Global TradFi & Macroeconomics

Ethereum rallied to $2,486 on August 28, its highest level since January, according to TradingView, driven by a $2.7 billion short squeeze across crypto and sustained ETF inflows. ETH climbed roughly 29% off its August low, recovering ground lost in the February crash. US spot Ether ETFs

According to ChainCatcher, Federal Reserve official Hammack stated the Fed should take rate-hiking actions on August 28, warning that further delays would only bring pain. Hammack also noted he does not believe financial conditions are in a restrictive state.

In August, the MSCI global gold miners index surged approximately 43%, outpacing the strongest monthly performances recorded by major semiconductor benchmarks this year. The MSCI World Semiconductor Index gained about 27% in April, while the Philadelphia Semiconductor Index rose roughly 38% during t

According to ChainCatcher, citing a CoinDesk op-ed by Matter Labs' Vassilis Tziokas, the U.S. Senate has delayed the Clarity Act to September, with the market structure legislation failing to complete final voting before the August recess. Digital asset market regulatory rules will take several

Fuel oil futures contracts fell 2% to 3,595 yuan per ton during intraday trading on August 28.

According to BlockBeats, on August 28, Federal Reserve official Hammack advocated for a rate hike, stating that delay would only bring pain.

On Friday morning, U.S. stock index futures showed mixed movements and oil prices retreated, as markets awaited Federal Reserve Chair Powell's speech for policy guidance. South Korea's central bank delivered a hawkish rate hike, pushing the won to a 13-month high, with the central bank governor

On August 27, Nvidia reported fiscal Q2 2027 revenue of $96.2 billion, exceeding analyst estimates of roughly $92.2 billion and more than doubling year-ago figures. The data-center segment generated $89 billion in revenue, a 117% year-over-year increase driven by AI hardware demand. The Nasdaq

Microstrategy (MSTR) shares traded near $137.40 on Thursday as Bitcoin remained above $80,000, extending recent gains. However, Bitcoin skeptic Peter Schiff maintained his bearish stance, arguing that part of the stock rally may reflect short covering rather than fundamental improvement, and

According to Bernstein analysts, IREN's plans to spend $25 billion to $30 billion on AI cloud infrastructure expansion in fiscal 2027 may have "spooked the market," but the firm argues investors are overlooking improving unit economics. Bernstein estimates GPU capital expenditure payback periods hav

According to Fawad Razaqzada, Market Analyst at FOREX.com, gold is trading near $4,601.60 per ounce on August 28 after surging 15% through August, driven by growing concerns over U.S. government debt and a dollar debasement trade. The U.S. Treasury Department's announcement to increase purchases

According to analytics firm Newzoo, the first official Grand Theft Auto 6 preview on Thursday, Aug. 27 generated such massive demand that Netflix and Twitch experienced server outages, while Take-Two shares surged 2.5% in premarket trading on Friday. Global preorders have reached an estimated $260 m

Statistics Canada's website experienced an outage on August 28 following the release of quarterly GDP data. The cause of the disruption was not immediately disclosed.

According to a Kitco News interview, Larry Lepard, Managing Partner at Equity Management Associates, warned that governments have accumulated too much debt to fight inflation using traditional policy tools, leaving currency debasement as the politically likely response. Lepard said the Federal

According to StockTwits, during recent earnings, Marvell CEO Matt Murphy called the company's custom-silicon agreement with Google 'game-changing' and said potential revenue could exceed current forecasts by a significant margin. Murphy stated the Google engagement and warrant opportunity could

According to Bloomberg, Jio Platforms, the digital and telecom company owned by Mukesh Ambani, received an observation letter from India's Securities and Exchange Board (SEBI) on August 28, approving its plan to go public. The company aims to raise up to $4

According to a company spokesman, Bain Capital's Tech Opportunities team has invested $66 million in RQD Clearing, with the firm raising a total of $74 million. The additional funding came from Nyca Partners and ABN AMRO's clearing bank. The investment comes as the US options market expanded 25%

According to a JPMorgan report published on July 24, the bank projects global food inflation could reach approximately 5% on an annualized basis in the first half of 2027, nearly doubling from an estimated 2.8% in the first half of 2026. Two key factors are driving the forecast: disruption to the f

According to the Wall Street Journal, Sheikh Tahnoon bin Zayed Al Nahyan's group holds 49% of WLTC Holdings via StringZ Holding RSC on Aug. 14, when the Office of the Comptroller of the Currency granted World Liberty Trust Company preliminary conditional approval. An entity affiliated with US

The Federal Reserve Bank of New York received no bids in its overnight repurchase operations on August 28.