UK Parliament Probes Banks Blocking Crypto Firms.

UK Parliament investigates banking restrictions affecting crypto businesses nationwide.Lawmakers seek industry evidence on account closures and payment restrictions.Inquiry may shape future UK banking policies for regulated crypto companies.  The UK Parliament has launched a cross-party inquiry into claims that banks are limiting access to financial services for cryptocurrency businesses. Lawmakers will examine reports of account closures, banking restrictions, and payment limits affecting digital asset firms.  The review comes as the United Kingdom advances its broader crypto regulatory framework and seeks to strengthen its position as a global digital asset hub.  Parliament Seeks Evidence on Banking Restrictions  The UK Crypto and Digital Assets All-Party Parliamentary Group (APPG) has opened an inquiry into banking access for cryptocurrency businesses across the country. The cross-party initiative will investigate whether banks are creating unnecessary barriers for legitimate digital asset companies.  The review will examine reports that crypto firms struggle opening business accounts and maintaining existing banking relationships across the United Kingdom today. Lawmakers will also assess restrictions placed on crypto-related payments by banks serving retail customers and businesses across domestic markets.  THE BLOCK: The UK Parliaments cross-party group for digital assets has launched an inquiry into banking access for the local crypto sector.  The probe will examine difficulties opening/retaining bank accounts and

07-21انڈسٹری

Bitcoin Hits two-week high as Remittix surpasses $31m after huge ecosystem expansion

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.  Bitcoins recent rally and ETF inflows are boosting market sentiment as traders look beyond BTC to emerging projects such as Remittix.  SummaryBitcoins rally shifts attention to Remittix as its presale surpasses $31 million and ecosystem expansion continues.Remittix tops $31 million in presale funding as Bitcoins rebound fuels interest in emerging crypto projects.Remittix nears a $32 million presale milestone as Bitcoin strength revives demand for altcoin opportunities.  Bitcoin has returned to the centre of market attention after climbing to around $65,500, its highest level in roughly two weeks. The move came as risk appetite improved, chip stocks rebounded and U.S. spot Bitcoin ETFs recorded five straight sessions of inflows worth more than $600 million.  The return of Bitcoin momentum is now pushing traders to look across the wider crypto market for altcoins with stronger growth potential. One of the projects gaining attention is Remittix, which has now passed $31 million in its presale after announcing a major ecosystem expansion through Remittix Markets.  Bitcoin momentum puts altcoins back on watch  Bitcoin remains the biggest signal for the wider crypto market. Recent coverage showed Bitcoin reaching the $65,500

07-21انڈسٹری

XRP Performs 3rd Biggest Price Breakout in 2026 Yet

After emerging from a multi-week consolidation pattern, XRP just made one of its best technical moves of the year, posting one of the biggest bullish breakouts of 2026. The asset eventually broke through declining resistance, giving bulls their first significant win in months, after spending the majority of July trapped inside a narrowing triangle formation.  XRP breaks free  As of this writing, XRP is trading at about $1.13 following a nearly two percent increase in just one session. The technical structure behind the percentage gain is what gives it significance, even though the gain itself might not seem particularly noteworthy. A protracted run of lower highs that had dominated XRPs price action since the start of June has been ended by the breakout. XRP was compressed for weeks between a declining resistance trendline and a rising support line.  XRP/USDT Chart by TradingView  Large volatility expansions are usually preceded by such formations, and the market has finally decided on a course. Buyers were successful in pushing the price above both the trendline and the nearby 50-day moving average, creating new market momentum. Additionally, volume has increased throughout the breakout attempt, giving the move more legitimacy.  This advance is bolstered by increased trading and investor participation, in

07-21انڈسٹری

The Odysseys Record Rotten Tomatoes Audience Review Score Has Solidified

The Odyssey has surpassed all box office expectations, already earning $263 million worldwide after its first weekend on a reported $250 million budget. That haul is a record for Christopher Nolans films, but the film has achieved additional milestones as well.  The Odysseys Rotten Tomatoes audience review score has solidified, alongside the critic score. Over 400 critics have given The Odyssey a 95% on Rotten Tomatoes, while audience scores are even higher, now at a 97%. Often when more reviews come in over time, that number can drop. Here, the film has maintained this record level. Record for what?  Among the wide releases of 2026, The Odysseys 97% score puts it above The Sheep Detectives (96%), Project Hail Mary (95%) and Obsession (94%).  As said, The Odysseys scores are also a record for Christopher Nolan himself, who has never directed a critic- or audience-deemed “rotten” feature. The 97% of The Odyssey is above The Dark Knight (94%), Memento (94%), and Oppenheimer (91%). Oppenheimer, of course, won Best Picture in 2024 and nabbed Nolan Best Director. Needless to say, there is plenty of awards buzz about The Odyssey.  The Odyssey  Rotten Tomatoes  Much fuss has been made online about these audience scores by a segment of the

