Bitcoin’s hot summer has come up against Red September once again, today down close to another 1% after a monster 20% rally. It’s not alone, as macro forces weigh on markets across the board.
USD/CAD rebounds on Tuesday after hitting an intraday low of 1.3760 and trades around 1.3790 at the time of writing, down 0.18% on the day. The Canadian Dollar (CAD) retains part of its gains against the US Dollar (USD)…
UOB’s Quek Ser Leang and Lee Sue Ann note GBP/USD edged higher to around 1.3545, with no significant build-up in momentum but a modest upside tilt toward 1.3565 in the near term. They stress that major resistance at 1.3…
Cynthia Lummis says the CLARITY Act could fail if Democrats refuse to compromise.
The New York Federal Reserve (Fed) released on Tuesday the August Survey of Consumer Expectations, in which households' inflation expectations dipped in the medium term, while expectations about the labor market remaine…
Its portal will tokenize property identities while keeping sensitive data on HashSphere.
Forex markets have remained subdued since the beginning of the week, with the US Dollar (USD) holding near 99.00 on Tuesday, as depicted by the US Dollar Index (DXY). Geopolitical developments in the Middle East, a jump…
Strive bought 1,375 BTC for about $109 million between Aug. 31 and Sept. 4 at an average price of $79,281 per coin, according to CEO Matt Cole, lifting its total stack to 24,531 BTC.
A whale reportedly accumulated 285,503 SOL worth approximately $28.82 million over three weeks.
The Loonie gains some traction versus the Greenback, while the latter posts modest losses, as US and Canadian financial markets remain closed in observance of Labour Day. Nevertheless, the USD/CAD edges lower by some 0.…
The Mexican Peso (MXN) remains unchanged against the US Dollar (USD) on Tuesday as market participants await the release of Mexico’s Fiscal package, which will be delivered to the Mexican Congress for approval. At the t…
The North American midstream sector is entering a period of accelerated growth. Surging liquefied natural gas (LNG) exports and rapidly expanding power generation demand are driving record multi-billion-dollar project b…
Faith-Based Investing is not new. For generations, religious individuals and institutions have sought to align financial resources with moral and religious principles. What is changing is the range of investment structu…
The US dollar spiked to the upside on Friday after the US NFP report showed job growth in August almost tripling the consensus estimate of 56K. The dollar gains didn’t last long, though, as most of the NFP-driven moves …
Visa is combining VisaNet settlement data with blockchain lending as stablecoin payment volume on its network jumps nearly 200% year over year.
TD Securities economists Oscar Munoz, Eli Nir, Gennadiy Goldberg and Molly Brooks expect August Core CPI to rise 0.19% m/m, with services driving gains and core goods offsetting. They project Core CPI at 2.3% y/y and He…
The company says it holds roughly 4.9% of Ethereum’s supply, with most of its tokens staked to earn rewards.
Robinhood is buying its way into the machinery behind its own prediction markets business. The trading app announced Tuesday it will take minority equity stakes in both Crypto.com and OG.com, the prediction markets plat…
Cronos, a blockchain network backed by Crypto.com, erased nearly two hours of transaction history to reverse approximately $111.2 million tied to an exploit of lending protocol Tectonic, according to a network post-mort…
XRP is trading at $1.44, up 2.3% today and 4.6% over the past week, as the token holds an important support zone between $1.30 and $1.40, with $1.30 in particular acting as a critical level to watch.
The Dow Jones Industrial Average trades near 52,900, roughly 190 points lower, in the first session since Friday. Crude Oil has risen for six days running and the two-year Treasury yield sits at its highest since Januar…
TD Securities notes that the Colombian Peso (COP) has been a top high-yield performer but sees its supportive mix of tight monetary and loose fiscal policy fading. With Banco de la República’s (BanRep) hiking cycle near…
While Bitmine’s completed 97% of its goal to acquire 5% of Ether’s supply, Tom Lee’s team faces a $5.1 billion unrealized loss on its main treasury asset.
The Pound Sterling (GBP) registers modest gains of over 0.08% on Tuesday as Bank of England (BoE) policymakers testify before the UK Treasury Select Committee, while a light economic docket in the US keeps the Greenback…