Dollar Drop Gains Momentum and US Rates Extend Decline north Overview: An accelerated run on the US dollar continues. The euro, sterling, Australian and New Zealand dollars have risen to new highs. The greenback has dropped to new lows since 2015 against the Swiss franc. Japan's efforts to protect its rice farmers triggered the ire of President Trump. [...]
Polygon Supports 1000 TPS with Bhilai Hardfork north The Bhilai Hardfork goes live today, amplifying throughput, smoothing out gas fees, and extending support for account abstraction via EIP-7702. It’s the first milestone on the gigagas roadmap (100k TPS), allowing money to move even faster.
The renaissance returns with decentralized AI north Decentralized AI breaks open the gates of intelligence, with communities worldwide building, customizing and governing their own tools. DeAI dismantles centralized control and empowers communities to create and govern their own AI systems.
July 2025 Monthly north The second half of 2025 begins not with optimism, but with fatigue. The global economy is not collapsing, but it is clearly bending under strain—economic, geopolitical, and institutional. What is taking shape is not a soft landing, but something more sobering: a slower, structurally weaker [...]
Dollar Stabilizes after Yesterday's Shellacking but Finds Little Traction north Overview: The US dollar has steadied today after yesterday's shellacking that saw it fall to new multiyear lows against the euro and sterling and 10-year lows against the Swiss franc. The news stream is somewhat more supportive today, with trade deals said to be in the works, in addition to [...]
Dollar Pummeled on Risk to Fed's Independence north Overview: The US dollar was weak yesterday, but it has been pummeled today. It is down against the G10 currencies and all but the Russian ruble and Turkish lira among emerging market currencies. The proximate trigger of today's sell-off were news reports that a successor to Fed Chair Powell [...]