Finance
Gold Surges Past $4,300, Set for Best Weekly Rally Since 2008
Bullion has jumped around 8.6% this week
Gold Price Rises By Over $100 In A Day Reaching $4,200
Gold’s Relative Strength Index stands at 85
$11Bn Bitcoin Whale Bets Nearly $900Mln on BTC and Ether Price Drop
A major crypto investor opens massive short positions on Bitcoin and Ether, signaling expectations of a short-term market downturn
Gold Breaks $4,000 Record on Rate Cut Expectations and Rising Global Tensions
The metal has been one of 2025’s standout performers
Square Launches Bitcoin Payment Service for U.S. Merchants
Jack Dorsey’s Block Inc. introduces Bitcoin checkout for 4 million Square merchants, offering zero processing fees through 2026 to boost crypto adoption
Gold Prices Reach Record High as U.S. Shutdown and Rate Cut Bets Drive Surge
Spot gold climbed 0.4%
Uzbek Banks Strengthen Stability as Rankings Shift in Q3 2025
Total assets reached 863 trln sums ($71.2 bn)
XRP Nears $3 as ETF Hopes Fuel Bullish October Outlook
With support at $2.80 and SEC rulings on spot XRP ETFs due this month, analysts see October as a turning point for the token
Halyk Bank Approved to Acquire 49% of Click for $176 Mln
Click will acquire 49% of Tenge Bank
World Nears Quarter Million Crypto Millionaires in Historic Wealth Boom
Uzbekistan Partners with NASDAQ to Upgrade Tashkent Stock Exchange
The trading platform can also aid with the sale of government bonds
DBS, Franklin Templeton and Ripple Launch Tokenised Services on XRP Ledger
Investors will be able to trade between the two assets seamlessly
XRP and Dogecoin ETFs Smash Debut Expectations With $54 Mln in Trades
Most new funds manage around $1 mln in their first session
Uzbekistan Leads Region with We-Finance Code Supporting Women Entrepreneurs
The initiative provides women entrepreneurs with access to grants
Uzbekistan Moves Towards Islamic Banking with New Draft Law
The bill proposes amendments to the Tax Code
Gold Prices Reach Record $3,689 as Investors Anticipate US Fed Rate Cut
Spot gold rose 0.2% to $3,685.02 an ounce by 0632 GMT
Uzbekistan Moves Toward Legal Framework for Islamic Banking
The proposed legislation is designed to tackle the shadow economy
KFC, Evos and Oqtepa Lead Uzbekistan’s Food Sector Tax Payments
In total, 20,100 catering organisations paid $77.5 mln in taxes
CERR: Uzbekistan’s Business Climate Index Rises to 55 Points in August
The August business climate index stood at 55 points
Uzbekistan Plans Stablecoin Trials for Payments and Asset Tokenisation
Stablecoins can be used for everyday transactions
Oracle Shares Rise Over 43% With Larry Ellison’s Wealth Closing Up to Musk’s
The company announced four multi-billion-dollar cloud agreements
Forbes: Wealth of America’s 400 Richest Hits Record $6.6 Trln
Together, the 20 wealthiest Americans now control $3 trln
Uzbekistan’s Reserves Top $50 Bn for First Time
The country also expanded its gold stock in physical terms