On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0014 compared to the previous day's fix of 7.0006 and 6.9578 Reuters estimate.
Bitcoin just tanked $2,000 in minutes, now sitting at $86,888 after over $360 million in leveraged longs got liquidated. That’s a 9% drop in 48 hours. Gold is now at $4,820 and still climbing fast. It’s getting close to the $5,000 mark as traders pile in.
Following geopolitical tensions surrounding the US proposed acquisition of Greenland, Gold and Silver have surged to record highs while Bitcoin and Ethereum — often considered digital alternatives to the two traditional metals — are crashing alongside US equities.
Gold price ( XAU/USD) climbs to near $4,775 during the early Asian trading hours on Wednesday. The precious metal extends the rally and is poised for another record high amid a time of political and economic uncertainty.
EUR/USD rallies for the second straight day, gains over 0.69% as the US Dollar gets ditched over US President Trump threats of imposing duties on European countries on his ambitions to take over Greenland. Economic data in Europe and the US take’s the backseat at the time of writing.
The US Federal Trade Commission said it will challenge a judge’s decision from November that sided with Meta Platforms Inc. over its purchases of Instagram and WhatsApp. Judge James Boasberg said the deals for the photo-sharing app and messaging service didn’t break antitrust laws. He found the social networking company didn’t illegally control the market […]
The British Pound (GBP) traded with a cautious tone on Tuesday as investors digested mixed UK labour market data. While unemployment held steady, slower wage growth dampened confidence and revived expectations that the Bank of England could move toward interest rate cuts later in the year.
The USD/JPY pair trades on a flat note near 158.20 during the early Asian session on Wednesday. The pair steadies as US President Donald Trump's renewed tariff threats offset political uncertainty in Japan.
Huawei has responded to the European Union’s plan to phase out its technology, calling the decision a violation of the union’s principles. The European Union had earlier proposed a new plan to remove suppliers that the bloc’s decision makers determine to be “high risk” from critical sectors. Huawei accuses the EU of violating its own […]
The Cardano Foundation has delegated a total of 220 million ADA to 11 selected Delegated Representatives aka DReps, which comes up to around $77 million at current prices. All 11 of these representatives were chosen by the community or are prominent figures in the Cardano ecosystem who vote on governance issues on behalf of delegated […]
Ethereum (ETH) has always been a fundamental part of the cryptocurrency market, but as the market sees its price consolidate, some investors are now seeking out projects that are in an earlier stage of development and offer more potential for growth. Enter Mutuum Finance (MUTM), the current top crypto in its presale stage, now in […]
The Justice Department told a federal court on Tuesday that Elon Musk’s DOGE team, working inside the Social Security Administration, stored sensitive Social Security data on servers that were never approved by the agency. The filing also said two members of the team secretly communicated with an outside advocacy group tied to efforts to overturn […]
Advanced AI chips have become the new front line in global tech rivalry, with Anthropic’s CEO warning against sales to rival nations. Speaking at the World Economic Forum, Anthropic CEO Dario Amodei made a stark comparison when discussing advanced computer chips used for AI development. He said that selling these chips to rival nations would […]
Delaware Life Insurance Company, a subsidiary of Group 1001, has added BlackRock’s U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed indexed annuity (FIA) offerings. This makes Delaware Life the first U.S. insurer to add cryptocurrency exposure to its annuity structure. How will the Bitcoin-linked index work for policyholders? Delaware Life’s announcement that it […]
Dogecoin (DOGE) remains in the limelight with its speculations of reaching $1. But most analysts have their eyes on Mutuum Finance (MUTM) as the next crypto to hit $1. This is because MUTM is offering a low entry point and actual DeFi use cases. Currently, MUTM is in Phase 7 of its presale at $0.04, […]
Gold (XAU/USD) price rallies past $4,750 to a new record high near $4,766 on Tuesday amid escalating geopolitical tensions, including the trade war between the US and the European Union, along with the sudden jump of global bond yields, following a “tepid 20-year debt auction earlier in the day,” ac
World Liberty Financial (WLFI) has announced it will host the World Liberty Forum, a central forum aimed at bringing together leaders across sectors, including capital, technology, and regulation. According to Donald Trump Jr, the event will discuss the future of finance. According to the Trump-backed DeFi project, the invitation-only event will feature leaders from global […]
Last week, Jason Gewirtz, the vice president of news at CNBC, received a phone call that nearly led to his Coinbase account being taken over. The call came around 1:30 p.m. His iPhone showed a 650 area code linked to San Francisco Bay. According to Jason, he answered the call, and the man on the […]
Michael Selig, the current Chairman of the US Commodity Futures Trading Commission (CFTC), recently talked about what he described as a “Future-Proof” initiative, which focuses on modernizing the CFTC’s regulatory approach to emerging markets, with a strong emphasis on digital assets and other innovative areas like prediction markets. Selig says that under his leadership, the […]
A Wall Street analyst expects Apple to launch its first foldable smartphone later this year, shaking up a market currently dominated by Samsung. Citi analyst Atif Malik predicts the foldable iPhone will debut at Apple’s annual fall event alongside the iPhone 18 Pro and Pro Max models. The device is expected to cost around $2,000, […]
The Canadian Dollar (CAD) caught a second straight leg higher against the US Dollar (USD) on Tuesday as markets extend their USD-negative flows following renewed threats from US President Donald Trump to force a sale of Greenland to the US.
Ethereum's (ETH) recent surge in network activity can be traced to increased address poisoning attacks following a decline in gas fees, according to onchain researcher Andrey Sergeenkov.
Recently published data shows that most Instagram ads ran on Reels in 2025, playing into Meta’s efforts to push engagements and ad revenue across its platforms. According to intelligence firm Sensor Tower, advertisers trailed audiences into short video, leaning on AI-driven recommendations that highlight what users see and how long they stay. Reels drives engagement […]
Coinbase co-founder and CEO Brian Armstrong said that tokenization can level the financial playing field and provide access to the world's most lucrative markets for all.
Bitcoin once again is in the limelight as the inflows of strong spot ETFs move the price closer to the long-awaited price of $100,000. The significant drivers according to analysts are the lower exchange supply and the bullish chart patterns. Nevertheless, when everyone is paying attention to Bitcoin, smart money is silently shifting towards other […]
Carmakers are staring down another parts problem. The craze to build AI data centers is squeezing supplies of memory chips that vehicles depend on. Memory chip costs have more than doubled, UBS analysts said Tuesday, as reported by Bloomberg. David Lesne’s report warned that disruptions could kick off in the second quarter and hurt global […]