Resolv Labs, the firm behind the $450 million decentralized finance ( DeFi ) protocol Resolv, has closed a $10 million seed round to expand its crypto-native yield platform and USR stablecoin, the team told CoinDesk in an exclusive interview. The investment round was led by Cyber.Fund and Maven11, with additional backing from Coinbase Ventures, Susquehanna's subsidiary SCB Limited, Arrington Capital, Gumi Cryptos, NoLimit Holdings, Robot Ventures, Animoca Ventures and others. Stablecoins, a $230 billion and rapidly expanding class of cryptocurrencies with pegged prices to an external asset, are capturing attention well beyond their traditional use in payments and trading. A growing cadre of crypto protocols offer yield-bearing stablecoins or "synthetic dollars," wrapping diverse investment strategies into a digital token with a stable price and passing on part of the earnings to holders. "I view stablecoins as the perfect rails for yield distribution," Ivan Kozlov, founder and CEO of Resolv, said in an interview with CoinDesk. "This may actually become larger than transaction stablecoins like [Tether's] USDT in the future." The most notable example of the trend is Ethena's $5 billion USDe token, which primarily pursues a delta-neutral position by holding cryptocurrencies like BTC, ETH and SOL and simultaneously shorting equal size of perpetual futures, scooping up yield from funding rates. Resolv also pursues a similar strategy: its USR token, anchored to $1, is a delta-neutral stablecoin designed to deliver stable yields from crypto markets, while shielding holders from sharp price swings. The protocol achieves this by splitting risk between two layers, inspired by Kozlov's background in structured products in traditional finance. USR stablecoin holders sit in the less risky senior tranche earning stable but lower yields, with risk-tolerant investors in the protocol’s insurance layer represented by the RLP token with floating price. This model, borrowed from structured finance, aims to make crypto yields more predictable without sacrificing decentralization, Kozlov explained. Following its launch in September 2024, the protocol quickly ballooned to over $600 million in assets driven by attractive yields during the crypto rally after Donald Trump's election victory, DefiLlama data shows. However, as markets turned bearish and yields compressed, Resolv's total value locked (TVL) also slid around $450 million this month. With the new capital raise, Resolv plans to expand its yield sources to include bitcoin (BTC)-based strategies and deepening its integrations with institutional digital asset managers, Kozlov said. The protocol also aims to expand to new blockchains, widening its reach beyond early crypto adopters.
Key takeaways: AAVE price prediction for 2025 could reach a maximum value of $236.92. By 2028, AAVE could reach a maximum price of $724.99. In 2031, AAVE will range between $1,971 to $2,404. Aave is a leading decentralized finance ( DeFi ) protocol on the Ethereum blockchain . It is known for its innovative financial solutions, such as flash loans, which allow users to borrow instantly without collateral, and dynamic interest rates that adapt to market conditions. Participants in the Aave ecosystem can deposit their digital crypto assets back into liquidity pools to earn their interest payments or obtain loans by borrowing funds without providing collateral. Aave’s governance and fee distribution are significantly driven by its native token, AAVE, enhancing its utility and value within the platform. Having touched its ATH at $666.86 in May 2021, how much will AAVE be worth in 2025? Is AAVE worth holding? Let’s get into the Aave technical analysis and predictions. Overview Cryptocurrency Aave Ticker AAVE Current price $135.27 Market cap $2,042,639,115.01 Trading volume (24-h) $175,167,074.24 Circulating supply 15,100,390.79 AAVE All-time high $666.86 on May 19, 2021 All-time low $26.02 on Nov 5, 2020 24-hour low $132.87 24-hour high $141.65 Aave price prediction: Technical analysis Metric Value Volatility (30-day Variation) 12.13% 50-day SMA $176.28 14-Day RSI 39.72 Sentiment Bearish Fear & Greed Index 29 (Fear) Green days 14/30 (47%) 200-Day SMA $223.5 Aave 1-day price analysis: AAVE shows signs of stabilization but faces key resistance Key takeaways AAVE consolidates near $135, with resistance at $140. RSI/MFI is near the oversold region, with a possible bounce imminent. MACD is still bearish, with no clear reversal yet. Aave 1-day price chart: AAVE remains below the 20-day moving average AAVE/USDT is currently trading around $135.27 on April 16, slightly above the lower Bollinger Band at $118.37, indicating low volatility and potential consolidation after a recent downtrend. The price remains below the 20-day moving average ($146.58), suggesting continued bearish pressure. AAVE The RSI sits at 40.13, showing weak momentum but not yet oversold. Recent small-bodied candles reflect market indecision, with neither bulls nor bears in full control. Unless AAVE breaks above the $140–$146 resistance range, upward moves may be limited. A drop below $130 could trigger a retest of support near $118. Aave 4-hour price chart: AAVE shows mild recovery attempts in the short-term This 4-hour chart of AAVE/USDT shows mild recovery attempts after a drop, with the price now at $135.59. It’s still trading below the 20-period SMA at $138.67, which remains a near-term resistance level. The recent green candles suggest slight buying pressure, but overall momentum is weak. AAVE shows mild recovery attempts in the short-term The MACD is still in bearish territory, though the histogram is slightly decreasing in red; there’s no clear bullish crossover yet, so momentum remains negative. Meanwhile, the Money Flow Index (MFI) is at 30.96, near oversold levels. This indicates limited selling strength but not a confirmed reversal. Overall, AAVE might be stabilizing, but a break above $138–$140 is needed to shift short-term sentiment. Aave technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $139.62 SELL SMA 5 $147.05 SELL SMA 10 $141.84 SELL SMA 21 $153.71 SELL SMA 50 $176.28 SELL SMA 100 $231.51 SELL SMA 200 $223.52 SELL Daily exponential moving average (EMA) Period Value Action EMA 3 $135.87 SELL EMA 5 $139.19 SELL EMA 10 $147.68 SELL EMA 21 $160.53 SELL EMA 50 $187.54 SELL EMA 100 $211.71 SELL EMA 200 $209.15 SELL AAVE price analysis conclusion Is AAVE a good investment? Aave provides the essential infrastructure for lending and borrowing within DeFi, expanding beyond traditional applications into gaming, NFTs, and dApps. Its AAVE token plays a vital role in powering the platform, making it a strong choice for investors due to its proven market success and continuous development. Where to buy AAVE? AAVE tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Aave is Binance , one of the world’s largest cryptocurrency exchanges, offering a wide range of cryptocurrencies. Coinbase, ByBit, OKX, Kraken and KuCoin also support AAVE. Why is AAVE up? The AAVE price candles show a price dip after facing resistance at $148.03. However, AAVE might see some recovery soon, having recently bounced off support at $132.88. AAVE price history | Coinmarketcap Will Aave reach $500? Aave (AAVE) can potentially reach $500 if it breaks through the current resistance levels and gains momentum from positive market sentiment and trends. AAVE had previously reached an ATH of $666.86; attaining $500 should be an achievable feat in the near term if market conditions align. Does Aave have a good long-term future? Aave shows potential for a good long-term future, given its ability to stabilize and recover after significant declines. The consistent support of around $116 indicates resilience and potential for future growth. Recent news/opinion on AAVE eBTC goes live on the AAVE network, allowing users to hold a