The Dollar is Softer to Start the New Week north Overview: The US dollar begins the important week quietly but heavier against all the G10 currencies, led by sterling. It is pushing against the $1.36 cap that has blocked the upside over the past couple of months. All but a few emerging market currencies also enjoy a firmer tone today. The [...]
Fusaka $2,000,000 Audit Contest! north Today, we are excited to announce the start of the Fusaka audit contest, co-sponsored by Gnosis and Lido, hosted on Sherlock, and running for four weeks from September 15th. The goal is simple: maximize scrutiny of the Fusaka upgrade and surface vulnerabilities before they can impact the [...]
Web3 needs to rely on Web2 to survive north Web3’s mass adoption depends on embracing Web2 infrastructure, not replacing it. Gradual integration builds trust and accelerates mainstream acceptance.
Week Ahead: Federal Reserve and Bank of Canada to Cut, while BOJ and BOE Stand Pat north The week ahead features five G10 central bank meetings. Two will most likely cut rates, the US and Canada, and two will stand pat, the Bank of England and the Bank of Japan. Norges Bank, Norway's central bank also meets. It is a close call but we lean slightly in favor of it cutting 25 bp, [...]
Gen Alpha will buy Bitcoin over gold north Gen Alpha will grow up with Bitcoin as a cultural and financial native, making it their default store of value over traditional gold investments.
Firmer US Rates Help the Dollar Steady north Overview: After yesterday's decline following the CPI and jump in weekly jobless claims, the dollar has steadied today, even if the upticks are not so inspiring. US rates have steadied. The 10-year yield frayed the 4% threshold for the first time in five months but settled a little above it. [...]
ECB Meeting may be a Non-Event, US CPI is Key north Overview: The US dollar enjoys a firmer today ahead of the CPI and ECB meeting outcome. After falling to a new low for the year against the Chinese yuan earlier today, it has recovered and is higher on the day. The market is pricing in almost a 10% chance of a 50 bp cut next week, but a rise [...]