South Korea's central bank increased interest rates by 25 basis points to 3%, the highest level since January 2025, aiming to curb rising inflation. Core inflation reached 2.6% in July, the highest since December 2023, while housing prices in Seoul surged 2.5% in June, the fastest increase in five years. The central bank expects inflation to stay above its 2% target for some time due to strong domestic demand and growth in the semiconductor sector. This move signals continued rate hikes to manage persistent cost pressures and an accelerating housing market.
Capital One experienced a significant 26% increase in purchase volume, highlighting strong growth in its recent franchise acquisition. In contrast, the legacy Discover card volume saw minimal growth, rising less than 2%. This disparity underscores th...
Mastercard will sponsor a 36-hour XRP Ledger hackathon in New York on October 24–25, focusing on protocol innovation, agentic finance, lending, and XRPL functionality projects. This sponsorship highlights Mastercard's involvement in blockchain develo...
XRP surged nearly 50% last week, reaching $1.69 after a White House meeting supporting the CLARITY Act, which aims to clarify crypto regulation. The price has since corrected to around $1.44, with analysts eyeing a support zone between $1.10 and $1.3...
Better Mortgage and Coinbase have launched a new mortgage product in the US allowing homebuyers to use Bitcoin as collateral for down payments without selling their crypto. Applicants must pledge Bitcoin worth at least 250% of the down payment loan, ...
Bittensor (TAO) trades at $228.10, 54.2% below its 12-month high of $497.94 but 56.6% above its low of $145.64. The token shows a recent recovery with a 19.7% gain over the past week and rising volume, yet it remains below the 200-day moving average,...
