US pressures EU to tap emergency diesel stockpiles

The US President Donald Trump administration told European allies to release diesel from national emergency stockpiles, Bloomberg reported on Thursday.

Gold recovers above $4,150 as US yields retreat ahead of US September jobs data

Gold price (XAU/USD) rises to near $4,180 during the early Asian session on Friday. The precious metal rebounds as US Treasury bond yields retreat from multi-decade highs.

The Japanese Yen gains little from a hot Tokyo inflation report

Tokyo's core inflation rate came in at 2.7% against a 2.4% forecast, a beat that should have done more for the Yen than it did. USD/JPY slipped back below 158.00 on the release and is still up on the week.

Fed’s Logan: Policy rate must increase by additional 50 bps or more

Federal Reserve (Fed) Bank of Dallas President Lorie Logan said on Thursday that the central bank will need to raise short-term borrowing costs by at least another half of a percentage point to turn monetary policy "modestly restrictive" and get inflation back on track to the target.

Japan Tokyo CPI ex Fresh Food (YoY) above expectations (2.4%) in September: Actual (2.7%)

Citi and Coinbase automate stablecoin-to-fiat conversion for US institutions

Citigroup and Coinbase have announced automated stablecoin-to-fiat conversion for US institutional clients, letting Citi business clients accept stablecoins without holding crypto.

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Bitcoin holds near $83,000 as Zcash tumbles 12%; traders eye PCE and payrolls

Bitcoin held above $83,000 on 29 September while Zcash fell 12% and the 10-year Treasury yield stayed at its highest since 2007, with PCE inflation data and the jobs report next.

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CFTC updates crypto FAQs, allowing tokenised customer funds and blockchain recordkeeping

The CFTC's staff divisions say customer funds may be invested in tokenised assets with equivalent rights, and staff will not object to onchain recordkeeping.

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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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