Key Takeaways Mir cards captured 85% of Russia’s market as sanctions rendered Visa and Mastercard effectively useless.Remaining foreign cards will soon fail due to physical wear and the expiration of security certificates.Russia’s central bank announced […]
Key Takeaways SPCX closed at $131.11 on July 16, down 3.08% and below its $135 IPO price for the first time.SpaceX raised a record $86 billion in its June 12 IPO and shares topped $225 […]
Key Takeaways The Sensex fell 2.15% on July 8 before recovering as Indian mutual funds bought the dip.UPI processed 241.6 billion transactions in FY 2025-26, per NPCI, cementing India’s payments lead.The RBI continues urging banks […]
Key Takeaways Bank of America forecasts three 25-basis-point Fed hikes in September, October, and December of this year.BofA Economist Aditya Bhave believes the Fed’s inflation problem has gotten “unambiguously worse” over the last couple of […]
Key Takeaways Bolivia floated its dollar rate on June 26, causing a 40% devaluation to stabilize foreign reserves.Past fixed rates caused severe dollar shortages, pushing locals to expand stablecoin proxy markets.Minister Espinoza cut currency interventions, […]
Key Takeaways The Nikkei 225 is poised for a 36% quarterly gain, its strongest in data dating back to 1965.A rebound in AI and semiconductor shares drove the index to records above 64,000 points.A weak […]
Key Takeaways Euroclear sued to void a Russian asset ruling, exposing global clearing risks as Brussels next decides.Russia ordered $232B in assets unblocked, bypassing EU law as Nabiullina next deploys legal tactics.The dispute risks asset […]
Key Takeaways Rick Rule warns junk bond ETFs holding trillions in assets face a liquidity mismatch risk.Rule says U.S. federal debt near 120% of GDP limits the Fed’s 2026 bailout options.Rule turned away 135 exhibitors […]
Key Takeaways CeFi loan books fell 6% to $23.3B in Q1 2026, ending growth since Q3 2024.Tether held a 68% share, while Maple, Nexo, and Coinbase gained market share.Galaxy and Ledn shrank the most, signaling […]
Key Takeaways Coinbase and Spiko introduced stablecoin funding for Spiko’s regulated UCITS money market funds, marking a European first.Investors can subscribe and redeem using EURC or USDC with near-instant settlement through Base.Broader adoption could expand […]
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