Fed Unveils Stablecoin Rules Under GENIUS Act 
Fed Minutes Signal Another Rate Hike by Year-End 
Solana Targets 200ms Block Time in Major Network Upgrade 
XRP Holds Steady at $1.39 as Crypto Market Faces Heavy Liquidations 
Jameson Lopp Downplays AI Threat to Bitcoin Cryptography 
RBI Raises Repo Rate to 5.50% in Hawkish Shift on Inflation Risks 
GRAM Price Jumps 9% as Telegram Expands Money Wallet 
Trump Demands Powell Resign Over Fed Renovation Cost Overruns 
Stellar Overtakes Ethereum in RWA Fund Inflows as XRP Leads Commodities 
RBA Says ASX Still Falls Short on Governance and Risk Controls 
Crypto Liquidation Flush: BTC & ETH at a Glance 
MSTR Stock Rises as Barclays Raises Price Target to $175 
Add as a preferred source on Google
Australian Dollar's three day consecutive rise got halted by pessimistic minutes from Reserve Bank of Australia, according to whom, economic growth is running below average and downside risks have increased from overseas development.
Though downside risks have increased substantially policymakers are not sure whether it would affect growth in future.
Australia's economy has been giving mixed signs in recent days, whereas trades continue to pose weakness along with its mining sectors, however employment has remained relatively stable despite so.
RBA pointed to the same stating that number of indicators of domestic activity had shown some improvement.
RBA expects record low interest rates along with weak Aussie and increase in services export would aid economy going ahead.
Australian Dollar, which benefited from election of new Prime Minister, after resignation of Tony Abbott, incumbent unpopular Prime Minster, who lost party ballot.
However, this new election should be taken with a pinch of salt as the country got its 8th Prime Minster in six years, showing fragility in the government.
Australian Dollar is currently trading at 0.712 against Dollar, down from today's high around 0.7165.
