Crypto Industry News & Market Trends

Singapore Dollar: Sideways range holds against US Dollar – UOB

United Overseas Banks Quek Ser Leang and Lee Sue Ann expect USD/SGD to remain directionless in the near term, with intraday trading confined to a tight 1.2900–1.2925 band. Over the coming weeks, the pair is seen oscillating in a broader 1.2875–1.2955 range as earlier downside momentum has faded. A deeper correction would require a break of the 1.2865 55‑day EMA support.　　Dollar-Singapore Dollar trapped in tight band　　“24-HOUR VIEW: While we indicated yesterday that ”there has been a tentative increase in upward momentum,“ we pointed out that ”it is insufficient to indicate a continued rise.“ We held the view that USD ”is more likely to trade within a higher range of 1.2900/1.2930.“ However, USD traded sideways between 1.2898 and 1.2923, closing little changed at 1.2911 (-0.09%). Momentum indicators are mostly flat, and USD could continue to trade sideways today, most likely between 1.2900 and 1.2925.”　　“1-3 WEEKS VIEW: Last Thursday (16 Jul, spot at 1.2885), we indicated that ”downward momentum is starting to build, and should USD close below 1.2860, it could trigger a deeper decline.“ Two days ago (21 Jul, spot at 1.2910), we highlighted the following: ”USD traded in a quiet manner over the past few days, and downward momentum is

07-23Industry

Peapack-Gladstone Financial Corporation (PGC) Stock: In Focus After Naming Leonard Carraturo Senior Managing Director

TLDRPGC names Leonard Carraturo to strengthen commercial banking leadership team.Peapack Private expands commercial banking with veteran Leonard Carraturo.PGC boosts middle-market banking strategy through key executive appointment.Leonard Carraturo joins Peapack Private to expand commercial lending services.Peapack-Gladstone strengthens commercial banking with experienced industry leader.　　Peapack-Gladstone Financial Corporation stock traded at $45.35, down 1.11%, after the company announced a senior leadership appointment. The bank named Leonard Carraturo as Senior Managing Director and Commercial Private Banker. The appointment supports the companys commercial banking expansion and long-term relationship banking strategy.　　Peapack-Gladstone Financial Corporation (PGC)Peapack Private Adds Commercial Banking Veteran　　Leonard Carraturo joined Peapack Private Bank & Trust with more than two decades of commercial banking experience. He will provide lending and banking solutions for middle-market businesses across multiple industries. He will also support acquisitions, capital investments, treasury management, and long-term financing needs.　　The appointment strengthens the banks commercial banking division and expands its advisory capabilities. Carraturo brings experience across commercial and industrial lending, sponsor finance, healthcare finance, and asset-based lending. His background also includes treasury management and long-term client relationship development.　　Senior Managing Director Dawn Kasulke said Carraturo‘s experience and market presence strengthen the bank’s commercial banking platform. She added that his knowledge supports the delivery of financial solutions for

07-23Industry

Strategy, Coinbase, BlackRock launch Bitcoin Security Consortium with $15M pledge

Strategy, Coinbase, BlackRock and other leading financial institutions and Bitcoin (BTC) companies launched the Bitcoin Security Consortium on Thursday to support the long-term security and resilience of the Bitcoin network.　　Bitcoin Security Consortium launches with $15M commitment from industry leaders　　The consortium‘s founding members have independently pledged a combined $15 million over the next three years to fund developers and researchers working on Bitcoin’s security, including efforts to prepare the network for potential threats from quantum computing.　　The founding members include Anchorage Digital, ARK Invest, BlackRock, Block, Blockstream, Coinbase, Fidelity Digital Assets, Galaxy and Strategy. The group represents a broad cross-section of the institutional Bitcoin ecosystem, including asset managers, custodians, exchanges, infrastructure providers, payments companies and major Bitcoin holders.　　The consortiums day-to-day activities will be coordinated by Mike Schmidt, Executive Director of Brink, a nonprofit organization that funds and supports Bitcoin open-source developers.　　The initiative aims to support developers and researchers already working on Bitcoins security. It will also provide investors, the media and the general public with a reliable source of information about the state of those efforts.　　“As long-term holders, we have every incentive to see Bitcoin remain secure for generations. Funding the people who do this work, and helping inform the conversation around