replacement token for staked Bitcoin on ether.fi The first Bitcoin LRT by @ether_fi is live on @aave , backed by LBTC, powered by @veda_labs . https://t.co/JocUm5ZBuQ — Lombard | LBTC (@Lombard_Finance) April 3, 2025 Aave price prediction April 2025 Aave could experience an uptrend in April, reaching a peak price of $167.92 at the end of the month. The minimum price projected for the coin is around $147.71, while the average is around $163.26. Aave price prediction Potential Low Average Price Potential High Aave price prediction April 2025 $147.71 $163.26 $167.92 Aave price prediction 2025 In 2025, the value of AAVE might reach a maximum of $236.92, a minimum of $198.98, and an average of around $206.75. Aave price prediction Potential Low Average Price Potential High Aave price prediction 2025 $198.98 $206.75 $236.92 Aave price prediction 2026-2031 Year Minimum Price ($) Average Price ($) Maximum Price ($) 2026 290.05 300.39 345.26 2027 413.06 428.08 494.47 2028 631.52 652.92 724.99 2029 931.9 958.02 1,090 2030 1,371 1,419 1,612 2031 1,971 2,042 2,404 AAVE price forecast for 2026 According to the AAVE price forecast for 2026, Aave is anticipated to trade at a minimum price of $290.05, a maximum price of $345.26, and an average trading price of $300.39. AAVE price prediction for 2027 The AAVE protocol price prediction for 2027 indicates a continued rise, with minimum and maximum prices of $413.06 and $494.47, respectively, and an average price of $428.08. AAVE price prediction for 2028 Per expert analysis, the price of Aave is expected to reach a minimum of $631.52 in 2028. The maximum expected AAVE price is $724.99, with an average price of $652.92. AAVE price prediction for 2029 The AAVE forecast for 2029 estimates a minimum price of $931.9, a maximum price of $1,090, and an average price of $958.02. AAVE price prediction for 2030 The AAVE price prediction for 2030 suggests a minimum price of $1,371 and an average price of $1,419. The maximum forecasted AAVE price is set at $1,612. AAVE price prediction for 2031 The AAVE price prediction for 2031 anticipates a surge in price, resulting in a maximum price of $2,404. Based on expert analysis, investors can expect an average price of $2,042 and a minimum price of about $1,971. Aave Price Prediction 2025-2031 AAVE market price prediction: Analysts’ AAVE price forecast Firm 2025 2026 Changelly $203.18 $313.64 DigitalCoinPrice $298.01 $351.61 CoinCodex $166.36 $69.18 In 2025, AAVE price predictions vary widely, with Changelly forecasting $203.18, DigitalCoinPrice expecting $298.01, and CoinCodex estimating a maximum price of $166.36. The upward trend is expected to hold in 2026, as Changelly predicts $313.64 and DigitalCoinPrice anticipates $351.61. However, the forecast from CoinCodex suggests a cautious approach in 2026, as the coin could drop to $69.18. Cryptopolitan’s Aave (AAVE) price prediction According to our AAVE price forecast, the coin’s market price might reach a maximum value of $320 by the end of 2025. In 2028, the average AAVE price could surge to about $650. AAVE’s historic price sentiment AAVE price history ⏐ Coinmarketcap Aave, originally launched as ETHLend in 2017, rebranded in 2018 and became a major player in DeFi. Its protocol went live in 2020, and by August, its total value locked had reached $1 billion. The coin reached an ATH of $666.86 in 2021 but slumped afterward. Aave v3 launched in March 2022, driving prices back up to $261 before fluctuating between $50 and $100 later that year. In 2023, AAVE saw steady growth, ending the year at $109. It continued its upward trend in 2024, peaking at $178 in September and hitting a high of $328 by December. In early 2025, AAVE peaked at $378 in January before dipping to $202 at the start of February and closing the month at $192.57. In March, AAVE touched a high of $238.73 and a low of $152.08. At the time of writing, April 2025, AAVE is trading between $132.87 and $141.65.
