Finance

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 »

GBP/USD retreats toward 1.3280 during Friday’s US session, marking a fresh two-month low. The US Dollar (USD) remains firm, supported by increased safe-haven demand amid political uncertainty in Japan and France. The US Dollar Index (DXY) holds near Thursday’s two-month high of 99.56, limiting any rebound of the Cable. Despite rising expectations for further interest …

GBP/USD tumbles to two-month low amid UK fiscal worries and US Dollar strength Read More »

The EUR/GBP pair advances on Friday but remains shy of the 0.8700 figure after hitting a daily high of 0.8725 earlier during the European session. France’s political turmoil and a stagnating economy in the UK could keep the cross-pair trading within familiar levels of 0.8650-0.8750. Euro steadies as uncertainty in Paris offsets weak UK outlook …

EUR/GBP steady near 0.8700 amid French unrest and UK fiscal challenges Read More »

Gold (XAU/USD) holds firm on Friday following a sharp pullback the previous day after retesting Wednesday’s all-time high of $4,059. At the time of writing, XAU/USD is hovering around $3,985, as bulls struggle to extend gains beyond the $4,000 psychological mark. The pullback from record highs was largely driven by profit-taking and easing geopolitical risk …

Gold consolidates below $4,000 as bullish momentum cools after an overextended rally Read More »

Consumer confidence in the United States (US) deteriorated slightly in early October, with the University of Michigan’s Consumer Sentiment Index edging lower to 55 in its preliminary estimate from 55.1 in September. This print came in better than the market expectation of 54.2. Other details of the publication showed that the Current Conditions Index improved …

Breaking: UoM Consumer Sentiment Index edges lower to 55 in October vs 54.2 forecast Read More »

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet …

United States UoM 1-year Consumer Inflation Expectations: 4.6% (October) vs previous 4.7% 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 …

‘Psychology of Money’ author Morgan Housel follows the same morbid success measure as Warren Buffett—a “reverse obituary” Read More »

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 …

BlackRock clients sell $80.2M in Ether Read More »

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 …

Goldman Sachs, Deutsche Bank, and other banking giants unite to explore reserve-backed digital money Read More »