07-23Industry

Discover Cardholders Gain Crypto Access as Moonpay Expands Its Payment Network

Key TakeawaysMoonpay added Discover Network as its third major U.S. card brand alongside Visa and Mastercard.Discover Network cardholders can now buy crypto across Moonpays 500 enterprise partners.Moonpay serves 30 million customers in 180 countries and holds a New York Bitlicense.　　A Third Major Card Network　　The latest addition puts Discover Network alongside Visa and Mastercard in Moonpays lineup of supported U.S. card brands. Moonpay already processes payments through Apple Pay, Google Pay, Paypal, Venmo, bank transfers, and regional payment rails.　　Discover Network cardholders can now buy and sell crypto across Moonpays network of more than 500 enterprise partners. That list includes wallets, exchanges, and applications that rely on Moonpay to handle the fiat side of crypto transactions.　　Moonpay was the first crypto on-ramp to support Paypal and Venmo. The company frames the Discover Network addition as a continuation of that approach.　　Executives Weigh In　　“Every payment method we add removes a reason someone doesn‘t convert at checkout,” Richard Harrison, Vice President of Banking and Payments Partnerships at Moonpay, said in a release shared with Bitcoin.com News. “We’ve built Moonpay around a simple principle: every way people already pay should work for crypto.”　　Harrison added that Moonpay was first with PayPal and first with Venmo, and called Discover

07-23Industry

SDCC: Hasbro Unveils ‘KPop Demon Hunters’ Rumi Premium Electronic Sword

“KPop Demon Hunters” Rumi Sain-Geom Premium Electronic Sword.　　Hasbro　　KPop Demon Hunters is getting a new role-playing item with Rumis Sain-Geom — aka the “Four Tiger Sword” — with premium electronic and interactive features, Hasbro announced at San Diego Comic-Con on Thursday.　　Hasbro, which Netflix awarded the global master license to produce role-play items and other toy products inspired by the Oscar-winning blockbuster movie musical, recently began releasing items in its KPop Demon Hunters product line, including FURBY Furblets and role-playing items.　　ForbesHasbro Deepens ‘KPop Demon Hunters’ Collaboration With Role-Playing ToysBy Tim Lammers　　Naturally, the toymaker is participating in the events at the SDCC 2026, which kicked off Thursday and runs through Sunday at the San Diego Convention Center. Among Hasbros new toy announcements Thursday was the unveiling of the KPop Demon Hunters Rumi Sain-Geom Premium Electronic Sword, which will retail for $224.99.　　The electronic sword is already listed for pre-order on Amazon, Hasbro Pulse and the Netflix shop. The item is scheduled for a July 1, 2027, release online and at most major retailers.　　Play Puzzles & Games on Forbes　　ForbesHasbro‘s First ’KPop Demon Hunters Toys Are ReleasedBy Tim Lammers　　“KPop Demon Hunters” Rumi Sain-Geom Premium Electronic Sword.　　Hasbro　　What Features Does Rumi Sain-Geom Premium Electronic Sword Have？　　According to Hasbro,

07-23Industry

Bitcoin Security Consortium Launches With $15M Quantum Fund

Major financial institutions and Bitcoin companies have launched the Bitcoin Security Consortium to address emerging threats facing the network. The group includes Strategy, Coinbase, BlackRock, ARK Invest, Anchorage Digital, Block, Blockstream, Fidelity Digital Assets, and Galaxy. Members have committed a combined $15 million over the next three years to support Bitcoins long-term security.　　Focus on Quantum Computing　　The consortium will prioritize research and development efforts that could protect Bitcoin against future quantum computing threats. Additionally, it will support developers and researchers already working to improve the networks resilience.　　Quantum computers could eventually threaten cryptographic systems that protect digital assets. Consequently, the group aims to encourage early preparation rather than wait for technology to reach a critical stage.　　Supporting Bitcoins Open Development　　Moreover, the consortium plans to provide investors, media outlets, and the public with reliable information about Bitcoin security efforts. However, it will not control Bitcoin development or advocate specific protocol changes.　　Brink Executive Director Mike Schmidt will coordinate the consortium‘s daily operations voluntarily. Besides funding research, members will independently choose developers and organizations that receive their contributions. Hence, Bitcoin’s decentralized development model will remain unchanged.　　Related: Gate US, BitGo Explore Partnership to Secure US Crypto Infrastructure

07-23Industry

Clarity Act expected to miss its window before Congress summer break, leadership says

