buying by large wallets holding 1,000 to 10,000 bitcoin. Rising oil prices and U.S. Treasury yields are capping gains, while $63,000 is highlighted as key support.
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Crypto
Bitcoin builds 1.3 million BTC support, weakening resistance as it eyes year high
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Crypto
Grayscale says bitcoin may have bottomed earlier than four-year cycle
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Crypto
Institutions flock to Polymarket and Kalshi as retail profits drop in prediction markets
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Crypto
Bitcoin bottom theory resurfaces; Grayscale says interest rates will determine direction
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Crypto
Bitcoin institutional sentiment worst in 2 years; Coinbase premium negative for 900 hours
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Crypto
U.S. CLARITY Act gains momentum, bitcoin stretches higher
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Crypto
Gold slide may spill into cryptocurrencies as rising real rates tighten liquidity
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Crypto
Bitcoin quantum discount hits 30 percent for first time; XRP back in profit zone, SHIB whales accumulate
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Crypto
Bitcoin nears $67,000 as crypto-related stocks surge
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Crypto
Bitcoin breaks above $66,000 to hit highest in a month
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Crypto
Bitcoin holds price, but spot buying dries up, raising sharp drop warning
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Crypto
Bitcoin must hold $61,000 or it is over, analyst who called XRP 700% rally warns
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Crypto
Bitcoin rebound limited despite inflation cooling; oil and big tech earnings in focus
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Crypto
Three conditions for bitcoin\'s $100,000 rally: bills, rate cuts, buying
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Crypto
U.S. regulators miss Genius Act deadline for final rules