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The European Securities and Markets Authority (ESMA) has opened a coordinated review of how crypto-asset service providers (CASP) safeguard client holdings, placing custody operations under direct scrutiny as the EU’s Markets in Crypto-Assets (MiCA) regulation shifts from transition into active supervision. ESMA announced on 8 July that it is launching a Common Supervisory Action with national regulators to test the digital operational resilience of authorised crypto-asset service providers, with custody services as the specific focus. The exercise measures how mature firms’ resilience frameworks are across the technical and governance layers that keep client assets secure, and it runs from the…

Why Is Klarna Applying for a U.S. Bank Charter? Klarna has applied to federal and state regulators to establish a U.S. bank subsidiary, a move that would bring the Swedish fintech deeper into the American banking system if approved. The proposed Klarna Bank USA would be an FDIC-insured institution chartered in Utah. The company said the bank would be led by Gary Harding, former CEO of Milestone Bank and Prime Alliance Bank. For Klarna, the filing marks a further step in its expansion from buy now, pay later into a broader consumer finance platform. A U.S. banking license would allow…

Palo Alto Networks stock continues its strong uptrend this week and is now hovering at its all-time high. PANW jumped by 156% from its lowest point this year, with analysts expecting more gains. BNP Paribas predicts that PANW will jump from the current $357 to $380, while Wells Fargo sees it soaring to $420. Other analysts who are bullish on the company are from BTIG and Arete Research. Palo Alto Networks stock faces technical stocksThe general view among analysts is that Palo Alto Networks will continue doing well in the coming years because of the AI boom. The theory is that, as…

Shares of SanDisk Inc. (SNDK) fell sharply in trading on Tuesday as a broad selloff in memory-chip stocks spread from South Korea to US markets despite strong preliminary earnings from Samsung Electronics.SanDisk shares declined 8% after falling 23% over the previous three trading sessions. The stock has been one of the strongest performers in the US technology sector this year, gaining about 635% year to date and more than 3,750% over the past 12 months.The decline came as investors took profits across the memory-chip sector following steep gains in semiconductor stocks driven by artificial intelligence demand.Samsung results fail to lift…

Galaxy Digital has completed the first phase of its Helios campus in West Texas and begun earning lease revenue, delivering 133 MW of critical IT load to CoreWeave under a 15-year agreement. The company met its Phase I schedule and drew that load from roughly 200 MW of gross power, with lease payments beginning in the second quarter of 2026. The delivery moves Helios out of construction and into commercial operation, and Galaxy presents it as evidence that the company can build AI infrastructure at hyperscale and bring it into service. Mike Novogratz, the founder and CEO of Galaxy described…

Options Technology has released AtlasInsight V5, the latest version of its network visibility and analytics platform, introducing 200Gb/s packet capture, enhanced diagnostics and a redesigned interface as financial firms face growing demands from AI, algorithmic trading and increasingly data-intensive market infrastructure. The upgrade centres on Capture 200, a new high-performance packet capture system capable of recording network traffic at line rates of up to 200 gigabits per second. Combined with workflow automation, faster analytics and improved troubleshooting tools, the release is aimed at banks, exchanges, hedge funds and trading firms that depend on low-latency infrastructure. The announcement follows a series…

Sandisk stock price has suffered a harsh reversal recently as the recent bull run hits a wall. SNDK dropped by 14% on Friday, reaching its lowest level since June 11. It has now slumped by 25% this year, even as top Wall Street analysts have maintained their bullish outlook.Top analysts are bullish on Sandisk stockSandisk stock has done well in the past 18 months, making it the best gainer in the S&P 500 Index. It jumped by 4,000% in the last 12 months, with its market capitalization crossing the $300 billion mark.Despite these gains, analysts are highly bullish on the…

Oracle Corp. (ORCL) shares gained 1.3% on Monday as investors returned to the stock following a sharp, debt-driven sell-off, amid improving broader market sentiment.The recovery also came as broader market sentiment improved, with the Nasdaq Composite gaining 0.95% and the S&P 500 advancing 0.44%.The move marked a shift in investor sentiment after weeks of selling pressure driven by concerns over Oracle’s aggressive investments in artificial intelligence (AI) infrastructure.While questions remain over the company’s capital spending plans and debt levels, some investors now appear to believe the earlier decline had become excessive.Backlog supports long-term growth outlookOracle has faced significant selling pressure…

USDJPY currency pair can be expected to rise to the next resistance level 163.00 (which stopped earlier impulse wave at the end of June). USDJPY reversed from support zone Likely to rise to resistance level 163.00 USDJPY currency pair recently reversed up from the support area located between the key support level 160.50 (former strong resistance which stopped the previous minor impulse wave i at the end of April, as can be seen from the daily USDJPY chart below) and the 38.2% Fibonacci correction of the upward impulse from the start of May. The upward reversal from this support zone…

Ripple has received full authorisation of its Crypto Asset Service Provider (CASP) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSFF), completing its Markets in Crypto-Assets (MiCA) requirements and clearing the company to offer regulated crypto asset services across all 30 countries of the European Economic Area. The authorisation, announced on 6 July 2026, follows the preliminary approval Ripple received in June and confirms the company as fully MiCA-compliant. Its end-to-end regulated crypto payments product now reaches financial institutions, corporates and businesses throughout the bloc. Ripple Clears The Final MiCA Step The CSSF moved the company from conditional clearance…