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Major Project Updates: 🔹Hyperliquid launches canonical outcome markets with validators as the source of truth, removing third-party oracle dependencies. 🔹Berachain introduces PoL Next to streamline tokenomics and minimize inflation. 🔹Base rolls out Base MCP, enabling AI agents to swap, trade, and connect to leading Base apps. 🔹Pump expands to USDC pairs and multichain trading across Ethereum, Base, BNB, and more. 4/6
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FX reserves exist for a reason: to stabilize currencies, absorb external shocks, pay foreign debts. Stablecoins are doing something similar - but outside central banks, outside correspondent banking, outside legacy rails. The BIS confirmed it: cross-border stablecoin flows have grown substantially since 2022, sharpest in high-inflation and capital-restricted markets.
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A group that channels Gen Z concerns has gone viral in India, overtaking Instagram followers of the ruling Bharatiya Janata Party and discussing issues like politics, inflation and unemployment — with a touch of humor
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New Federal Reserve chair Kevin Warsh faces pressure to signal readiness for rate hikes as inflation readings climb, according to ING's Chris Turner
New Federal Reserve chair Kevin Warsh faces pressure to signal readiness for rate hikes as inflation readings climb, according to ING's Chris Turner
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🔊India’s “Cockroach Party” has gone viral, with over 23M followers in 10 days. 🪳 From a judge’s remark to a Gen Z movement tapping anger over jobs, inflation and politics - but does it matter beyond social media? Watch on the @Reuters World News podcast:
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This creates a win-win scenario for #metals#: If the stock market continues to rise: #Gold# and #silver# will rise alongside it, driven by the "#money# printing machine" and nominal #inflation#. If the #stock# #market# enters a bear market: Gold and silver will solidify their status as the ultimate safe havens.
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ECB to revise inflation, growth forecasts, its chief economist says
Sri Lanka stuns with 100-bp rate hike as Iran war rattles currency, fuels inflation
And the #crazy# part is: just a few years ago, $50 or $60 could get a family of four a pretty decent meal at a sit-down restaurant. But now, because inflation has gone up so much while salaries haven’t kept up—and for some people, salaries have effectively gone #down—things# that used to be affordable are no longer affordable. #McDonald’s# becoming a “#luxury”# is already a sign of how much has changed. The same thing is happening with eating out in general. Back then, a working-class family could go out to eat maybe once a month. Now even that can feel like a luxury. Places like Applebee’s or Cheesecake Factory used to be treated as “cheap” or even a joke—people would say #things# like, “If your boyfriend takes you to Applebee’s, dump him.” But today, that attitude doesn’t even make sense anymore, because Cheesecake Factory is expensive too. Eating out has become a middle-class luxury, not something normal.
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