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Este artículo también está disponible en español. Crypto exchange Phemex appears to have been the victim of a multi-million exploit on Thursday, according to online reports. Millions worth of USDT, USDC, Ethereum (ETH), and other crypto assets were stolen from the exchange’s hot wallets, resulting in a temporary half of withdrawals. Related Reading Phemex Suffers […]
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Este artículo también está disponible en español. On-chain data has unveiled an impressive surge in the Shiba Inu burn rate, skyrocketing by more than 600% in just one day. This sharp rise in token burns indicates a growing interest in decreasing the overall supply of SHIB. Moreover, it has raised the possibility that the SHIB […]
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US President Donald Trump said Friday that he “would rather not have to use tariffs on China.” Trump further noted that he thinks can make a deal with China. His comments came after he spoke to China’s President Xi Jinping on Thursday. Market reaction Trump’s comments lift risk sentiment, propping up the higher-yielding Australian Dollar […]
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On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1705 as compared to the previous day’s fix of 7.1708 and 7.2779 Reuters estimates. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate […]
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Este artículo también está disponible en español. Chainlink (LINK) is navigating a turbulent market phase, recently experiencing an 11% decline after reaching a local high of $27 yesterday. This pullback reflects the heightened volatility sweeping through the cryptocurrency market, particularly affecting altcoins. Many altcoins, including Chainlink, are facing sharp declines and aggressive price swings as […]
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WTI price declines to $74.10 in Friday’s early Asian session. Trump said he will ask OPEC to lower oil prices. US crude oil inventories dropped by 1.017 million barrels last week, according to the EIA. West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $74.10 on Friday. The WTI price extends its downside after […]
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The Bank of Japan is set to hike interest rates to 0.50% on Friday. All eyes will remain on the language in the policy statement and Governor Ueda’s press conference. The Japanese Yen could witness intense volatility on the BoJ policy announcements. The Bank of Japan (BoJ) is widely expected to raise the short-term interest […]
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Este artículo también está disponible en español. After a flash crash to $89,256 earlier this month, Bitcoin (BTC) made a swift recovery, reaching a new all-time high (ATH) of $108,786 on January 20. However, according to a crypto analyst, further upside could be limited until the Federal Open Market Committee (FOMC) meeting later this month. […]
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The Dow Jones climbed another 350 points on Thursday, gaining 0.8%. Markets are dealing with a lack of meaningful data by hitting the buy button. US PMI figures loom ahead on Friday, but Trump headlines dominate. The Dow Jones Industrial Average (DJIA) continued its steady drift into the high end on Thursday, gaining 0.8% and […]
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XRP is currently navigating a pivotal phase, trading within a well-defined consolidation range of $2.9 to $3.4. This narrow band reflects a balanced struggle between bullish optimism and bearish caution as neither side has yet mustered the strength to trigger a decisive price movement. Historically, such periods of consolidation are often precursors to significant market […]
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