07-21انڈسٹری

London Stock Exchange plans overnight venue to extend trading hours: FT

Quick TakeThe London Stock Exchange plans a separate overnight trading venue as it aims to extend trading for more than 2,600 listed exchange-traded products, FT reported.The move comes as traditional exchanges expand trading hours amid competition from crypto platforms offering 24-hour trading.  The London Stock Exchange is planning a separate overnight trading venue as it extends trading hours beyond its main market, marking the latest effort by a traditional exchange to broaden access as investors increasingly embrace around-the-clock trading.  The overnight venue is scheduled to launch in the first half of 2027 and will operate independently of the LSEs main market, which will retain its regular trading hours of 8 a.m. to 4:30 p.m., the Financial Times reported Tuesday. The new platform is expected to run from 5 p.m. to 7:50 a.m., with a 30-minute pause between 6:30 p.m. and 7 p.m. for end-of-day processing.  At launch, the venue will initially provide access to exchange-traded products, including funds tracking UK and U.S. stock markets, per the report.  LSE Chief Executive Julia Hoggett told the FT that the initiative is largely aimed at meeting retail demand, particularly from international investors, and that institutional interest in interacting with retail order flow is increasing.  The exchange ultimately aims

07-21انڈسٹری

Bitcoin (BTC) Price Prediction: Can Bitcoin Break $67K as Wyckoff Re-Accumulation Hints at an $85K Rally?

The rebound has improved the short-term technical picture, but the Bitcoin pricestill faces several important hurdles before the broader trend can be considered firmly repaired.  BTC has recovered from below $63,000 and was recently trading around $65,900–$66,300. The move has coincided with improving risk appetite, renewed demand for spot Bitcoin ETFs and expectations that the Federal Reserve will leave interest rates unchanged at its July 28–29 meeting. The Fed last held its target range at 3.50%–3.75% in June, while noting that inflation remained above its 2% goal and that uncertainty linked to the Middle East conflict remained elevated.  The recovery has also pushed BTC above its 50-day moving average, which was cited near $63,000. However, the move is approaching a dense resistance area between $66,500 and $68,303. A decisive break of that zone could strengthen the case for further gains, while failure to clear it would leave Bitcoin vulnerable to another test of lower support.  Bitcoin Price Today: BTC Tests $67K Resistance  The latest Bitcoin price action shows a market attempting to build on a series of higher lows after the recent decline. BTC has moved above $66,000, reaching its highest level since mid-June, according to TradingView data.  Bitcoin could extend its recovery while holding

07-21انڈسٹری

Microsoft (MSFT) Stock Dips as Company Announces Major Mistral AI Partnership in Europe

Key TakeawaysMicrosoft has forged a multibillion-dollar agreement to deepen its collaboration with French artificial intelligence firm Mistral AIThe tech giant will leverage Mistrals GPU infrastructure across Europe, featuring thousands of NVIDIA Vera Rubin processing unitsMistrals Medium 3.5 and OCR 4 AI models have been deployed on Microsoft Foundry and Copilot Studio platformsThe partnership specifically targets highly regulated European sectors such as finance, healthcare, and manufacturingMSFT shares are currently trading near $402, approximately 28.8% under GuruFocuss calculated intrinsic value of $565.15  In a significant move to strengthen its European presence, Microsoft (MSFT) has entered into a multibillion-dollar agreement with French AI innovator Mistral AI, focusing on expanding artificial intelligence infrastructure throughout the continent. At the time of the announcement, MSFT shares were hovering around $402, experiencing a modest decline of approximately 0.67%.  Microsoft Corporation, MSFT  The agreement enables Microsoft to access Mistral‘s extensive European GPU computing resources, comprising thousands of NVIDIA Vera Rubin graphics processing units. This strategic move aims to enhance capabilities for artificial intelligence development while supporting the distribution of Microsoft’s cloud computing and AI offerings.  Additionally, the collaboration incorporates Mistral‘s AI models into Microsoft’s technological framework. Both Mistral Medium 3.5 and OCR 4 have been made accessible through Microsoft Foundry, with Mistral

