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Share link:In this post: Emerging-market currencies have delivered their best returns in over a decade, with Brazil’s real gaining over 20% against the dollar. A weaker Fed stance and cautious emerging-market central banks are driving the carry trade’s 10% surge in 2025. Citi remains bullish but warns that a stronger U.S. rebound next year could flip the trend.
Share link:In this post: US Senator Tim Scott says up to 18 Democrats may back the Senate’s Digital Asset Market Clarity Act. The legislation would define how the SEC and CFTC regulate digital assets, including spot crypto markets. Scott expects the bill to be finalized by September, though opposition from Sen. Elizabeth Warren remains strong.
Share link:In this post: Oracle is building massive data centers for OpenAI in a multibillion-dollar deal announced at the White House. The company is spending over $1 billion a year on just one gas-powered site in Texas. TikTok, Uber, Nvidia, and Zoom are also major Oracle Cloud customers.
LIBRA promoters Hayden Davis and Ben Chow had $57.5 million unfrozen by a US judge, causing a brief spike in the coin, while the lawsuit may ultimately fail.
API3; a decentralized oracle solution — has surged nearly 90% in just 7 days. But one bearish metric now threatens to stall the rally.
