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The Daily: Google Cloud’s blockchain for payments, Bitcoin’s downside risk amid leverage build-up and ā€˜huge’ Ethereum rotation, plus more

The Daily: Google Cloud’s blockchain for payments, Bitcoin’s downside risk amid leverage build-up and ā€˜huge’ Ethereum rotation, plus more

The following article is adapted from The Block’s newsletter,Ā The Daily, which comes out on weekday afternoons.Happy Wednesday! I'm back in the newsletter hot seat again after a little traveling. While I was away, The Block OG Yogita Khatri stepped in — and she also writes The Funding, a biweekly ru…

Circle pushes USDC deeper into global payments with Mastercard, Finastra deals

Circle pushes USDC deeper into global payments with Mastercard, Finastra deals

Circle has unveiled two partnerships to embed stablecoins settlement into mainstream finance. New deals with Mastercard and Finastra aim to expand USD Coin's role to merchants and banks worldwide.Mastercard said on Wednesday that it will enable acquirers and merchants in Eastern Europe, the Middle E…

Global Markets Largely Flat Ahead of Powell's Jackson Hole Speech

Global Markets Largely Flat Ahead of Powell's Jackson Hole Speech

By Dow Jones Newswires StaffLargely rangebound trading across stock markets continued early Friday, with investors jittery ahead of Federal Chair Jerome Powell's Jackson Hole speech at 10:00 ET.With a month still to run until the September Fed rate decision, August jobs, CPI and PPI reports are due …

Eric Trump plans to visit Japan in September, Bloomberg News reports

Eric Trump plans to visit Japan in September, Bloomberg News reports

U.S President 's son, Eric Trump, plans to visit Tokyo and will attend a shareholder meeting of Japanese Bitcoin treasury firm Metaplanet on September 1, Bloomberg News reported on Friday, citing people familiar with the matter.Reuters could not immediately verify the report.The Trump Organisat…

Shanghai stock benchmark closes at decade high as fintech, stablecoin shares surge

Shanghai stock benchmark closes at decade high as fintech, stablecoin shares surge

Mainland China stocks advanced on Thursday, with the Shanghai benchmark closing at a decade high level, driven by hefty gains in fintech and stablecoin-concept shares after a Reuters report signalled a major shift in Beijing's stance on digital assets.** At the close, the Shanghai Composite inde…

Shanghai share benchmark hits decade high as fintech, stablecoin shares surge

Shanghai share benchmark hits decade high as fintech, stablecoin shares surge

Mainland China stocks advanced on Thursday, with the Shanghai benchmark hitting its highest in a decade, driven by heavy gains in fintech and stablecoin-concept shares after a Reuters report signalled a major shift in Beijing's stance on digital assets.** At the midday break, the benchmark Shang…

Gold has crushed stocks, bonds and even bitcoin in 2025. This banking giant just got more bullish.

Gold has crushed stocks, bonds and even bitcoin in 2025. This banking giant just got more bullish.

By Barbara KollmeyerUBS Wealth sees global gold demand reaching highest since 2011All that's glittering is still gold, says UBS Global Wealth Management, whose strategists have a shiny new price target.Stocks may be in for a struggle until Jay Powell steps up to the Jackson Hole podium on Friday. Al…

Bitcoin Eases Further as Part of Market Correction — Market Talk

Bitcoin Eases Further as Part of Market Correction — Market Talk

0709 GMT - Bitcoin continues to ease from last week's all-time high as part of a broader market correction that aligns with fluctuations in risky assets, Deusxpay trader James Madden says in a note. Bitcoin's pullback isn't anything out of the ordinary for crypto assets, he says. "What's more tellin…

Japan Construction Company LibWork to Buy $3.4M Bitcoin

Japan Construction Company LibWork to Buy $3.4M Bitcoin

Japanese construction firm LibWork Co. has become the latest public company to adopt Bitcoin as a treasury asset.On Monday, its board of directors approved the purchase of Ā„500 million ($3.4 million) worth of Bitcoin, marking another milestone in Asia’s growing wave of corporate adoption.LibWork Dev…

Global Crypto Adoption Report 2025

Global Crypto Adoption Report 2025

Cryptocurrency adoption has surged in 2025, driven by both institutional and grassroots participation across diverse economies. While high-income countries focus on regulatory frameworks and investment products, lower- and middle-income nations lead in real-world crypto use for remittances, inflatio…

Global Markets Rise Ahead of U.S. Inflation Data

Global Markets Rise Ahead of U.S. Inflation Data

By Dow Jones Newswires StaffU.S. inflation data for July is the key focus Tuesday with investors closely watching the extent to which tariffs are affecting prices amid expectations for a sharper rise in core goods prices compared with June. The inflation print will be a key element in determining wh…

Arthur Hayes Predicts $100K Bitcoin Amid Looming Crypto Crash

Arthur Hayes Predicts $100K Bitcoin Amid Looming Crypto Crash

Arthur Hayes, co-founder of BitMEX, recently cited macroeconomics concerns linked to the U.S. tariff bill and weak employment data. He forecasts Bitcoin testing $100,000 and Ethereum falling to $3,000, as global economies struggle to drive nominal GDP growth. Additionally, Hayes sold about $13.35 mi…