OceanSappy

Saudi Arabia just made a major move toward becoming a true global financial hub.

Starting February 1, 2026, the Tadawul Stock Exchange will be fully open to global investors. The Capital Market Authority has abolished the Qualified Foreign Investor (QFI) regime, meaning foreign institutions and individuals can now invest directly in Saudi listed equities—no special approvals, no complex eligibility rules, no indirect swap structures.

This is a big shift.

Previously, access required high AUM thresholds, regulatory vetting, and indirect exposure routes. Now, global investors can trade Saudi stocks directly through licensed local brokers with full ownership rights, voting power, and dividend access.

This reform aligns squarely with Vision 2030:
✔️ Economic diversification
✔️ Capital market deepening
✔️ Global capital attraction
✔️ Reduced oil dependence

Tadawul is already one of the world’s largest stock exchanges by market cap, anchored by giants like Saudi Aramco, major banks, SABIC, and PIF-backed companies. Opening the market structurally changes its global relevance.

Foreign ownership limits remain (49% company cap, 10% per investor), preserving stability while still enabling meaningful international participation.

If regional history is any guide, liberalization tends to drive:
• Higher liquidity
• Deeper market participation
• Stronger global index weighting
• More stable long-term price discovery

This isn’t just a regulatory update — it’s a strategic signal.

Saudi Arabia isn’t just inviting capital in.
It’s positioning Tadawul as a core destination in global emerging market portfolios.

Vision 2030 in motion.
#SaudiArabia #Saudiaramco #stocks

On January 29, 2026, the precious metals markets delivered one of the most dramatic intraday events in modern financial history. Gold futures rocketed to a fresh all-time high near $5,600 per ounce before suffering a violent plunge of over 8%, bottoming around $5,100–$5,200 in under an hour (with some reports citing drops to as low as $5,104). Silver followed suit, crashing roughly 12% from peaks above $117–$121 per ounce down to levels near $106. The rapid sell-off erased trillions in implied market capitalization estimates ranged from $2.7 trillion to over $3.4 trillion for gold alone during the sharpest phase, with silver contributing hundreds of billions more in losses. By the end of the trading session, a powerful rebound added back significant value (around $2.3–$2.5 trillion combined across the metals), leaving both assets closing higher on the day but still reflecting extreme volatility. This episode has been widely described as the largest intraday liquidity shock ever recorded in precious metals, dwarfing historical precedents like the 1980 Hunt brothers silver squeeze or even major corrections during the 2008 financial crisis. Gold's intraday market cap swing alone reached staggering figures, with one analysis noting -$3.2 trillion wiped out in under an hour before a swift recovery.
What Triggered the Chaos? Multiple overlapping factors appear to have fueled the flash crash:
Profit-taking after parabolic gains — Gold had surged nearly 90–100% year-over-year and over 20–26% in January alone, while silver posted even more explosive gains (up 50–60%+ YTD and far higher in some industrial contexts). Overcrowded long positions left the market vulnerable to any catalyst.
Broader risk-off flows — Coordinated liquidations hit across assets, including tech stocks, crypto, and leveraged positions. Reports pointed to margin calls, algorithmic stop hunts, and forced selling as funds rotated into cash or USD amid sudden hawkish policy speculation (including rumors around a potential Fed Chair nomination).
Liquidity dynamics in futures markets — Heavy selling pressure in COMEX futures (particularly during U.S. hours) created temporary dislocations. Some observers noted unusual spreads between U.S. paper prices and physical/global benchmarks (e.g., London, Hong Kong, Mumbai), fueling theories of aggressive shorting or manipulation to support the dollar index (DXY) temporarily.
Macro backdrop — Ongoing dollar weakness, geopolitical tensions, tariff threats, and central bank uncertainty had propelled the multi-month rally. A brief hawkish pivot or risk aversion wave reversed flows violently.
Unlike a true structural collapse, the move was short-lived. Gold stabilized and climbed back toward $5,300–$5,500 levels by session close and into January 30, while silver recovered toward $117. Many analysts view it as a healthy (if brutal) correction in an otherwise bullish trend, with eastern physical demand (India, China) remaining robust and viewing dips as buying opportunities.
Looking ahead, this flash crash underscores the heightened sensitivity in overextended markets. While short-term volatility may persist especially with policy uncertainty and potential Fed developments the long-term drivers (geopolitical risk, inflation hedging, central bank buying, and industrial demand for silver) remain intact for many observers. For investors, the event serves as a stark reminder: in today's interconnected, leveraged markets, even the "safest" assets can experience extreme swings. Whether viewed as a manipulation signal, deleveraging episode, or classic correction, January 29, 2026, has cemented itself as a defining moment in the ongoing precious metals bull run.

