News

Foresight News reported that the Bitcoin native liquidity protocol Yala posted on Twitter, stating, "As the protocol continues to evolve, YU is no longer an active or essential component in Yala's current and future product roadmap. However, the YU redemption function remains fully operational and unaffected. Holders can continue to follow the YU-USDC redemption plan and proceed with exchanges once the official redemption pool is open."

BlockBeats News, December 26th, according to PeckShield monitoring, the stablecoin USX on the Solana blockchain experienced a brief depegging, with the secondary market price temporarily dropping to $0.1. Subsequently, after Solstice injected liquidity, the USX price has recovered to $0.94.

According to Odaily, spot gold on Friday once reached a record high of $4,530.6 per ounce, while spot silver hit a historical high of $75.14 per ounce. Kelvin Wong, Senior Market Analyst at OANDA, stated that since early December, momentum-driven and speculative traders have been driving up gold and silver prices. Thin year-end liquidity, expectations of prolonged Federal Reserve rate cuts, a weakening US dollar, and surging geopolitical risks have collectively pushed precious metals to new record highs. In the first half of next year, gold may move toward the $5,000 per ounce level, while silver has the potential to reach around $90 per ounce. In addition, platinum and palladium have soared due to tight supply, tariff uncertainties, and a rotation in gold investment demand. So far this year, platinum has risen by about 165%, and palladium by over 90%. Jigar Trivedi, Senior Research Analyst at Reliance Securities, noted that platinum is supported by strong industrial demand, and US stockists have been restocking amid concerns over sanctions, which has helped maintain high prices. (Golden Ten Data)