Revolutionizing Stablecoins: Ethena ICOs Aims for $300M Goal Quick Look Ethena ICO’s $300M Goal: Transforming Stablecoins introduces the Synthetic Dollar (USDe), offering a stable, scalable, and censorship-resistant digital currency. With $6.5M already raised in their token sale, Ethena has shown significant progress towards their ambitious funding target. Addressing Stablecoin Challenges
Unraveling the Mystery: Xi Jinping’s Cryptic Statement Causes a Stir Description: This week, Chinese President Xi Jinping spoke with American executives on Wednesday in a bid to short up confidence in the economy. He said that his country was “healthy and sustainable” and listened carefully to concerns from the leaders
Breaking Down the Latest US Inflation Numbers: February PCE Core Inflation at 2.8% Y/Y, Surprising Expectations! Description: Prior month 2.8% (revised to 2.9%)PCE core m/m +0.3% vs +0.3% expected (unrounded +0.261%)Prior m/m core +0.4% (revised to +0.5%)Headline PCE +2.5% y/y vs +2.5% expected (prior 2.4%). Headline m/m +0.3% vs +0.4%
Uncovering the Uncommon: A Holiday-Induced PCE Report in a Thin Market Introduction It’s Good Friday and that means that equities, bonds, and futures are closed. Of course, the FX market isn’t, but it’s thinned out in a big way, which means the PCE report at the bottom of the hour
My Forex Fund Fiasco: Will the CFTC Face the Same Sanctions as the SEC in the Debt Box Case? Description: After the Securities and Exchange Commission (SEC) was sanctioned earlier this month, with orders to pay the legal costs of DEBT Box, the Commodity Futures Trading Commission (CFTC) is now
Uncovering the Truth Behind Japan’s Weakening Currency: Insights from Finance Minister Suzuki Japan finance minister Suzuki says speculative moves may be behind JPY weakness Japan has been grappling with a weakening currency in recent times, and Finance Minister Suzuki has shed some light on the possible reasons behind this trend.
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