Why the US Is Imposing Unprecedented Tariffs Over Brazil’s Free Payment System
Key TakeawaysThe U.S. imposed a 25% tariff on over $11 billion in Brazilian exports to counter unfair trade practices.The USTR...
Business
NSPK CEO Declares the End of Visa and Mastercard in Russia
Key TakeawaysMir cards captured 85% of Russia’s market as sanctions rendered Visa and Mastercard effectively useless.Remaining foreign cards will soon...
Musk’s SpaceX Breaks Below Its $135 IPO Price After a 42% Collapse From Its Peak
Key TakeawaysSPCX closed at $131.11 on July 16, down 3.08% and below its $135 IPO price for the first time.SpaceX...
MoonPay Acquires Glide to Expand Crypto Deposit Tools
MoonPay has acquired the crypto infrastructure startup Glide, integrating Glide’s deposit and routing technology, the companies said in a joint...
Sensex, Nifty 50 Crash, Then Strike Back as India Defies Global Chaos
Key TakeawaysThe Sensex fell 2.15% on July 8 before recovering as Indian mutual funds bought the dip.UPI processed 241.6 billion...
Bolivia Abandons Fixed Exchange Rate Scheme After 15 Years, Adopting a Floating Dollar System – Bitcoin News
Key TakeawaysBolivia floated its dollar rate on June 26, causing a 40% devaluation to stabilize foreign reserves.Past fixed rates caused...
The US Government Owes $39 Trillion. Here’s Why That’s Bitcoin’s Best Argument Yet
U.S. gross national debt crossed $39 trillion in mid-March, and debt held by the public stood at over $31 trillion....
Japanese Yen Sinks to 162.27, Its Weakest Since 1986, Reviving Intervention Bets – Bitcoin News
Key TakeawaysThe yen fell to 162.27 per dollar on June 30, its weakest level against the greenback since 1986.A wide...
Japan’s Nikkei Poised for 36% Quarterly Surge, Its Biggest Since 1965 – Bitcoin News
Key TakeawaysThe Nikkei 225 is poised for a 36% quarterly gain, its strongest in data dating back to 1965.A rebound...
Bitmine ETH Holdings Reach 5.7M After Joining Russell 1000
Ether treasury company Bitmine Immersion Technologies added more than 27,000 Ether to its holdings last week as the firm joined...
YGG Cuts Game Publishing Arm, Lays Off 35 Staff
Crypto gaming company Yield Guild Games says it has shut down its crypto game publishing arm, YGG Play, and will...
Euroclear Sues in Brussels to Block Moscow Court Ruling on $232 Billion in Russian Assets – Bitcoin News
Key TakeawaysEuroclear sued to void a Russian asset ruling, exposing global clearing risks as Brussels next decides.Russia ordered $232B in...
Rick Rule Warns the Fed May Have to Print Again to Bail out Markets
Key TakeawaysRick Rule warns junk bond ETFs holding trillions in assets face a liquidity mismatch risk.Rule says U.S. federal debt...
Netherlands to tax unrealised Bitcoin gains under new Box 3 rules
Wet werkelijk rendement Box 3 is set to begin on January 1, 2028, according to the Dutch parliament. A 36%...
What the BPS ruling reveals about Australia’s crypto compliance gap
Misleading claims about Qoin approval, liquidity, and merchant acceptance were upheld. The court imposed financial penalties, public notices, and a...
Revolut Notifies Customers of USDT Delisting
Revolut, a crypto-friendly digital banking platform headquartered in the United Kingdom, notified some users it will delist Tether USDt (USDT)...
Japan approves bill to classify crypto as financial assets
Cryptocurrencies now fall under Japan’s securities-style financial laws. Insider trading rules and stricter disclosures will apply. Lower taxes may boost...
Crypto Lending Drops to $23.3 Billion as Tether Holds 68% of CeFi Loan Market in Q1
Key TakeawaysCeFi loan books fell 6% to $23.3B in Q1 2026, ending growth since Q3 2024.Tether held a 68% share,...
Democrat Supported by Ripple Co-founder’s PAC Wins in Colorado
Manny Rutinel, a Democratic candidate running to represent Colorado’s 8th congressional district, has won his party’s primary and will head...
Coinbase Brings Stablecoin Funding to Europe’s Regulated Mutual Funds
Key TakeawaysCoinbase and Spiko introduced stablecoin funding for Spiko’s regulated UCITS money market funds, marking a European first.Investors can subscribe...
Chinese Wealth Funds Warn of Global AI ‘Super Bubble’ Burst
Key TakeawaysWealspring warned the AI super bubble may soon collapse, next threatening tech markets with a capital retreat.Banxia noted Anthropic...
CME’s Terrence Duffy Targets CFTC Perps Approval as Kalshi Volume Tops $3B
Key TakeawaysOn June 18, CME CEO Terrence Duffy plans to sue the CFTC over its landmark approval of crypto perpetual...