Pi Network emerged as one of the biggest weekend winners from Bitcoin’s surge to $85,000, notching a sharp 43% rally to $0.78—solidifying its position as an altcoin front-runner . Risk-on sentiment has made a return with Trump’s 90-day tariff pause, and PI has been among those reaping fresh retail liquidity and earning renewed attention in the “best crypto to buy” debate. But this momentum has stalled with continued escalations in the US-China trade war. The new week has seen BTC and PI slip back to $83,500 and $0.61, respectively. Why Pi Network is So Closely Tied to Bitcoin The broader Pi ecosystem continues to struggle with adoption. Its price action remains largely speculative, lacking a meaningful use case to drive long-term growth. Pi Network also faces untapped demand, with major exchanges like Binance still withholding a listing despite 86% approval in a community vote. As such, PI is prone to heightened volatility and short-term trading pressure. While most altcoins typically move in tandem with Bitcoin, PI coin moves particularly close with exaggerated moves. PI Coin Price Analysis: Can Pi Network Hit $1 This Week? PI could be en route to reclaiming $1 following a breakout from the descending channel that has guided its downtrend since late February. PI / USDT 1-day chart, descending channel breakout. Source: TradingView. While the initial breakout momentum has faltered with resistance at the 20SMA, the pattern has yet to be broken. It still forecasts potential highs around $1—a 60% gain from current levels. While early momentum has stalled at resistance from the 20SMA, the pattern remains intact. It still forecasts potential highs around $1—a 60% gain from current levels. In the near term, however, Pi appears vulnerable to further downside. The Relative Strength Index (RSI) was rejected at the neutral line and has slipped deeper into bearish territory at 40—a sign that selling pressure continues to dominate the short term. The MACD follows suit, adopting a negative trajectory. While it hasn’t yet crossed below the signal line, the fading momentum leaves room for further pullback before a downtrend forms. A retest of the channel’s upper boundary now looks pivotal. If it holds, it could act as a springboard for a rebound back to the 20SMA. But if it fails, the pattern risks invalidation. Therefore, any further downturn in Bitcoin could drag Pi Network lower. Keep Your Eyes on This New ICO When the Bull Market Returns Any trader hedging their risk likely features Bitcoin (BTC) as a major part of their portfolio, especially as altcoins like Pi Network continue to fall. While Bitcoin provides stable gains, it often sacrifices upside potential—that’s where Bitcoin Bull (BTCBULL) comes in, offering a fresh way to capitalize on BTC tailwinds. True to its name, Bitcoin Bull ties its tokenomics to Bitcoin’s price growth in a deflationary model. The project burns tokens and distributes BTC airdrops whenever Bitcoin reaches key milestones—starting at $125,000 and triggering new rewards for every $25,000 climb thereafter. With some analysts forecasting BTC highs of $1 million by 2030, BTCBULL could become a Bitcoin Maxi’s best friend. With over $4.7 million raised in its initial few months, the project is already gaining strong momentum—potentially credited to its 91% APY on staking that rewards early investors. Next X board meeting gonna be lit. pic.twitter.com/HdMJurt3M0 — BTCBULL_TOKEN (@BTCBULL_TOKEN) April 15, 2025 You can keep up with Bitcoin Bull on X and Telegram , or join the presale on the Bitcoin Bull website . The post Can Pi Network Hit $1 This Week? Bitcoin’s Strength Might Be the Key appeared first on Cryptonews .
