Crypto Industry News & Market Trends

New Zealand Dollar gathers strength above 0.5850 as CPI inflation data bolster RBNZ rate hike bets

The NZD/USD pair gains traction to around 0.5860 during the early European trading hours on Tuesday. Hotter New Zealand inflation data provide some support to the New Zealand Dollar (NZD) against the US Dollar (USD). The US ADP Employment report will be published later on Tuesday.　　New Zealands Consumer Price Index (CPI) rose 1.5% QoQ in the three months ended June, with the annual inflation rate rising to 4.1% from 3.1% in the previous reading, Statistics New Zealand revealed on Tuesday. It was the highest annual rate since December 2023, and the quarterly increase was the highest since September 2023.　　The Kiwi strengthens against the USD following the data as money markets solidified expectations the Reserve Bank of New Zealand (RBNZ) will raise rates again. Traders expect a follow-up hike in either October or December and another one in February, according to Bloomberg.　　On the US front, signs of cooling US inflation data might lower the possibility of a US rate hike later this year, weighing on the Greenback. Markets continue to anticipate no change to rates at the Feds next meeting on July 29, with Fed funds futures pricing an implied 84.5% possibility of a hold, compared to a 61.5% chance a

07-21Industry

BNB Price Prediction: $585 or Flush — The SMA 50 Showdown That Decides July

Felix Pinkston　　Jul 21, 2026 07:13　　BNB is coiling at $575 with its MACD flatlined and three-quarters of the market already long — if it cant muscle through the $580–$582 resistance cluster within 48 hours, that crowded trade become…　　The Immediate Setup　　BNB is doing something quietly interesting at $575.71 this morning. It has reclaimed both its 7- and 20-day moving averages, the intraday low held cleanly above $563, and the stochastic oscillator is curling upward with %K crossing above %D. On the surface, this looks like a market trying to grind higher.　　Dont get comfortable. The MACD histogram has zeroed out completely — not turning positive, not reversing lower, just dead flat. That is not a launch pad. That is a market catching its breath after a distributional drift, and the 50-day SMA sitting at $582.18 is looming directly overhead like a ceiling. BNB has not been able to sustain a close above that level, and with the 200-day SMA all the way up at $661.32, the macro trend is unambiguously broken. This is a recovery attempt inside a larger downtrend, and every trader in the room needs to price that risk into their position sizing.　　The setup for the next 24–48 hours is binary:

07-21Industry

Brent: Geopolitics weigh on prices – ING

ING strategists Warren Patterson and Ewa Manthey note Brent retreated below $90/bbl as hopes for US–Iran de-escalation offset rising supply risks. They highlight reports of a proposed 10‑day ceasefire and ongoing large divisions between the US and Iran. At the same time, a Houthi-declared naval blockade threatens Saudi exports via the Red Sea, though current price action suggests markets doubt its effectiveness.　　Brent pressured by mixed risk signals　　“Oil prices closed higher yesterday but retreated from session peaks, leaving Brent back below $90/bbl by the close. Prices are trending lower in early morning trading today. Theres some hope of de-escalation between the US and Iran.”　　“Reports are that mediators are proposing a 10-day ceasefire, which could put the Memorandum of Understanding (MoU) back on track. This wont be an easy task. Large divisions remain between the US and Iran.”　　“Additionally, the Houthis in Yemen announced a naval blockade on Saudi Arabia, putting oil supply at increased risk. Since disruptions hit the Persian Gulf, the Saudis have increased exports from Yanbu in the Red Sea, shipping around 4.6m b/d of crude in June, up from around 1.3m b/d at the start of the year. An effective blockade would prevent oil flows to Asia moving south

07-21Industry

Grayscale plans regular cash payouts from ETH, SOL staking rewards

Asset manager Grayscale plans to establish regular cash distributions from rewards generated by its Ether (ETH) and Solana (SOL) staking exchange-traded products (ETPs), giving holders recurring access to yield generated by underlying assets.　　In Form 8-K filings submitted to the US Securities and Exchange Commission (SEC), Grayscale said it intends to amend the trust agreements governing the Grayscale Solana Staking ETF (GSOL) and the Grayscale Ethereum Staking ETF (ETHE) around Aug. 7. The amendments would require each trust to convert staking rewards into cash no less often than quarterly and distribute net proceeds to shareholders.　　The framework could make staking returns more accessible to traditional investors by delivering cash rewards through broker-held products, eliminating the need for shareholders to hold crypto, pick validators and manage staking operations. However, Grayscale said distribution amounts cannot be predicted as they will depend on the staking rewards during each period and expenses deducted by the trusts.　　Grayscale made its first ETHE staking distribution on Jan. 5, paying shareholders about $0.08 per share from the sale of rewards. The asset manager enabled staking for its ETH and SOL products on Oct. 6, 2025, becoming the first US crypto fund issuer to add staking to spot crypto ETPs.　　ETHE ended

07-21Industry

Indian Rupee gains on Middle East peace hopes

The Indian Rupee (INR) opens higher against the US Dollar on Tuesday. The USD/INR pair corrects to near 96.34 from its two-month high of 96.76 posted on Monday, as fresh hopes of de-escalation in military aggression between the United States (US) and Iran have offered support to the Indian currency.　　The emergence of hopes for Middle East peace has resulted in a pause in the oil price rally, a scenario that offers support to currencies from economies, such as India, which rely heavily on oil imports to meet their energy needs.　　In the opening trade, the MCX Crude Oil contract expiring on August 19 is marginally down to near Rs. 7,945. On Monday, the crude oil price corrected sharply after posting a fresh five-week high at Rs. 8,158.　　Iran was offered 10-day ceasefire proposal with US　　On Monday, a senior Iranian official confirmed receiving a proposal of a 10-day cessation of strikes from mediators to find ways to revive the interim deal with the US. This led to financial markets regaining confidence that negotiations between nations are still active.　　Earlier in the day, an Axios report also showed that US President Donald Trump will either accept the 10-day ceasefire with Iran and resume negotiations toward

