20h ago
BoE chief economist Huw Pill urges rate rise to 4% amid Middle East-driven inflation risks
Bank of England chief economist Huw Pill reiterated his concerns about holding interest rates steady, arguing that inflation risks tied to the energy crisis in the Middle East should be contained with a rate increase. He said he was uncomfortable with a “wait-and-see” approach on the Monetary Policy Committee and noted he was one of two members backing a hike in July. Pill added that a move higher would not necessarily mark the start of a prolonged, aggressive tightening cycle.
20h ago
20h ago
Solana memecoin USELESS logs major inflows as data show $1.3 BILLION in 24-hour perps volume and $117 MILLION spot volume
The Solana-based memecoin USELESS has seen a surge of inflows, with whales and retail traders driving what was described as the year’s largest high-volume breakout. Data show its perpetual futures posted more than $1.3 BILLION in 24-hour trading volume and spot volume exceeded $117 MILLION. On-chain volume has surpassed several memecoins with larger market capitalizations, while market attention climbed to its highest level of the year. More than $3.5 million in short positions were liquidated over the past 24 hours, with key metrics rising sharply.
USELESS
USELESS+69.04%
20h ago
21h ago
Solana starts five-stage rent cut on mainnet, unlocking up to 3.06M SOL for users to reclaim
Solana has launched a five-stage rent reduction program on its mainnet that lowers the minimum SOL required to keep token accounts open. As the threshold drops, users can reclaim excess SOL previously locked in those accounts. Estimates suggest that by the end of stage five, up to 3.06M SOL could be available to claim, worth about $319M at current prices and viewed by some community members as a surprise “airdrop.”
SOL
SOL+0.37%
21h ago
22h ago
USDD supply rises to about $1.5B as version 2.0 launches ETH and WBTC vault borrowing on Ethereum
Decentralized stablecoin USDD’s supply has increased from about $1.1B to about $1.5B, with total collateral value of about $2.24B. USDD 2.0 has launched overcollateralized borrowing vaults on Ethereum backed by ETH and WBTC, with six vaults and a combined $400M debt ceiling. ETH vaults allow up to 76.9% max LTV with 4.25%–5% stability fees, while WBTC vaults allow up to 74.1% max LTV with 4%–4.5% stability fees; both carry a 13% liquidation penalty. USDD minted from vaults can be swapped via the PSM 1:1 into USDT or USDC, providing a new stablecoin liquidity route for Ethereum DeFi.
ETH
ETH+1.37%
22h ago
23h ago
Hewlett Packard Enterprise posts $12.2B Q3 FY26 revenue, sees value appeal after post-earnings pullback
Hewlett Packard Enterprise reported Q3 FY26 revenue of $12.2B, up 34% year over year, driven by strong growth in its Networking business and Cloud & AI segment. Networking margins stayed above 20%, while Cloud & AI margins reached 17%, which is viewed as a near-term ceiling. A DCF-based valuation implies a $61.40 price target, and the stock’s post-earnings dip is seen as a potential entry point.
23h ago