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Shiba Inu Price Prediction for August 2026 as SHIB Turns 6 Years Old
- SHIB's 28% rally failed at $0.00000548 as the weekly candle drops 13%.
- Weekly RSI broke a two-year downtrend and printed a second higher high.
- Delayed Shibarium privacy upgrade makes August a live window for catalyst news.
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Stablecoin Banking Competition Expands Beyond Settlement
- Stablecoins are gaining ground across payments, payroll, business transfers and settlement.
- Card issuance, foreign exchange, compliance and account management offer providers greater revenue opportunities and stronger customer relationships.
- Stablecoin neobanks face growing responsibility as they combine payments, yield, credit and trading within one product.
Goldman, Barclays, Jefferies Cut Robinhood Targets Despite Earnings Beat
- Goldman, Jefferies, and Barclays cut Robinhood price targets on Thursday.
- Goldman and Jefferies both raised targets to $137 earlier in July.
- Robinhood beat on Q2 revenue and profit, but crypto revenue fell 38%.
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Gold Electronics Demand Rises 4% on AI Infrastructure Boom
- Gold used in electronics rose 4% to 68.3 tonnes in the second quarter.
- AI infrastructure demand offset weakness as smartphone shipments fall.
- World Gold Council warns technology demand could fade if AI returns disappoint.
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What to Expect as US GDP and the Fed’s Favorite Inflation Gauge Drop Today
- The US economy is seen expanding at an annualised rate of 2.1% in Q2.
- The prints could expose the impact of the US-Iran crisis on the economy.
- The US Dollar keeps its multi-day recovery well in place.
India’s Central Bank Sold $7 Billion in a Day to Stop the Rupee’s Slide
- RBI sold about $7 billion last Friday in one of its biggest interventions in months.
- The rupee has dropped 5.87% against the dollar in 2026 so far.
- India's FX reserves rose over $9 billion in three weeks to $676.2 billion.
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Why Bitcoin Is Stuck Near $65,000 as AI Fuels Inflation
- AI spending is adding inflation pressure and reducing the chance of near-term Fed rate cuts.
- High bond yields and strong AI stocks are pulling capital away from Bitcoin.
- ETF inflows are improving, but Bitcoin still needs softer inflation and lower yields to break higher.
Why Is The Crypto Market Up Today?
- A Fed rate hold lifted crypto even as Wall Street logged a steep selloff
- Bitcoin and other majors held steady despite Treasury yields spiking
- Uniswap jumped 6% as DeFi drew fresh attention, but volume stays light
