6 Aug 2025, 09:33

XRP Snaps 2-Week Losing Streak as Big Corporates Eye It for Treasury Power

Is XRP Eyeing a Trend Reversal? After two weeks of steady declines, XRP is showing signs of life. The digital asset has officially broken its downtrend streak, reclaiming the crucial $3.14 resistance level, according to market analyst Adex Crypt. Meanwhile, the $2.76 mark, previously the upper boundary of a descending channel, has flipped into solid support, indicating a shift in market sentiment. XRP's recent price action is stirring optimism among traders and investors. The asset surged past key resistance after forming a rounded bottom pattern, typically seen as a bullish reversal indicator. Volume has also ticked upward, suggesting growing confidence behind the move. However, caution still lingers in the market. ”XRP has snapped its 2-week downtrend, reclaiming the $3.14 resistance level, while $2.76 continues to hold firm as support,” Adex crypt noted . “Signs of a potential trend reversal are emerging, but is this the bulls' comeback or just a temporary bounce?” For now, XRP remains in a critical juncture as bulls try to invalidate the broader bearish structure. At the time of this writing, XRP was down by 1.8% in the past 24 hours to trade at $2.95, according to CoinGecko data . Corporate XRP Treasury Commitments Big players, such as Trident Digital, Webus International, VivoPower International, Wellgistics Health, Hyperscale Data, and Worksport Ltd. are moving beyond observation, they’re deploying sizable XRP allocations into their corporate treasuries. Together, these four players anchor nearly $986 million in corporate XRP commitments, with overall disclosed corporate XRPs approaching $1 billion. Institutional Commitment with Real Scale Leading the charge is Singapore‑based Nasdaq‑listed fintech firm Trident Digital Tech Holdings, which has announced plans to raise up to US $500 million to build one of the largest corporate XRP treasuries. That allocation will be used for long‑term reserves, staking, and deeper integration into the Ripple ecosystem. Close behind, Webus International is setting aside $300 million via credit lines and financing to build an XRP treasury and operationalize Ripple-based cross‑border payment solutions. Yield and Liquidity: VivoPower & Wellgistics VivoPower International has earmarked about $121 million from a recent private placement toward XRP. The company intends to stake its XRP on the Flare Network to generate yield, reinvesting that income into its treasury strategy. Meanwhile, Wellgistics Health has secured a $50 million credit line to acquire XRP, aimed at facilitating real‑time payments within its pharmaceutical distribution network and creating a strategic liquidity buffer. Data, DeFi, and Broader Use Cases Hyperscale Data Inc., through subsidiary Ault Capital Group, has committed $10 million in XRP. The goal is to support a DeFi lending platform for publicly listed firms, with loans on‑chain and hedged with futures contracts, underscoring XRP’s role as more than a store of value. Worksport Ltd. has quietly allocated around $5 million from operational cash reserves into XRP and Bitcoin with plans to start accepting XRP payments on its online platform underway, a signal of wanting to integrate crypto into both treasury and commercial operations. What It Means for Corporate Treasury Strategy This wave of allocation marks a clear pivotal point that XRP is now treated as a functional financial tool used for payments, loans, staking, and treasury diversification. Collectively, these six firms have committed nearly $1 billion toward XRP treasury programs, spanning sectors from tech and energy to healthcare and data services. Conclusion Trident, Webus, VivoPower, Wellgistics, Hyperscale Data, and Worksport aren’t sitting on the sidelines, they’re building live XRP treasury strategies. For corporations, XRP is increasingly not just an asset, but a strategic lever woven into treasury, payments, and DeFi infrastructure. Meanwhile, the coming days will be telling as XRP battles to prove whether this breakout above $2.76 has real legs, or is merely a pause before the next leg down.

