Singapore Dollar: Bearish bias against US Dollar

United Overseas Banks (UOB) Quek Ser Leang and Lee Sue Ann note USD/SGD surged to 1.2784 and closed at 1.2783, its largest one-day gain in three months, with strong momentum despite overbought conditions. Their Singapore Dollar (SGD) Nominal Effective Exchange Rate (NEER) model suggests USD/SGD should trade between 1.2725 and 1.2785 intraday, while the 1-3 weeks view stays constructive as long as the pair holds above support at 1.2710.  Discover more  Fintech  FINANCE  News  Dollar strength tests key Singapore levels  “24-HOUR VIEW: While we held the view yesterday that USD ”could edge higher,“ we pointed out that ”it remains to be seen if it can break above 1.2755.“ However, during the NY session, USD rallied sharply to 1.2784 before posting its largest one-day gain in three months as it closed at 1.2783 (+0.42%). While strong momentum could outweigh the current deeply overbought conditions, it remains to be seen whether USD can reach 1.2800. Given the overbought conditions, the next resistance at 1.2835 is unlikely to come under threat. Support is at 1.2760; the next support at 1.2740 should hold for now.”  “1-3 WEEKS VIEW: Tracking our positive view from last Friday, we highlighted two days ago (15 Sep, spot at 1.2700) that ”the price action suggests that

09-18انڈسٹری

Optimism just approved the upgrade its Superchain needs before interoperability can go live

Optimism approved Upgrade 20, moving its fault-proof system toward the architecture required for future Superchain interoperability.  Related Asset Optimism #121 OP · $0.10 24-hour change: up 8.93% Loading price history… 24H Up 8.93% 7D Up 5.70% 30D Up 22.67%  The Ethereum layer-2 networks governance completed voting on Sept. 16, putting OP Sepolia, Ink Sepolia, Soneium Minato and Unichain Sepolia on course for a targeted Sept. 17 contract upgrade. Mainnet execution is scheduled for Sept. 24 if the new system completes a healthy seven-day testnet soak.  The change moves fault proofs from Output Root Dispute Games to Super Root Dispute Games, altering how OP Stack chains challenge incorrect state before withdrawals are finalized back to Ethereum. Optimism describes the upgrade as a prerequisite for interoperability because Super Roots can eventually represent multiple chains at the same timestamp.  Related Asset Ethereum ETH · $2,447.64 24-hour change: up 2.22%  That interoperability remains a later step. Upgrade 20 keeps each chains dispute infrastructure separate, and each new game still contains the Output Root of a single chain. By making the dispute-system transition now, Optimism aims to avoid modifying that security layer again when it activates cross-chain interoperability.  The release also bundles changes to Optimisms contracts manager and SystemConfig, including safeguards

09-18انڈسٹری

Aurora Intents adds one-signature execution on Sui

Aurora Intents has added Sui as a destination for one-signature cross-chain transactions, extending access to a solver network that Aurora Labs says has routed more than $30 billion.  SummaryUsers can fund and complete actions on Sui from supported external chains with one signature.Intents Connect removes separate bridging, wallet switching and SUI gas management from the process.NEAR Intents supplies the liquidity, settlement system and chain connections behind the service.Sui applications can use the integration for lending, trading, staking and yield-based products.  In a Sep. 17 press release shared with crypto.news, Aurora Labs said its Intents Connect product can now route supported assets from other blockchains directly into applications built on Sui.  Rather than leaving users with bridged funds in a Sui wallet, the system can deliver the assets into a completed position. Depending on the application, a transaction could end with the user lending an asset, entering a trade, or depositing funds into a yield product.  The company said users do not need to open a separate bridge, change wallets, or obtain SUI tokens to manage network fees. Intents Connect handles the process through the application the user already has open, while NEAR Intents provides the underlying liquidity, settlement, and connections between chains.  You might also

