Bitcoin, Ethereum and XRP Price Analysis This Week: CPI Data in Focus
The post Bitcoin, Ethereum and XRP Price Analysis This Week: CPI Data in Focus appeared first on Coinpedia Fintech News
Finance
Indian Rupee: RBI measures support gains against US Dollar - Commerzbank
Commerzbank’s Dr. Henry Hao and Charlie Lay note that the Reserve Bank of India (RBI) has unveiled a broad package of tools to stabilise the Indian Rupee (INR), including a special Dollar facility for oil importers, tig…
Bitwise CIO Matt Hougan’s Top 4 Altcoin Picks for Long-Term Growth
Bitwise Chief Investment Officer Matt Hougan said Bitcoin could reach hundreds of thousands of dollars if more traditional investors allocate part of their portfolios to Bitcoin and gold. He cited rising government debt…
Standard Chartered adds Ripple USD custody, eyes LMAX collateral deal
Standard Chartered has launched custody for Ripple’s RLUSD stablecoin on the XRP Ledger and plans to let institutions use the tokens as trading collateral.
Indian Rupee gains significantly on fresh RBI measures
The Indian Rupee (INR) trades significantly higher against the US Dollar (USD) on Monday. The USD/INR pair falls 1% to near 95.80 as the Reserve Bank of India’s (RBI) fresh measures to curb US Dollar demand have brought…
Oil: Supply risks offset by Russia diesel deal – ING
ING analysts Warren Patterson and Ewa Manthey note that Oil prices are weaker despite heightened Middle East tensions, as strong Persian Gulf flows and a US-Russia diesel deal weigh on the market. They highlight that ad…
Indonesian Rupiah declines amid policy trade-offs
USD/IDR gains ground after registering losses in the previous day, trading around 17,940 during European hours on Monday. The pair appreciates as the Indonesian Rupiah (IDR) struggles under the weight of Indonesia's gro…
Gold slides further below $4,200 as USD bulls retain control amid Fed bets, Iran risks
Gold (XAU/USD) extends its intraday retracement slide from a one-week high, hitting a fresh daily low around $4,170 during the early European session on Monday. The US Dollar (USD) attracts fresh buyers after a modest d…
United States Dollar Index drifts lower amid softer bond yields; bullish bias intact
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts fresh sellers at the start of a new week, sliding back closer to the 102.00 mark during the Asian session. The index, howeve…
DATA Network to migrate to Sui, retire own chain
DATA Network, formerly known as Story, is planning to retire its independent blockchain and move its AI training data protocol to Sui, backed by a $30 million investment from Sui Foundation.
South Korea’s Jeonbuk Bank Launches First Bitcoin-Backed Corporate Loans
The post South Korea’s Jeonbuk Bank Launches First Bitcoin-Backed Corporate Loans appeared first on Coinpedia Fintech News
Canadian Dollar flat lines around 1.4250 as sliding oil prices counter USD softness
The USD/CAD pair struggles to capitalize on a modest gap-up open at the start of a new week, retreating back to mid-1.4200s during the Asian session. However, a combination of diverging forces warrants some caution befo…
New Zealand Dollar weakens as Middle East conflict elevates inflation risks
NZD/USD remains subdued for the second successive day, trading around 0.5610 during Asian hours on Monday. The currency pair depreciates as the New Zealand Dollar (NZD) struggles, with traders continuing to monitor the …
Saudi-led coalition says it intercepted Houthi ballistic missile toward Khamis Mushait
The Saudi-led military coalition said that it has intercepted and destroyed a ballistic missile fired by Yemen's Houthis towards southern Saudi Arabia, the Time of Israel reported on Sunday.
India steps up currency defense with tougher US Dollar curbs — Reuters
India unveiled a new measures to boost the Indian Rupee (INR), redirecting oil companies' US Dollar purchases away from the spot market and tightening hedging rules, Reuters reported on Saturday. The move comes as the …
XRP Ledger defends emergency patch for unlimited XRP bug
The XRP Ledger Foundation pushed back against claims that its emergency security patch was forced on network operators.
Japanese Yen holds range amid Japanese holiday, dovish BoJ signals
USD/JPY depreciates after registering modest gains in the previous trading day, hovering around 158.10 during Asian hours on Monday. The pair may see limited movement due to thin trading conditions as Japanese markets a…
British Pound gains positive traction as USD remains depressed on softer bond yields
The GBP/USD pair attracts some buyers for the third straight day, trading around mid-1.3200s during the Asians session on Monday, though it remains confined in a familiar range held over the past three weeks or so.
Ledger attack spreads to EU, AI finds ’18 trillion XRP’ bug: Hodler’s Digest
An user reports buying a tampered Ledger from a big retailer in Europe. Security researchers use AI to uncover a “$94 billion” XRP bug — but receive just a $250K bounty.
Clarity's failure could speed crypto innovation while shielding incumbents
The Digital Asset Market Clarity Act’s failure to advance in the Senate has shifted the next phase of U.S. crypto regulation to the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC…
Bitcoin, Ethereum and Solana ETFs All in the Red for October
U.S. spot Bitcoin ETFs took in $21.1 million on Friday, according to Decrypt’s ETF tracker. That’s a modest bounce after back-to-back outflows of $484.9 million on Wednesday and $244.1 million on Thursday. Even so, the …
Tokenized Stocks Show Real Demand But Remain Volatile and Illiquid, IMF Finds
Tokenized stocks may be a small market, but their traders aren’t keeping Wall Street hours.
Saylor teases Strategy Bitcoin buying after ending September with STRC buybacks
Investors will have to wait an extra day to find out if and how much Strategy added to its Bitcoin treasury in the first week of October.
Everyone wants SCOTUS to take up prediction markets: State of Crypto
A number of parties filed amicus briefs to the Supreme Court of the United States last week, urging it to take up a case on whether sports-based prediction market contracts are swaps, or not. And on Friday, the CFTC put…