6 Aug 2025, 09:30

Link Between XRP and Visa Revealed In New Document

Crypto Researcher SMQKE shared an update indicating Visa’s ongoing involvement in digital currency initiatives, including references to RippleNet and the Interledger Protocol (ILP) as possible mechanisms for interoperability in its settlement platform. This development adds to a broader pattern of Visa engaging with cryptocurrency services and infrastructure providers to expand its role beyond traditional payment processing. Visa has previously taken steps to integrate cryptocurrency usage through direct partnerships and network access. One example provided in the documentation shared by SMQKE shows Visa granting principal membership status to the cryptocurrency exchange Coinbase. This membership enables Coinbase to issue debit cards that allow customers to spend their holdings of bitcoin, ether, and XRP at any merchant that accepts Visa. The arrangement removes intermediaries from the process of converting crypto to fiat at the point of sale. Coinbase thus becomes the first cryptocurrency company permitted to issue Visa debit cards not only for its customers but also potentially for other firms, including traditional financial service providers. XRP VISA https://t.co/TqSal7lanJ pic.twitter.com/PyEaShTSQ2 — SMQKE (@SMQKEDQG) August 4, 2025 The Visa Digital Currency Settlement Platform and Interoperability Models The second image attached by SMQKE details an analysis of Visa’s Digital Currency Settlement Platform. According to the information presented, Visa envisions the platform as an interoperability layer connecting central bank digital currencies (CBDCs), public cryptocurrencies, and legacy financial systems. While the exact countries participating were not specified in the document, Visa was listed as the main organization involved. The analysis highlights three interoperability methods under consideration: APIs, bridges, and other options. Specifically, Visa identified the Universal Payments Channel (UPC), RippleNet, and the Interledger Protocol as examples of frameworks that could enable seamless transfers across different types of digital assets and settlement networks. RippleNet is Ripple’s global payments network designed for faster, lower-cost cross-border transactions. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The Interledger Protocol allows for interoperability between disparate ledgers by facilitating the routing of payments without requiring all participants to adopt the same underlying technology. Effect on XRP and the Broader Payments Ecosystem The inclusion of RippleNet and Interledger Protocol in Visa’s exploration of settlement solutions suggests an interest in expanding the ability to settle transactions involving XRP and other digital currencies. While the documentation reviewed by SMQKE does not specify implementation timelines or definitive commitments, the listing of Ripple’s infrastructure alongside Visa’s Universal Payments Channel indicates that Ripple technology is recognized as a viable interoperability option. This approach aligns with Visa’s strategy of positioning itself as a central hub to bridge traditional payment methods with emerging digital assets. The focus on interoperability underscores Visa’s recognition that future payments systems may depend on the ability to route value across multiple networks, including CBDCs , cryptocurrencies, and conventional card rails. Crypto Researcher SMQKE’s tweet, accompanied by the two referenced documents, emphasizes Visa’s strategic efforts to integrate digital currencies into its settlement capabilities. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Link Between XRP and Visa Revealed In New Document appeared first on Times Tabloid .

