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On the eve of the GENIUS Act’s first anniversary, the stablecoin market holds about $310 billion, including roughly $184 billion in USDT and $73 billion in USDC.President Donald Trump signed the law on July 18, 2025, creating a federal framework with one-for-one liquid reserves, redemption rights, and monthly reserve disclosures for a market that moved faster than the rulebook.Federal Reserve researchers measured stablecoin capitalization at $317 billion on Apr. 6, up more than 50% from early 2025, and recorded a 50% increase in Ethereum stablecoin transaction volume since enactment. As of July 17, core implementation measures are still in proposal…

STATISTICS released by the UK Government’s Department for Business and Trade last month show that Wales continues to successfully attract foreign investors. In 2025-26 saw the biggest increase in foreign investment since 2020-21. Wales attracted 75 foreign investment projects, creating over 1,500 jobs and protecting thousands more. For the second year in a row the UK Government has overseen an increase in the number of foreign investments coming to Wales, alongside a rise in the number of jobs created or protected. The UK Government is backing Wales by investing in two AI Growth Zones, two Investment Zones for North and…

A Newport Beach physician who had been forced out of his practice by hedge fund executives joined fellow advocates who say corporations exercise too much control over medical decisions in celebrating recent legislative and legal victories.Steve Abelowitz, M.D., spent decades building Coastal Kids into a successful practice. But he was financially pressured by the economic downturn caused by the COVID-19 pandemic to partner with Pediatric Associates Holdings LLC to stay afloat in the winter of 2020. In the years that followed, the hedge fund allegedly cut corners to save costs at the expense of patient safety, according to a lawsuit…

BP announced on 15 July that it has agreed to divest minority stakes in more than 10 companies from its portfolio to European private equity investment firm Verdane.The London-based supermajor said the transaction includes most of BP Ventures’ minority holdings in a range of energy technology developers.BP said the move away from early-stage and startup investments is part of a broader effort to simplify its portfolio and strengthen capital discipline.In 2025, BP announced its plan to divest up to $20 billion in assets by 2027. As part of that effort, the company earlier this month agreed to sell its minority…

The first step in capital gains taxation is to identify the asset sold and determine whether the resulting gains are taxable. (Image source: Magnific) Many individual taxpayers view filing an Income Tax Return (ITR) as a straightforward task—declaring salary income, updating investment details and paying any balance tax. However, capital gains can turn an otherwise straightforward tax return into a complicated exercise.Post Covid, it has become common for salaried employees to invest in and trade equities and similar assets. During the year, they may sell shares, redeem mutual funds, book gains from foreign Employee Stock Options (ESOPs), Restricted Stock Units…

People moves for the week ending July 17 Alternatives Watch Source link

Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated:  July 18, 2026 From a $63,000 Bitcoin price, Sam Altman’s ChatGPT AI is not…

Financial advisors are growing noticeably less confident about the economic outlook, suggesting the gap between resilient markets and underlying macro expectations is widening.The latest Advisor Sentiment Index found advisors pulling back from the optimism that pushed confidence near record highs earlier this year. Overall sentiment toward the economy fell 12% from May, while confidence in the stock market also declined, though both measures remain above the neutral 100 level.That divergence is the story.Advisors continue to view equities more favorably than the broader economy. Two-thirds describe current market conditions positively, and half expect stocks to improve over the next year. By…

8h05 ▪ 5 min read ▪ by Fenelon L. Summarize this article with:ChatGPTPerplexityGrok TMTG, the operator of Truth Social, announced on Thursday the launch of a paid API offering Wall Street firms very low latency access to the network’s posts. This feed intended for algorithmic trading funds arrives as Donald Trump’s posts regularly move the markets. How far will this monetization of presidential influence go? In brief TMTG launches the Truth API, a paid and licensed feed giving institutional firms machine-usable access to the most influential posts of Truth Social, including those of Donald Trump. Access is targeted for institutional…

TORONTO, July 17, 2026 (GLOBE NEWSWIRE) — (TSX: PFIA, PFCO, PFCB, PFAA, PFIG) Picton Mahoney Asset Management (“PICTON Investments”) announced today that it has declared the July 2026 monthly cash distribution of $0.0562 per unit for the ETF units (“ETF Units”) of the PICTON Long Short Income Alternative Fund. PICTON Investments announced today that it has declared the July 2026 monthly cash distribution of $0.0572 per unit for the ETF Units of the PICTON Credit Opportunities Alternative Fund.PICTON Investments announced today that it has declared the July 2026 monthly cash distribution of $0.0320 per unit for the ETF Units of…