Author: admin

Tether Holdings, which operates stablecoin USDT, is considering lending to commodity traders as it looks for ways to distribute significant profits. The company is already in touch with several companies in the commodity industry about US dollar financing, the people said. This could transform a market that has relied on credit provided by legacy banks since time immemorial. Tether reinvents commodity trading with USD financing Tether Holdings has reportedly held discussions with several commodity trading companies about the possibility of US dollar financing. This is especially important as small-scale commodity traders often rely on credit facilities to finance the global…

Cryptocurrency Shiba Inu (SHIB) is experiencing a wave of new developments, with investors surprised by the sudden increase in SHIB inflows to exchanges. This move has many speculating that a decline could be imminent, indicating a potential bearish trend for the popular meme token. Amid this uncertainty, the crypto whale has taken the bold step of reallocating $700,000 to another asset, namely WallitIQ (WLTQ), another Ethereum-based token, and will soon launch a pre-sale. I’m refraining. WallitIQ (WLTQ) is a state-of-the-art decentralized cryptocurrency wallet built on the Ethereum blockchain and powered by artificial intelligence (AI) and machine learning (ML) algorithms. This…

According to a well-known Bitcoin (BTC) analyst, ETFSwap (ETFS) token is expected to rise up to 7,000% in October, while XRP price is expected to rise to $1. Bitcoin (BTC) analyst predictions point to exciting times ahead for crypto, but the ETFSwap (ETFS) token stands out with an innovative approach that could lead to even bigger things. There is. ETFSwap (ETFS) is ready for a 7,000% price pump The ETFSwap (ETFS) platform is changing the game by combining decentralized finance (DeFi) with traditional financial markets. Focused on tokenized assets, the ETFSwap (ETFS) platform brings real-world assets such as stocks, bonds,…

Investors and enthusiasts alike are drawn to speculative predictions in the ever-changing crypto ecosystem. Recently, an expert made waves by predicting ambitious price targets for some of the most talked about tokens on the market: Shiba Inu (SHIB) is expected to reach $0.1, Dogecoin (DOGE ) is expected to soar to $12, and WallitIQ (WLTQ) is expected to soar from $0.0171 to $18. These predictions not only highlight the potential for strong returns, but also indicate the factors driving these valuations. WallitIQ (WLTQ): Stay ahead of the market and invest smarter with AI-driven predictions WallitIQ (WLTQ) is set to revolutionize…

Monochrome Asset Management is preparing to launch Australia’s first Spot Ethereum exchange-traded fund (ETF) on the CBOE exchange following approval of the asset in the US market. The Monochrome Ethereum ETF (IETH), which begins trading on Monday 14 October, will offer Australian investors a new way to access cryptocurrencies. New service details “Monochrome hosted a private event in Sydney this week with our service providers, team, and partners to celebrate the upcoming launch of the Monochrome Ethereum ETF,” the company said in an Oct. 11 post on X. I made it. IETH is accessible through most intermediary platforms in Australia…

Anthony Pompliano, founder of Professional Capital Management, believes Tesla’s automation push could be a catalyst for greater adoption of stablecoins. In a recent post, Pompliano highlighted Tesla’s new self-driving cars and humanoid robots, unveiled at Tesla’s Robotaxi Day event, as a potential tipping point for digital currencies. He argued that these innovations could lead to a new era in which stablecoins become the primary transaction medium in a machine-driven economy. Tesla progress = more stablecoin use cases Tesla, led by CEO Elon Musk, unveiled a variety of products at the event, including a driverless CyberCab, a large robovan, and the…

Alex Thorne, head of research at Galaxy Digital, posted on Although the ratings are subjective, they provide a useful summary of the broad differences between each candidate. What is clear is that Harris is more supportive than Biden, which is a decisive victory for the crypto industry. sauce: × “We will present a policy scorecard of the positions of Biden, Harris, and Trump on key issues regarding Bitcoin and cryptocurrencies,” Thorne said. Bottom line: Trump is definitely better for the industry, but we’re optimistic that Harris could be more supportive than Biden. sauce: × Based on our analysis, we believe…

Interest in nuclear solutions is growing, especially from well-capitalized sectors. Some exciting news from peers injected some life into NuScale Power (SMR 6.09%) stock on the first trading day of the week. Investors rushed into NuScale stock, sending the stock up more than 6% over the trading session. By comparison, the benchmark S&P 500 index rose just 0.8% on the day. Google enters nuclear game with Kairos Power The news comes from privately held Kairos Power, which reported Monday that it has signed a development deal with Alphabet Inc.’s Google. A well-known technology company and a nuclear solutions provider are…

Traders work on the floor of the New York Stock Exchange during morning trading in New York City. Michael M. Santiago | Getty ImagesDow Jones Industrial Average futures were mostly flat on Monday night after the blue-chip index closed at a record high.Futures tied to the 30-stock average rose 55 points, or 0.1%. Both S&P 500 futures and Nasdaq 100 futures were trading near the flatline.The moves come after a win on Wall Street that pushed the S&P 500 and Dow to new intraday and closing records. Notably, the Dow Jones Industrial Average added more than 200 points to close…

The community behind Ethereum’s (ETH) synthetic dollar protocol is proposing to add ETH’s top rival to the stablecoin’s reserve assets. According to a new Ethena (ENA) community proposal, the community is considering adding Solana (SOL) as a reserve asset for the USDe-pegged stablecoin USDe. “This proposal recommends allocating USDe support to SOL using substantially the same hedging mechanism as Ethena currently in place on BTC and ETH perpetual futures. The proposed allocation will be expanded slowly in consultation with the risk committee given the short trading history of SOL Perpetual Futures, low liquidity and limited historical funding rate data. ”…