US Dollar Remains Soft Despite Disappointing UK Growth and Eurozone Industrial Output north Overview: The US dollar is trading heavier against most of the world's currencies today. Better than expected Australian employment data, which boosts speculation that the central bank's easing cycle is over, helps explain the Australian dollar's gain to its best level of the month. However, [...]
ENS and Namespace Launch Celonames, a Unique Identity Layer for the Celo Ecosystem north In partnership with Self Protocol, verified users can claim their address at sub-cent costsThe Celo Foundation and cLabs, in collaboration with Ethereum Name Service (ENS) and Namespace, today launched Celonames, a new identity layer that enables anyone, anywhere, to create a personalized, [...]
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 [...]