09-18انڈسٹری

Raydium rallies 12% as earnings hit yearly high – RAYs next move depends on THIS

Raydium [RAY] has continued to pull one of the strongest moves in the market, with gains that have seen it surge by a double-digit percentage of 12%, according to CoinMarketCap. RAY‘s gains have closely followed the protocol’s performance in terms of Earnings and utility.  The Earnings data, which measures the Gross Profit from the incentives paid out, shows that the protocol has generated roughly $3.87 million so far in September, marking its highest gain in a year, a level it last saw in September 2025. The gain comes as its total reaches $23.26 million.  Source: DeFiLlama  One of the major influencing factors that has pushed the asset to this level has been the growth in LaunchLab, the infrastructure that enables the launch of tokens on Raydium, with Stonk.fun being a major platform.  DeFiLlama data shows that roughly $2.64 million has funded RAY Buybacks in the market, with LaunchLab contributing 25% of the capital. When the protocol has a strong performance at this level, it adds to the overall sentiment in the market, contributing to the asset performing decently in the near term.  Discover more  Compare Exchange Rates  Open Trading Account  FINANCE  Spot selling puts RAY under pressure  Investors in the market are taking advantage of the rally, with data from

09-18انڈسٹری

Brazilian Real: 200-DMA capping losses against US Dollar – Societe Generale

Societe Generale‘s technical team notes USD/BRL’s decline stalled near 4.88 in May and the pair has since traded within a base. Price action struggles above the 200-day moving average, signalling weak upside momentum. They flag 5.23 as critical resistance for confirming a broader uptrend, while the recent pivot low at 5.04 is seen as important support.  Base formation with key resistance  “USD/BRL decline stalled around 4.88 in May, and the pair has recently evolved within a base. However, it has so far struggled to establish itself above the 200-DMA, highlighting a lack of steady upward momentum. The upper boundary of this base at 5.23 represents a key resistance.”  “A move above this hurdle will be crucial to confirm a broader uptrend. The recent pivot low at 5.04 could be a crucial support.”  “In Brazil, the central bank lowered the Selic rate by 25bp to 13.75%, delivering its fifth straight cut. The statement did not provide new insights and so our house view remains that policy is now on hold.”  “The next meeting is on November 4th after the presidential election (runoff on 4th and second round due on 25 October). The tightening by the Fed has narrowed the easing window for the BCB. Our house

09-18انڈسٹری

Analyst Says Bitcoin ETFs Could Triple Gold. What Does It Mean for BTC Price?

Bloomberg senior ETF analyst Eric Balchunas says Bitcoin ETFs will eventually hold three times as much money as gold ETFs. At todays levels, that is a huge call.  Global gold ETFs held about $615 billion at the end of August. Three times that would put Bitcoin ETF assets near $1.85 trillion, roughly 19 times from current levels.  If the Bloomberg analyst is right, how much will Bitcoin price potentially gain?  Sponsored  Sponsored  3 Reasons Why Bitcoin ETFs Can Catch Gold  Balchunas points to three forces behind his forecast:Bitcoin has the younger investor base.A 2026 Pew survey found 26% of Americans aged 18–29 and 28% aged 30–49 had used crypto, compared with just 10% of people over 50. Balchunas expects that younger group to control more wealth over time.Institutional money still has room to grow.Professional investors accounted for about 21% of US Bitcoin ETF assets in Q1. Investment advisers held the equivalent of 150,000 BTC, while bank exposure had quadrupled year-on-year.Bitcoin ETFs have a powerful distribution machine.US funds have attracted about $54.6 billion in net inflowssince launch, helped by issuers including BlackRock and Fidelity pushing Bitcoin through traditional investment channels.  Yes. Heres why: 1) btc leans younger, gold older 2) it will get used more by big money

09-18انڈسٹری

StablecoinX ENA lock-up ends permanently on Oct. 5

StablecoinX has secured a permanent waiver ending the 48-month lock-up on its ENA holdings from Oct. 5, 2026, while leaving separate controls on token sales in place.  SummaryOct. 5 will bring StablecoinXs ENA holdings onto the same unlock schedule as other holders.The waiver removes lock-up, vesting, and scheduled-release rules covering the companys ENA.StablecoinX must provide five business days notice before using ENA for an approved funding sale.Ethena Foundation retains consent rights over sales, transfers, loans, hedges, and other uses of the tokens.  StablecoinX ENA restrictions will end on Oct. 5  StablecoinX said in a Sep. 17 X post that it had filed a Form 8-K detailing a waiver signed with Ethena OpCo and the Ethena Foundation.  Under the SEC filing, the parties signed the waiver letter on Sep. 14, with the changes scheduled to take effect on Oct. 5.  The agreement permanently removes all lock-up, vesting, and unlocking restrictions on ENA held by, or due to be delivered to, StablecoinX and its subsidiaries. Covered tokens include ENA that the company acquired through private investment in public equity agreements linked to its business combination with TLGY Acquisition Corp.  You might also like:  Ethena Pay launches beta with rates up to 6%  A 48-month contractual lock-up and its installment-based release

