Global financial markets extended their selloff for a fourth consecutive day as persistent uncertainty over US interest rates and technology valuations rattled investors worldwide. The S&P 500 broke below a critical technical level while Bitcoin tumbled below $90,000 for the first time in seven months, signaling deepening risk aversion across both traditional and digital asset markets. Meanwhile, Japan launched diplomatic efforts to ease tensions with China following controversial comments by Prime Minister Sanae Takaichi about potential military deployment in the Taiwan Strait, adding geopolitical concerns to the market turmoil.
about Global Stock Selloff Continues, Bitcoin Drops Below $90KBNP Paribas
0 in Finance and 0 in Crypto last weekBanks & Payment Giants Embrace Stablecoins as Regulations Ease
Stablecoins are rapidly transitioning from crypto experiments to mainstream financial instruments as regulatory clarity improves globally. Major banks and payment processors are now actively integrating them into traditional infrastructure, marking a significant convergence between traditional finance and digital assets that promises to reshape global payments and banking systems.
about Banks & Payment Giants Embrace Stablecoins as Regulations EaseGlobal Stock Rally Stalls Amid Valuation Concerns
Global equity markets are facing renewed pressure as investor concerns about rich valuations intensify following Palantir’s earnings report and warnings from Wall Street executives about potential corrections. The market jitters come alongside mixed signals from the energy sector, where Saudi Aramco delivered stronger-than-expected results despite weaker oil prices, while political developments in New York City threaten to impact federal funding allocations.
about Global Stock Rally Stalls Amid Valuation ConcernsTech Earnings Fuel Stock Rally, Nvidia Expands AI Partnerships
US equity futures are climbing as blockbuster tech earnings from Amazon and Apple ignite a market-wide rebound, with Amazon poised for a historic $300 billion rally. The positive momentum extends beyond domestic markets as Nvidia CEO Jensen Huang expands the company’s AI footprint through strategic partnerships in South Korea while eyeing Chinese market opportunities. With energy giants Exxon and Chevron set to report earnings and analysts noting increased investor risk appetite, the stage is set for a significant market upswing driven by corporate performance and global expansion strategies.
about Tech Earnings Fuel Stock Rally, Nvidia Expands AI PartnershipsWall Street Closing Bell Analysis with Top Financial Experts
Bloomberg Television delivers comprehensive market analysis in the critical moments surrounding Wall Street’s closing bell, featuring insights from top financial strategists and industry leaders across major institutions. Today’s diverse panel provides real-time commentary and strategic perspectives across banking, asset management, private wealth, and consumer sectors during the crucial market closing period, offering investors timely analysis as trading concludes.
about Wall Street Closing Bell Analysis with Top Financial ExpertsCiti to Launch Crypto Custody Service in 2026
Citigroup is preparing to launch a cryptocurrency custody service in 2026, joining a growing wave of traditional financial institutions expanding into digital assets. The bank has been developing the service for several years and aims to offer institutional clients secure storage for digital coins and tokens. This move signals deepening mainstream adoption of cryptocurrency services by major banking institutions.
about Citi to Launch Crypto Custody Service in 2026Major Banks Form Stablecoin Consortium After Trump Endorsement
A powerful consortium of global banking giants including Bank of America, Citi, Deutsche Bank, Goldman Sachs, and UBS is collaborating to develop stablecoins pegged to G7 currencies, marking a significant institutional push into digital assets. This initiative follows former President Donald Trump’s endorsement of the sector and aims to challenge Tether’s overwhelming market dominance, where USDT currently accounts for $179 billion of the total $310 billion stablecoin market. The move represents growing mainstream acceptance of blockchain technology in traditional finance, with multiple banks exploring how digital assets can reduce costs and improve efficiency.
about Major Banks Form Stablecoin Consortium After Trump EndorsementMajor Banks Explore G7-Backed Digital Currency Initiative
A consortium of ten global banking giants including Bank of America, Citi, and Deutsche Bank is collaborating to explore issuing a 1:1 reserve-backed digital currency pegged to G7 currencies. The initiative represents traditional finance’s most significant move yet toward embracing blockchain technology while ensuring full regulatory compliance and enhancing market competition in the rapidly evolving digital asset space.
about Major Banks Explore G7-Backed Digital Currency InitiativeMajor Banks Explore G7 Stablecoins on Public Blockchains
A consortium of global banking giants including Bank of America, Goldman Sachs, and Deutsche Bank is exploring the launch of stablecoins pegged to major G7 currencies. The initiative aims to leverage public blockchains while maintaining full regulatory compliance, representing traditional finance’s deepening engagement with digital asset technology and potentially transforming how global payments are conducted.
about Major Banks Explore G7 Stablecoins on Public BlockchainsMarkets Waver as Israel-Hamas Deal, China Curbs Unfold
Global markets are navigating a complex landscape of geopolitical breakthroughs and trade restrictions as Israel and Hamas reach a landmark truce agreement promising the release of all hostages in Gaza, while China tightens exports of critical minerals. US equity futures show volatility after hitting record highs, reflecting investor caution amid these developments and warnings from BNP Paribas Asset Management about potential market corrections.
about Markets Waver as Israel-Hamas Deal, China Curbs UnfoldChainlink Eyes $47 as Technical Setup Signals Bullish Momentum
Chainlink’s LINK token has surged nearly 10% in the past week, trading around $22 as analysts eye a potential climb toward $47. Technical charts show the cryptocurrency moving within an ascending parallel channel with strong support above $20. Growing on-chain activity and institutional partnerships are adding fundamental strength to the bullish case.
about Chainlink Eyes $47 as Technical Setup Signals Bullish MomentumSwift Picks Linea for Blockchain Interbank Messaging Pilot
In a landmark move for financial technology, global banking consortium Swift has selected Consensys-developed Ethereum layer-2 network Linea to pilot its transition from traditional interbank messaging to blockchain-based communications. The multi-month pilot, involving major institutions like BNP Paribas and BNY Mellon, represents Swift’s most significant entry into blockchain technology to date, targeting the modernization of an industry that processes billions of payment instructions annually. The selection specifically addresses banks’ critical need for transaction confidentiality through Linea’s zero-knowledge proof technology while promising greater speed, transparency, and programmability than traditional payment methods.
about Swift Picks Linea for Blockchain Interbank Messaging Pilot