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The Pound Sterling broadly steadies against the US Dollar at around 1.3600 as Trump vows to push forward with new tariffs.Trump prepares to announce new tariff rates for over seven nations and indicated his intention to impose levies on copper and pharma products.Rising UK gilt yields pose long-term fiscal risks for the economy.The Pound Sterling (GBP) trades calmly around 1.3600 against the US Dollar during European trading hours on Wednesday, with the GBP/USD pair broadly stable after United States (US) President Donald Trump threatened a series of new tariffs on Tuesday.At the time of writing, the US Dollar Index (DXY),…
Hyperliquid has become an influential figure in DeFi lately, surpassing familiar names like Ethereum and Solana. With a daily transaction fee income of $1.7 million and a staggering increase of 147.6% in total value locked (TVL), it’s clear that this isn’t a passing phase, but a significant shift in decentralized finance. As the trend for freelancers and businesses to utilize crypto for payments rises, the application of stablecoins in platforms like Hyperliquid could alter the dynamics of freelancer payouts and invoicing. Dominance in Revenue and Market In the decentralized finance (DeFi) game, Hyperliquid is currently leading the pack, eclipsing established…
Moreover, rising US Treasury yields further limit gold’s upside. The 10-year yield climbed four basis points to 4.40%. Higher returns on government bonds make non-yielding assets, such as gold, less attractive. Despite bearish pressure, the underlying demand for gold remains strong. The World Gold Council reported that gold ETFs experienced a record inflow of $38 billion in the first half of 2025, with holdings increasing by 397.1 metric tons to 3,615.9 metric tons. Furthermore, the People’s Bank of China added 70,000 tons to its reserves, bringing total purchases since November to 1.1 million tons. While these institutional moves reflect confidence…
Tuesday 8 July, 2025Harrow, London 8 July 2025 Freelancer Financials, the award-winning contractor mortgage broker, has announced a renewed focus on the wider flexible labour workforce while relaunching its website and branding.As the specialist broking brand of Mortgage Quest Limited, Freelancer Financials has always provided limited company and umbrella payroll contractors with in-depth financial expertise and impartial mortgage advice. Its new website expands this offer to every type of contract worker and self-employment, from locums and agency workers to zero-hour contract workers and CIS subcontractors, in occupations as diverse as seafaring, law, dentistry, IT and oil rigging. A pioneer of…
A U.S. Justice Department logo or seal showing Justice Department headquarters, known as “Main Justice,” is seen behind the podium in the Department’s headquarters briefing room before a news conference with the Attorney General in Washington, January 24, 2023.Kevin Lamarque | ReutersFederal prosecutors have charged two men in connection with a sprawling cryptocurrency investment scheme that defrauded victims out of more than $650 million.The indictment, unsealed in the District of Puerto Rico, accuses Michael Shannon Sims, 48, of Georgia and Florida, and Juan Carlos Reynoso, 57, of New Jersey and Florida, of operating and promoting OmegaPro, an international crypto multi-level…
UK creative industries minister Chris Bryant has said he would like to see less dependency on freelancers within the film and TV industries, with more people under full-time employment. “I’m not sure if it’s really good for industry in the end if so many people are freelancers,” Byrant told the cross-party culture, media and sport committee during a session this morning (July 8) examining the creative industries sector plan. “In the end, if so many people are just freelancers, it doesn’t provide you with continuity, there ends up with a bit of a skills problem.” He noted: “I meet people…
In brief Bitcoin volatility at historic lows, trading more than 2% below its all-time high, but analysts warn Q3-Q4 could bring “fireworks.” BlackRock’s Bitcoin ETF holds more than 700,000 Bitcoin (3.52% of supply). Markets expect delayed tariffs and rate cuts, but Trump’s August 1 trade deadline could test risk resilience. Bitcoin price volatility has sunk to historical lows with its price hovering about 2% off its all-time high, but QCP Capital analysts are warning investors to “beware the quiet.””Volatility may be on summer break, but Q3 and Q4 could still deliver fireworks,” the analysts wrote in a recent blog post.The…
Over the past few years, generative artificial intelligence (AI) and large language models (LLMs) have become some of the most rapidly adopted technologies in history. Tools such as OpenAI’s ChatGPT, Google’s Gemini, and Anthropic’s Claude now support a wide range of tasks and have been integrated across sectors, from education and media to law, marketing, and customer service. According to McKinsey’s 2024 report, 71% of organizations now regularly use generative AI in at least one business function. This rapid adoption has sparked a vibrant public debate among business leaders and policymakers about how to harness these tools while mitigating their…
