US Dollar Weekly Forecast: Investors shift their focus from jobs to CPI

The week that was  Joy cant last forever, can it?  The US Dollar (USD) rapidly faded its prior gains and resumed its marked downside this week, with the US Dollar Index (DXY) coming close to its psychological 100.00 barrier, only to see that dream turn to ashes as market chatter reignited speculation that the Bank of Japan (BoJ) might hike its policy rate at its next meeting.  But nobody, or nearly no one, said anything about a potential FX intervention by the MoF-BoJ duo.  Not even fresh tensions in the back-and-forth scenario in the Middle East were able to give the buck any fresh legs.  And then came Christopher Waller and John Williams, begging markets for patience while favouring the statu quo being left unchanged for now. Well, at the Federal Reserves (Fed) next meeting.  Furthermore, the severe correction in the US Dollar has practically ignored the weekly developments from the US bond market, where US Treasury yields remained in the upper end of their recent range despite their mixed performance.  It is not the labour market, stupid!   The sharp rebound of the US Dollar Index soon after Nonfarm Payrolls (+162K) was just that: a robust, albeit temporary, bounce.  It was clearly indicative of how surprisedmarket participants were

09-05Industry

Can the 21-bank stablecoin rival USDT and USDC?

A planned dollar stablecoin backed by 21 global financial institutions will begin with regulatory resources, corporate relationships, and international payment connections. Four industry executives told crypto.news, however, that institutional backing will not guarantee adoption unless the token can match the liquidity, accessibility and portability already offered by USDT and USDC.  SummaryThe 21-member consortium plans to launch its dollar stablecoin during the first half of 2027.Experts said established banking relationships could help the token gain early institutional distribution.Interoperability, wallet support, and reliable redemption will determine whether it circulates beyond member banks.The consortium must identify who carries legal responsibility for reserves, redemptions, and transaction failures.USDT and USDC could lose market share even as bank-issued tokens expand the overall stablecoin market.  The consortium committed to forming a new stablecoin company during the second half of 2026, subject to closing conditions. Its members include Bank of America, Citi, Goldman Sachs, Deutsche Bank, UBS, and other financial institutions across North America, Europe, Asia, Africa, and the Middle East.  The unnamed venture intends to launch a US dollar-denominated stablecoin during the first half of 2027. It may later introduce stablecoins tied to other G7 currencies, with a euro-denominated token listed as its first expansion priority.  The consortium has not disclosed

09-05Industry

GitHub Unveils HydraFusion AI Workflow Optimization

Jessie A Ellis  Sep 04, 2026 16:41  GitHubs Project HydraFusion offers multi-model orchestration for efficient coding task execution, reducing costs by up to 67%.  GitHub has introduced Project HydraFusion, a research preview aimed at revolutionizing AI-assisted coding through adaptive multi-model orchestration. Announced on September 4, 2026, HydraFusion dynamically selects and optimizes execution plans across multiple AI models, achieving notable cost savings while maintaining high-quality outputs.  HydraFusion works by evaluating each coding task and determining whether it requires direct resolution, iterative critique, or escalation to more powerful models. This approach reportedly balances performance, cost, and latency, allowing developers to focus solely on their tasks without manual model selection. In controlled benchmarks, HydraFusion demonstrated significant efficiency gains, cutting costs by up to 67% while improving performance by 4.9 percentage points in TerminalBench 2.1 compared to the Claude Opus 5 baseline.  How HydraFusion Works  The system orchestrates workflows using three key patterns: Single (direct solution by one model), Cascade (escalation to stronger models if needed), and Critique (drafting and review by separate models). Each pattern is tailored to specific quality-to-cost trade-offs, with HydraFusion dynamically choosing the least complex yet effective option for each task.  For example, in the Cascade pattern, an efficient model drafts a solution, which is then vetted