09-18انڈسٹری

Kevin OLeary says Congress will revisit Clarity early next year as crypto tax bill advances

SummaryKevin OLeary expects lawmakers to revisit the Clarity Act after the midterm elections.He pointed to the House Ways and Means Committees crypto tax bill as a key reason he believes market-structure legislation will return.“Once you tax, you‘ve got to have policy,” O’Leary said, arguing that rules for taxing activities such as staking will increase pressure for regulatory clarity.  Shark Tank host and veteran investor Kevin O‘Leary said he’s convinced the Clarity Act will eventually advance in the Senate and could return as soon as the first quarter of next year.  Speaking at the Avalanche Summit in New York on Thursday, O‘Leary said he didn’t expect the bill to advance on Tuesday, when it received 49 of the 60 Senate votes needed to proceed.  “The chances of Clarity passing, in my view, were zero, and that‘s what happened,” O’Leary said.  The legislation sought to establish a broader federal framework for crypto markets, including the roles of the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC).  But OLeary sees the failed vote as a delay rather than the end of the bill. He pointed to a separate crypto tax bill that advanced in the House this week as one reason he believes lawmakers will

09-18انڈسٹری

Ethereum Founder Vitalik Buterin Says AI Wont Doom Crypto Security

In briefVitalik Buterin rejected the idea that AI-powered hacking means cybersecurity is doomed.He argued that AI could make formal verification practical across entire software systems.The comments build on Ethereums push toward AI-assisted security, privacy, STARKs, and quantum resistance.  Ethereum co-founder Vitalik Buterin says AI does not spell the end of cybersecurity, arguing instead that advanced models could help make crypto software harder to break.  In a Wednesday post on X, Buterin argued that AI will not give hackers an insurmountable advantage, adding that crypto holders—including himself, with roughly 90% of his net worth in crypto—are betting that security defenses can keep pace.  Myriad: Ethereums next move? Click to make your prediction.  “Its an increasingly common take that AI hacking means cybersecurity is doomed,” Buterin wrote. “I disagree. I think cybersecurity is naturally defense-favoring once people get their shit together.”  Buterin argued that AI could make formal verification—the use of mathematical proofs to establish that software is secure—practical even for complex systems.  “If AI can prove Navier-Stokes and FLT, then AI can prove the statement ‘this program is secure’ as a mathematical theorem,” he wrote. “Even if the program is very complicated.”  In other words, Buterin believes AI sophisticated enough to solve famously difficult mathematical problems could also

09-18انڈسٹری

SEC, CFTC and FDIC accelerate U.S. crypto adoption amid CLARITY Act delays

Although the CLARITY Act – a proposed legislation in the United States aimed at regulating the cryptocurrency industry – stalled in a major Senate vote earlier this week, key federal regulators – including the Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), and Federal Deposit Insurance Corporation (FDIC) – have declared actionable and rule-based initiatives to speed up crypto market adoption in the country.  On September 17, 2026, the U.S. SEC announced that it has granted a temporary and conditional exemptive relief to Tokenized Securities Venues (TSV) such as Robinhood Markets, Inc. (Nasdaq: HOOD) and Coinbase Global Inc. (NASDAQ: COIN). The agency said that these exemptions are set to expire five years, or September 17, 2031.  “The division stands ready to work with interested parties seeking to operate a TSV and field questions from investors and market participants,” Jamie Selway, Director of the SEC Division of Trading and Markets, highlighted.  On Thursday, the CFTC issued indefinite industry-wide no-action relief protecting non-custodial software and wallet developers from registration as introducing brokers or associated persons. As such, tech providers routing users to CFTC-regulated exchanges without holding customer funds will not face enforcement action for operating without traditional broker registrations.  Additionally, the FDIC cleared the

09-18انڈسٹری
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