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A wallet tagged to the US government moved a small amount of Bitcoin linked to assets seized from Alameda Research’s Binance.US accounts.The movement revives a familiar fear that Washington could be preparing to liquidate more of its forfeited Bitcoin stash.Bitcoin deposited into the Strategic Bitcoin Reserve “shall not be sold” under President Donald Trump’s March 2025 executive order, turning qualifying forfeited BTC into a long-term Treasury asset.Trump himself said on Aug. 19 that he had made Bitcoin “a permanent asset of the United States Treasury.”CategoryCovered by reserve sale ban?Why it mattersSeized BTCNot automaticallyGovernment control alone does not make BTC part…

Wednesday, August 26th, 2026Today’a trading session looked a bit hesitant ahead of NVIDIA’s NVDA Q2 results after the closing bell today, but it needn’t have been: earnings of $2.22 per share on revenues of $96.2 billion in the quarter left the Zacks estimates of $2.09 per share on $91.85 billion in the dust. This marks a +120% year-over-year increase on the bottom line and +106% on the top. Expectations had been for +99% earnings growth and +96.5% on revenues.NVIDIA’s Data Center business alone accounted for $89.00 billion in revenues for the July quarter, up a cool +117% from this time…

The following is a fintech and wider digital economic development view of Pacific Nation Tonga. Few countries depend on money sent home quite like Tonga. Across Australia, New Zealand, the United States and elsewhere, Tongans working abroad regularly transfer part of their earnings back to relatives in the Pacific kingdom. That money pays for groceries, school fees, electricity, housing and countless other everyday expenses. Remittances are consequently not a peripheral part of Tonga’s financial system. They are one of its foundations. This gives fintech a particular purpose in the country. Tonga does not need technology simply to make banking more…

The mounting U.S. debt is an intractable problem. A quick look at the numbers shows how interest payments are set to snowball, but short-term relief could be coming.

Nvidia shares rose on Thursday after the chip giant’s revenue guidance reassured investors that AI demand will remain strong.Shares were last up 7.2% in premarket trading. Investor bullishness suggests Nvidia could buck the trend of its stock dropping the day after reporting earnings in all of the previous four quarters, despite meeting or beating estimates.Chip stocks rallied following Nvidia earnings. Micron rose 4.5%, Marvell 5.7%, Arm 4.7%, Intel 3% and AMD 1.7%. Shares of neocloud firms also rose, with Nebius and CoreWeave up around 7.5% and 6% in premarket trading, respectively.Nvidia CFO Colette Kress said on Wednesday that the company…

Burnham recognises rising energy bills are ‘difficult for people’Andy Burnham has said rising energy bills are “difficult” for people after Ofgem raised its price cap by 4% to a three-year high and analysts forecast a further 9% hike from January.Speaking to reporters from a supermarket in London, the prime minister said: double quotation markIt’s difficult for people and I recognise that. But it’s why, within days of taking office, I announced that we would remove VAT off electricity bills to give people that little bit of help. That kicks in from October. We know the price cap will have an…

The Bank of Thailand (BoT) has held rates as expected, while economists maintained their expectation that the bank would remain on an extended pause.Don Nakornthab, the secretary of the BoT’s monetary policy committee, said via a release today (August 26) that it had voted unanimously to keep its benchmark rate at 1%, a level at which it has been set since February. The move had been expected by all 24 economists polled by Bloomberg ahead of the decision.Nakornthab said the rate hold had been Only users who have a paid subscription or are part of a corporate subscription are able…

Despite the retreat, ADA still ranks among the 20 largest cryptocurrencies. Cardano’s native token has been on a tear over the past several days, but its rally stalled today (August 26) as the broader market pulled back a bit. While most analysts remain bullish on the asset, some believe a double-digit decline from the current levels could also be on the horizon. Bulls vs. Bears ADA has soared by 22% over the past two weeks, following the market’s revival prompted by the monetary changes announced by the US Treasury Department, among other factors. At one point, the asset rocketed…

Nike and Dick’s Sporting Goods are likely to struggle near term as the footwear market weakens, according to Truist Securities. The bank downgraded both the apparel giant and Foot Locker owner to hold from buy. It lowered its price target on Dick’s to $135 from $270, suggesting nearly 9% upside from Tuesday’s close. Truist also cut its target on Nike to $42 from $47, or 6% above the price at which shares last closed. “We were previously more optimistic … but we now see headwinds as too severe,” analyst Joseph Civello said Wednesday in a note to clients. The downgrades…

Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxRevolut has launched its first stablecoin as part of plans to expand its cryptocurrency services.The euro-denominated token, called EURR, is designed to maintain a value of €1.It is issued by payments infrastructure provider Bridge and integrated into the Revolut app.Eligible customers can use EURR across supported crypto services, external wallets and blockchain networks.The token offers a euro-based alternative to stablecoins pegged to the US dollar.Revolut will begin rolling out EURR in phases this month, starting with customers in Denmark, Poland and Portugal.The company plans to expand availability to…