The Dollar is Mostly Firmer but in Narrow Ranges north The US dollar is mostly firmer against the major currencies. The Australian and Canadian dollars are the exception, but their gains are minor. Still, the Canadian dollar’s resilience in the face of the US tariffs it faces first thing tomorrow is notable. While some progress has been reported, [...]
Allocation Update - Q2 2026 north Q2 2026 carried forward our focus on advancing Ethereum’s resilience and capabilities, supporting key work in zero-knowledge proofs, client diversity, formal verification, and open-source tooling. See the list below of the projects and ecosystem efforts supported this quarter as builders build [...]
Dollar's Losses Extended, but Stabilizing Ahead of the North American Session north The US dollar continues to trade heavily after the series of softer than expected data since the loss of US jobs in July. The stabilization of price pressures and the decline in retail sales have seen the market downgrade the chances of a rate hike next month. At the end of July, the market [...]
Announcing the Platåberget Testnet north tl;dr: Meet Platåberget: Glamsterdam's (Gloas + Amsterdam) early testing ground open to public participation. This upgrade comes with breaking changes for application developers. Notably, any tool that relies on a hardcapped maximum gas limit (think wallets, indexers and gas estimators) will [...]
Week Ahead: Downward Data Surprise Stretch the US Dollar's Momentum Indicators north The combination of a loss of US jobs in July and softer inflation gauges, and an unexpected decline in July retail sales saw the derivatives market downgrade the chances that the three hawkish dissents last month will manage to convince their colleagues to hike rates at next month's FOMC [...]
Galaxy lowers CLARITY Act odds to 10% north Galaxy cited unresolved ethics, stablecoin yield and developer protection issues, along with a narrow Senate window when lawmakers return in September.
USD Trades Heavier and Look for North America to Follow Suit north Tomorrow is the 55th anniversary of the end of Bretton Woods. R.I.P. It was an economic agreement, pegging the dollar to gold and the other currencies to the dollar, and establishing the World Bank, and the International Monetary Fund. Ultimately, however, it was political in nature. It was an [...]