Transak has officially listed Tether Gold (XAU₮), a gold-backed stablecoin issued by Tether, on its global stablecoin onboarding platform, as per the reports shared with Finbold on Monday, July 7, The listing allows users worldwide to purchase, transfer, and settle in gold-backed tokens without traditional intermediaries or physical storage requirements. Each XAU₮ token represents one
Shares of Mustang Bio (NASDAQ: MBIO) surged on Monday as investors responded to a significant approval from the Food and Drug Administration (FDA). By press time, Mustang Bio’s stock was trading at $5.11, marking a 329% surge. Over the past week, the equity has rallied by more than 400%. Notably, the stock is part of
Japan’s consumer index falls for the third month, raising concerns about household spending and economic momentum. Investors are eyeing Bitcoin as weak consumption data could prompt the Bank of Japan to adopt a more cautious policy stance. Japan’s consumer index fell for the third month in May, pointing to weaker household demand and fresh concerns
The financial world is buzzing with news from South Korea, where traditional banking giants are making decisive moves into the digital asset space. Specifically, BNK Financial Group, a prominent financial holding company, has announced a significant stride towards the future of digital currency. Its affiliates, including BNK Financial Holdings, Busan Bank, and Kyongnam Bank, are
Assets in tokenized Treasury and money market products rose 80% to $7.4 billion, a RWA.xyz report says. Stablecoin issuers could be in trouble as investors and funds shift from stablecoins to higher-yield alternatives. On Monday, the Financial Times covered a report by RWA.xyz on the state of asset tokenization. According to the analytics firm, tokenized
The minutes of the Fed’s June 12 meeting are unlikely to change markets’ expectations that there will be no rate cut at the July meeting, UK-based Lloyds Bank said. According to the bank, September is seen as the more likely date for a rate cut. While the Fed’s “dot plot” graph reflecting interest rate estimates
Murano to Enhance Existing Core-Strategy 21 Bitcoin BTC$108,322.08 Purchased to Date; Aims to Become a Major BTC Holder Joins BTC Inc & Michael Saylor’s Strategy-Backed Initiative “Bitcoin for Corporations” as Chairman’s Circle Member Significant Proceeds from SEPA Expected to Be Used to Purchase BTC London, July 7, 2025 – MURANO GLOBAL INVESTMENTS PLC (NASDAQ: MRNO)
Misinformation about MicroStrategy securities is rampant on social media, and a claim about an incredible delay in purchase orders for the company’s Strife (STRF) is the latest, egregious example. According to Josh Mandell, the $6 trillion asset manager and brokerage Fidelity didn’t fill his market buy order for STRF for over seven minutes. Moreover, in
Even as Russia gears up to launch its digital ruble, some of the country’s top bankers still aren’t sold on the idea. As Russia moves closer to launching its own digital currency, questions are starting to grow louder about whether the country really needs a central bank digital currency. And most importantly, these concerns are
Crypto inflows continue to extend their multi-week streak, with Bitcoin (BTC) and Ethereum (ETH) still leading despite broader market caution. However, Ethereum remains an outlier, demonstrating significantly higher investor interest or sentiment than Bitcoin. Crypto Inflows Surge to $1.03 Billion Last Week Crypto inflows hit $1.04 billion last week, and while this was significantly lower