Articles by Khal
Latest from Khal
-
US job openings climb to 7.3 million in July, signaling labor market resilience
Job openings rose by 89,000 in July to hit 7.271 million, signaling sustained labor demand that could weigh on Federal Reserve rate decisions as inflation concerns persist.
-
Gold prices slip as Fed rate hike expectations intensify
Gold prices have declined amid growing expectations for U.S. Federal Reserve rate hikes, with spot prices ranging between $4,428 and $4,456 per ounce. A stronger dollar is weighing on the non-yielding asset as market participants brace for potential monetary tightening.
-
Cryptocurrency hacks surge to 50 in August despite lower losses
August 2026 saw 50 significant cryptocurrency hacks stealing $136.3 million, a 67% increase in incidents from July despite a 49.5% decline in total losses. The TectonicFi incident alone accounted for over half the month's theft.
-
Thailand SEC proposes retail access to overseas crypto derivatives
Thailand's Securities and Exchange Commission proposed allowing intermediaries to facilitate retail access to overseas crypto derivatives that meet strict conditions, including trading on centrally cleared exchanges under international regulatory oversight.
-
Guardian Audits launches Vanguard program with $1M security fund
Guardian Audits, founded in 2022, rolled out Vanguard, a multi-layered security program pairing dual auditor teams with AI analysis and a $100K defender contest. The firm is backing it with a $1 million fund to cover audit costs for qualifying projects.
-
AWS Interconnect adds Azure as multicloud partner, targets universal standard
AWS Interconnect, which reached general availability in April 2026, will add Microsoft Azure as a partner later this year. The service compresses multicloud provisioning from weeks to minutes and includes built-in resiliency and encryption.
-
Gold hits $4,506/oz in Q2 2026 as M2 growth and ETF inflows surge
Gold reached $4,506.29 per ounce in Q2 2026 as money supply expansion and renewed ETF buying reinforce its appeal as an economic hedge amid shifting monetary policy.
-
Hyperliquid in talks with Payward to bring US perpetual futures access
Hyperliquid Labs is negotiating with Kraken parent Payward to offer perpetual futures to US traders through the regulated Bitnomial exchange, pending CFTC approval. The move could establish a pathway for the decentralized platform to enter the American market.
-
JD Vance Sets Data Center Condition: Add Power to Grid, Not Draw
Vice President JD Vance has set a policy condition requiring data centers building AI facilities to add power to the grid rather than draw from it, aiming to prevent higher electricity costs for regular Americans.
-
MicroStrategy Resumes Bitcoin Buying With $370M Purchase After Two-Month Pause
Strategy, the world's largest Bitcoin treasury firm led by Michael Saylor, purchased 4,603 Bitcoin worth $370 million after a two-month break from its aggressive buying strategy, bringing total holdings to 845,050 BTC.
-
Coolbit Technologies withdraws $23M Nasdaq IPO amid market downturn
Coolbit Technologies, a small Bitcoin mining firm with six employees, withdrew its $23 million IPO from the SEC on August 31, 2026, after investor appetite for equity offerings collapsed in mid-July. The withdrawal underscores mounting pressure on smaller miners to compete with vertically integrated giants.
-
CME Group and CF Benchmarks Launch Two New Multi-Asset Crypto Indices
CME Group and CF Benchmarks launched two new multi-asset digital asset indices on August 31, 2026. The CME CF Crypto Market Index tracks Bitcoin and Ether alongside broader holdings, while the CME CF Emerging Crypto Index excludes both, focusing on smaller digital assets. Both update every second and are designed for performance measurement and risk management rather than derivatives settlement.
-
Bitcoin Holds Support as Trader Eyes Upside Despite Fed Headwinds
Bitcoin stabilized after a sharp intraday decline triggered by hawkish Fed commentary, prompting trader DonAlt to flag upside potential—though macro headwinds and technical resistance remain contested.
-
Strategy adds $370M Bitcoin, treasury reaches 845,050 BTC
Strategy purchased 4,603 Bitcoin for approximately $370 million between August 24 and 30, bringing its total Bitcoin holdings to 845,050 BTC. The acquisition was funded through an at-the-market offering of MSTR shares.
-
Ireland Excludes Crypto From $203B Tax-Advantaged Savings Scheme
Ireland's new tax-advantaged savings accounts will exclude cryptocurrency but allow shares, bonds, ETFs, and funds. Tánaiste Simon Harris announced the scheme on Sunday, with accounts expected to open next year and full details arriving on Budget day, October 6.
-
Evercore ISI Initiates Lumentum With Outperform, $1,100 Target
Evercore ISI has initiated coverage of Lumentum Holdings with an Outperform rating and $1,100 price target, implying roughly 23% upside. The optical components maker posted $1.01 billion in Q4 FY2026 revenue and guided Q1 FY2027 revenues between $1.225 billion and $1.275 billion.
-
Singapore commits $173M to fintech innovation across six funding tracks
Singapore's Monetary Authority unveiled FSTI 4.0 on August 31, allocating up to $173 million over three years to deepen the nation's fintech ecosystem through talent development, technology adoption, and infrastructure investment.
-
Oil prices climb 1% after U.S. strike on Iranian launchers
Oil prices rose over 1% following a U.S. military strike on Iranian rocket launchers on Larak Island, with market participants weighing supply risks through the Strait of Hormuz and monitoring potential Iranian retaliation.
-
MicroStrategy's $2.8B Bitcoin Gain Fuels Saylor Accumulation Speculation
A Bitcoin rally to $79,000 lifted MicroStrategy's 840,447 BTC holdings to $2.8 billion in unrealized profit, as CEO Michael Saylor's "We're Back" post sparked investor speculation about resumed accumulation after a two-month pause.
-
Bitcoin's Oldest Holders Stir: 15-Year Dormant Wallets Move
A wallet holding 10 BTC from June 2011 moved its coins on August 29 after 15.2 years untouched, realizing a $777,000 gain. The movement is part of a broader pattern: multiple dormant wallets totaling thousands of BTC have activated in recent weeks, signaling renewed activity among Bitcoin's earliest investors.
-
Matt Damon to Headline Ripple's Swell Conference, October 27-29
Academy Award winner Matt Damon will appear as a featured speaker at Ripple's Swell event in New York City on October 27-29, 2026, joining CEO Brad Garlinghouse, President Monica Long, and other industry leaders.
-
CLARITY Act Vote Looms as Bipartisan Support Erodes in Senate
The CLARITY Act (H.R. 3633), which aims to clarify regulatory authority over digital assets between the SEC and CFTC, faces an uncertain path to passage as bipartisan support diminishes ahead of a Senate vote scheduled for 16 days from publication.
-
July jobs report shows payroll decline, gives Fed cover on inflation
Nonfarm payrolls fell 23,000 in July while the unemployment rate edged down to 4.1%, mixed signals that allow the Fed to maintain restrictive policy and keep inflation as its primary focus rather than rush into rate cuts.
-
Metaplanet transfers $237M Bitcoin to Coinbase Prime
Japan-based Bitcoin treasury firm Metaplanet has transferred approximately $237 million worth of Bitcoin to Coinbase Prime, triggering speculation about a potential sale amid recent market weakness.