White House crypto adviser Patrick Witt responded to Thune‘s remarks in an interview with CoinDesk on Thursday, arguing that the first week in August should still be open for potential Senate action. Witt said he was “perplexed” by Thune’s sentiment and that hes “slightly more optimistic,” though he agreed that the bill is unlikely to get a final vote in July.　　“There‘s that first week of August that the Senate is in session,” Witt said in the interview with CoinDesk TV. “So I wouldn’t count it out.”　　The midterm congressional elections are in November, and lawmakers are expected to use their summer break to campaign. The House of Representatives and Senate return for about three weeks in September, and if the Senate manages to pass Clarity, the House will still have to follow suit.　　Clarity — even more than last years Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act — is the crypto industry first priority in crypto policy, with the hope it finally secures a permanent legal foundation for U.S. crypto activity.　　The Senates floor process is a multi-stage affair that can take a few days or even longer to advance legislation past the 60-vote threshold needed in that chamber. At

07-23Industry

Coinbase lets businesses accept USDC payments from AI agents

This week, Coinbase (COIN) will allow its Business customers to receive USDC payments directly from AI agents. The rollout is part of a three-product push.　　Coinbase says the feature fills in the missing pieces of an economy where people are not the ones buying, but software. The update is important for any merchant who wants to attract automated shoppers as customers. And it comes as agent activity is already surpassing human traffic on some of Coinbases own developer pages.　　Coinbase turns Business accounts into agent checkouts　　The business-facing piece runs on x402, the payment standard that Coinbase built and incubated. Settlement is via Coinbase Payments. For merchants using Coinbase Business, theres nothing else to wire up to turn it on. USDC transactions are instant and cannot be reversed. Coinbase is also bundling reusable payment links and automatic buyer data collection for reconciliation.　　Sid Coelho-Prabhu, who leads Coinbase Business, described it as recreating a familiar transaction for a new customer type. Every transaction has two points, he told CoinDesk. The buyer needs a card and a bank account. A seller needs a bank account and a till.　　“We are delivering that experience for the new online agentic economy,” Coelho-Prabhu said. An agent reads Coinbase‘s developer docs,

07-23Industry

Elizabeth Warren Claims Clarity Act Would Help Trump

Democratic Senator Elizabeth Warren has blasted the Clarity Act draft bill, claiming it would allow criminals and cartels to move money.　　Speaking in a video statement on X Thursday, Warren hinted that the potential law would allow President Donald Trump to make money from crypto.　　Lawmakers are currently mulling over the latest draft of the Clarity Act, which aims to set in stone digital asset regulation. The latest draft bans officials and their families from issuing or promoting crypto.　　“This latest draft bill would make it easier for criminals, oh, and cartels and terrorists to move money and finance their operations — and it fails to protect investors and our financial system,” Warren said in the video.　　The new draft of the Senate GOP crypto bill does nothing to stop President Trump from making his next $1.4 billion from crypto.　　It‘ll supercharge Trump’s crypto corruption.　　“It‘s going to a vote on the floor. There’s a glaring omission: it does not stop Donald Trump from cashing in on his presidency.”　　“This isnt regulation — this is a giveaway. This bill should be dead on arrival,” added Warren.　　But X users added clarification to Warren‘s video, highlighting that the Senate GOP’s updated draft includes ethics provisions banning federal officials from

07-23Industry

Binance Outlines Three Key Priorities for Indias Growing Crypto Market

Binance believes regulatory cooperation plays a key role in the Indian crypto market. Through crypto education, the company intends to make all Indians aware of crypto.Community engagement is a priority for the markets long-term growth. 　　India is now reportedly one of the largest crypto markets in the world. Millions of users in the country continue to adopt digital assets despite existing regulatory challenges. Amid the countrys growing demand for digital assets, many crypto exchanges, including Binance, are focusing on India as a key market for long-term expansion.　　Today, during an exclusive interview with Entrepreneur India, Binance‘s Head of APAC, SB Seker, revealed three core areas the exchange focuses on while expanding in the Indian crypto market. According to the company, these priorities, including regulatory cooperation, crypto education, and community engagement, will help boost the country’s crypto ecosystem.　　Binance India Focuses on Regulatory Compliance　　As noted by Seker, regulatory compliance remains Binances top priority in India. Although India still lacks a comprehensive crypto regulatory framework, the country boasts solid licensing rules. To comply with these regulatory requirements in India, Binance maintains its FIU-IND registration. The exchange also follows anti-money laundering (AML) rules of the country.　　In addition to meeting regulatory standards, Binance is also working

07-23Industry

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