09-05Industry

Trezor Confirms 67,000 More US Users Impacted in ShipMonk Leak

The newly identified records cover orders made between November 2019 and August 2021.Exposed data includes names, emails, phone numbers, shipping addresses, and order numbers.Trezor claims ShipMonk confirmed old records were deleted, but data remained.  On September 4, Trezor said that the ShipMonk data breach affected about 67,000 more US customers than first thought, making it bigger than originally reported.  The newly identified records cover orders made between November 2019 and August 2021. The data exposed includes full names, emails, phone numbers, shipping addresses, and order numbers.  Trezor says ShipMonk informed it about the larger breach on September 2. The hardware wallet company says it had repeatedly asked ShipMonk to delete that customer data and had gotten written confirmation that it was done. However, apparently, those records were still present in ShipMonks systems.  This is Much Larger Than the Original Disclosure  The original breach in August affected around 13,689 customers. Of those, 11,742 had their name, email, phone, and shipping address fully exposed, while 1,947 had less detailed information compromised.  Discover more  exchange-traded funds  NEWS  Merchant Services & Payment Systems  Not only does the new information make this a much bigger incident, but it also calls into question how long third-party providers hold onto data.  Trezor had previously mentioned a 90-day retention

09-05Industry

Why South Africa Is Emerging as One of Africas Fastest-Growing Online Gaming Markets

South Africa sits right at a crossroads where people use mobile phones a lot, with digital payments improving, and gambling has been part of the culture long before the digital era. As per a Grand View Research report, the countrys online gambling market generated about $1.54 billion in 2025. Besides, the report showed that it is expected to grow at 7.6% annually through 2033.  Put together, it‘s no surprise South Africa is becoming one of Africa’s most watched online gaming markets. So, here we explore the potential factors that are driving the growth and how the industry is set up.  The Market Fundamentals — Why South Africa Is Different  South Africa might not be perfect, but its got solid digital and financial systems backing it up. World Bank data shows its 2025 GDP per capita was about $6,598, far higher than the Sub-Saharan average of $1,673. On top of that, nearly 8 out of 10 South Africans were online in 2024. And by 2025, GSMA expected smartphones to make up 76% of all mobile connections, beating the regional average.  This digital base sits just right next to a well-established gambling industry. The National Gambling Board recorded R59.3 billion in gross gambling revenue for 2023/2024,

09-05Industry

PLTR Price Prediction: $188 Next Stop — Then a Reckoning With the Valuation Wall

Timothy Morano  Sep 04, 2026 10:31  PLTR is coiling at $181.97 after a 6.71% surge, with derivatives positioning screaming short-side conviction — but the fundamentals are genuinely “otherworldly.” The next 7 days likely test $188.42…  PLTRs Technical Reality Check  The chart on Palantirs tokenized stock tells two stories at once — and right now, theyre fighting each other.  Price is sitting at $181.97, wedged almost perfectly between its 7-day SMA ($181.73) and 20-day SMA ($178.85), which means the short-term trend is essentially flat after a violent August that launched the underlying stock more than 51%. The SMA 50 at $158.22 and SMA 200 at $143.53 are both well below, confirming that the larger bull structure is rock solid — this is a stock thats been repriced structurally higher, not just pumped. The question now is whether current levels are consolidation before the next leg or a distribution topping pattern.  Momentum indicators tell a cautious tale. Buyers are hesitating near mid-range — not panicking, not pressing aggressively. The MACD histogram has gone completely flat, signaling the post-earnings burst of momentum from early August has fully exhausted. The EMA 12 ($180.03) is barely above the EMA 26 ($174.32), confirming a bull trend thats alive but decelerating. Stochastic at

09-05Industry

Bitcoin ETFs Record Highest Daily Inflow Day Since January, $730.9M in One Session

Key Insights:Bitcoin ETFs pulled in $730.9M in one session, marking their biggest single-day inflow since January 14.BlackRocks IBIT led with $454M, while Ethereum ETFs added another $141.4M as institutional demand strengthened.BTC surged above $81,000 as $448M in short positions were liquidated, with whale selling pressure remaining relatively subdued.  Spot Bitcoin ETFs have posted their biggest single-day inflow since January, a clean $730.9 million on Thursday. It seems whales have just woken up and are stacking hard.  Bitcoin ETFs have logged $730.9 million in net inflows, the largest haul since January 14 and the third-biggest of 2026, according to SoSoValue data.  Bitcoin ETF Netflow | Source: SoSoValue  BlackRock‘s IBIT led the charge with $454 million, grabbing 62% of the total. ARKB followed with $137.7 million, while Fidelity’s FBTC added $74.4 million. Only VanEck‘s HODL and WisdomTree’s BTCW saw outflows.  This inflow day comes shortly after Bitcoin ripped from below $77,000 and touched $82,200, its highest level since May 15. The funds have gained nearly 6% across the board as total net assets crossed $103 billion for the first time.  Discover more  Currencies & Foreign Exchange  Exchange Traded Funds  Merchant Services & Payment Systems  BlackRock Bitcoin ETF Leads With $454M Haul as BTC Price Rips Higher  BlackRock product (IBIT) took the lions share,