07-21انڈسٹری

Wall Street analyst sets SNDK stock price target for 12 months

Although Sandisk Corp. (NASDAQ: SNDK) stock price has plunged over 30% during the past 30 days, Mark Newman, a Wall Street analyst from Bernstein, has reiterated a bullish outlook over the next 12 months.  Newman reaffirmed a Buy rating for the SNDK stock, according to a note sent to clients on July 21. The analyst further maintained a 12-month price target for SNDK stock at $3,000, thereby projecting a 115.68% upside.  Late last month, Newman raised the firm‘s 12-month price target for Sandisk Corp. stock from $1,700 to $3,000. The Outperform rating for Sandisk stock was based on long-term agreements (LTAs), which provide structural pricing protection and reduce the company’s earnings volatility.  Bernstein estimates that the memory makers fiscal 2030 earnings per share (EPS) would still reach $214 with 60% of volumes covered by LTAs. As such, the firm increased its base-case estimates to $243 and $272 for fiscal year 2027 and 2028, respectively.  SNDK stock forecast and performance  Following Newmans affirmed SNDK stock forecast for 12 months, 17 Wall Street analysts surveyed by TipRanks have set an average price target of $2,041.88, suggesting a potential 36.76% upside.  SNDK stock forecast. Source: TipRanks  These Wall Street analysts have issued a Strong Buy rating for SanDisk Corp. stock

07-21انڈسٹری

OKX hires the architect of the BitLicense it never won

Yesterday, crypto exchange OKX appointed to its board Andrew Cuomo — the New York governor whose administration created the BitLicense that OKX never received.  Maybe thats what it takes to finally get that state license.  Cuomo and his administration created the BitLicense back in 2014, and OKX, the worlds fourth largest crypto exchange, has been chasing one ever since.  However, despite having well over a decade to apply, OKX still doesnt appear on the New York Department of Financial Services (NYDFS) register. Somewhat embarrassingly,competitors, including Coinbase, Gemini, Mastercard, MoonPay, and other crypto companies, do.  With yesterdays news, however, the path for OKX to win its approval might finally have opened up.  Tough to get, even for the worlds fourth largest crypto exchange  The license is famously difficult to obtain.  Kraken, facing the same daunting application in 2015, called the BitLicense “a creature so foul, so cruel that not even Kraken possesses the courage or strength to face its nasty, big, pointy teeth” and left the state.  Fortune, for context, reported that the BitLicenses first three years of availability produced just four licensees.  OKX founder Star Xu boasted that Cuomo‘s new board seat will help him build “the world’s most trustworthy large digital asset exchange.” This is something that could

07-21انڈسٹری

Stablecoin bank Augustus raises $180 million to build a clearing bank for the AI era

Augustus, a startup building a federally chartered clearing bank for fintechs and financial institutions, said it raised $180 million to expand its dollar payment infrastructure as stablecoins reshape global finance.  The fundraising valued the company at $1 billion, with Tiger Global leading the round and investors such as Hummingbird, QED and the founders of Nubank, Ramp, Circle and Deel participating, the company said in a Tuesday press release.  The investment comes as banks, fintechs and crypto firms are racing to modernize the infrastructure behind cross-border payments. While much of the attention has centered on stablecoin issuers, Augustus is targeting a less visible but crucial part of the financial system: correspondent banking.  “We think distribution breaks at the clearing bank layer,” CEO Ferdinand Dabitz told CoinDesk in an interview. Legacy clearing systems are “slow, unavailable, take two days to settle and close on the weekends,” he argued.  Taking on correspondent banking  The firm is building what Dabitz described as an “AI-native” clearing bank designed around stablecoins, programmable money and always-on settlement.  Augustus doesnt plan to issue its own stablecoin, Dabitz said. Instead, it wants to provide the banking infrastructure that lets financial institutions move money across traditional payment systems and blockchain networks.

07-21انڈسٹری
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