Dow Jones Industrial Average gives back Friday's rally on a Boeing delay

A software bug at Boeing (BA) cost the Dow Jones Industrial Average more points than a record $150 billion buyback at Nvidia (NVDA) put back. The index closed just under 51,500, handing back about two-thirds of Friday's rally.

Gold price crashes as 2007-era yields trigger brutal sell-off

Gold (XAU/USD) begins the week on the back foot, tanking over 3.4% on Monday as US Treasury yields soar and Oil prices remain elevated despite falling from daily highs amid mixed news headlines about a potential US-Iran deal. The XAU/USD trades at $4,139 after peaking at $4,280.

Big chinese banks ending retail leveraged Gold and Silver futures trading

At least a dozen large Chinese banks plan to end leveraged precious metals futures contracts.

Nomi Prins: Fed rate hike doesn’t change Gold’s long-term outlook

On a recent episode of Money Metals Weekly Market Wrap, the Money Metals podcast, host Mike Maharrey spoke with Nomi Prins about higher interest rates, rising oil prices, Treasury market strain, and accelerating government debt.

Ethereum Price Forecast: BitMine holdings top 6 million ETH amid geopolitical tensions

Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) now holds over 6 million ETH following another round of weekly acquisitions of the top altcoin.

Bitget restarts Bitcoin withdrawals four days after $388M hack

Bitget restarts Bitcoin withdrawals in phases after a $388M exploit; XRP stays frozen as stolen tokens move, with the remaining services due by 2 October.

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Binance buys $100 million Circle stake in five-year USDC promotion deal

Binance bought $100 million of Circle stock at a discount alongside a five-year deal to promote USDC, per an SEC filing.

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Brussels and Washington’s stablecoin rulebooks edge closer as the ECB targets MiCA’s deposit rule

The ECB and EU central banks want MiCA's 30%/60% stablecoin bank-deposit rule scrapped for liquidity thresholds, moving closer to the US GENIUS Act if adopted.

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ECB to invest part of its own funds in tokenised securities

The ECB is preparing to put part of its own funds into tokenised securities settled in central bank money via Pontes.

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Saudi Arabia’s exit leaves mBridge running without its western architects

Saudi Arabia's central bank has left mBridge, the China-led cross-border CBDC payments platform, after its proof of concept and the BIS's 2024 exit.

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