Today, January 29, 2026, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are holding a highly anticipated joint event titled "SEC – CFTC Harmonization: U.S. Financial Leadership in the Crypto Era." This session, hosted at CFTC headquarters in Washington, D.C., runs from 2:00 p.m. to 3:00 p.m. ET and is live-streamed for public viewing (check the SEC website for the feed). The event originally scheduled for January 27 but rescheduled features SEC Chairman Paul S. Atkins and CFTC Chairman Michael S. Selig in a fireside chat format. Moderator Eleanor Terrett (Co-Founder and Host of Crypto in America) guides the discussion.
The agenda includes brief opening remarks followed by an extended conversation on key priorities. The primary focus is regulatory harmonization between the two agencies. For years, overlapping or unclear jurisdictional boundaries have created uncertainty for crypto market participants. The chairs aim to move beyond "legacy jurisdictional silos" and deliver clearer, more coordinated rules that support innovation while protecting investors.
This initiative directly supports President Trump’s promise to make the United States the crypto capital of the world. In joint statements, Atkins and Selig emphasized ensuring that "innovation takes root on American soil, under American law, and in service of American investors, consumers, and economic leadership.
The session comes amid broader efforts to modernize digital asset oversight, reduce enforcement friction, and position the U.S. as the global leader in crypto and blockchain innovation. Many in the industry view it as a pivotal step toward clearer rules that could unlock greater institutional participation and long-term market stability.Stay tuned for key takeaways from the discussion today's conversation could help shape the regulatory path forward for crypto in the United States.

FIDD enters the blockchain arena in a landmark development for the convergence of traditional finance and cryptocurrency.
Fidelity Investments, one of the world's largest asset managers overseeing more than $6 trillion in assets, has announced plans to introduce its own USD-pegged stablecoin named the Fidelity Digital Dollar (FIDD). The announcement, which surfaced on January 28, 2026, via crypto news outlet Watcher.Guru on X (formerly Twitter), has sparked widespread discussion across the digital asset community.
The stablecoin is slated for an early February 2026 launch and will be built on the Ethereum blockchain. Issued through Fidelity Digital Assets a federally chartered national bank subsidiary, the token aims to provide a fully reserve-backed digital dollar redeemable 1:1 for USD on Fidelity's various crypto platforms, including Fidelity Digital Assets, Fidelity Crypto, and offerings tailored for wealth managers. It will also become accessible on select major cryptocurrency exchanges, broadening its potential reach to both institutional and retail users.
FIDD is designed to comply with the recently enacted GENIUS Act, a key piece of U.S. legislation establishing clearer reserve and operational standards for stablecoins. This regulatory alignment positions Fidelity to offer a compliant alternative in a market long dominated by crypto-native issuers like Tether (USDT) and Circle (USDC), which together command a market capitalization exceeding $308 billion. Fidelity's move builds on its long-standing involvement in digital assets, dating back to 2014 when the firm began experimenting with Ethereum mining under the leadership of CEO Abigail Johnson. The company has progressively deepened its blockchain engagement, including tokenized funds and crypto trading services, making this stablecoin launch a natural progression rather than a sudden pivot. The entry of such a heavyweight traditional finance player signals accelerating institutional adoption of blockchain technology.
Stablecoins like FIDD could facilitate faster, more efficient payments, cross-border remittances, tokenized asset settlements, and seamless on-chain trading all while maintaining the stability and trust associated with a major regulated institution. Social media reactions to the news were swift and varied. While the stablecoin space remains highly competitive, Fidelity's deep pockets, established reputation, and regulatory compliance could give FIDD a meaningful edge, particularly among institutions seeking trusted on-chain dollar equivalents.
The launch comes amid a broader post-2024 regulatory shift in the U.S., where clearer frameworks have encouraged more TradFi players to integrate blockchain solutions. As the February rollout approaches, all eyes will be on FIDD's initial adoption metrics, redemption mechanics, and any plans for expansion beyond Ethereum to layer-2 networks or other chains. For now, Fidelity's bold step underscores a growing belief that the future of banking and payments may indeed reside on the blockchain.