07-21Industry

Strategy Skips Bitcoin Buy After $263M Share Sale

Strategy sold $263.5M in MSTR shares but made no Bitcoin purchase, keeping its holdings at 843,775 BTC and boosting cash reserves.　　Strategy ended another week without adding to its Bitcoin holdings despite raising fresh capital through its at-the-market share program.　　The company disclosed that it sold millions of MSTR shares while keeping its Bitcoin position unchanged.　　Its latest filing also showed a larger U.S. dollar reserve and no activity under its share repurchase plans. The update arrived through a filing with the U.S. Securities and Exchange Commission.　　Strategy Raises $263.5M Through MSTR Share Sale　　Strategy reported that it sold 2,732,318 Class A MSTR shares between July 13 and July 19.　　The sales generated net proceeds of about $263.5 million through its at-the-market offering program.　　The SEC filing showed that none of the companys preferred stock programs recorded sales during the same period.　　Those programs still retain billions of dollars in remaining issuance capacity.　　The filing also stated that more than $23.5 billion in MSTR share issuance capacity remains available. That includes the current offering and the expanded authorization announced earlier this year.　　Wu Blockchain shared the filing details on X, pointing out that Strategy completed the share sale without using the proceeds to acquire more Bitcoin during the reporting week.　　Strategy

07-21Industry

Ripple Veteran on Selling XRP: ‘I Wish I Hadn’t

Unlikely price predictionsRipple veteran no longer holds much XRP　　Ripple CTO Emeritus David Schwartz has admitted that he regrets selling some of his early cryptocurrency holdings, including XRP at $0.10 and Ethereum at around $1.　　He says his decision was driven mainly by his aversion to risk, which he “really, really” hates.　　“Obviously, I wish I hadnt done those things,” Schwartz replied.　　Ripple Veteran on Selling XRP: ‘I Wish I Hadn’t　　Analyzing Shiba Inu‘s (SHIB) Unexpected Price Uptick, Ethereum’s (ETH) Biggest Test For $2,000 Yet, Bitcoin (BTC) Has Room For $68,000 Run　　The Ripple veteran explained that the sales were part of an agreement he had made with his wife to gradually reduce exposure whenever his holdings reached new all-time highs.　　“But I agreed with my wife to sell at every new ATH and I really, really hate risk,” Schwartz said. “I wish I was more comfortable with risk, but Im just not that person.”　　Unlikely price predictions　　Schwartz previously revealed that he sold his Ethereum because he viewed extreme price predictions as unlikely　　Addressing criticism over the early sale, Schwartz said that his decision was based on probability rather than a lack of belief in cryptos long-term potential.　　“If I had thought there was a 1% chance of it hitting

07-21Industry

Gold price in Philippines: Rates on July 21

Gold prices rose in Philippines on Tuesday, according to data compiled by FXStreet.　　The price for Gold stood at 8,037.94 Philippine Pesos (PHP) per gram, up compared with the PHP 7,955.80 it cost on Monday.　　The price for Gold increased to PHP 93,753.77 per tola from PHP 92,794.92 per tola a day earlier.Unit measureGold Price in PHP1 Gram8,037.9410 Grams80,382.97Tola93,753.77Troy Ounce250,009.00　　FXStreet calculates Gold prices in Philippines by adapting international prices (USD/PHP) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly.　　Gold FAQs　　Gold has played a key role in human‘s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.　　Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify

07-21Industry

Gold price in United Arab Emirates: Rates on July 21

Gold prices rose in United Arab Emirates on Tuesday, according to data compiled by FXStreet.　　The price for Gold stood at 477.72 United Arab Emirates Dirhams (AED) per gram, up compared with the AED 473.25 it cost on Monday.　　The price for Gold increased to AED 5,572.05 per tola from AED 5,519.84 per tola a day earlier.Unit measureGold Price in AED1 Gram477.7210 Grams4,777.21Tola5,572.05Troy Ounce14,858.75　　FXStreet calculates Gold prices in United Arab Emirates by adapting international prices (USD/AED) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly.　　Gold FAQs　　Gold has played a key role in human‘s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.　　Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent

07-21Industry

Grayscale could take Worldcoin to Wall Street after ETF filing with the SEC

Quick TakeGrayscale filed with the Securities and Exchange Commission a registration statement for the Grayscale Worldcoin ETF.If launched, the ETF would trade on The Nasdaq Stock Market LLC under its generic listing standards.　　The first exchange-traded fund tied to Worldcoin (WLD) could soon be headed to U.S. markets.　　On Monday, Grayscale filed with the Securities and Exchange Commission a registration statement for the Grayscale Worldcoin ETF. The fund would hold WLD, the native crypto of the World Network, the firm said in the filing.　　“As a passive investment vehicle, the Trust‘s investment objective is for the value of the Shares (based on WLD per Share) to reflect the value of WLD held by the Trust, determined by reference to the Index Price, less the Trust’s expenses and other liabilities,” Grayscale said in the filing.　　If launched, the ETF would trade on The Nasdaq Stock Market LLC under its generic listing standards. The Bank of New York Mellon would serve as transfer agent, while BitGo Bank s price data.　　Worldcoin, later rebranded as World, is a company cofounded by OpenAI CEO Sam Altman that focuses on biometric identification, crypto, and blockchain. The company uses a decentralized digital passport to verify people as well as a spherical

07-21Industry

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