Russia clears first crypto exchanges, custodians under new law
Russia registered its first crypto exchanges and custodians, including its largest bank, Sberbank, which plans to launch crypto products on Dec. 1.
Finance
FX Daily: Fed Minutes Shouldn’t Rock the Boat
A hawkish dot plot in September suggests today's FOMC minutes shouldn’t surprise on the dovish side. At the same time, softish post-meeting data probably raise the bar for a positive dollar reaction today. Eyes should r…
USD/INR remains broadly muted after RBI’s 25 bps hike in Repo Rates to 5.5%
The Indian Rupee ((INR) remains broadly muted at around 96.37 against the US Dollar (USD) after the Reserve Bank of India’s (RBI) monetary policy decision. In the policy meeting, the RBI decide to hike its Repo Rate by …
DOJ invokes Bitcoin Fog ruling in potential blow to Roman Storm acquittal bid
Prosecutors say a recent Bitcoin Fog appeals court ruling supports their argument that Tornado Cash activity in Manhattan was enough to establish venue for parts of Roman Storm’s case in New York.
Why Is Stacks Suddenly on Everyone’s Radar?
STX price jumped 6.19% to around $0.408 in the latest session, extending its recovery from the August lows.
WTI Price Forecast: Sticks to gains near $89.50; bulls seem hesitant below 200-SMA on H4
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts some follow-through buying for the second consecutive day on Wednesday, building on the previous day's rebound from an over one-month low. The …
Gold weakens amid renewed USD strength and higher bond yields, ahead of FOMC Minutes
Gold (XAU/USD) meets with a fresh supply during the Asian session on Wednesday, stalling the previous day's modest bounce from the $4,100 neighborhood, or a two-month low.
Cardano gives token issuers power to freeze, seize and restrict assets
The Cardano Foundation has launched a token standard that lets issuers of stablecoins, funds and bonds decide who can receive their assets, and freeze or seize holdings when the rules require it.
Why Are Bitcoin, Ethereum And XRP Prices Crashing Today?
Bitcoin fell $1,600 in about 15 minutes and dropped below $84,000, according to market trackers, and is now trading near $84,195, down 2.1% over 24 hours. Ethereum is at $2,613.53, down 3.5%, and XRP is at $1.47, down 2…
Bitcoin.de trading remains halted as German regulator rejects MiCA application
Trading on the platform has largely been suspended since June as its operator awaited MiCA authorization, with the company now looking to regulated partners to restart services.
XRPN Nasdaq Debut Delayed Four Days As Evernorth Resets Closing Date
The post XRPN Nasdaq Debut Delayed Four Days As Evernorth Resets Closing Date appeared first on Coinpedia Fintech News Evernorth said an administrative delay, which it does not expect to affect the closing, has pushed b…
US VP Vance says Iran must reduce nuclear enrichment capacity to end war
US Vice President (VP) JD Vance said that Iran must reduce nuclear enrichment capacity to satisfy US demands and end the countries’ seven-month war, Reuters reported on Tuesday. Vance added that Washington remained open…
Japan real wages rise 1.5% in August, eighth straight monthly gain
Japan's real wages climbed 1.5 percent in August compared with the same month a year earlier, according to Reuters, extending the run of increases to eight consecutive months and signaling a continuing recovery in pay g…
The Pound climbs against the Japanese Yen as the BoJ gives no hike signal
210.00 has capped GBP/JPY three times since September 24, give or take a few pips, the latest on Tuesday. The cross trades just under it, in the upper part of a band that has contained it since early September.
Mexican Peso post gains as lower US yields revive the carry trade
The Mexican Peso stages a comeback against the US Dollar on Tuesday as the latter weakens amid profit-taking and lower US Treasury yields, with traders awaiting the release of the minutes of the Federal Reserve’s last m…
The Australian Dollar slips against the New Zealand Dollar as confidence sinks
Australian consumer sentiment fell 4.7% to 80.4 in October, and the Reserve Bank of Australia (RBA) hike on September 29 did most of the damage. AUD/NZD trades just above 1.2400 on its first down day after a three-sessi…
RBI raises the Repo Rate by 25 bps to 5.5% in October, as expected
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) announced on Wednesday that it raised the benchmark Repo Rate by 25 basis points (bps) to 5.50% from 5.25% following the conclusion of the October moneta…
US FAA looks to streamline rules for commercial space launches
MELBOURNE, Fla. – The Federal Aviation Administration has proposed a rule that would allow the agency to waive requirements tied to 13 federal laws for certain commercial space licenses and permits.
Pudgy Penguins-backed Abstract to shut down after ‘tens of millions’ in losses
Igloo CEO Luca Netz said the company funded Abstract for 18 months but still failed to find product-market fit despite attracting major brands and a community of millions.
Conduit sues Tether over allegedly freezing $2.8M without explanation
The lawsuit alleged that Tether froze USDt funds in a Conduit wallet tied to an investigation launched by Brazilian authorities in 2024.
The Japanese Yen flatlines through a BoJ speech that changed nothing
On Tuesday, Bank of Japan (BoJ) Governor Ueda gave his first major speech since the September 18 hike, and USD/JPY's whole range stayed inside Monday's. The pair trades just above 158.00, with futures still pricing abou…
Gold rises above $4,150 as bond yields turn lower, traders await FOMC Minutes
Gold price (XAU/USD) rises to near $4,165 during the early Asian session on Wednesday. The precious metal rebounds as long-dated Treasury yields eased from Monday’s multi-decade highs and oil prices fell.
Pudgy Penguins' Ethereum Layer-2 Abstract Is Shutting Down
Abstract, the Ethereum layer-2 network built by Pudgy Penguins parent company Igloo Inc., is shutting down after struggling to scale beyond its consumer crypto niche.
BoJ’s Sato signals support for future rate hikes
The Bank of Japan's (BoJ) new policymaker Ayano Sato said that she supports the idea of raising interest rates in several stages, Reuters reported on Tuesday.