TD Cowen has reduced its price target for Smarter Web Company (SWC), a London Stock Exchange-listed firm pursuing a strategic Bitcoin accumulation strategy, to 0.64 pound from the previous 1 pound, while maintaining a Buy rating. The revision, reported by The Block, reflects a combination of factors including adjustments to the investment bank’s Bitcoin price
A Hong Kong dollar stablecoin backed by a Standard Chartered-led venture could begin trading as early as July 31, 2026, offering the crypto market a regulated digital currency pegged to something other than the US dollar. The Hong Kong Economic Journal reported that HKDAP is expected to launch before the end of July. The timing
Crypto News A former Goldman Sachs credit investor argues that Strategy’s STRC preferred stock is undervalued by roughly 13%, worth near $96 against a market price of about $85. Khing Oei, who spent 25 years valuing risky debt at Goldman and hedge funds, published a model that treats STRC like a bond rather than a
In a recent tweet on July 9, 2026, Cathie Wood of ARK Invest articulated her views on the importance of stablecoins like $USDT and $USDC in the cryptocurrency ecosystem. She emphasized that these stablecoins function as monetary networks whose effects compound over time, driven by trust, collateral utility, and integrations. Wood’s insights have gained traction,
The Bank of Korea is moving closer to live transaction testing of deposit tokens under the second phase of Project Hangang, its central bank digital currency (CBDC) pilot program. According to a report from Yonhap News, the central bank and participating commercial banks are finalizing system preparations and participant recruitment. If development proceeds on schedule,
U.S. Central Command disclosed that Iran fired ballistic missiles and drones at Muwaffaq Al Salti Air Base in Jordan late on July 17. Two service members died, a third remains missing, and four others were hospitalized and later discharged. CENTCOM called the barrage retaliation for the ongoing U.S. bombing campaign, now in its eighth night
Moonshot AI is preparing to go public within six months, moving to tap capital markets days after its Kimi K3 model upended assumptions about how far behind China’s AI sector really is. The company has distributed a shareholder resolution seeking its backers’ approval for a Hong Kong listing, Bloomberg reported Monday, a step that signals
Crypto markets remained relatively flat over the weekend with low volatility and total capitalization hovering around $2.3 trillion. Nevertheless, military action in the Middle East has continued with the US Central Command reporting on Sunday that it was conducting a new wave of strikes against Iran for the ninth consecutive night. “The strikes will continue
As billions of dollars continue flowing into proprietary AI companies, one organization is placing a major bet on a different future for artificial intelligence. Sentient Foundation has announced a $42 million Open Source AGI Grant and Investment Program, one of the largest funding initiatives dedicated exclusively to supporting developers, researchers, startups, and public-goods projects building