COINOTAG reported on April 16th that CryptoQuant disclosed a substantial decline in whale holdings, with a notable decrease of 30,000 bitcoins over the past week. This significant shift underscores a
Crypto investment firm DWF Labs has announced a significant expansion into the American market with the opening of a new US office in New York. DWF Labs Expands to US with New York Office, Invests $25M in Trump-Backed World Liberty Tokens As part of its strategic entry, DWF Labs has invested $25 million in governance tokens from World Liberty (WLFI), a blockchain project backed by the Trump family. The firm stated that the expansion is in line with its goal of strengthening relationships with U.S. banks, growing its trading and compliance teams, and providing liquidity support for USD1 stablecoins. “DWF Labs is committed to increasing market liquidity and encouraging greater institutional adoption of digital assets,” the company said in a statement. The World Liberty project, which is tied to the family of former President Donald Trump, has attracted significant attention in crypto and political circles. With the investment from DWF Labs, WLFI is expected to gain further momentum in governance and ecosystem development. The move also reflects DWF Labs’ broader efforts to expand its footprint in regulated markets, as the firm seeks to navigate the evolving landscape of U.S. crypto regulation while forging deeper ties with traditional financial institutions. *This is not investment advice. Continue Reading: Crypto Investment Firm DWF Labs Invests in Trump-Backed World Liberty Tokens! Here Are the Details
Cryptocurrency investors are no strangers to volatility, but understanding currency fluctuations in traditional markets can offer valuable insights into broader economic trends. Bank of America (BofA) has recently highlighted a crucial development: the Turkish Lira’s volatility sensitivity has seen a lasting impact, signaling potential ripples across emerging markets and beyond. What does this mean for the global financial landscape, and how might it intersect with the world of digital assets? Decoding Turkish Lira Volatility Sensitivity: What’s Happening? BofA’s analysis points to a significant shift in how the Turkish Lira reacts to global economic events. Volatility sensitivity , in this context, refers to the degree to which the Lira’s value fluctuates in response to market news, geopolitical developments, and shifts in investor sentiment. The key takeaway is that the Lira’s reactions have become more pronounced and persistent, indicating a potentially deeper structural change in its market behavior. This isn’t just a fleeting blip; BofA suggests a lasting impact . Here’s a breakdown of what contributes to this heightened sensitivity: Economic Policy Uncertainty: Turkey’s economic policies have faced scrutiny, leading to investor nervousness and a quicker trigger for Lira fluctuations. Geopolitical Risks: Regional instability and Turkey’s geopolitical positioning amplify market reactions to global events. Reduced Investor Confidence: Concerns about inflation and central bank independence have eroded investor confidence, making the Lira more vulnerable to sell-offs. Global Market Sentiment: As a part of emerging markets, the Turkish Lira is susceptible to shifts in global risk appetite. When investors become risk-averse, currencies like the Lira often bear the brunt. To visualize this, consider a simplified scenario: Event Previous Lira Reaction Current Lira Reaction (Heightened Sensitivity) US Federal Reserve Rate Hike Announcement Moderate Lira depreciation Significant and rapid Lira depreciation Geopolitical Tension Spike Noticeable Lira weakening Sharp and prolonged Lira weakening Positive Global Growth Data Slight Lira appreciation Limited Lira appreciation, quickly offset by other factors Why Should Crypto Investors Care About Emerging Markets Currency Instability? You might be wondering, what does the Turkish Lira’s volatility sensitivity have to do with cryptocurrencies? The answer is multifaceted and deeply relevant: Early Warning System: Currency instability in emerging markets can act as a barometer for broader global economic stress. If traditional currencies in certain regions are experiencing heightened volatility, it can signal potential shifts in global capital flows and risk sentiment that could eventually impact even the crypto market. Safe Haven Narrative: In times of fiat currency turmoil, cryptocurrencies, particularly Bitcoin, are sometimes viewed as alternative stores of value or “safe havens.” Increased currency risk in traditional markets could strengthen this narrative and drive interest in digital assets. Capital Controls and Crypto Adoption: In countries facing severe currency depreciation, governments might implement capital controls to stem outflows. Historically, such measures have, in some cases, inadvertently fueled cryptocurrency adoption as individuals seek ways to bypass restrictions and preserve their wealth. Macroeconomic Interplay: The crypto market, while often seen as separate, is increasingly influenced by macroeconomic factors. Emerging markets currency crises