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Chair Powell pours some cold water on rate cut expectations Dollar gains, equities decline; a challenging session ahead as focus shifts to US data Gold remains near all-time high, oil rallies on the back of geopolitical newsflow Cryptos consolidate, correlation with gold breaks down Dollar Gains Ground, Equities Try to Recover From Tuesday’s DeclineRisk appetite received a small hit yesterday following consecutive positive sessions, with the index leading the sell-off and posting its strongest daily drop since September 2, and the gaining a few pips against the mighty . Oddly, the same reason that fueled last week’s equity rally –…

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Yesterday it was the ’s turn to fall, dropping 55 bps, while the managed to rise 12 bps. Round and round the market goes—where it stops, nobody knows. It’s almost comical to watch how this market trades day to day, always finding a Mag 7 stock to lift or a Mag 7 stock to knock down, to keep dispersion alive. Yesterday, Apple (NASDAQ:) was the hero, up more than 4% alongside Nvidia (NASDAQ:). yesterday, Amazon (NASDAQ:) played the sacrificial lamb, falling 3%, with Meta Platforms (NASDAQ:) and Microsoft (NASDAQ:) chipping in, each down about 1%. At this point, it feels…

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World Liberty Financial, a cryptocurrency venture backed by the Trump family, is preparing to launch a debit card and a retail application, according to a report published on Monday. The platform’s co-founder, Zak Folkman, announced the upcoming offerings during a fireside chat at the Korea Blockchain Week 2025 Impact conference in Seoul, reported The Block. The soon-to-be-launched debit card will allow users to connect their World Liberty Financial USD (USD1) stablecoin and World Liberty Financial app directly to their Apple Pay. The exact launch date is yet to be announced. The retail app, which Folkman likened to a “Venmo meets…

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BitMart Research, the research arm of BitMart Exchange, has published a new report on the emerging trend of issuer-owned stablecoin blockchains, analyzing how major stablecoin providers like Tether, Circle, and Ethena are shifting from value attachment to direct value capture. As stablecoin transaction volumes soar—reaching over $287 billion in circulation and generating millions in on-chain fees—issuers are increasingly launching their own dedicated blockchains to reclaim lost economic upside, reduce reliance on third-party infrastructure, and enhance compliance. Projects like Tether’s Plasma and Stable, Circle’s Arc, and Ethena’s Converge are introducing stablecoin-native chains with features like zero-gas transfers, native compliance tooling, and cross-border settlement infrastructure. This report explores…

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Crypto.com CEO Kris Marszalek recently took to the X social media network to clarify that there was no cover-up regarding a security incident that took place in 2023.The popular US trading platform was previously accused of trying to conceal the damning incident despite the fact that the seriousness of the incident warranted public disclosure. Teenage hacker According to Bloomberg, the exchange was previously compromised by the notorious Scattered Spider hacking group that included world-famous hacker Noah Urban. The attacker reportedly managed to gain access to the account of one of the exchange’s employees via phishing. No coverup Crypto.com asserts that it did not actually try…

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Cardano (ADA) is holding firm around the $0.85-$0.90 support zone as traders watch for potential bullish momentum. Founder Charles Hoskinson has suggested that ADA is set to “break the internet,” signaling a possible surge in the coming months. Analysts see similarities to past price patterns that could set the stage for a Q4 rally. ADA Price Action and Support Levels Following Thursday’s market rally, ADA retraced about 4% in the past 24 hours, failing to reclaim recent highs. Since July, the cryptocurrency has been trading in a $0.72-$0.96 range, reaching a local peak of $1.01 last month. Despite this pullback,…

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XRP is an established cryptocurrency that is widely used for institutional adoption and cross-border payments. While it is valued for its speed and low-cost transactions, some analysts suggest its potential for outsized returns may be limited. In contrast, a new project called Mutuum Finance (MUTM) is emerging as a next-generation decentralized finance (DeFi) project that aims to offer a different kind of opportunity. XRP vs MUTM: Stability Meets Structured Growth XRP’s main strength lies in its use as a payment medium. Mutuum Finance, on the other hand, is built as a comprehensive lending and borrowing ecosystem. The platform includes a decentralized stablecoin…

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Ripple’s game-changing stablecoin RLUSD is setting a new standard for transparency, compliance, and cross-chain scalability in institutional finance. Ripple RLUSD Aims to Redefine Stablecoin Utility Ripple shared on Sept. 16 an insight authored by Jack McDonald, senior vice president of stablecoins, focused on the company’s enterprise-grade stablecoin Ripple USD (RLUSD). McDonald detailed how RLUSD was […]

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