09-05Industry

Cathie Wood Buys $82M of Rocket Lab and Block in ARK Shift

Cathie Wood is using the latest growth-stock pullback to make a concentrated bet on two very different parts of the innovation trade.  ARK Invest bought about $44.5 million of Rocket Lab and $37.4 million of Block, putting roughly $82 million into commercial space and fintech while simultaneously reducing positions in Palantir and AMD. The trades suggest more than opportunistic dip-buying: ARK is shifting capital toward companies with major execution catalysts still ahead.  The Rocket Lab purchases totaled 705,102 shares across Aug. 31 and Sept. 1, according to ARK trading disclosures cited by Yahoo Finance. The buying came after RKLB had fallen roughly 58% from its May 27 closing high of $150.23 to the low-$60s.  At the same time, ARK bought 456,059 Block shares across ARKK, ARKW and ARKF, worth about $37.4 million based on Mondays trading levels.  Rocket Lab offers a much cheaper SpaceX alternative  Rocket Labs attraction is increasingly about more than launch.  Its latest quarterly results showed record Q2 revenue of $234 million, up 62% year over year, while backlog reached a record $2.36 billion. The company also said it had secured more than $437 million of additional launch contracts across Electron, HASTE and Neutron.  The larger catalyst is Neutron, Rocket Lab‘s medium-lift rocket intended

09-05Industry

South Korea sets February 2027 rollout for Tokenized securities — Details

Traditional assets like stocks and bonds are all set to exist in tokenized forms in South Korea. Regulators have introduced a roadmap for the same.  Heres what we know.  Legal recognition for tokenized securities  South Koreas Financial Services Commission [FSC] has introduced a three-phase roadmap to build the infrastructure needed for issuing tokenized securities. The plan covers assets such as stocks, bonds, and funds.  Under the upcoming changes, tokenized securities will receive legal recognition as digital representations of traditional securities.  The updated rules under the Act on Electronic Registration of Stocks and Bonds are scheduled to come into effect on February 4, 2027.  A three-phase plan by the FSC  The first phase will focus on giving legal recognition to tokenized securities. This will include institutional money market funds, bonds, unlisted stocks, and fractional investment securities.  The second phase will help expand tokenization to all publicly offered securities. In the final phase, the country will explore on-chain payments connected with stablecoins.  The roadmap is part of amendments to the Capital Markets Act and the Electronic Securities Act. Before the rollout begins, the FSC will work with the Korea Securities Depository [KSD] to develop the systems required for issuance and management.  In their press release, they also stated,  The FSC plans to introduce

09-05Industry

Token buybacks are booming. But are they good for crypto projects?

As the industry matures and borrows more pages out of TradiFis playbook, crypto projects are starting to adopt some of the behaviors of public companies.  The latest craze rocking cryptoville is token buybacks: using revenue to buy back your own token.  So far in 2026, crypto projects have spent about $640 million on the practice, up around 17% from the same period the year prior, and an order of magnitude more than the $366,000 spent in 2024. Hyperliquid and Pump.fun accounting for almost 90% of the current spend.  So whats the sudden appeal?  Buybacks can create demand for a token, while burns can reduce the supply making each token more valuable. That dynamic can cause upward pressure on the token price.  It also gives holders a more tangible connection to the economic activity on the underlying protocol. Orest Gavryliak, chief legal officer at decentralized exchange aggregator 1inch, tells Magazine:  “When projects implement revenue-funded buybacks and burns, they typically have one of two objectives in mind: either to decrease the token supply in circulation or to demonstrate the rationale for investing in protocol revenues.”  Gavryliak says that telling users a project has “bought and burned tokens” is “much more straightforward” than explaining how governance rights work, how fees

09-04Industry
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