Gemini exchange has introduced three new digital assets: USAT, a US-regulated dollar stablecoin backed by Anchorage Digital Bank; XAUt, a tokenized gold asset representing physical gold stored in Swiss vaults; and USDT0, a cross-chain version of Tether operating on LayerZero’s infrastructure. This expansion allows investors to access these stablecoins and tokenized gold in one platform, simplifying asset management and enabling cross-chain transfers across multiple networks including Arbitrum. While this broadens investment options, users should consider risks such as reliance on bank reserves for USAT, trust in gold backing for XAUt, and infrastructure dependency for USDT0.
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
