Zagabond, founder of Azuki, wrote on the X platform: "This is not just Azuki's story - this is Web3's story. The spirit of decentralization born of Ethereum, built by all of us. After a few months of writing in retreat, the Azuki World Bible is complete. Can't wait to share our story with the world." The picture is a file picture titled "Azuki World Upgrade V1.01".
Citibank said in its latest report that stablecoins not only have the potential to solidify the dominance of the U.S. dollar, but also challenge the claim that bitcoin will one day end its dominance. "Initially, cryptocurrencies such as Bitcoin were seen as competitors to central bank-issued currencies. In fact, some believed - and still believe - that Bitcoin could end the hegemony of the US dollar. However, USDT is challenging that claim....
Spot gold rallied to a new all-time high above $2,550 on Sept. 12, after US inflation figures were again higher than expected and initial jobless claims rose, confirming bets that the Federal Reserve would cut interest rates next week. "The combination of ECB interest rate cuts, a small increase in initial jobless claims and PPI was enough to push gold to a new all-time high," said Ole Hansen, head of commodity strategy at Saxo Bank. After Wednesday's announcement of a pick-up in CPI for August,...
Bloomberg senior ETF analyst Eric Balchunas posted on the X platform that the letter from members of the US House of Representatives to SEC Chairperson Gary Gensler not only mentions Ethereum ETFs, but also mentions "other digital assets", which is interesting. It will be interesting to see how far and how quickly the ETF industry can push the boundaries (which is what it is good at), and it will hopefully not be surprising if US lawmakers seize the SEC's loopholes and submit various tokens to t...