TD Securities strategists see asymmetric downside risks for the British Pound (GBP) against the Euro (EUR). They argue that EUR/GBP appears notably undervalued relative to rate differentials, data surprises and equity p…
Federal prosecutors allege the South Dakota investor used false promises to raise money, repaid earlier investors with new funds and laundered proceeds through crypto exchanges.
The Japanese Yen (JPY) ticks lower for the second consecutive day against the US Dollar (USD), reaching the 162.50 area on Friday, drawing closer to the 40-year low, at 162.84 hit earlier this month. A somewhat stronger…
Five days after CoinDesk reported that a proposal to purge non-financial data from Bitcoin was approaching deadline with effectively zero miner backing, some developers in the community have a different plan that skips …
“Over time the economic incentives will drive $DOG Mode’s adoption and force Bitcoin Core to stop gatekeeping and allow these completely valid transactions,” said Leonidas.
Silver (XAG/USD) trades around $55.50 at the time of writing on Friday, virtually unchanged on the day, but remains on track to post a weekly loss of nearly 7%. Despite an increasingly tense geopolitical backdrop, the w…
The Australian Dollar (AUD) trades marginally lower against the US Dollar (USD) at around 0.6990 during the European trading session on Friday. The Aussie pair edges down as the US Dollar ticks higher amid fears that th…
ESMA adds 14 CASPs to its MiCA register, with banks and Ripple Payments Europe among the new entries as total providers reach 294.
Airbnb CEO Brian Chesky said his X account was hacked, and the attacker posted a thread promoting tokenized real-world assets (RWAs) that was criticized as being heavily AI-assisted.
EUR/CAD remains flat after experiencing volatility, trading around 1.6070 during the early European hours on Friday. The currency cross may experience downward pressure due to potential weakness in the Euro (EUR). Expec…
Deutsche Bank’s Early Morning Reid describes a broad slump in global equities driven by renewed doubts over the AI trade. The S&P 500 fell 0.51% with futures down further, while the Nikkei, CSI 300 and Hang Seng posted …
About 19,000 Bitcoin options worth $1.2 billion and 123,000 Ethereum options worth $230 million expired on July 17, according to Greeks.live. Bitcoin options had a 0.9 put-call ratio and a $63,000 maximum pain level, wh…
Ether (ETH) fell twice as hard as bitcoin on Friday and hyperliquid's HYPE fell more than five times as hard, as a selloff in Asian semiconductor shares dragged every major cryptocurrency lower.
The Indian Rupee (INR) opens marginally higher against the US Dollar (USD) while entering the weekend. The USD/INR pair ticks down to near 96.30 as the Indian currency rises, following Reserve Bank of India’s interventi…
Shein's long-awaited Hong Kong initial public offering, targeting a valuation significantly below its private market peak, marks a strategic retreat for the fast-fashion giant, highlighting the steep price of regulatory…
Asian stock markets face a sharp sell-off on the last trading day of the week, tracking seeking negative cues from United States (US) equity markets. US technology stocks fell sharply on Thursday as stocks of sophistica…
Commerzbank’s Volkmar Baur notes EUR/USD is struggling for clear direction as the Iran conflict, Oil prices, and diverging inflation dynamics cloud the outlook. He highlights a strong link between Oil and ECB rate expec…
US spot Bitcoin ETFs attracted $79.2 million on Thursday, lifting their three-day inflow total to about $368 million as Bitcoin attempted a price recovery.
EUR/JPY extends its losses for the second consecutive day, trading around 185.70 during the Asian hours on Friday. The currency cross is holding above both the nine-period and 50-period Exponential Moving Averages (EMAs…
The NZD/USD pair edges lower to around 0.5840 during the early European session on Friday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) as escalating tensions in the Middle East trigger risk-off sent…
War has erased Iran’s already weak growth prospects. The economy shrinks as prices rise at one of the region’s fastest rates, forcing households to bear war, sanctions and years of economic mismanagement through fewer j…
The USD/JPY pair posts modest gains near 162.40 during the Asian trading hours on Friday. The US Dollar (USD) strengthens against the Japanese Yen (JPY) as the United States (US) launches a new wave of strikes against I…
“If we are not welcome, there are many other countries that would welcome us,” said Network School founder Balaji Srinivasan in a message to the Malaysian prime minister.
Gold (XAU/USD) attracts some buyers during the Asian session on Friday, reversing a part of the previous day's losses back closer to the monthly low. Any meaningful recovery, however, seems elusive amid a bearish fundam…