China's central bank injected $52 billion into its banking system via overnight reverse repos on August 14, aiming to smooth liquidity amid steady interest rates. Despite this, Bitcoin fell 1.7% to around $62,605, continuing a pattern seen after a similar injection in June. The People’s Bank of China has scheduled three more injection days capped at about $88 billion each, signaling ongoing liquidity support without rate cuts. However, capital controls and global borrowing costs limit direct impact on Bitcoin, which trades against broader global financial conditions rather than just Chinese liquidity moves.
Chainlink has formed a strategic partnership with Infosys, a major IT company supporting 1.7 billion accounts, to help traditional finance institutions integrate directly with blockchain technology. The collaboration will leverage Chainlink's technol...
ZIM Integrated Shipping Services is at a critical point as the Israeli government evaluates Hapag-Lloyd's acquisition offer of $35 per share. ZIM's use of LNG-powered vessels and strong exposure to Pacific and Latin American routes supports robust pr...
Fastly reported record Q2 2026 revenue of $183.3 million, up 23% year-over-year, and non-GAAP EPS of $0.15, both exceeding analyst expectations. The company raised its 2026 revenue guidance to $739 million and EPS to $0.52, citing improved operating ...
Solana has launched the Alpenglow upgrade on its public test network, aiming to reduce transaction finality time from about 13 seconds to 0.15 seconds. This upgrade replaces the current TowerBFT consensus with a new voting protocol called Votor, enab...
Bitcoin is on track to achieve a rare three-month winning streak from July to September, a feat last seen in 2012. The cryptocurrency rose 4.8% in July, 25.2% in August, and is currently up 10.9% in September, trading around $86,140. In 2012, a simil...
