BREAKING NEWS: The privacy coin Monero $XMR has risen 8.9% over the last 24 hours while the THORChain network update introduces native support for Monero (XMR) swaps.
• The U.S. says Chinese hackers breached the Federal Reserve. • Coinbase expands Bitcoin-backed mortgages without selling $BTC or facing margin calls. • Major banks move forward with plans for a joint stablecoin. • Elon Musk calls Sam Altman "untrustworthy" and accuses him of stealing OpenAI. • Bitcoin posts its biggest weekly gain since March 2023, up 23%. • Japan will launch instant blockchain settlement for stocks and government bonds. • The SEC proposes modernized rules for cryptoasset custody. • Charles Schwab, with $13 trillion, will add trading for Solana, Avalanche, and Chainlink. • OpenAI says it will achieve AGI this year. • Vivek Ramaswamy's Strive buys 1,100 Bitcoin for $85 million. • The UK orders the Bank of England to advance innovation in stablecoins and digital money. • China threatens retaliation over U.S. sanctions on Iran. • The U.S. economy grows 1.5% in the second quarter. • Bessent could access nearly $1 trillion for Treasury bond buybacks. • Trump announces a historic oil deal with Venezuela that could double U.S. reserves. • Elon Musk predicts SpaceX will generate $3.5 trillion in revenue by 2033. • Citadel warns Treasury buybacks could weaken the dollar and fuel inflation. • Trump raises tariffs on Canadian autos, parts, and steel to 50% in 2027. • Ontario threatens to cut off electricity and critical mineral supplies to the U.S. • Shell's CEO warns the oil market is losing its "shock absorber". • The U.S. imposes an additional 7.5% tariff on Chinese goods. • Canada says it is in a trade "war" with the U.S. • Nvidia $NVDA reports $96.2 billion in second-quarter revenue, beating estimates. • Canada announces tariffs of up to 50% on $20 billion in U.S. goods. • Thailand advances rules for spot Bitcoin ETFs