Category Archive: Cryptocurrency, No picture
Aave and Sky forge alliance to turbocharge the DeFi ecosystem
Key Takeaways Aave and Sky partner to integrate new tokens USDS and sUSDS into Aave platform. Collaboration aims to boost USDS adoption and increase Aave’s total value locked. Share this article Decentralized applications Aave and Sky have announced a joint effort to take the decentralized finance (DeFi) ecosystem to the traditional finance realm.Named Sky Aave […]
Faced With Stagnant Domestic Growth China Starts A New Global Trade War
China is going all in on exports to revive growth led by EVs. Trump vows to strike back with 60 percent tariffs.Accelerated Global Trade WarThe Wall Street Journal comments China Is Starting a New Trade War. China is cranking up its massive export machine again, and this time there’s nowhere for competitors to hide. A Massachusetts […]
USD/CAD Faces Testing Week: ISM PMIs, BoC Rate Decision And Jobs Reports
The USD/CAD faces a big test this week, for not only do we have significantly important data from the US, but there’s also a rate decision across the northern border in Canada. Meanwhile, we will also have the August employment report to look forward to from Canada on Friday. Incidentally, the Canadian jobs report will […]
Nexo resumes onboarding of UK clients with full FCA compliance
Key Takeaways Nexo resumes UK client registrations with updated compliance measures. The company recognizes the importance of educating clients about the regulatory framework and aims to provide tailored educational resources to help clients make informed decisions. Share this article Nexo, a leading digital asset service provider, has resumed accepting new client registrations in the United […]
WTI Crude Under Pressure Amid Rising OPEC+ Supply And Mounting Global Demand Concerns
The recent pressure on WTI crude oil prices reflects a complex mix of factors weighing heavily on the market. The combination of rising supply expectations, particularly with OPEC+ members set to increase production, and growing concerns about demand, especially from key markets like China, is driving the downward trend. The drop in Chinese factory activity […]
Reddit user proposes Zero-KYC mechanism to counter P2P crypto scams
Key Takeaways ZKAM-FMT aims to secure P2P crypto transactions without KYC. Implementation challenges include integration with banking websites. Share this article A Reddit user has introduced a novel proposal to enhance security in peer-to-peer (P2P) crypto markets without relying on traditional Know Your Customer (KYC) processes. The “Zero-KYC Assurance Mechanism for Fiduciary Money Transfer” (ZKAM-FMT) […]
AUD/JPY Moves Below 98.50 As Traders Adopt Caution Due To China Economic Woes
AUD/JPY halts its four-day winning streak, trading around 98.40 during the European session on Tuesday. This downside of the AUD/JPY cross is attributed to rising risk aversion as traders adopt caution due to concerns mounting over China’s economic woes.Traders assess July manufacturing PMI data from China, a key trading partner of Australia. Official figures indicated […]
Money Talks: How To Make The Next Wordle
For this Money Talks, it’s all fun and games…and lots and lots of money. The Puzzmo game designer speaks with Felix Salmon about how to make addicting, viral pastimes that turn a profit. They discuss what made Wordle such a breakout hit, how to make games for both bad and good players, and the strained relationship between art and profit. Audio Length:00:34:39 […]
Wave Of Dollar Demand Ahead Of US Market Return
Mild risk off flow and a strong wave of US Dollar demand is what we’re seeing as the markets get set for the return of the US following a long weekend holiday break. It’s possible we’re seeing a delayed reaction to last week’s not as cool US core PCE.Video Length: 00:00:57More By This Author:Markets Hold […]
US Stock Futures Slip As Markets Brace For Key Economic Data And Fed Rate Decision In Historically Volatile September
It seems the markets are entering September with a cautious tone, reflecting the historical volatility associated with this month and the uncertainty surrounding upcoming economic data. After a relatively strong finish in August, investors seem to be taking a step back as they brace for key events this week, particularly the monthly jobs report and […]
