The Eurozone industrial sector activity declines 0.1% in July, according to data published by Eurostat. The industrial output was expected to decline but at a faster pace of 0.2%. In June, the data also contracted by 0.…
West Texas Intermediate (WTI) oil price depreciates after posting nearly 3% gains in the previous day, trading around $100.00 per barrel during European hours on Wednesday. Crude oil prices slid after reports emerged th…
The GBP/USD pair attracts fresh sellers following an intraday uptick to the 1.3500 neighborhood and drops to the lower end of its daily range during the first half of the European session on Wednesday. Spot prices curre…
ING’s Francesco Pesole highlights that the Federal Reserve announcement could push EUR/USD towards the 1.150 target. He notes that below 1.150 risks become more balanced given technicals, short-term valuation and rate d…
For years, bitcoin miners traded like a leveraged bet on the token they produce. That relationship broke down over the past year, according to a recent CoinShares report. Key Takeaways: Bitcoin fell 31% over the past ye…
Germany’s largest bank is awaiting regulatory approval to launch institutional custody solutions for Bitcoin, Ether and select stablecoins before expanding into tokenized assets.
Gold (XAU/USD) consolidates gains on Wednesday after advancing during Asian trading hours, supported by a modest pullback in Oil prices and US Treasury yields. The move helps the precious metal recover from its lowest l…
Federico Variola says AI has diverted capital from crypto and is empowering attackers, while rising cybersecurity costs could push the industry toward greater centralization.
The Japanese Yen (JPY) turns flat against the US Dollar (USD) at around 155.00 in the European trading session on Wednesday after recovering its early losses. The USD/JPY pair is expected to trade cautiously, with marke…
Binance co-founder Changpeng Zhao said the CLARITY Act setback will not stop crypto development, arguing that technological progress will continue. Coinbase CEO Brian Armstrong also said the Senateâs failure to advanc…
Cryptocurrency exchange CoinEx said Tuesday it will cease operations and begin an orderly wind-down, closing the exchange on Dec. 22—nine years to the day after it went live in 2017. Users have until that deadline to wi…
EUR/CAD extends its gains for the second consecutive day, trading around 1.6090 during European hours on Wednesday. Traders are closely watching the European economic calendar, as the seasonally adjusted Eurozone Indust…
Grayscale has allocated 26.11% to XRP in its new Next Gen portfolio, making it the second-largest holding behind Ether at 42.34%. Solana follows with a 21.09% allocation. Together, the three assets account for nearly 89…
XRP price fell more than 11% during the day, with the sharpest drop coming after the U.S. Senate failed to advance the CLARITY Act. XRP traded near $1.28, down from about $1.47 at the start of the session. Its market ca…
Deutsche Bank’s Henry Allen and colleagues note that the S&P 500 has retreated to a six‑week low as higher Oil prices and stagflation fears weigh on risk assets. They highlight that markets now price a 94% probability o…