United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/SGD is trading just above 1.29 after a quiet session, with momentum only tentatively firmer. They expect intraday consolidation between 1.2900 and 1.2…
The electric vehicle maker reported an after-tax impairment loss of $112 million on its digital asset holdings, according to its latest earnings release. Tesla has neither bought nor sold any bitcoin since 2022.
Donavan McKinney, running against Michigan incumbent Shri Thanedar, said that “the crypto lobby is paying my opponent back for helping Trump“ with the PAC-funded ads.
DBS Group Research economist Ma Tieying analyses South Korea’s new South Korean Won (KRW) internationalisation roadmap, unveiled by the Ministry of Finance and Economy, Bank of Korea and Financial Services Commission. T…
Coinbase has a new pitch for Canada: stop thinking of the company as just a crypto exchange, and start seeing it as the only financial app the country needs.
A partial “decoupling” of U.S. and Chinese technology ecosystems is well underway. Without a clear strategy, Washington risks doing too little or—more likely—too much to curb technological interdependence.
The EUR/USD consolidates near 1.1400 late on Wednesday, up a modest 0.08%, as it consolidates, with the shared currency failing to capitalise on overall US Dollar weakness across the board.
Australia’s Unemployment Rate stayed at 4.4% in June, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in line with the market consensus of 4.4%.
Senate Republicans have released the proposed text for the Digital Asset Market Clarity (CLARITY) Act, including language on ethics that would bar all US federal officials — including President Donald Trump — from issui…
XRP is holding near the $1.13 on Friday, a level that has served as critical support for several weeks and remains the most important price point on the chart heading into the weekend.
The global energy transition is causing countries to rethink their energy policies. Driven by a confluence of net-zero targets, baseload grid stability, and the electricity demands of AI data centers, nuclear energy is …
Gold price (XAU/USD) trades in positive territory around $4,125 during the early Asian session on Thursday. The precious metal extends its recovery as ongoing geopolitical uncertainties continue to underpin safe-haven d…
USD/CHF registers solid gains on Wednesday, with buyers reclaiming the 0.8100 figure amid a trading session in which the Greenback loses ground against most G8 FX currencies but posts gains versus the safe-haven status …
EUR/GBP edges higher on Wednesday as a mixed UK inflation report weighs modestly on the British Pound (GBP). At the time of writing, the cross trades around 0.8533, extending its recovery after falling to its lowest lev…
Anthropic will provide Claude AI models to companies participating in the UK Financial Conduct Authority’s next Supercharged Sandbox cohort, as the regulator pushes to test AI applications in financial services.
The newest draft of the crypto market structure bill "falls short" of where it needs to be on ethics and other provisions, a group of U.S. Senate Democrats said Wednesday.
Silver (XAG/USD) trades with modest gains on Wednesday, supported by a slight pullback in the US Dollar (USD). However, the metal lacks strong upside momentum as traders weigh energy-driven inflation risks and their imp…
While healthcare stocks may not always seem the most enticing, they’ve quietly surged over the last month. The active healthcare tech ETF, FMED, which focuses on industry disruptors, saw its June performance significant…
Sandy Kaul, Head of Digital Assets and Innovation at Franklin Templeton, has a message for anyone who thinks buying Nvidia stock covers their AI exposure: It doesn't.
The Dow Jones Industrial Average trades near 52,400 on Wednesday, up around 200 points and on track for a second consecutive daily gain, while the S&P 500 hugs the flatline and the Nasdaq slips into the red. The index d…
We use cookies to improve your experience and analyse site traffic. By continuing to browse, you agree to our use of cookies.