Roughly 10.83 million BTC are currently held at a loss, meaning their holders paid more than today's price, against 9.22 million still in profit, according to Glassnode data. It is the first time loss-making supply has …
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Ether and solana led crypto higher on Friday as a squeeze on bearish traders pushed bitcoin toward $62,000, capping the market's first genuinely strong week since mid June.
Fidelity’s FBTC led the charge with a hefty $165.96 million inflow, followed by ARKB at $91.84 million and HODL at $4.35 million. BlackRock’s IBIT, the world’s largest Bitcoin ETF, was the outlier with a $40.43 million …
Specifically, Chair Warsh said that “financial markets perform best when they react to incoming data. I think the financial markets work less efficiently when they ask a question. How will the Federal Reserve react to t…
Futures are trading lower after a big start to the holiday-shortened trading week, which saw every index trade higher, after the small-cap Russell 2000 eked out a tiny gain on the close, finishing up 0.01% at $3010, and…
Crude Oil finished Thursday at its lowest level in 18 weeks, which means the vast risk premium that built up around this year's conflict has fully bled away, back to pre-war levels. The interesting part is not the round…
Samsung Q2 profit seen surging to record high on AI-fueled windfall; shares fall
A June jobs report that undershot expectations by nearly half sent the Dow Jones Industrial Average (DJIA) to a fresh intraday record on Thursday, which reads like a contradiction until you look at what actually moved. …
The Australian Dollar (AUD) trades on the front foot against the US Dollar (USD) on Thursday as a weaker-than-expected US Nonfarm Payrolls (NFP) report pushed back expectations of an imminent Federal Reserve (Fed) inter…
Securitize (SECZ), a tokenization specialist backed by BlackRock and ARK Invest, began trading on the New York Stock Exchange on Thursday, and simultaneously brought its own shares to blockchain investors.
The US Dollar Index (DXY) trades under pressure on Thursday as weaker-than-expected US Nonfarm Payrolls (NFP) data dent expectations of a near-term Federal Reserve (Fed) rate hike.
Asset manager Bitwise said the sharp decline in Strategy’s (MSTR) perpetual preferred stock, STRC, is a hallmark of a maturing crypto cycle rather than evidence of a looming crisis at the company.
The AUD/USD pair climbed near the 0.6930 area on Thursday as the US Dollar (USD) came under pressure following softer-than-expected United States (US) labor market data. The pair advanced as investors trimmed expectatio…
USD/JPY falls 0.92% on Thursday and trades around 161.05 at the time of writing after a much weaker-than-expected US employment report weighs on the US Dollar (USD).
The Euro (EUR) gains against the US Dollar (USD) on Thursday after weaker-than-expected US Nonfarm Payrolls (NFP) data reduced expectations of an imminent Federal Reserve (Fed) rate hike.
Digital broker eToro (ETOR) is doubling down on decentralized finance (DeFi) as online brokerages race to bring blockchain-based trading to mainstream investors.
NZD/USD rises 0.59% on Thursday to trade around 0.5705 at the time of writing, supported by a sharp decline in the US Dollar (USD) following the release of a significantly weaker-than-expected US employment report.
Commerzbank’s Bernd Weidensteiner notes that weaker US employment data for June and downward revisions to prior months reduce pressure on the Federal Reserve to hike rates at the late-July meeting. With Oil prices sharp…
Gold (XAU/USD) trades on the front foot on Thursday as the US Dollar (USD) weakens amid rumors of a potential intervention by Tokyo after the Japanese Yen (JPY) hit a 40-year low earlier this week. The Greenback extende…
The US Dollar Index (DXY) came under pressure near the 100.90 level after the latest United States (US) employment report showed a clear slowdown in hiring. Nonfarm Payrolls rose by only 57,000 in June, while May’s gain…
DBS Group Research economist Radhika Rao notes that Indonesia’s onshore FX and bond markets have stabilised following a correction in global Oil prices, though gains are modest. She highlights USD/IDR’s move below 18000…
The company said Thursday the tokenized securities are issued on Ethereum through Oasis Pro TA, an SEC-registered transfer agent Ondo acquired last year. Financial infrastructure provider Broadridge (BR) will handle pro…
ING’s Carsten Brzeski analyses a new German government reform package focused on cutting red tape, increasing labour market flexibility, and capping healthcare and pension costs to restore competitiveness. He notes that…