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‎Amazon announces 16,000 corporate layoffs amid intensifying AI competition in a significant move reflecting the rapid evolution of the tech landscape.
Amazon has revealed plans to lay off approximately 16,000 corporate employees. The announcement, made on January 28, 2026, marks the company's second major round of workforce reductions in just three months. It follows the elimination of about 14,000 positions in October 2025, bringing the combined total to roughly 30,000 roles primarily affecting divisions such as Amazon Web Services (AWS), retail operations, Prime Video, and human resources (People Experience and Technology).
CEO Andy Jassy has positioned the cuts as a deliberate effort to restore Amazon's agility and entrepreneurial spirit. In communications to staff and public statements, he emphasized eliminating excessive management layers and bureaucratic hurdles that accumulated during the company's hyper-growth phase, particularly during the pandemic-era surge in e-commerce demand. The goal, according to Jassy, is to enable Amazon to "operate like the world's largest startup" while accelerating innovation in a highly competitive environment. The layoffs are closely tied to the escalating race for dominance in artificial intelligence.
Amazon faces intense pressure from rivals including Microsoft, Google, Meta, and OpenAI, all of which are pouring billions into AI infrastructure, data centers, compute capacity, and large language models. These investments are expensive, and executives have framed the reductions as a way to reallocate resources toward strategic priorities rather than purely cost-cutting measures.
Senior Vice President Beth Galetti, who oversees people experience and technology, reinforced this in a company blog post, noting that the changes aim to increase ownership, reduce layers, and remove red tape to move faster for customers and the business. While Amazon insists these are not the start of recurring broad layoffs "That's not our plan," Galetti stated the company acknowledges that AI-driven efficiency gains will likely continue to influence workforce size over time.
Jassy has previously predicted that generative and agentic AI technologies will transform operations, allowing the company to do more with fewer people in corporate roles. The announcement sparked widespread reactions on social media and in financial circles. Many observers highlighted the irony: Amazon citing AI competition as a driver for job cuts while its own consumer-facing AI tools, such as Alexa, have faced criticism for lagging behind competitors. Broader concerns focus on the potential ripple effects, including pressure on the middle-class tech workforce and reduced consumer spending power as highly paid positions disappear. This latest round adds to a wave of corporate restructuring across the tech sector in 2025 and early 2026, where AI adoption has been cited as a factor in numerous downsizing announcements.
Amazon, however, continues to hire aggressively in select high-priority areas tied to its long-term bets on cloud computing, AI infrastructure, and emerging technologies.As the company navigates this transition, the layoffs underscore a pivotal moment: balancing massive AI investments with organizational efficiency in an era where technological disruption is reshaping even the largest employers. For many affected employees, the coming months will involve internal job searches, severance packages, and adaptation to a leaner Amazon one that prioritizes speed and innovation above all.
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#plasma $XPL

