Chinese government bonds snapped a weeklong slide after a selloff lifted benchmark yields to the highest level in nine months, fueling bets that the central bank is nearing a return to buying debt. Traders said the late-week rebound followed growing talk that the People’s Bank of China could step back into the market after halting
Lava Network, a decentralized RPC solutions provider, has shared the details of its involvement with Wyoming FRNT stablecoin initiative. Lava Network introduces its Smart RPC Router as an infrastructure backbone for new over-collateralized stablecoin. Lava Network’s Smart Router to fuel Wyoming’s stablecoin FRNT Lava Network, a decentralized RPC Protocol, offers a game-changing solution needed to
U.S. spot Bitcoin exchange-traded funds pulled in roughly $2.3 billion last week, marking the highest weekly inflows since mid-July. The streak ran across all five trading sessions from September 8 to September 12, according to aggregated data from Farside and SoSoValue. BlackRock’s iShares Bitcoin Trust led with just over $1 billion of inflows, while Fidelity’s
Summary Bitcoin fluctuates between $114k and $116k, testing resistance between $115k and $17.5k; support is around $110k to $112k to prevent a dip between $100k and $105k. Due to whale accumulation, stablecoin liquidity, and ETF inflows, a breakout above $117.5k might reach $122k to $130k. Risks include high leverage in derivatives, macro headwinds, and whale
CoreWeave (CRWV) were higher by about 5% in early U.S. trading Monday after the cloud computing company entered into a $6.3 billion deal with Nvidia (NVDA) to guarantee use of its excess server capacity, according to a filing with the Securities and Exchange Commission. Under the agreement, Nvidia will buy any unused computing resources from
Key Takeaways 21X, the first EU-regulated on-chain exchange for tokenized securities, has integrated Chainlink data oracles. This partnership provides real-time, verifiable market data for tokenized securities on the Polygon blockchain. 21X, the first blockchain-based exchange licensed under the EU’s DLT Regime, has adopted Chainlink data oracles to provide real-time, on-chain market data for its tokenized
Ghost AI, a Web3-centered AI-led platform, has partnered with Fomoin, a popular blockchain-based platform for analytics and marketing. The partnership aims to increase consumer engagement while merging cutting-edge blockchain gaming and robust market connectivity. As mentioned in Ghost AI’s official social media announcement, the collaboration indicates a mutual vision of establishing dynamic ecosystems to combine
Bitcoin has been in an active uptrend since the beginning of the month, climbing steadily toward higher resistance levels. However, the momentum could be tested soon as investors begin showing signs of caution. A short-term shift in sentiment may weaken Bitcoin’s grip on the $115,000 support. Bitcoin Holders Move To Sell The distribution among Bitcoin
Chairman of the Hong Kong Institute of Accountants and Financial Reporting, Sun Deji, said that he expects the government to wait a little longer before publishing guidelines on how to audit stablecoins. Summary Accounting and Financial Reporting Council Chairman Sun Deji expects Hong Kong authorities will not rush its stablecoin audit guidelines. Sun Deji expects
Bitcoin’s core software has lowered the default minimum relay fee for transactions, marking one of the most significant changes in years to how cheap it is to move funds across the network. Bitcoin Core 29.1, released on Sept. 4, sets the default minimum relay fee rate to 100 satoshis per thousand virtual bytes (0.1 sats/vB),