Block Earner announced on August 18 that it has raised $5.14 million in a Series A funding round led by CMCC Global’s Titan Fund, with support from King River Capital. Australia’s First Bitcoin-Backed Home Loan Australian provider of crypto-backed loans, Block Earner, announced on Aug. 18 that it had successfully closed a $5.14million (A$8 million)
Fed Chair Jerome Powell is set to speak at the Jackson Hole Economic Symposium for the last time since being appointed to the position by then-President Donald Trump in 2017. Powell will deliver a speech that will be closely followed by global central bankers at an event to be held at Jackson Lake Lodge in
Expectations regarding the Fed’s interest rate policy are once again in the spotlight. Rick Rieder, CIO of BlackRock Global Fixed Income and head of the Global Allocation team, said on Fox Business that he expects the Fed to cut interest rates in September. “My guess is that the Fed will deliver a message about maintaining
Investors who committed negligible amounts into XRP daily over the past decade would be sitting on massive gains today. One of the most attractive features of cryptocurrencies is their ability to transform modest investments into fortunes, especially from their earlier days. Notably, over the years, XRP has proven to be one of the assets capable
Saifedean Ammous, economist and author of the best-selling book The Bitcoin Standard, criticized Argentina’s President Javier Milei for his economic performance, highlighting the failed bond rollover despite one of the highest interest rates in history. Ammous believes that the country will likely default, as it owes over $40 billion to international institutions. Bitcoin Standard Author
Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space. BlackRock’s $366M crypto transfer signals potential selling pressure as Bitcoin touched 112K before recovering. TORICO surged on Gentosha’s partnership for Web3 expansion. Fed Chair Powell’s Jackson Hole speech
The Council on Foreign Relations warns that USD stablecoins could reshape global finance and weaken Beijing’s control. China is preparing to counter with tightly monitored digital money designed to reinforce, not reduce, state authority. USD Stablecoins and US Policy The Council on Foreign Relations (CFR), a prominent US think tank on diplomacy and international politics,
A new report suggests that tokenizing real-world assets (RWA) could help resolve structural inefficiencies in Latin American capital markets and accelerate investment flows. Bitfinex Securities El Salvador’s Latin America Market Inclusion Report, released on August 20, said RWA tokenization can cut issuance costs for capital raises by up to 4% and reduce listing times by
Asia’s wealthiest families and family offices have significantly increased crypto exposure, taking advantage of improving regulations and strong returns. These high-net-worth investors now view digital assets as integral to a modern diversified portfolio. Wealth Managers Report Rising Crypto Allocation Wealth managers across major Asian markets report surging interest. UBS indicates some overseas Chinese family offices
Crypto equities, which had strongly outperformed Bitcoin over the past 18 months, are now showing signs of fatigue. Amidst a broader market pullback, investors appear to be fleeing riskier corners of the market. No IPO, No Catalyst After a stellar 18-month run, crypto equities are beginning to lose momentum relative to Bitcoin, according to the