Bitcoin pushed to a new all-time high above $124,000 as institutional demand, friendlier U.S. policy tone and growing ETF inflows fueled gains. Ether continued its “catch-up trade,” nearing its 2021 peak amid accelerating inflows into spot ETH ETFs and rising tokenization activity, pointing to a broader-based crypto upcycle.
Source: MarketWatch
U.S. to add trackers to AI chip shipments to curb diversion to China
Washington plans to embed tracking devices in AI chips sent to certain markets to prevent rerouting to China, deepening enforcement of export controls on advanced semiconductors. The move tightens oversight of Nvidia/AMD high-end products and follows broader measures to limit Beijing’s access to cutting-edge compute for AI and defense applications.
Source: Seeking Alpha
Adyen’s H1 revenue rises, but shares slide on warning about ‘de minimis’ rule change
Dutch payments giant Adyen reported double‑digit revenue growth, yet its stock slumped after cautioning that changes to low‑value import tariff rules could hit cross‑border e‑commerce volumes. The company reaffirmed its medium‑term growth targets but flagged a tougher environment for key merchant segments as global trade frictions ripple through checkout flows.
Source: MarketWatch
Cisco sets FY26 revenue goal at $59B–$60B as AI infrastructure orders top $2B
Cisco outlined a $59B–$60B revenue target for FY26 and highlighted surging AI infrastructure demand, with cumulative AI orders exceeding $2B and accelerating in Q4. The company is leaning on Silicon One, security, and Nvidia partnership traction to convert orders to shipments across web‑scale, enterprise and sovereign AI customers.
Source: Seeking Alpha
Crypto exchange Bullish soars on NYSE debut, valued around $13.2B
Bullish, parent of CoinDesk, surged in its New York listing, signaling robust investor appetite for institutional‑focused crypto venues. The cash raised will fund expansion and balance‑sheet flexibility as regulated exchanges, spot ETFs and corporate treasuries deepen the digital‑asset market’s mainstream footprint.
Source: Finance Magnates
Hong Kong steps in again to defend currency peg as carry trades bite
The HKMA bought local currency and drained liquidity for the 11th time since late June to counter pressure from widening U.S.–Hong Kong rate differentials. Officials aim to deter carry trades and stabilize interbank rates, underscoring their commitment to the long‑standing USD‑HKD peg as global policy divergence persists.
Source: South China Morning Post
New York Attorney General sues Zelle parent over fraud safeguards
New York’s AG filed suit against Early Warning Services, alleging inadequate controls enabled fraud losses and consumer harm on the P2P network. The action raises the regulatory temperature on real‑time payments risk management and could pressure the industry to expand liability protections and anti‑fraud protocols.
Source: American Banker
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