can contribute to global economic uncertainty, which can, in turn, affect investor behavior across all asset classes, including cryptocurrencies. BofA Analysis: Unpacking the Implications of Lira Sensitivity BofA’s analysis isn’t just about diagnosing the problem; it’s about understanding the potential consequences. The lasting impact on lira sensitivity suggests that this isn’t a temporary issue that will simply resolve itself. Here are some key implications BofA likely considered: Increased Cost of Borrowing: Heightened volatility makes it riskier for Turkey to borrow in international markets, potentially increasing borrowing costs and further straining the economy. Inflationary Pressures: A weaker and more volatile Lira can exacerbate inflation as import prices rise, creating a vicious cycle. Impact on Turkish Businesses: Businesses operating in Turkey face increased uncertainty, making investment and long-term planning more challenging. Potential for Contagion: While not always the case, currency crises in one emerging market can sometimes trigger concerns about others, leading to broader market instability. Navigating the Waters of Volatility: Actionable Insights While predicting currency movements with certainty is impossible, understanding the dynamics of Turkish Lira volatility and its sensitivity provides valuable context. Here are some actionable insights for those watching the crypto and broader financial markets: Stay Informed on Macro Trends: Keep an eye on global macroeconomic developments, including inflation, interest rate policies, and geopolitical events. These factors increasingly influence both traditional and crypto markets. Monitor Emerging Markets: Pay attention to currency movements and economic indicators in emerging markets like Turkey. They can offer early signals of potential shifts in global risk appetite. Diversification Remains Key: In volatile times, diversification across asset classes, including a mix of traditional and digital assets, can be a prudent strategy. Understand Risk Tolerance: Be realistic about your risk tolerance and adjust your investment strategies accordingly. Volatility can present opportunities, but also significant risks. The Lasting Echo of Lira Volatility: A Summary Bank of America’s note on the lasting impact of Turkish Lira volatility sensitivity serves as a stark reminder of the interconnectedness of the global financial system. While focused on the Lira, the underlying themes of economic policy uncertainty, geopolitical risks, and investor confidence are relevant across numerous markets, including the cryptocurrency space. By understanding these dynamics, crypto investors can better navigate the inherent volatility of digital assets and make more informed decisions in an increasingly complex world. The urgent situation with the Turkish Lira highlights the importance of staying vigilant and adaptable in the face of global economic shifts. To learn more about the latest Forex market trends, explore our article on key developments shaping currency risk and institutional adoption.
For cryptocurrency enthusiasts and investors keeping a close eye on global markets, the movements in Asia FX are crucial indicators of broader economic sentiment. Just as crypto markets react to global cues, traditional Forex markets offer valuable insights into risk appetite and economic health. Recently, Asia FX has been navigating a complex landscape, with currencies showing mixed performance amidst tariff anxieties and the release of strong China GDP figures. Let’s dive into what’s shaping the Emerging Markets currency scene and what it means for the financial world. What’s Fueling the Fluctuations in Asia FX Markets? The Asia FX market is currently a battleground of opposing forces. On one hand, positive economic data from China, a major engine for the Asian economy, should typically boost regional currencies. On the other hand, the ever-present specter of tariffs and trade tensions casts a shadow, dampening investor enthusiasm. Let’s break down the key factors: Tariff Uncertainty: The ongoing global trade dynamics, particularly concerning potential tariffs, are creating a risk-averse environment. Uncertainty about trade policies can significantly impact export-oriented Asian economies, leading to currency volatility. China’s Economic Data: China’s latest GDP figures have shown resilience, often exceeding expectations. This positive data should, in theory, support the Yuan and other Asian currencies linked to China’s economic performance. Global Risk Sentiment: Overall global market sentiment plays a vital role. When investors are optimistic, they tend to move towards riskier assets, including Emerging Markets currencies. Conversely, risk aversion leads to capital flight from these markets. Domestic Economic Factors: Each Asian economy has its own unique set of domestic factors influencing its currency, including interest rates, inflation, and political stability. The Curious Case of the Yuan: Strong GDP, Weak Currency? The Yuan’s recent performance presents an interesting paradox. Despite a robust China GDP report, the currency has shown weakness, falling past key