Finance Topics

Payments giant Visa announced it will begin supporting four different stablecoins operating on four unique blockchains, expanding its crypto-asset infrastructure amid growing institutional demand.

Circle Internet Group launched its public testnet for the Arc Layer-1 blockchain – a move backed by over 100 major institutions, including BlackRock, Mastercard, Goldman Sachs and Visa.

The precious metals market suffered an unprecedented selloff as gold and silver lost more than $10 trillion in market value in a single day. Extreme volatility pushed gold below $4,400 per ounce and forced Thailand to temporarily halt gold futures trading.

Silver has fallen nearly 38% from its recent peak in just two days, triggering warnings from analysts who point to extreme technical signals. Despite the sharp selloff, the metal still closed the month higher, extending a nine-month rally.

The cryptocurrency market has entered a sharp downturn, with bitcoin falling below $75,000 and roughly $700 billion wiped out in two weeks. Selling pressure is spreading across commodities, equities, and digital assets, fueling fears of deeper losses.

Bitcoin briefly fell below $90,000 amid more than $1 billion in liquidations, even as MicroStrategy and El Salvador ramped up purchases. Forecasts for long-term BTC gains remain sharply divided.

The crypto market extended its sharp decline as Strategy added more bitcoin despite mounting losses, while forced liquidations accelerated across exchanges. Bitcoin’s drop below $70,000 triggered heavy unrealized losses and dragged crypto-linked stocks sharply lower.

Bitcoin has fallen more than $53,000 over the past 120 days, erasing over $1.1 trillion in market value and sliding deeper into a bear market. The decline stands in stark contrast to U.S. stock indices, which remain close to record highs.

Silver has fallen nearly 38% from its recent peak in just two days, triggering warnings from analysts who point to extreme technical signals. Despite the sharp selloff, the metal still closed the month higher, extending a nine-month rally.

Gold surged above $5,600 per ounce for the first time in history following the Federal Reserve’s latest remarks, while silver broke past $120. The precious metals rally has delivered returns that far outpace equity markets.

Gold experienced its most extreme trading session on record as more than $3 trillion in market value vanished within an hour before a massive rebound. Analysts say volatility exceeded levels seen during the 2008 financial crisis.

Gold has surpassed U.S. government bonds in central bank reserves for the first time in at least two decades, according to analysts. The shift underscores gold’s rising role as the primary defensive asset in the global financial system.