May 7, 2025

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Loans

Interest rates for loans, mortgages aren’t falling. See when they might

If you’re wondering when interest rates on credit cards and car loans will start falling again, don’t hold you breath this week when the Federal Reserve’s policy committee meets. Interest-rate traders see little chance that the Fed will lower interest rates at the end of Wednesday’s meeting or the following one. That means Americans won’t

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Crypto

SEC approves XRP ETF: Cloud mining becomes a new channel for ordinary people to obtain daily cryptocurrency income!

Los Angeles, CA, May 02, 2025 (GLOBE NEWSWIRE) — The U.S. Securities and Exchange Commission (SEC) officially approved ProShares Trust to launch three ETF products based on XRP futures: ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF and ProShares Short XRP ETF. This allows investors to obtain its price exposure through leverage or inverse methods

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Banking

Open banking a step closer to gaining scale, as ASB and POLi strike deal – is the Govt’s competition push working?

POLi processed 5.5 million transactions worth nearly $2 billion last year. Banks typically don’t like POLi getting people in the habit of sharing their bank details with third parties, fearing that making people comfortable doing so makes them more susceptible to being scammed. However, banks have been slow to allow financial technology companies to officially

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Crypto

BTC breaks $94,000: How to earn a steady income every day using cryptocurrency.

Los Angeles, CA, April 30, 2025 (GLOBE NEWSWIRE) — A whale deposited 1,485 BTC to Binance a few days ago and would have made a profit of $30.21 million if he sold it. According to ChainCatcher, according to The Data Nerd, a whale named “3Ps78” deposited 1,485 BTC to Binance a few hours ago. The average purchase

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Banking

PAObank Announces FY2024 Annual Results Achieves Record-Breaking Performance Amplifies Resources to Expand Retail Banking Services

Loan Assets Reach a Record High of HK$3.13 billion Customer Deposits Have Significant Growth of 74% Net Interest Income Surged 70% to over HK$130 million In 2024, PAObank achieved outstanding performance across key operational indicators, with net interest income increasing significantly by 70% year-on-year to over HK$130 million. Dedicated to empowering SMEs, PAObank remains committed

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Finance

Blockchains Finance Integrates AI-Driven Intelligence to Transform Blockchain-Based Asset Management

Blockchains Finance unveils a new AI-powered analytics and automation framework Denver, Colorado , April 28, 2025 (GLOBE NEWSWIRE) — Blockchains Finance, a global leader in blockchain-based financial technology, has officially launched an advanced artificial intelligence (AI) integration framework designed to transform how users interact with decentralized finance (DeFi) and digital assets. This strategic move marks

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Crypto

Drones Deployed to Hunt Down Cryptocurrency Mining Sites in Kuwait

KUWAIT CITY, April 27: The crackdown on cryptocurrency mining in Kuwait continues relentlessly, with authorities determined to apprehend all violators and pursue legal action against them. These campaigns are being conducted under the direct leadership and supervision of Acting Prime Minister Sheikh Fahad Al-Yousef, who is firmly enforcing the law against offenders, irrespective of their

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Finance

Chameleon Finance Launches Green Finance Initiative to Advance Sustainable Digital Asset Infrastructure

Chameleon Finance has introduced a strategic green finance initiative aimed at integrating environmental sustainability into the digital asset ecosystem. SEATTLE, WA, April 25, 2025 (GLOBE NEWSWIRE) — Chameleon Finance, a global financial technology company, has announced the launch of a green finance initiative focused on embedding environmental sustainability into blockchain-based financial systems. This development marks

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Finance

Ov Finance Upgrades Blockchain Infrastructure to Deliver Faster, Safer Digital Asset Trading

Ov Finance enhances its core systems to support scalable smart contracts, real-time settlement, and high-frequency transaction processing. Atlanta, GA, April 25, 2025 (GLOBE NEWSWIRE) — Ov Finance, a financial technology and cryptocurrency company, has announced a major upgrade to its blockchain infrastructure aimed at boosting platform performance, enhancing security, and enabling seamless integration with next-generation

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Finance

U.S. Trade Rep. testifies on tariffs: Key takeaways from hearing

China vows to ‘fight to the end’ on President Trump’s tariffs President Donald Trump threatened China with more tariffs after they put a 34% tariff on U.S. imports. Video shows key takeaways, tense moments from April 8 Senate Finance Committee hearing on tariffs Trump has announced reciprocal levies on trading partners U.S. Trade Rep. Jamieson

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