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AMD: CapEx Is Fueling The Next Leg

Key insight: Bunq, a Dutch neobank attempting to enter the U.S. digital banking market, had its charter application denied by the OCC on Friday.What’s at stake: This is the second denial of a fintech bank charter request from the agency as it is scrutinizing recent applications.Forward look: Bunq has not declared whether it will apply for a third time, but the decision letter allows for that as a possibility.The Amsterdam-based neobank Bunq’s U.S. banking charter application was denied by the Office of the Comptroller of the Currency even as the agency has approved multiple other fintech requests to become banks…

Key TakeawaysStaff say the bill would not stop Trump’s next $1.4 billion in crypto profits.Investor advocates and five major labor groups warn of securities-law gaps.A cloture vote on the motion to proceed is set for Sept. 15. Minority Staff Fault the Bill on Five Counts The Minority Staff of the Senate Banking, Housing, and Urban Affairs Committee, led by ranking member U.S. Senator Elizabeth Warren (D-MA), reviewed the July 22 text of the Digital Asset Market Clarity Act. The result was an Aug. 5 analysis identifying five major loopholes in the CLARITY Act. The CLARITY Act, H.R. 3633, is digital…

In brief Supporters of BIP-110 split off into a minority Bitcoin chain on Saturday at block 961,632, but it mined only two blocks in about eight hours before stalling, falling dozens of blocks behind the main network. The fork inherited Bitcoin’s difficulty setting with barely any hashpower—about 2.53% of recent blocks signaled support, far below the 55% activation threshold, BIP-110 sought to temporarily block non-financial data like Ordinals inscriptions from transactions, a move critics including Michael Saylor call a dangerous precedent. The long-simmering fight over a controversial Bitcoin network proposal finally produced a chain split over the weekend, but the…

Canary Capital’s Canary XRP ETF (XRPC) ended the first half of 2026 with $81.6 million less in net assets even after capital-share transactions added a net $82.4 million, showing how falling asset values can overwhelm growth in an exchange-traded fund.The fund’s unaudited Form 10-Q, filed Aug. 7, showed net assets declining from $322.8 million at Dec. 31, 2025, to $241.2 million at June 30, 2026.The accounting bridge is direct: capital-share transactions increased net assets by $82.36 million, but the accounting decrease from operations, primarily unrealized XRP depreciation, reduced them by $164.00 million. The difference was the $81.65 million decline in…

The crypto industry is angry and disappointed that the Senate is not holding a procedural vote on the Clarity Act this month, but that isn’t the worst possible outcome.

Alvin Lang Aug 09, 2026 09:54 LDO has collapsed to levels that now sit below what was already a bearish analyst year-end forecast, while retail piles short and top traders quietly position long — the next $0.06 move resolves … Market Context: Why LDO Is Where It Is Lido DAO has quietly become one of the more telling setups in the liquid staking sector — not because of any bullish catalyst, but because the relentless compression has pushed it into territory that is now technically below what was already a bearish forecast. CoinCodex,…

Netanyahu rejects Trump Gaza plan as US plays down the friction !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

Commerzbank’s FX analysts, including Charlie Lay and Moses Lim, note that USD/IDR slipped slightly but stayed below the key 18,000 level as softer global Oil prices and stronger Indonesia Q2 GDP supported the Rupiah. They highlight that clearer Bank Indonesia leadership and confidence in BI’s independence should aid IDR over the coming weeks, though several structural and geopolitical risks may limit further appreciation.Rupiah supported but upside constrained”Q2 GDP rose more than expected by 5.3% yoy (Bloomberg consensus: 5.1%) vs 5.6% in Q1. Growth was supported by resilient domestic demand, particularly stronger investment activity, while household consumption and government spending remained…

US Treasury yields drop across the curve on Friday amid growing speculation that the Iran-Oman deal is about to be sealed, which has so far pushed energy prices lower, while investors also digest a weak Nonfarm Payrolls report in the US.Yields slide across the curve as Oil declines, payrolls disappoint and traders price out September Fed tighteningRecently, a US official said that there has been progress between Oman and Iran on Hormuz, and that once a deal is announced to restore shipping without impediments, the US Navy will lift the blockade of Iranian ports.West Texas Intermediate (WTI), the US crude…