Rain, a platform focused on stablecoin card issuance and infrastructure, has integrated with Plasma, a high-performance Layer 1 blockchain built for global stablecoin payments.The partnership, announced in early January 2026, allows developers and partners on Plasma to issue their own branded cards via Rain.
Users can now spend stablecoins—especially USDT on Plasma—at over 150 million Visa-accepting merchants worldwide. Plasma highlights zero-fee transfers as a core advantage, turning on-chain assets into practical everyday spending and this aligns with Rain's multi-chain approach, supporting builders across ecosystems rather than tying to one network.
Plasma, launched in 2025, has quickly gained traction with instant, low-cost stablecoin transfers and billions in deposits. The integration boosts real-world utility for its assets, community response on X was largely positive, with users describing the move as “lovely” and “strong” for advancing scalable payments.
Some asked about regional availability (e.g., Vietnam) or future support for chains like the XRP Ledger, showing demand for wider multi-chain card access, the collaboration extends an earlier partnership noted in late 2025, cementing both projects as important infrastructure for turning stablecoins into usable, day-to-day money.

#plasma $XPL

Fluid's DEX on Plasma achieved $1.9B in all-time trading volume four months after its September 25 launch, hitting $1B in just six days and dominating 64.8% of the chain's DEX activity.
Built by Instadapp for maximum capital efficiency in earning, swapping, and borrowing, Fluid's rapid growth on the EVM-compatible Layer 1 Plasma underscores its appeal for stablecoin-focused payments with low fees.

Step 1: Log in to Your Binance AccountBegin by opening the Binance app or visiting the Binance website. Log in to your account using your email address and password.Step 2: Access the P2P Trading PlatformIf you're using the app, tap on the "Trade" tab at the bottom, then select "P2P." For the website, hover over "Trade" on the top menu and choose "P2P Trading" from the dropdown.Step 3: Choose a SellerOn the P2P trading platform, you'll encounter a list of sellers offering USDT for sale. Carefully review their offers, including trading limits, prices, and payment methods. It's crucial to select a seller who accepts bank transfers as the payment method.Cautions: Always check the seller's reputation, reviews, and trading history before proceeding. A thorough evaluation of the seller's credibility helps mitigate potential risks.Step 4: Initiate the TradeOnce you've chosen a seller, click on their advertisement to delve into the trade details. Thoroughly review the terms and conditions provided by the seller, including their bank account details for the transfer. If you agree to the terms, input the amount of USDT you wish to purchase and click on the "Buy USDT" or "Trade" button to initiate the trade.Step 5: Make the Bank TransferFollow the detailed instructions provided by the seller to execute the bank transfer. Utilize your personal bank account to send the agreed-upon amount to the seller's bank account. It's paramount to include the appropriate reference or payment details specified by the seller to ensure a seamless transaction.Step 6: Confirm PaymentAfter successfully making the bank transfer, click on the "I have paid" or "Confirm Payment" button within the trade details. Fill in the necessary information, such as the transaction reference or payment evidence, as requested by the seller. Submit the payment confirmation to notify the seller that you have completed the payment.Cautions: Adhering to the seller's instructions accurately is crucial to avoid any delays or complications during the trading process.Step 7: Receive USDTOnce the seller confirms the receipt of your payment, they will release the USDT from their escrow account. The USDT will then be transferred to your Binance USDT wallet. You can check your USDT balance by navigating to the "Wallet" or "Funds" section of the Binance app or website.Reminder: Always exercise caution when trading on the P2P platform. Regularly verify the seller's reputation, reviews, and trading history before proceeding with a transaction. Following these steps diligently enhances the security and reliability of your trading experience. #Write2Earn

