Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
CANBERA (dpa-AFX) - Anxiety is writ large in global markets amidst anticipation ahead of the release of the minutes of Fed's latest meeting, to be released on Wednesday afternoon. Despite enthusiasm surrounding artificial intelligence and its prospects, renewed worries about the spike in AI-related …
Former BitMEX CEO Arthur Hayes believes the AI investment mania will be a major positive catalyst for Bitcoin if it ends up crashing down.In an interview with CNBC at the Gamma Prime Investing Conference in Singapore, Hayes said that the excessive investments pouring into AI data centers are ripe fo…
Bitcoin fell to $83,570 over the past 24 hours as tensions around the Strait of Hormuz pushed oil prices above $100 a barrel. The sharp drop wiped out about $80 billion from the crypto market within hours and triggered nearly $550 million in liquidations, with leveraged long positions taking most of…
Bitcoin stays weaker after reaching a one-week low overnight as the dollar and Treasury yields rise along with oil prices due to the Middle East conflict. Meanwhile, the Federal Reserve's September meeting minutes are due at 1800 GMT. "A cautious tone on further tightening would reinforce the pause …
Robinhood has added $25 million worth of bitcoin (BTC) to its balance sheet, as the trading platform steps up efforts to demonstrate its bullish stance on the world's largest cryptocurrency.Johann Kerbrat, Robinhood's senior vice president and general manager of crypto and international, told The Bl…
Federal prosecutors cited a recent appeals court ruling involving cryptocurrency mixer Bitcoin Fog as supplemental authority for their opposition to Tornado Cash developer Roman Storm’s acquittal.In a Monday filing, prosecutors cited a Sept. 25 appeals court ruling that affirmed the convictions and …
The crypto market slid on Wednesday as Bitcoin fell 1.7% to about $84,100 and Ethereum dropped 3.5%. Leveraged traders had piled back in, so the dip forced out $403.58 million in long bets within an hour.The flush revived fears of a 10-10 repeat. However, the data shows leverage has rebuilt while th…
0727 GMT - The euro falls, albeit staying above recent lows, as oil prices increase and French government bond yields resume rising amid concerns about the country's indebtedness. In an interview with The Wall Street Journal, French Finance Minister Roland Lescure said the government was prepared to…
0803 GMT - Gold prices fall as investors await the release of the Federal Reserve's meeting minutes for more cues on this year's inflation and monetary policy outlook. According to the FedWatch tool, traders are pricing in less than a 22% chance of further hikes this month. In early European trading…
Russia has registered its first cryptocurrency exchange operators and digital custodians under new crypto regulations that took effect on Sept. 1.The Bank of Russia on Tuesday published its first registers of authorized crypto operators, listing four exchange operators and five custodians.Russia’s l…
By Joseph WilkinsBitcoin slipped to a one-week low overnight after failing to capture the optimism enjoyed by U.S. equity markets following a fresh tech rally.The S&P 500 and Nasdaq composite surged to new records on Tuesday in the latest leg of a tech-led upswing in equities. But bitcoin slipped ov…
BlackRock (BLK), the world's largest asset manager, stated in a paper published on Monday that AI agents will need payment systems machines can use on their own, and that stablecoins and crypto assets could fill that role.The asset manager explained in the report that the research findings pointed t…