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Forex Daily

Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Friday, according to FXStreet data. Silver trades at $50.91 per troy ounce, down 2.42% from the $52.17 it cost on Thursday.

Euro: ECB December hike expectations support EUR – ING

ING’s Francesco Pesole notes that the European Central Bank (ECB) held rates steady but delivered hawkish signals, with President Christine Lagarde hinting at further tightening and officials reportedly ready to raise rates in December.

Market News

Wall Street’s fast money dumped $5.4 billion of Bitcoin ETFs, and it wasn’t a Bitcoin bet

Illustration of a Bitcoin ETF redemption notice on an institutional trading desk, navy and blue financial-terminal style

Nine hedge funds and banks cut 68,000 BTC of Bitcoin ETF exposure as the cash-and-carry basis collapsed, Galaxy Research says, while sovereign funds bought.

The post Wall Street’s fast money dumped $5.4 billion of Bitcoin ETFs, and it wasn’t a Bitcoin bet appeared first on Forex Crunch.

Euronext suspends CoinShares’ Zcash ETP on Paris debut day

Euronext suspends CoinShares’ Zcash ETP on Paris debut day

Euronext Paris suspended CoinShares' Zcash ETP (ZCSH) on its scheduled debut day of 28 October 2026, citing operational settlement requirements.

The post Euronext suspends CoinShares’ Zcash ETP on Paris debut day appeared first on Forex Crunch.

Two dates that decide the EU stablecoin market: 30 October and 12 November

Illustration of two liquidity bands crossing in a financial terminal, one receding and one brightening

USDC now carries 56% of euro-paired stablecoin trading volume, up from 10% in January 2024, as MiCA rules and two approaching dates reshape the EU market.

The post Two dates that decide the EU stablecoin market: 30 October and 12 November appeared first on Forex Crunch.

Canada Floats 1% Cap on Stablecoin Cash-Outs

Stylised clock face with three glowing segments beside narrowing depth bands and exit-channel arrows, in navy with blue and amber accents

Canada's Oct. 24 proposal would force issuers to cash out retail stablecoin holders at par within three business days, with fees capped at 1% and seven days' notice before any change.

The post Canada Floats 1% Cap on Stablecoin Cash-Outs appeared first on Forex Crunch.

SoFi launches SoFi Earn, a tokenised deposit paying 4.40% APY with FDIC protection

Stylised bank facade and glowing token blocks flowing along a chain-link rail toward an order-book depth band

SoFi launched SoFi Earn (SOFIE), a tokenised bank deposit paying 4.40% APY with FDIC protection, convertible one-to-one into its SoFiUSD stablecoin.

The post SoFi launches SoFi Earn, a tokenised deposit paying 4.40% APY with FDIC protection appeared first on Forex Crunch.

 
 
 

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