6 Aug 2025, 09:30

Australian Dollar Soars: RBA Rate Cuts Pave Way for Remarkable Gains

BitcoinWorld Australian Dollar Soars: RBA Rate Cuts Pave Way for Remarkable Gains For anyone tracking global financial shifts, the recent signals from the Reserve Bank of Australia (RBA) have set the financial world abuzz, particularly concerning the future trajectory of the Australian Dollar . Typically, news of impending interest rate cuts might signal weakness for a currency. However, in a fascinating twist, analysts are increasingly pointing towards potential gains for the Aussie dollar. This counter-intuitive outlook presents a compelling narrative for investors and currency traders alike, suggesting a strategic opportunity emerging from evolving monetary policy. Understanding the RBA’s Stance on Interest Rates : What’s Driving the Shift? The Reserve Bank of Australia (RBA) has recently adopted a more dovish tone, signaling that interest rate cuts could be on the horizon. This shift in monetary policy is primarily influenced by several key factors: Inflationary Pressures Easing: While inflation has remained sticky, the RBA has noted a clear deceleration in price growth, particularly in goods. Services inflation remains a concern, but the overall trend suggests that the aggressive rate hikes implemented previously are having their intended effect. Global Economic Slowdown: Weakening global growth prospects, particularly in major trading partners, put downward pressure on Australia’s export-driven economy. Lowering interest rates can stimulate domestic demand and support economic activity in a challenging external environment. Labor Market Dynamics: Although the Australian labor market has remained resilient, there are signs of some softening. The RBA aims to maintain full employment and can use rate cuts as a tool to prevent a significant downturn in job creation. Balancing Act: The RBA is navigating a delicate balance between bringing inflation back to its target band (2-3%) and avoiding a severe economic recession. Signaling future cuts allows the RBA flexibility and can help manage market expectations. Historically, a central bank easing cycle often weakens a currency as it makes domestic assets less attractive to foreign investors seeking higher yields. However, the current scenario for the Australian Dollar is nuanced. Markets have largely priced in these cuts, and the forward guidance provides clarity, reducing uncertainty. Furthermore, if other major central banks (like the Federal Reserve or European Central Bank) are also expected to cut rates, or even cut more aggressively, the RBA’s moves might not be seen as uniquely dovish. Why is the Australian Dollar Poised for Gains Amidst Rate Cuts? This seems contradictory, doesn’t it? A currency strengthening when its central bank is cutting rates. Yet, several dynamics explain this intriguing forecast for the Australian Dollar : “Sell the Rumor, Buy the News” Phenomenon: A significant portion of the RBA’s expected rate cuts has already been factored into the market. Traders often front-run such announcements, selling the currency in anticipation. Once the cuts are confirmed or clearly signaled, the “news” is out, and the selling pressure can abate, leading to a rebound as speculative positions are unwound. Relative Monetary Policy Divergence: The key lies in comparison. If the RBA is perceived to be cutting rates at a slower pace, or starting later, than other major central banks (e.g., the European Central Bank or Bank of England), then the yield differential might not necessarily widen against the AUD. In some scenarios, if the RBA is seen as being more measured, it could even lead to relative strength. Commodity Price Resilience: Australia is a major exporter of commodities, including iron ore, coal, and natural gas. Strong global demand for these resources, particularly from China, provides a fundamental underpinning for the Australian Dollar . If commodity prices remain robust or even rise, this can offset some of the negative pressure from lower interest rates. Improved Global Risk Sentiment: A more stable global economic outlook, even if it involves slower growth, can boost demand for risk-sensitive currencies like the AUD. As a “pro-cyclical” currency, the Australian Dollar often benefits from improving global risk appetite, especially if concerns about a severe global recession recede. Domestic Economic Resilience: Despite the RBA’s caution, the Australian economy has shown remarkable resilience in certain sectors. If the economy avoids a sharp downturn and unemployment remains relatively low, it provides a stable foundation for the currency, even with easing monetary policy . This complex interplay of factors suggests that while the RBA is signaling a pivot, the market’s interpretation, coupled with underlying economic strengths, could propel the Australian Dollar higher. What Does This Mean for the AUD Forecast ? Predicting currency movements is an intricate art, but the current signals from the RBA offer significant clues for the AUD forecast . Analysts are now adjusting their models to reflect the likelihood of easing, and the consensus is leaning towards a more constructive outlook for the Aussie dollar in the medium term. Key elements influencing the AUD forecast include: Timing and Pace of RBA Cuts: The market will closely watch the RBA’s actual actions. A slower, more measured pace of cuts than initially expected could provide more significant upside for the AUD. Commodity Price Performance: Australia’s strong ties to global commodity markets mean that prices of key exports will continue to play a crucial role. A sustained rally in iron ore or energy prices would be a powerful tailwind for the Australian Dollar . China’s Economic Recovery: As Australia’s largest trading partner, China’s economic health is paramount. Any robust recovery in China, especially in its industrial and construction sectors, directly translates to increased demand for Australian resources and thus strengthens the AUD. Global Interest Rate Environment: The relative positioning of the RBA’s interest rates compared to other major central banks (Fed, ECB, BoJ) will be critical. If other central banks cut more aggressively, the AUD’s yield advantage could improve, even with RBA cuts. Many institutional forecasts suggest the Australian Dollar could strengthen against the US Dollar (AUD/USD) in the latter half of the year, potentially moving towards the 0.68-0.70 range or even higher, depending on the factors mentioned above. This positive AUD forecast is a significant shift from earlier predictions of continued weakness. Navigating the Forex Market : Opportunities in Currency Trading For individuals and institutions engaged in currency trading , the