Market Overview

Russia is thinking about setting up a state-backed crypto bank that would give miners a way to cash out their earnings and bring more oversight to the market. The idea, put forward by Civic Chamber member Evgeny Masharov, would be similar to what Belarus has already done. The goal is to move “shadow” crypto transactions into the legal system, boost government revenues, and cut down on criminal use of crypto.
Even though mining has been restricted in some Russian regions, the country’s crypto sector is still growing fast. Industry revenues are expected to hit$2.3 billion in 2025and climb to $3.9 billion by 2026, with more than 44 millionusers by then. A regulated crypto bank would give miners the infrastructure they’ve been lacking and could also help prevent fraud by ensuring all transactions are handled through official accounts.
For Bitcoin, this kind of development could bring some short-term price swings as markets react to the news. But longer term, if Russia builds proper channels for mining and trading, it could mean more liquidity, stronger institutional involvement, and ultimately more support for higher prices.

Global equity indexes are trading in opposite directions currently after Wall Street ended higher on Tuesday. Amazon shares added 0.34% while Citizens JMP raised the price target for Amazon.com to $285.00 and maintained a “Market Outperform” rating on the stock, Apple shares rose 0.95% on Tuesday outperforming market as Goldman Sachs reiterated its Buy rating and $266.00 price target on Apple ahead of the company’s "Awe-Dropping" product launch event on September 9th, 2025, where the company is expected to unveil new products including the iPhone 17 series and updated Apple Watch portfolio (Series 11, Ultra 3, SE 3).

Global equity indexes are trading down currently after Wall Street ended lower on Monday. Apple shares slumped 0.26% while Bank of America Securities reiterated its “Buy” rating on Apple stock with a price target of $250.00, Nvidia stock rose 1.0% on Monday outperforming market ahead of earnings report today after market close as the stock continued advancing following upgrades of Nvidia stock price targets by investment banks Baird and Stifel to $225 from $195 and to $212 from $202 respectively.

Equity indexes are trading in different directions currently after Wall Street rallied on Friday as fed chair Powell signaled at the Jackson Hole Economic Policy Symposium more openness to cut interest rates. Apple shares rose 1.27%, Tesla shares rallied 6.2% on Friday outperforming market as Elon Musk asked people on Friday in a post on X to join his artificial intelligence company xAI in an effort to take on software giant Microsoft.

Global stocks are pointing in opposite directions currently ahead of an upcoming address by Federal Reserve Chair Jerome Powell at the Jackson Hole Economic Policy Symposium. Wall Street ended lower on Thursday amid mixed data. Meta shares slid 1.15% amid reports that the Facebook parent is freezing AI hiring, Alphabet shares added 0.2% on Thursday outperforming market amid reports Meta Platforms has signed a six-year cloud services deal with Google parent to use Google cloud services for its artificial intelligence workloads and more.

Equity indexes are trading in opposite directions currently after Wall Street ended lower again on Wednesday. Meta shares slid 0.5% amid reports the Facebook and Instagram parent company has become a major target for short sellers with the highest year-to-date gain in short interest at $11.0 billion which is more than the next five companies combined, Tesla shares fell 1.64% on Wednesday underperforming market as Elon Musk said the new slightly larger, six-seat Model Y L that was launched in China late Monday with a starting price of around $47,180 would only come to the US at the earliest by late 2026 and warned the new vehicle may "never" come “given the advent of self-driving in America."

Global equity indexes are pointing in different directions currently after Wall Street ended mostly lower on Tuesday. Nvidia shares dropped 3.5% underperforming market despite Morgan Stanley raising its price target on Nvidia to $206.00 from $200.00 while maintaining an “Overweight” rating on the stock , Apple shares slipped 0.14% on Tuesday.

Global equity indexes are trading in opposite directions currently ahead of Federal Open Market Committee members speeches starting at 16:00 CET today. Wall Street ended little changed on Monday. Alphabet shares slumped 0.3% underperforming market while BMO Capital reiterated an “Outperform” rating and $225.00 price target on Alphabet ahead of antitrust decision after US court found Google guilty of illegally maintaining its search monopoly in general search and search text advertising through exclusionary default agreements, Microsoft slid 0.59% on Monday despite Truist lifting its price target for Microsoft shares to $675 from $650 on Monday citing the company’s sustained momentum in cloud and artificial intelligence.

Equity indexes are trading in different directions currently after Wall Street finished mixed on Friday amid mixed economic data. Apple shares slid 0.5% underperforming market amid reports Warren Buffett’s Berkshire Hathaway resumed selling shares of the iPhone maker in the second quarter, cutting its stake by $4 billion to 280 million shares worth $57.4 billion, Tesla shares fell 1.5% on Friday ahead of upcoming expiration of the federal $7,500 EV tax credit for Tesla models set to lapse in September for several models due to battery sourcing thresholds.

Global stocks are pointing in opposite directions currently after Wall Street ended at fresh record high on Thursday despite hotter than expected producer prices data. Amazon shares surged 2.87% after the company announced expansion of same-day delivery to more than 1,000 US cities and aiming for 2,300 by year-end with Prime members getting free same-day delivery on orders over $25 as Amazon dropped the prior $9.99 Prime grocery add-on, Intel shares rallied 7.4% on Thursday outperforming market amid reports after a meeting between president Trump and Intel CEO Lip-Bu Tan White House is considering taking a stake in the struggling chipmaker following Intel warning last month that it may have to get out of the chip manufacturing business if it does not land external customers to make chips in its factories.