Gold and silver prices increased on Friday afternoon, supported by a retreat in crude oil prices and a softer U.S. dollar, despite markets pricing in a high chance of a Federal Reserve rate hike next week. Spot gold rose 0.73% to around $4,347 an ounce, and silver gained 1.28% to about $64.26. The August U.S. inflation report met expectations, calming risk appetite and lifting equity markets, while oil prices fell about 3% after hitting a four-month high. The market remains cautious, with gold and silver needing to break key resistance levels for a sustained rebound amid ongoing geopolitical tensions affecting oil supply and inflation expectations.
On September 11, institutional investors shifted funds from Bitcoin ETFs, which saw $13.29 million in outflows, to Ethereum ETFs, which gained $216 million. This rotation suggests a change in preference rather than a broad market exit, with Bitcoin E...
XRP's price volatility has sharply decreased ahead of the US Senate's vote on the CLARITY Act and the Federal Reserve's interest rate decision, causing the price to stabilize around $1.34–$1.37. Historically, such low volatility phases for XRP have l...
Since September 9, 2026, borrowing USDe to convert into sUSDe and stake it on Aave has become unprofitable, as borrow rates (6.02%-6.39%) now exceed the staking yield (5.01%). This change followed a governance recommendation that raised the USDe base...
Bank of Hawaii has boosted its earnings by nearly 40% this year, driven by improved net interest margins and a strong portfolio of legacy fixed-rate assets. The bank's loan book is mostly secured by real estate with low loan-to-value ratios, reducing...
Circle announced it will discontinue the legacy version (CCTP V1) of its USDC cross-chain transfer bridge by December 1, 2026, with transfer caps starting to fall on October 31. For USDC holders on the Cosmos chain Noble, all contracts will halt by J...