anticipated movements of the Australian Dollar present compelling opportunities. Understanding the dynamics at play is crucial for formulating effective trading strategies. Here’s how traders might approach the evolving landscape: Strategy Description Potential Benefit Long AUD Positions Buying the Australian Dollar against currencies where central banks are expected to cut rates more aggressively or maintain lower rates. Capitalize on AUD’s relative strength and potential appreciation. Commodity-Linked Trades Monitoring and reacting to trends in key Australian commodity exports (e.g., iron ore, coal). Strong commodity prices often correlate with a stronger AUD. Leverage fundamental drivers of the Australian economy. Carry Trades (Cautious Approach) While RBA cuts reduce the interest rate differential, if other currencies cut even more, or if risk sentiment improves, cautious carry trades could still be considered. Earn interest rate differential, though less prominent in an easing cycle. Risk-On/Risk-Off Positioning The AUD is often a “risk-on” currency. If global risk appetite improves, buying the AUD can be a strategy. Conversely, during “risk-off” periods, caution is advised. Align with broader market sentiment shifts. However, it’s vital to remember that currency trading involves inherent risks. Volatility can be high, and unexpected global events or shifts in RBA communication could quickly alter the outlook. Effective risk management, including stop-loss orders and appropriate position sizing, is paramount. The Broader Impact of Monetary Policy Shifts The RBA’s evolving monetary policy stance has ripple effects beyond just the Australian Dollar . It influences various aspects of the Australian economy and global financial markets: Economic Stimulus: Lower interest rates aim to stimulate borrowing and spending by businesses and consumers, supporting economic growth and potentially boosting employment. Inflation Management: While cutting rates, the RBA must remain vigilant about inflation. If inflationary pressures re-emerge unexpectedly, the RBA might have to reverse course, creating market volatility. Housing Market: Lower interest rates typically make mortgages more affordable, potentially supporting the housing market, which is a significant component of the Australian economy. Equity Markets: Reduced borrowing costs can be positive for corporate earnings, potentially boosting the Australian stock market (ASX). However, a weakening economy (which often precedes rate cuts) can be a drag. Global Capital Flows: Changes in Australian interest rates influence the attractiveness of Australian assets to international investors, impacting capital flows into and out of the country. The RBA’s careful calibration of its monetary policy is a crucial determinant of Australia’s economic health and its standing in the global financial system. The signals of rate cuts are not merely about the currency; they reflect a broader strategy to navigate complex economic currents. Challenges and Considerations for the Australian Dollar ‘s Trajectory While the outlook for the Australian Dollar appears positive, several challenges and uncertainties could impact its trajectory: Global Economic Shocks: Unexpected downturns in major economies, geopolitical tensions, or supply chain disruptions could weigh heavily on commodity prices and global risk sentiment, negatively impacting the AUD. Inflation Persistence: If inflation proves more stubborn than anticipated, the RBA might delay or even reverse rate cuts, potentially disappointing market expectations and putting downward pressure on the currency. Divergence in Central Bank Policies: While relative policy is a factor for strength, a significant divergence where other major central banks cut rates far less than the RBA, or even hike, could reduce the AUD’s attractiveness. Domestic Economic Weakness: Despite current resilience, if the Australian economy experiences a more severe slowdown than forecast, it could undermine confidence in the AUD. Commodity Price Volatility: While currently supportive, commodity prices are inherently volatile. A sharp decline could quickly erode the AUD’s fundamental support. These factors underscore the need for continuous monitoring and adaptive strategies for anyone involved in currency trading or holding AUD-denominated assets. Actionable Insights for Investors and Traders Given the nuanced outlook for the Australian Dollar , what should investors and traders consider? Stay Informed on RBA Communications: Closely follow RBA statements, minutes, and speeches. Any shift in language regarding inflation, employment, or global outlook can provide crucial clues about future monetary policy . Monitor Commodity Markets: Keep a keen eye on the prices of iron ore, coal, and other key Australian exports. Strong commodity prices often signal a stronger AUD. Watch Global Risk Sentiment: The AUD is a risk-sensitive currency. During periods of improved global economic outlook and risk appetite, the AUD tends to perform well. Compare Relative Central Bank Policies: Don’t just focus on the RBA. Understand the expected actions of the Fed, ECB, BoE, and BoJ. The relative pace and timing of rate adjustments will significantly impact cross-currency pairs involving the AUD. Diversify and Manage Risk: As with any investment, diversification is key. For currency trading , utilize robust risk management tools like stop-loss orders and consider position sizing carefully to protect capital from unexpected volatility. The current environment presents a unique opportunity for those who can navigate the complexities of central bank signals and global economic interdependencies. The narrative surrounding the Australian Dollar is undergoing a fascinating transformation. What might initially seem like a paradox – a currency strengthening despite anticipated rate cuts – is in fact a testament to the complex interplay of market expectations, relative central bank policies, and fundamental economic drivers. The RBA’s strategic pivot on interest rates , coupled with the “sell the rumor, buy the news” dynamic and resilient commodity markets, paints a remarkably positive AUD forecast . For those engaged in the Forex market , particularly in currency trading , this signals a period ripe with potential. While challenges remain, the prevailing sentiment suggests the Australian Dollar is poised for a significant ascent, making it a crucial currency to watch in the coming months. To learn more about the latest Forex market trends, explore our article on key developments shaping the Australian Dollar and global interest rates. This post Australian Dollar Soars: RBA Rate Cuts Pave Way for Remarkable Gains first appeared on BitcoinWorld and is written by Editorial Team

