$70B Aave DeFi Protocol Expands, Launches on Aptos Network Aave, a leading decentralized finance (DeFi) protocol, has officially expanded its operations to the Aptos blockchain, aiming to leverage the highly anticipated Layer 1 blockchain’s capabilities. This strategic move is intended to enhance Aave’s services by utilizing Aptos’s touted high throughput and scalability. The expansion aligns…
Crude oil settled at $63.52 The price of crude oil futures are settling at $63.52 that’s up $0.81 or 1.29%. The high price for the day reached $63.67. The low price was at $62.52. Looking at the hourly chart, the low price tested the falling 100 hour moving average, and found willing buyers. That gave…
USD/CAD Is Mostly Flat Amid Profit-Taking USD/CAD moved away from recent highs as traders took some profits off the table after the rally. Other commodity-related currencies moved lower in today’s trading session. The nearest support level for USD/CAD is located in the 1.3845 – 1.3860 range. A move below…
Trump Wants to Fire Fed Governor Lisa Cook The president is demanding Cook’s resignation over what one Trump official describes as “mortgage fraud.” Fed Governor Lisa Cook Now in Trump’s Crosshairs “Lisa Cook is cooked.” Those are the words of Bill Pulte, director of the Federal Housing Finance Agency. The 37-year-old Republican is leading a…
Coinbase Sees Stablecoin Market Growing to $1.2T by 2028 Stablecoins, digital tokens tied to predominantly fiat currencies like the U.S. dollar, will balloon to a $1.2 trillion market by 2028 and even have an impact on U.S. debt markets, Coinbase analysts projected in a Thursday report. The forecast, published by the exchange’s research arm led…
Bitcoin’s Price Teeters Around $114K Amid US-EU Trade Deal Indifference In the ever-evolving landscape of digital currencies, Bitcoin recently experienced a notable fluctuation, with its price narrowly focusing around $11,400. Despite significant geopolitical events such as the new trade agreement between the United States and the European Union, the cryptocurrency market has demonstrated a surprising…
Fed chair candidate Lindsey: The facts have changed since the recent labor data. High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and…
WTI Oil Forecasts – Markets Gain Ground As Crude Inventories Drop Brent oil climbed towards the $67.00 level. WTI oil gains some ground as traders react to the EIA report, which indicated that crude inventories decreased by -6 million barrels from the previous week. From the technical point of view, WTI oil is slowly sliding…
Aptos Partners With Bitso to Access Stablecoin Markets in Latam The partnership between Aptos and Bitso will allow the blockchain, which caters to cost-conscious users, to access Latam stablecoin markets that handle billions in transactions. Aptos aims to capture a share of the U.S.-Mexico corridor activity, which involves millions of transactions made by numerous users….
Hyperliquid Now Dominates DeFi Derivatives, Processing $30B a Day Data provider RedStone has released a new report on Hyperliquid, the decentralized perpetuals exchange that has quickly become the category leader. In just a year, Hyperliquid has grown to capture more than 80% of the decentralized perps market, with daily trading volumes now topping $30 billion,…
