Native Markets officially adopts the USDH stablecoin ticker from Hyperliquid.
Native Markets Wins USDH Ticker in Community Vote Native Markets has thrown its hat in the ring to issue and manage the US dollar Stablecoin (USDH) through a high liquidity crypto exchange. The community officially approved the USDH ticker on Sunday following a voting process. The proposals included enhancements to the initial USDH project, which […]
Asian markets start off uneven as investors monitor U.S.-China discussions in Spain.
Market Update: South Korea and Asia-Pacific Trends A currency dealer, taking precautions against the spread of COVID-19 by wearing a mask, was observed working in front of an electronic board displaying Korea’s combined stock index, the Kospi, at a bank in Seoul on September 10, 2020. This morning, the Kospi reached a record high of […]
Ray Dalio warns that US markets could face a severe crisis and advocates for gold.
Ray Dalio Warns of Financial Crisis, Advocates for Gold Investor Ray Dalio has raised alarms about the American financial market, suggesting it may be on the brink of a serious downturn—what he describes as a financial “heart attack.” He advocates for gold as a potential safeguard. Speaking at a panel during Abu Dhabi Finance Week, […]
Oracle causes a stir in the markets on Wall Street
Today’s headlines are buzzing with the announcement of Oracle’s Surge and Apple’s iPhone 17 Air. We’ve also got US-India trade discussions and the appointment of a new French prime minister on our radar. Meanwhile, news from Poland regarding Russian drones, Novo Nordisk developments, and efforts to oust federal government Governor Lisa Cook have taken a […]
Digital gold may soon disrupt London’s precious metal markets.
London’s Gold Market Faces Possible Transformation London’s gold market, valued at around $900 billion, might be on the brink of a significant change as the World Gold Council (WGC) works towards digitizing gold. Recently, the WGC, a key player in the gold industry, introduced ideas for a pooled gold interest (PGI) token, which would be […]
Today’s Cryptocurrency Markets: XRP and SOL Expected to Shift by 4% as Jobs Report Approaches
Crypto Market Awaiting US Employment Data The cryptocurrency market is currently on edge as it looks forward to the US non-farm payroll report. Investors hope this will provide clarity on potential actions by the Federal Reserve regarding interest rates. The implicit volatility index indicated a focus on stabilizing price fluctuations among key cryptocurrencies. As of […]
Why markets are currently stable despite Trump’s criticism of the Fed
Earlier this month, I announced changes regarding Chairman Jerome Powell. I hinted at a shift in the Federal Reserve’s approach to easing policies during the Federal Open Market Committee meeting in September. Following this, the US stock and bond markets began to bounce back in response. However, President Trump escalated his criticism of the Federal […]
EUR/USD rises slightly in optimistic markets before US Nonfarm Payrolls report
The Euro is stable but faces minor weekly losses. The eurozone’s final GDP shows a growth of 0.1% in the first quarter, with the annual rate adjusted from 1.4% to 1.5%. The US dollar could experience a drop with market attention on the upcoming soft US NFP report. On Friday, the EUR/USD climbed above 1.1680, […]
USD/JPY moves in a narrow range as markets assess sentiment balance
USD/JPY reached a peak on Wednesday but is still under 148.50. Market sentiment and the outlook for Fed rate cuts are key drivers of U.S. dollar movement. US ADP job figures will be released on Thursday. On Wednesday, USD/JPY encountered resistance near the 148.00 mark while continuing to hover below the 200-day exponential moving average […]
Polymarket Approved to Run Prediction Markets in the US, According to CEO
Simply put Polymarket is set to return to the US after the CFTC announced it wouldn’t take specific enforcement actions against QCX, as stated by CEO Shayne Coplan. In July, Polymarket acquired QCX, a licensed exchange regulated by the CFTC, for $112 million. Previously banned from the US market in 2022, Polymarket has been exploring […]