6 Aug 2025, 09:25

GBP/USD Forecast: Unlocking the Strategic 1.40 Target by UBS

BitcoinWorld GBP/USD Forecast: Unlocking the Strategic 1.40 Target by UBS For anyone keeping an eye on the broader financial landscape, especially those immersed in the dynamic world of cryptocurrencies, understanding traditional market movements is crucial. While digital assets often grab headlines, shifts in major currency pairs like GBP/USD can signal broader economic trends, influencing everything from global trade to investor sentiment. Recently, a significant forecast from banking giant UBS has caught the attention of market participants: they anticipate the GBP/USD forecast to reach 1.40 by mid-2026. This isn’t just a number; it’s a potential indicator of shifting economic tides between the UK and the US, and understanding its implications can offer valuable insights for diversified portfolio strategies. Understanding the GBP/USD Forecast : UBS’s Bullish Stance The GBP/USD currency pair, often referred to as ‘Cable,’ represents the exchange rate between the British Pound (GBP) and the US Dollar (USD). It’s one of the most actively traded pairs globally, reflecting the economic health and monetary policy divergence between the United Kingdom and the United States. UBS, a leading global financial services company, has put forth a notably optimistic GBP/USD forecast , projecting a rise to 1.40 within the next two and a half years. This target, if realized, would mark a substantial appreciation for the Pound against the Dollar from its current levels, signaling a potential reversal or significant strengthening trend. What’s Fueling the UBS Prediction ? Key Drivers Behind the Pound’s Potential Ascent UBS’s bullish outlook isn’t pulled from thin air; it’s grounded in a meticulous analysis of various macroeconomic factors. Several key drivers are expected to contribute to the Pound’s potential strengthening against the Dollar. Monetary Policy Divergence: A primary factor is the anticipated shift in monetary policy between the Bank of England (BoE) and the Federal Reserve (Fed). While both central banks have been aggressive in raising interest rates to combat inflation, market expectations suggest the BoE might maintain a relatively tighter policy for longer, or at least be slower to cut rates compared to the Fed. Higher interest rates typically attract foreign investment, increasing demand for the local currency. Inflation Trends: The trajectory of inflation in both economies plays a crucial role. If UK inflation proves more persistent, compelling the BoE to keep rates elevated, while US inflation moderates more rapidly, allowing the Fed to ease policy, this divergence would naturally support the Pound. Economic Resilience: The relative economic performance of the UK versus the US is another consideration. Signs of greater resilience or unexpected growth in the UK economy, especially as it navigates post-Brexit challenges, could bolster investor confidence in the Pound. Conversely, any signs of a significant slowdown or recession in the US could weaken the Dollar. Global Risk Appetite: The US Dollar often acts as a safe-haven currency during times of global uncertainty. If global economic conditions stabilize or improve, leading to increased risk appetite among investors, the demand for safe-haven assets like the Dollar might decrease, allowing riskier currencies like the Pound to gain ground. To illustrate the potential divergence in economic indicators that could underpin this UBS prediction , consider the following hypothetical scenario: Economic Indicator UK Outlook (UBS Perspective) US Outlook (UBS Perspective) Interest Rates (BoE vs. Fed) Higher for Longer / Slower Cuts Earlier / More Aggressive Cuts Inflation Trend Persistent, Gradual Decline Moderating Faster GDP Growth Steady, Gradual Recovery Potential Soft Landing / Mild Slowdown Labour Market Tight, Wage Growth Pressure Cooling, but Resilient Navigating the Forex Market : Opportunities and Challenges for Traders A significant move in GBP/USD, as projected by UBS, presents both opportunities and challenges for participants in the Forex market . Opportunities: Long Positions: Traders who believe in the UBS forecast could take long positions on GBP/USD, aiming to profit from the Pound’s appreciation. Carry Trade Potential: If the interest rate differential between the UK and the US widens in favor of the Pound, carry trades (borrowing in a low-interest currency and investing in a high-interest currency) could become more attractive. Hedging Strategies: Businesses with exposure to GBP or USD could use this forecast to refine their hedging strategies, potentially reducing currency risk on international transactions. Challenges: Uncertainty and Volatility: The path to 1.40 is unlikely to be linear. Geopolitical events, unexpected economic data, or shifts in central bank rhetoric can introduce significant volatility, leading to sharp price swings. Policy Reversals: Central bank policies are data-dependent. A