Author: WebDesk

All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. Asked about stablecoin competition on Visa’s July 28 earnings call, CEO Ryan McInerney gave a familiar answer. “Our role is not to pick winners,” he said. Visa holds a seat on the board of the company issuing Open USD, a consortium whose stated terms return reserve earnings to member businesses. It is also giving Open USD the first integration on its new institutional stablecoin platform. Those facts sit awkwardly beside the quote. Visa may have no view on which stablecoin wins, and it has taken…

Pro-crypto Senator Cynthia Lummis on Wednesday slammed Democrats for holding back the Clarity Act.  Speaking on the Senate floor, Senator Lummis, of Wyoming, spoke of the bipartisan work that had gone into the bill — but questioned why it was stalling.  Lawmakers are hoping the Clarity Act gets passed before Congress departs for August recess. While the bill has been drafted bipartisanly, some Democrats are unhappy with the current version.  JUST IN: 🇺🇸 Republican Senator Cynthia Lummis calls out the Democrats for holding up the Clarity Act:”After nearly 11 months of giving almost everything asked of us, I genuinely don’t…

All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. The Federal Reserve kept interest rates unchanged at 3.50%-3.75%, but three policymakers voted for a 25-basis-point increase. The central bank said inflation remains above target while economic activity, productivity and investment continue to show strength. Bitcoin fell toward $63,300, while Ethereum dropped below $1,900 as traders reassessed the prospect of higher-for-longer interest rates. Despite continued institutional inflows into spot Bitcoin ETFs, risk appetite weakened following the Fed’s hawkish message. Fed Holds Rates but Signals Inflation Fight Is Not Over The Federal Open Market Committee voted…

Bitcoin was trading higher on Wednesday — but only slightly — after the Federal Reserve decided to keep interest rates still.  The leading cryptocurrency was recently priced at close to $64,402 per coin, after moving up by nearly 1% in the hour following the announcement.  As expected, the U.S. central bank left the federal funds rate in the 3.50%-3.75% range. Three of the 12 members of the policy-setting Federal Open Market Committee “preferred” a quarter-percentage-point hike at this meeting.  Speaking to the press following the announcement, the Fed’s new Chair, Kevin Warsh, revealed little about where the central bank would…

The Federal Reserve kept rates unchanged at 3.50%-3.75% on July 29, but three officials called for a hike. Three officials wanted a 25-basis-point hike, marking the first time since 2016 that three policymakers have opposed a Fed decision in the same direction.The split raised the September hike odds to 62%, keeping pressure on Bitcoin and other risk assets.Fed Vote Splits 9-3 on Rate DecisionThe Federal Open Market Committee voted 9-3 to keep the federal funds rate at 3.50%-3.75%, extending the Fed’s wait for clearer signs that inflation is moving toward its 2% target.Cleveland Fed President Beth Hammack, Minneapolis Fed President…

UPS cleared the bar. The company beat second quarter expectations and bumped up its full year 2026 outlook. The stock’s first move was higher, which made sense, then it whipsawed lower as the market picked apart the details.If you watched the tape at the open, you probably saw that premarket pop. A few hours later, sentiment had cooled. That’s the kind of session that tells you investors liked the headline but still have questions about the path to those new targets.Here’s the rundown, what changed, and how to frame the next 90 days without getting lost in the noise. …

Key TakeawaysThe Federal Reserve held rates at 3.50% to 3.75% in a 9-3 vote on July 29, 2026.Hammack, Kashkari and Logan dissented, each preferring a 25 basis point rate hike.The New York Fed Desk will keep reinvesting proceeds to maintain 3.65% reserve rates. The Federal Open Market Committee voted 9 to 3 to keep the target range unchanged, citing solid economic growth alongside inflation that remains above the central bank’s 2% goal. Fed Chair Kevin Warsh presided over a meeting that ended with a rare split: the dissenters wanted higher rates, not lower ones. Three Officials Wanted a Hike Cleveland…

Your friend swears his new AI bot “prints” on alt pairs while he sleeps. The next morning he’s staring at a red PnL and a pile of taker fees. If you’ve been around crypto long enough, you’ve seen this movie. Smart code. Dumb market.AI trading agents are having a moment again. Demos look slick. Chat prompts spin up strategies in minutes. But when you push them into real markets with slippage, fees, and spiky liquidity, the story changes fast.So let’s strip it down. What these agents do well, where they break, and how to use them without torching your stack.AI…

Bipartisan work on the long-awaited Clarity Act continues after Democratic senator Catherine Cortez Masto said that she, along with two law enforcement groups, are feeling “good” about proposed changes to the bill, according to a news report.  Along with the National Association of Assistant U.S. Attorneys and the National District Attorneys Association, Cortez backed changes to the bill and said they felt positive about “the chance to resolve this issue once and for all,” according to a POLITICO report. The changes were sent to the White House. A number of lawmakers are hoping the Clarity Act — which would set…

James Ding Jul 29, 2026 17:46 OFAC sanctions Hamas-linked operatives and freezes $38.6M in TRON wallets, highlighting regional OTC desks’ role in terror financing. The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned Zaid Issam Ahmed al-Jebouri and two associates for their roles in a Hamas-linked financial network. The action, announced on July 23, 2026, also designates seven TRON (TRX) cryptocurrency addresses that have received approximately $38.6 million in digital assets. Al-Jebouri, an Iraqi national operating out of Istanbul, allegedly ran the financial network through El-Kahira for General Trading, a…