levels. Why is this happening? Several factors could be at play: Factor Impact on Yuan Tariff Worries Negative: Tariffs directly threaten China’s exports, weakening the Yuan’s outlook. Capital Outflows Negative: Uncertainty can trigger capital flight from China, reducing demand for the Yuan. Monetary Policy Divergence Potentially Negative: If other major economies tighten monetary policy while China maintains or loosens its stance, it can make the Yuan less attractive. Market Sentiment Negative: Even with strong GDP, negative market sentiment due to global uncertainties can outweigh positive data. It’s important to remember that currency markets are forward-looking. While current GDP data is positive, concerns about future trade relations and global economic headwinds might be weighing more heavily on the Yuan right now. Tariffs: The Unpredictable Wildcard in Emerging Markets Tariffs act as a significant source of anxiety for Emerging Markets , particularly in Asia. These economies are often heavily reliant on international trade, and tariffs can disrupt supply chains, reduce export competitiveness, and ultimately impact economic growth. Consider these points: Trade Wars Impact: Escalating trade tensions or the imposition of new tariffs can trigger immediate negative reactions in Asia FX markets. Currencies of countries heavily involved in the trade disputes are particularly vulnerable. Supply Chain Disruption: Tariffs can force businesses to rethink their supply chains, potentially shifting production away from tariff-affected regions. This can lead to economic restructuring and currency adjustments. Investor Confidence: The unpredictable nature of tariff policies erodes investor confidence in Emerging Markets . This can lead to decreased investment and currency depreciation. For investors, monitoring tariff-related news and announcements is crucial for understanding potential shifts in Asia FX and Emerging Markets in general. The ripple effects of tariff policies can be far-reaching and swift. China GDP: A Beacon of Hope or a Fleeting Glow? China’s Gross Domestic Product ( China GDP ) figures are always closely watched, and recent data has been encouraging. Strong China GDP growth is generally seen as a positive sign for the global economy, especially for Asian nations that are deeply integrated into China’s economic orbit. However, it’s essential to consider the nuances: Growth Composition: The quality and composition of China GDP growth matter. Is growth driven by sustainable domestic consumption, or is it heavily reliant on exports that could be vulnerable to tariffs? Policy Support: Government policies play a significant role in shaping China GDP . Fiscal and monetary stimulus measures can boost growth in the short term, but their long-term sustainability needs to be assessed. Global Context: Even strong China GDP growth might not be enough to fully offset negative global headwinds, such as a broader global economic slowdown or persistent trade tensions. While a healthy China GDP is undoubtedly a positive factor for Asia FX and the global economy, it’s crucial to view it within the larger context of global economic and political uncertainties. Navigating the Asia FX Landscape: Key Takeaways The Asia FX market is currently characterized by a tug-of-war between positive economic indicators and persistent global uncertainties. Here are some key points to keep in mind: Volatility is Expected: Expect continued volatility in Asia FX as markets react to evolving trade dynamics, China GDP data releases, and shifts in global risk sentiment. Yuan Under Watch: The Yuan’s performance will be particularly telling. Its ability to withstand tariff pressures and maintain stability will be a key indicator for the overall health of Asia FX . Emerging Markets Sensitivity: Emerging Markets currencies, in general, remain sensitive to global risk factors. Monitoring global trade developments and investor risk appetite is essential. Diversification is Key: For investors, diversification across different Asia FX currencies and asset classes can help mitigate risks in this uncertain environment. Conclusion: Asia FX – Riding the Waves of Uncertainty Asia FX markets are currently mirroring the broader global economic climate – a mix of underlying strength and overlying anxiety. While robust China GDP offers a foundation of support, the shadow of tariffs and global trade uncertainties continues to loom large, particularly impacting the Yuan . Navigating this landscape requires a keen understanding of these opposing forces and a vigilant eye on evolving global dynamics. Just as in the crypto world, information and agility are your greatest assets in the ever-shifting world of Asia FX and Emerging Markets . To learn more about the latest Forex market trends, explore our articles on key developments shaping Asian currencies amidst global trade uncertainties.
Bitcoin price is under pressure as U.S. retail sales data is released. Continue Reading: Bitcoin Stumbles as U.S. Retail Sales Data Puts Pressure on the Market The post Bitcoin Stumbles as U.S. Retail Sales Data Puts Pressure on the Market appeared first on COINTURK NEWS .