sudden resurgence of inflation in the US or an unexpected economic downturn in the UK could force policy reversals, invalidating current forecasts. External Shocks: Global events, such as new conflicts, commodity price spikes, or financial crises, can override domestic economic fundamentals and impact currency valuations unpredictably. Understanding these dynamics is crucial for anyone looking to engage with the Forex market effectively, whether through direct trading or managing currency exposure in broader investments. What Does This Mean for the Pound to Dollar Exchange Rate? Broader Implications The potential ascent of the Pound to Dollar exchange rate to 1.40 has far-reaching implications beyond just currency traders. For UK Exporters: A stronger Pound makes UK exports more expensive for international buyers, potentially reducing demand. Conversely, it makes imported goods cheaper, which could help dampen domestic inflation. For US Tourists in the UK: A higher GBP/USD rate means US tourists get fewer Pounds for their Dollars, making holidays in the UK more expensive. For UK tourists in the US, their Pound would buy more Dollars, making US travel more affordable. For Investors with International Portfolios: UK-based investors holding US assets would see the value of those assets decrease in Pound terms as the Pound strengthens. Conversely, US-based investors holding UK assets would see their investments appreciate in Dollar terms. For Corporate Earnings: Multinational corporations with significant operations or revenues in either currency will see their reported earnings affected by currency fluctuations. For example, a US company earning in GBP would see its Dollar-denominated earnings increase with a stronger Pound. This movement isn’t just about numbers on a screen; it directly impacts the purchasing power of consumers, the profitability of businesses, and the returns on international investments. The shift in the Pound to Dollar ratio reflects fundamental economic shifts that resonate across various sectors. Crafting Your Strategy: Actionable Insights for the Currency Outlook Given UBS’s intriguing currency outlook for GBP/USD, how can individuals and investors position themselves? While no forecast is guaranteed, prudent planning can help navigate potential market shifts. Monitor Key Economic Data: Keep a close eye on inflation reports, interest rate decisions, GDP figures, and employment data from both the UK and the US. These releases are often the primary catalysts for short-term currency movements. Diversify Your Portfolio: Relying solely on a single currency pair or asset class can be risky. Diversifying across different currencies, asset classes (including traditional equities, bonds, and even cryptocurrencies), and geographies can help mitigate exposure to adverse currency movements. Consider Hedging Strategies: If you have significant exposure to either GBP or USD through international business or investments, explore hedging options like forward contracts or currency options to lock in exchange rates and protect against unfavorable swings. Understand Risk Management: For those directly trading Forex, always employ robust risk management techniques, including setting stop-loss orders, managing position sizes, and never risking more capital than you can afford to lose. Volatility can be high, and even strong forecasts can be subject to unforeseen events. Consult Financial Professionals: For complex financial decisions or significant investments, seeking advice from a qualified financial advisor who specializes in currency markets or international investments can provide tailored guidance based on your specific financial situation and risk tolerance. The journey to 1.40 for GBP/USD, if it materializes, will be influenced by a multitude of factors. Staying informed and adopting a strategic approach to your investments, considering this long-term currency outlook , is paramount. In conclusion, UBS’s forecast of GBP/USD reaching 1.40 by mid-2026 presents a compelling narrative for the coming years. This optimistic outlook is underpinned by expectations of diverging monetary policies, varying inflation trajectories, and relative economic resilience between the UK and the US. While the path ahead will undoubtedly be marked by volatility and external factors, understanding the potential drivers and implications of such a significant move is vital for anyone engaged in the financial markets. Whether you’re a seasoned Forex trader, an international business, or an investor looking to diversify, keeping this GBP/USD forecast in perspective can inform more strategic decision-making and help navigate the evolving global economic landscape. To learn more about the latest Forex market trends, explore our article on key developments shaping Pound to Dollar movements and interest rates liquidity. This post GBP/USD Forecast: Unlocking the Strategic 1.40 Target by UBS first appeared on BitcoinWorld and is written by Editorial Team

