Gold prices rose as traders turned to the safe-haven asset amid ongoing tariff uncertainty ahead of U.S. President Donald Trump’s deadline to end negotiations. U.S. gold futures settled 0.1 lower
Safe-haven gold gains on tariff uncertainty
Tether posts $4.9B profit in Q2
Tether disclosed another strong quarter as stablecoins continue to gain traction amid growing regulatory clarity in the United States. The company said it posted $4.9 billion in profit for the second quarter of 2025, a 277% increase compared with the same period a year ago.
Equities stall as early enthusiasm ebbs
U.S. stocks closed lower as early gains faded, following the latest round of corporate earnings and economic data, as investors awaited results from megacaps Amazon and Apple
Oil rises as investors weigh Trump’s Russia stance, tariff threats
Oil prices climbed more than 1% as investors focused on developments on U.S. President Donald Trump’s tighter deadline for Russia to end the war in Ukraine and his tariff threats to countries that trade its oil.
Despite Trump’s pressure Fed holds rates steady
The Federal Reserve held interest rates steady in a split decision that gave little indication of when borrowing costs might be lowered and drew dissents from two of the U.S. central bank’s governors
Crypto token unlocks may halve to $3B in August
Crypto token unlocks may fall to $3 billion in August, down 52% from the $6.3 billion in value unlocked in July. Despite the overall decrease, several high-profile unlocks could still impact prices. The biggest unlocks include Sui, Fasttoken, Avalanche and Arbitrum.