Morfyus is a leader in the quickly evolving domains of blockchain technology and professional networking, combining AI, blockchain, and a progressive approach to revolutionise professional relationships and career growth.A thorough examination of Morfyus's prediction for the upcoming Web3 and professional networking era is presented in Exposing the Future.Leading the way in the rapidly developing fields of professional networking and blockchain technology, Morfyus revolutionises professional connections and career advancement by fusing AI, blockchain, and a progressive mindset.Analysing Morfyus in Further Depth:Morfyus is a web 3 technology-based unique identification solution that tokenizes abilities and establishes professional reputations. Morfyus cultivates talent rather than merely identifying it. It transforms the somewhat daunting path of career advancement into a fun one by implementing a gamified method. Every career move is a step towards success, and achievements are kept safe and secure in a trustworthy digital credential. Morfyus predicted that skills would not only be recognised but also celebrated in the workplace of the future.The Beginning and Inspirational Source:The founder of Morfyus moved from solving problems at KPMG to leveraging technology at foodpanda to assist food businesses with sales, which is where the idea for the company came from. In the end, the creator developed this technology into an effective instrument for employing freelancers in several Asian countries. Morfyus was made possible by the pandemic's seismic upheavals and the advancement of web 3 technology. Originally intended to match freelancers with roles such as game testers and players, Morfyus has expanded to encompass the entire international IT sector.Issues and solutions: The Morfyus team was still having trouble finding qualified candidates for professional positions even after more than a decade of negotiating the tech and business sectors. Traditional approaches had multiple inefficiencies that led to long cycles and mismatches. There was an absence of transparency and authenticity in the existing networking platforms. To solve these issues, Morfyus was created as a solution-driven platform that prioritises effectiveness, transparency, and trust. Challenges like gaining user trust in novel ideas like Social Tokens and blockchain-based validation were met head-on with the help of education, openness, and engagement incentives.Blockchain Technology by Morfyus:For Morfyus to succeed, blockchain technology must be used. It allows for decentralised identity verification, provides transparent and immutable data, enhances security and trust, and facilitates tokenization for reputation development. Through the verification of achievements, qualifications, and profiles, blockchain technology fosters genuine networking prospects.Potential Initiatives and Collaborations:Morfyus is committed to staying on the cutting edge as things change in the future. The website plans incentive programmes, invites well-known industry people to events, and actively promotes community building. Morfyus has demonstrated its dedication to innovation and collaboration through strategic partnerships with prominent organisations such as Gate.io and upcoming releases such as the Genesis NFT Mint and MORF token.Moving Forward:Morfyus has a lot of exciting things coming up in the future, such private sales, interacting with the Polygon Blockchain, and forming strategic partnerships with MEXC and Ape Terminal, among other platforms. Given its deliberate launch approach and emphasis on fostering a feeling of community, Morfyus is poised to make a significant impact in the months to come. #Write2Earn ⬇️ Below are the official links and other useful links you may need!> 🐥 Twitter: https://twitter.com/MorfyusOfficial> > 🟦 Linkedin: https://www.linkedin.com/company/morfyus/> > 📱 Telegram: https://t.me/morfyusofficial> > 🌐 Morfyus Website: https://www.morfyus.com/> > Opensea NFT Collection Links: ⬇> > 🎫 Morfyus Odyssey Pass: https://opensea.io/collection/morfyus-odyssey-pass> > 🌊 Water Energy Core: https://opensea.io/collection/water-energy-core> > 🌎 Earth Energy Core: https://opensea.io/collection/earth-energy-core⛔️ Beware of any other fake links!!!