6 Aug 2025, 09:14

Pi Network’s Price Dumps Again as Bitcoin Returns to $114K: Market Watch

Bitcoin’s instability continued in the past 24 hours as the asset dipped below $113,000 after getting rejected at $116,000. The altcoins are back in the red, with substantial price declines from the likes of XRP, SOL, HYPE, XLM, LTC, TON, and others. BTC’s Insecurity Continues The primary cryptocurrency’s troubles began last Wednesday when the US Federal Reserve refused to lower the key interest rates for the fifth consecutive time. BTC retraced by a few grand but bounced to $119,000 on Thursday. However, macro uncertainty, such as new tariffs and nuclear submarine movements, resulted in another, more painful nosedive. In just a few days, the cryptocurrency plunged by several grand and bottomed during the weekend at $112,000. The bulls finally stepped up at this point and started to push the asset north. The gradual ascent culminated yesterday when BTC briefly neared $116,000 but was stopped ahead of that resistance. In the following hours, bitcoin dropped to under $113,000 once again. It has recovered some ground and now trades around $114,000, with a market cap of just under $2.270 trillion. Its dominance over the altcoins stands close to 60% on CG. BTCUSD. Source: TradingView Alts in Retrace Mode Again Ethereum was also stopped ahead of a big resistance at $3,700 and now sits closer to $3,600. BNB, TRX, and BCH are with minor losses, while XRP, SOL, DOGE , HYPE, XLM, and TON have dropped by more substantial percentages of up to 4%. Pi Network’s native token has dropped by 4% as well, and sits close to its all-time low once again, which was recorded at the end of the previous business week. BONK and PENGU have dropped the most from the largest 100 alts, losing 6-7% each. Litecoin’s LTC is down by 5% after yesterday’s impressive surge . MNT continues to be among the few altcoins in the green, adding another 2-3% since yesterday’s pump. The cumulative market cap of all cryptocurrency assets has slipped by another $30 billion and is well below $3.8 trillion on CG now. Cryptocurrency Market Overview. Source: QuantifyCrypto The post Pi Network’s Price Dumps Again as Bitcoin Returns to $114K: Market Watch appeared first on CryptoPotato .

6 Aug 2025, 09:12

Bank of America (BofA) CEO Reveals Fed Rate Cut Predictions

The FED has been pausing the interest rate cuts it started in September 2024 since January 2025. Fed Chairman Jerome Powell and the majority of members are keeping interest rates steady, citing ongoing uncertainty from tariffs. As interest rate cut hopes continue to intensify in September, Bank of America CEO Brian Moynihan released his forecast. Speaking to CNBC, the BofA CEO talked about interest rate cuts and the economic situation in the US. The famous CEO stated that it is unlikely that the FED will cut interest rates this year. Moynihan stated that the decline in inflation was slower than expected and predicted that interest rate cuts would only begin next year. “Our economists predict that it will take longer for inflation to decline, and therefore I do not expect the US Federal Reserve to cut interest rates this year. At this point, it seems likely that the Fed will only begin cutting interest rates next year.” Finally, Moynihan added that he does not expect the US to enter a recession. FedWatch data shows a 90% chance the Fed will cut interest rates in September. Investors are pricing in an 87.5% chance that the Fed will cut interest rates by 25 basis points at the September FOMC meeting, according to CME FedWatch. *This is not investment advice. Continue Reading: Bank of America (BofA) CEO Reveals Fed Rate Cut Predictions