XAUUSD Fed’s interest rate decision in focus The USD is about to end the week in the greens against its counterparts, recovering losses of the past two weeks.
On a fundamental level, we note for the USD the market worries for the possibility of Trump imposing tariffs on US imports once inaugurated. Should such worries amplify, we may see the USD gaining further. DXYUSDTXAUUSDGOLD Follow me, you, get everyday market updates!
USDT $43 billion injected in the crypto market. What does it mean? The top two stablecoins - USDT and USDC - increase their supply $34 billion and $9 billion respectively over the last year. 🤯
Why does this matter? Such increase in stablecoin market size is a sign of: Higher liquidity and market activity, which often precedes a bull market; A sign of increase DeFi activity, including DeFi lending; A positive health check for the crypto market sentiment.
BTCUSDT Indian Exchange Hacked WazirX India’s Safe Multisig wallet on the ETH network has been compromised A total of 234.9M has been moved to a new address. the suspicious address has swapped PEPE, GALA, and USDT to ETH and continues to swap other digital assets.