Altcoins aren’t dead; long live altcoins north Bitcoin won’t win as a monetary asset while tokens power adoption through incentive layers. Zero-knowledge transport layer security unlocks verifiable data portability.
Calastone Brings Global Fund Distribution Onchain with Polygon north Calastone, the global funds network that processes more than £250 billion in transactions each month, is launching its tokenized fund distribution solution on Polygon, the go-to stack powering global money movement, supporting sending billions in value, instantly.
Yen and Sterling Weakness Featured north Overview: The US dollar is mixed. Sterling is the weakest of the G10 currencies after unexpectedly poor employment reported boosted chances of rate cut next month. The dollar also made marginal new high against the Japanese yen since February, but so far has remained below JPY154.50. The [...]
Deal to Re-Open the US Government Helps Boost Risk Appetites north Overview: The prospect that the longest US government shutdown in history may end in the next few days has bolstered risk appetites, driven equities broadly higher and left the dollar non-plussed. The greenback is mixed against the G10 currencies. The Japanese yen, which appears have been [...]
Week Ahead: Dollar Recovery Getting Tired north The markets were not impressed with the ADP private sector jobs estimate. Although it increased for the first time since July, the average over the three months through October was 3.3k, the weakest since August 2020. The Dollar Index snapped a five-day advance after the mid-week report and [...]