Global markets are bracing for a pivotal 24-hour stretch on Wednesday, awaiting a reaction from a confluence of economic data releases and US central bank commentary. The spotlight will be on US retail sales figures, the UK’s and Eurozone inflation data, and a speech from Federal Reserve Chair Jerome Powell. Investors are also closely watching President Donald Trump’s recent overture to Chinese President Xi Jinping. They hope Trump’s proposal for renewed negotiations with Beijing could de-escalate a bruising tariff war that has rattled markets for a fortnight. Bond yields surge, market nerves rattle The US bond market is sending warning signals. Yields on the 10-year Treasury note have soared to 4.6%, while the 30-year yield breached the 5% mark. These levels have reignited fears of tightening financial conditions. The spike in yields caps a volatile stretch that saw long-term borrowing costs jump more than 50 basis points last week alone. Markets expect the Federal Reserve to step in, but the central bank is still “cautious.” Fed Governor Christopher Waller recently admitted there is a risk of America falling into a recession. Still, he wasn’t concerned about inflation because the central bank could jump in to stabilize financial conditions. Other Federal Reserve officials have taken a more hawkish stance, pointing to rising short-term inflation expectations as a concern. St. Louis Fed President Alberto Musalem warned that these could “seep” into longer-term expectations that could compel the central bank to maintain interest rates or consider additional hikes. Behind the scenes, questions continue to swirl on China’s role in recent Treasury market movements. As the largest foreign holder of US government debt after Japan, owning an estimated $760 billion in securities, Beijing’s potential unloading of US Treasurys could swing markets downwards. Chen Zhao, chief global strategist at Alpine Macro, believes the plan to cash out bonds is already in play. “I think China is weaponizing the Treasury holding already ,” Zhao told CNBC. “ They sell US Treasurys and convert the proceeds into Euros or German bunds .” Retail sales and production data in focus, Powell’s speech follows Wednesday brings the release of March retail sales and industrial production figures at 12:30 PM UTC. Markets will pay particular attention to the retail numbers, which are seen as a measure of consumer behavior after Trump slapped a baseline 10% tariffs on most US imports. The data precedes the White House pausing many of the additional levies for 90 days, except those on China. Later in the day, Jerome Powell will deliver his speech at the Economic Club of Chicago. Scheduled for 05:30 PM UTC, the address marks his second appearance in less than two weeks, and investors will be watching for any deviation from his earlier stance. Powell’s last remarks on April 4 came just days after Trump had announced his “Liberation Day” tariffs, shortly before a partial rollback in response to market fallout. At that time, Powell admitted that tariffs could upend inflationary pressures and slow economic growth, saying the central bank would have to “wait and see” how the future rate moves. The speech and Q&A that follow are expected to influence trading, particularly in bond and equity markets already reeling from extreme volatility reminiscent of the pandemic-era financial disruptions. Central banks in Canada and Europe policy decisions Outside the US, the Bank of Canada is due to announce its latest policy decision at 01:45 PM UTC. Markets broadly expect zero changes, but some analysts predict the BoC will cut its 25-basis-point rate to 2.50%. In Europe, the Eurozone will publish its final March inflation numbers this Thursday. No surprises are expected, with attention now turned from inflation to growth concerns linked to the ongoing US-China trade war . Similarly, the UK’s March Consumer Price Index will be released, with expectations for a slight moderation in inflation. If consensus forecasts hold, the Bank of England will likely proceed with a policy rate cut at its May meeting. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
A recent Reuters report reveals that China holds 15,000 bitcoin ( BTC) confiscated through criminal investigations. However, officials are currently entangled in deliberations over how to handle these digital assets, as cryptocurrency trading remains prohibited in the country. Local Governments in China Sit on Bitcoin Fortune, Face Legal and Strategic Gridlock Reuters reports that municipal