Korea pledged up to $350 billion for U.S. projects in July 2025 to unlock relief on U.S. tariffs on Korean exports. Negotiators then argued over how much must be paid in cash versus loans, guarantees, or equity. On October 20, Industry Minister Kim Jung-kwan said Washington softened the idea of all-cash funding. Even so, the
US stocks reacted sharply to the consumer price index inflation reading for September, with the Dow Jones Industrial Average jumping more than 350 points and both the S&P 500 and the Nasdaq hitting new all-time highs. Summary The US Bureau of Labor Statistics released the consumer price index inflation report for September on Friday. US
Public keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: DraftKings officially enters the prediction market race, a Bitcoin miner makes a comeback, and payments giant Zelle gets into the stablecoin arena. Predictable for DraftKings It wasn’t exactly a surprise when DraftKings announced that it had acquired
The White House announced that inflation data for October will not be released next month due to the US government shutdown. This could lead to the first gap in the data series that has continued uninterrupted for over 100 years. The White House, which stated that the federal government has been shut down for 24
Stablecoin payments expanded in 2025, with a growing share of B2B transfers. According to Artemis, the tokens saw 70% more usage as a payment tool since February. In 2025, stablecoin payments expanded by over 70% since February. The fiat-pegged market evolved, with payments becoming one of the key vectors of development, with Circle’s USDC leading
The crypto market is eying a relief rally in the coming days after the mild US consumer inflation report. It may also benefit from the upcoming Federal Reserve decision and talks between Donald Trump and Xi Jinping. Summary A crypto market rally happened after the latest US inflation data. The report came a few days
Wellgistics announces non-binding letter of intent with Datavault AI. The initiative aims at digitizing prescription from issuance to fulfillment. Here’s why it isn’t as big for WGRX stock as market is making it to be. Wellgistics Health Inc (NASDAQ: WGRX) more than tripled this morning after announcing a non-binding letter of intent with Datavault AI
According to Bloomberg, Tether CEO Paolo Ardoino announced that the company is expected to report a net profit of approximately $15 billion this year. Ardoino stated that this figure is an extraordinary achievement for the company and that they have reached a profit margin of 99%. Tether continues its rapid growth in stablecoin issuance while
Exchanges in Brazil have reported an increase in the adoption of stablecoins since the Financial Transaction Tax (IOF) more than tripled from 1.1% to 3.5%, affecting foreign payments and purchases of foreign currency in cash. Regulation that might plug this loophole is currently in the works. Stablecoin Adoption in Brazil Explodes to Avoid Financial Transaction