Finance: News, Insights, Predictions

Michael Saylor, Strategy Executive Chairman, believes that Bitcoin's upward trajectory is far from finished. He emphasized that there will only ever be 21 million Bitcoin available, highlighting its scarcity as a key factor in its potential for growth.

Senator Cynthia Lummis (R-Wyoming) announced that the Trump administration is exploring a bold proposal to convert a portion of the country's gold reserves into Bitcoin, aiming to address the nation's $38 trillion debt and potentially increase Bitcoin's value to $242,000.

BOSTON, MA, UNITED STATES, October 28, 2025 /EINPresswire.com/ -- As the cryptocurrency market evolves quickly, new platforms are emerging to provide simultaneous updates on market information for BTC, ETH, DOGE, and XRP, along with user tips.

The Bitcoin community is currently divided over BIP-444, a proposed soft fork aimed at enhancing the network. Bitcoin has long valued immutability, with its code being regarded as sacred, resistant to rapid changes, and strongly protected by its developers.

BTC has stabilized at $114,000, while ETH has retraced to $4,100. Berry is monitoring the prices of mainstream cryptocurrencies and analyzing on-chain trends in the market.

A preliminary agreement on a U.S.-China trade deal could lead to a significant increase in Bitcoin prices, as suggested by Deribit. The sentiment for Deribit-listed BTC put options has weakened.

On October 28, the domestic gold prices, including SJC gold bars and gold rings, experienced a decline due to the falling global gold prices. Experts predict that the prices may approach 140 million VND per tael.

SCGD shares experienced a 6% increase following the release of strong third-quarter results, which exceeded profit expectations. This growth was attributed to effective cost reductions and a thriving market in Vietnam.

The financial market has lowered its inflation forecast for 2025 to 4.56%. Additionally, estimates for this year's Gross Domestic Product (GDP) have decreased slightly from 2.17% to 2.16%, according to the Focus bulletin.

Brazil's interest rates have reached a one-year low, with the January 2029 contract dropping below 13% as inflation forecasts begin to stabilize.

Kazakhstan has announced its economic growth forecast for the years 2026 to 2028. According to the projections, the country's real GDP is expected to grow significantly in 2026.

The Pound to US Dollar (GBP/USD) exchange rate strengthened at the beginning of the week, driven by weaker US inflation data that heightened expectations for potential changes in Federal Reserve policy.

The Pound to US Dollar exchange rate (GBP/USD) increased at the beginning of the week due to weaker US inflation data, which raised new expectations for the Federal Reserve's monetary policy.

GBP/USD is trading at 1.3319, reflecting a 0.07% increase as traders assess the recent U.S. inflation data. Both headline and core Consumer Price Index (CPI) figures showed a year-over-year increase of 3%, slightly under the expected forecasts.

GBP/USD is experiencing an upward trend, driven by positive market sentiment and stronger-than-expected economic data released on Friday. Optimism surrounding a potential US-China trade deal is further enhancing risk appetite among investors.

The US dollar is experiencing slight pressure on Monday as traders assess risk appetite and the potential for interest rate cuts.

Market analysis focuses on the British Pound to US Dollar exchange rate and the DAX index. Investors can find detailed insights and forecasts on these markets at Investing.com.

The Pound Sterling has fallen to a two-month low, prompting concerns among investors. This decline has raised questions about the currency's future performance amid fluctuating economic conditions.

On October 28, Ukraine will experience cloudy weather, with the potential for wet snow in the Carpathian region.

The National Bank of Ukraine is managing a steady depreciation of the hryvnia, avoiding sharp fluctuations. Over the past week, the currency has seen a measured decline against the dollar.

The National Bank of Ukraine (NBU) has decided to keep its key interest rate at 15.5% in order to maintain stable monetary conditions. This measure aims to ensure the stability of the currency market and to make savings in hryvnias more appealing.

On October 28, the National Bank announced the official exchange rates, setting the dollar at UAH 42.07 and the euro at UAH 48.97.

Bloomberg News has ranked Jason Schenker as the top forecaster for major currencies and the ISM Manufacturing Index for the second consecutive quarter, recognizing his expertise through Q3 2025.

EUR/JPY has ended its five-day winning streak, currently trading at approximately 177.20 during the European session on Tuesday. Technical analysis of the daily chart suggests that the currency pair is targeting the 177.00 support level, positioned near the nine-day EMA.

The EUR/USD pair remains stable around 1.1620 as investors anticipate a 25 basis points rate cut by the Federal Reserve on October 29 and look for guidance from the European Central Bank. Recent U.S. Consumer Price Index data shows a softer inflation rate of 3.0%.