The difficult foreign exchange scenario that Nigeria, the economic powerhouse of Africa, is dealing with has left businesses and investors uneasy. The naira has significantly depreciated and continues to trade at a discount on the black market as a result of the President's commitment to reforming the currency regime in order to attract more investment, and this is solely because there is a scarcity of dollars.Dependency on Oil and the Economic Crisis:Nigeria is very susceptible to changes in the price of crude oil due to its enormous reliance on the commodity, which accounts for over 90% of its foreign exchange revenues. The central bank introduced a dual-rate system in 2017 as a result of the economic pressure that started in 2014. For government transactions, one rate was pegged to the US dollar, while for investors and exporters, a market-determined rate known as Nafex was introduced. There is now an underground market for currency because the system failed, even though the goal was to increase liquidity and attract dollar inflows.Presidential Reforms and Ongoing Obstacles:The difference between official and parallel rates was initially closer thanks to President's dedication to currency reforms. But things have become worse, with the value of the naira falling and the gap between official and alternative rates growing. One of the main causes of the continuous difficulties in the foreign currency market is the continued paucity of dollars.Current Exchange Rates for the Black Market:The naira's difficulties are reflected in the black market exchange rate as of January 29, 2024. A dollar costs N1405 to purchase on the black market and N1410 to sell. On the other hand, the rates provided by the Central Bank of Nigeria (CBN) show that the purchasing rate is 886 and the selling rate is 887. The difference in these rates highlights how intricate Nigeria's foreign exchange market is.Possible Resolutions:Nigeria's foreign exchange problems call for an all-encompassing strategy.Diversification of Revenue Sources: Nigeria can be better protected from the fluctuations of crude prices and foreign exchange volatility by diversifying its economy and reducing its reliance on oil.Policy Coordination: It's critical that the finance ministry and central bank are in agreement. Businesses and investors will feel more confident if policies are consistent and well-coordinated.Market-friendly Reforms: Improving liquidity and drawing in foreign investment are possible outcomes of enacting reforms that support forces driven by the market. This could entail streamlining the exchange rate mechanism and evaluating current regulations.Strengthening Institutions: Improving the central bank's and other regulatory agencies' capacities would help ensure that policies are implemented and enforced more successfully.Smart and concerted measures are needed to stabilise the naira, draw in investments, and foster economic resilience in Nigeria due to the country's foreign exchange predicament. Navigating through these complications to create a more stable and robust economic climate for Nigeria can be a bit challenging.

2023 proved to be a pivotal year for #Zilliqa , marked by significant strides in technology, strategic alliances, and the expansion of their ecosystem. The community's resilience and innovative spirit were evident, overcoming the challenges of the dynamic blockchain industry. Here's a comprehensive review of Zilliqa's standout accomplishments:1. Zilliqa Group Formation:- Zilliqa Group was established to provide a robust framework for sustainable growth.- This corporate structure incubates ventures like Roll1ng Thund3rz, a pioneering Web3 entertainment company focusing on blockchain-enhanced gaming experiences.#Write2Earn 2. Strategic Partnerships:- Zilliqa Group's strategic alliance with Google Cloud reinforced the network's infrastructure, enhancing resilience and performance.- Collaborations with GMEX ZERO13 and ChainUp expanded Zilliqa's reach across industries, showcasing its commitment to fostering growth.3. EVM Compatibility on Mainnet:- The introduction of Ethereum Virtual Machine (EVM) compatibility opened up the Zilliqa network to global Web3 developers.- Ongoing enhancements to EVM compatibility, including support for fungible Scilla tokens, were implemented throughout the year.4. DeFi Foundations:- Ionise, the first money market protocol on Zilliqa EVM, launched, allowing borrowing and lending of ZIL and zUSDT.- PlunderSwap, the first EVM-based decentralized exchange (DEX), debuted on the Zilliqa mainnet.- Liquid staking through Avely Finance offered flexibility for ZIL stakers, laying the foundation for a robust DeFi ecosystem.5. Zilliqa 2.0 Progress:- Significant progress was made in migrating the network to Zilliqa 2.0.- Governance improvements, such as the ability to delegate voting power, were implemented, enhancing the decision-making process.6. Web3 Gaming Advancements:- Roll1ng Thund3rz made substantial progress with the FUS1ON Gaming Hub and the multiplayer first-person shooter WEB3WAR.- Partnerships with Styngr and Nohto underscored the growth and influence of Zilliqa in the gaming space.- The anticipated launch of $FPS in-game currency for WEB3WAR in 2024 marks a significant milestone.7. Fan Loyalty Initiatives:- Zilliqa entered the fan loyalty space, powering initiatives like The Winners Circle with Racing League UK.- The Pride by MAD Lions, another loyalty program, leverages Zilliqa's infrastructure to reward fans with digital collectibles.8. Upcoming in 2024:- Exciting updates and announcements are anticipated in 2024, building upon the successes of the previous year.Zilliqa's journey in 2023 reflects a commitment to innovation, partnerships, and the creation of a diverse and thriving ecosystem. As the network moves forward, the focus remains on delivering real-world products, fostering flexibility, and continuing to play a pivotal role in shaping the future of Web3. The achievements of 2023 set the stage for a promising year ahead.