Bitcoin fell below $77,000 Friday after Fed Chair Kevin Warsh revived the threat of higher interest rates at Jackson Hole. Data from CryptoSlate shows the largest cryptocurrency dropped to as low as $76,909 before recovering to $77,712 as of press time, down about 4% over the previous 24 hours. The retreat accelerated a broader crypto
XRP has come under renewed selling pressure after Federal Reserve Chair Kevin Warsh delivered a notably hawkish message on inflation during his first Jackson Hole speech. The cryptocurrency dropped to around $1.38 on Friday. The cryptocurrency is down roughly 5% over the past 24 hours, according to CoinGecko data. The Ripple-linked cryptocurrency had been trading
August has produced an unexpected leader in global equities. While AI and semiconductor stocks remain among the market’s most closely watched trades, gold miners have delivered the stronger monthly performance. The MSCI global gold miners index has climbed roughly 43% in August, helped by a sharp rise in bullion and renewed demand for hard-asset exposure.
The iShares Bitcoin Trust ETF (IBIT) closed at $44.46 on Aug. 26, about 30.2% below the $63.69 price needed to trigger an early exit from a $21.374 million JPMorgan structured note. The securities are bank debt linked to IBIT, not shares in the exchange-traded fund. Under the note’s final terms, JPMorgan Chase Financial Company LLC
On Thursday, August 27, 2026, India’s first monthly futures-and-options (F&O) expiry under the new Closing Auction Session (CAS) turned a routine close into a liquidity shock. After trading ended at 3:15 pm, the BSE Sensex briefly plunged nearly 3% in 20 minutes before recovering, raising questions about whether India’s market structure can absorb the reform
Tokenized gold has moved deeper into crypto lending after Aave’s XAUT-backed debt reached a $25 million ceiling and Arch Lending added loans against the two largest gold tokens. Arch co-founder and chief technology officer Himanshu Sahay told crypto.news that demand for tokenized gold loans shows holders are beginning to treat the assets as usable parts
A new report from the Federal Reserve Bank of Kansas City argues that dollar-pegged stablecoins are more likely to strengthen the U.S. dollar’s global position than to undermine it. The analysis, authored by Circle executive Gordon Liao, Cornell University economist Eswar Prasad, and economist Tony Zhang, points to the dominant role of dollar-based stablecoins in
Hanwha Investment & Securities, a South Korean financial services firm, is accelerating its push into digital assets by reorganizing its virtual asset investment unit and establishing a local office in the United States, according to a report from Seoul Economic Daily. The move signals a broader institutional commitment to blockchain-based finance, as the company positions