Pound Sterling (GBP) could rebound further; any advance is likely part of a 1.3290/1.3390 range. In the longer run, downward momentum has slowed somewhat, but there is still a chance for GBP to decline to 1.3200, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Downward momentum has slowed somewhat 24-HOUR VIEW: “When …
GBP/USD: Any advance is likely part of a 1.3290/1.3390 range – UOB Group Read More »
Material success can be measured in a multitude of ways: cars, luxury items, and followers. But behavioral finance expert Morgan Housel has an unusual exercise to do so: a reverse obituary. “It’s a little bit morbid, but it’s to write what you want your obituary to say, and then try to live your life up …
Key Takeaways Ondo Finance will deploy USDY, a lucrative token of short-term American Treasuries and bank deposits, to print 50M in USST stablecoins. Under the next-generation reserve architecture as introduced by STBL, USDY becomes the main collateral, and asset tokenization of institutional-quality assets is deposited to DeFi infrastructure. A method to split the principal and …
STBL Partnered with Ondo Finance to Deploy $50M Stablecoin Minting Read More »
Major institutional investors are leveraging Ethereum ETFs to actively adjust exposure as digital assets become integral to traditional finance strategies. Key Takeaways BlackRock clients sold $80.2 million worth of Ether on Oct. 10, indicating significant outflows from its spot Ethereum ETFs. Ethereum ETFs have experienced both inflows and outflows, with institutions actively rebalancing portfolios. BlackRock …
Major banks are evaluating whether blockchain-based digital money can improve payment efficiency, competition, and regulatory compliance for traditional finance. Photo: cmophotoart Key Takeaways Nine major banks formed a consortium to explore issuing reserve-backed digital money on public blockchains. The initiative aims to provide a stable payment asset and enhance financial innovation in cross-border payments. Nine …
President Trump’s sudden 100% tariff announcement on China triggered a global market sell-off that overwhelmed major crypto exchanges. While centralized platforms suffered issues, DeFi protocols like Aave, Uniswap, and Hyperliquid continued to operate smoothly in the period. The episode reignited debate over whether decentralized systems are better equipped to withstand market shocks than traditional intermediaries. …
DeFi Passes Real-World Stress Test As Major Exchanges Buckle Under Trump’s Tariff Shock Read More »
Material success can be measured in a multitude of ways: cars, luxury items, and followers. But behavioral finance expert Morgan Housel has an unusual exercise to do so: a reverse obituary. “It’s a little bit morbid, but it’s to write what you want your obituary to say, and then try to live your life up …
Key Takeaways Ondo Finance will deploy USDY, a lucrative token of short-term American Treasuries and bank deposits, to print 50M in USST stablecoins. Under the next-generation reserve architecture as introduced by STBL, USDY becomes the main collateral, and asset tokenization of institutional-quality assets is deposited to DeFi infrastructure. A method to split the principal and …
STBL Partnered with Ondo Finance to Deploy $50M Stablecoin Minting Read More »
Major institutional investors are leveraging Ethereum ETFs to actively adjust exposure as digital assets become integral to traditional finance strategies. Key Takeaways BlackRock clients sold $80.2 million worth of Ether on Oct. 10, indicating significant outflows from its spot Ethereum ETFs. Ethereum ETFs have experienced both inflows and outflows, with institutions actively rebalancing portfolios. BlackRock …
Major banks are evaluating whether blockchain-based digital money can improve payment efficiency, competition, and regulatory compliance for traditional finance. Photo: cmophotoart Key Takeaways Nine major banks formed a consortium to explore issuing reserve-backed digital money on public blockchains. The initiative aims to provide a stable payment asset and enhance financial innovation in cross-border payments. Nine …