According to COINOTAG News on June 16, the Crypto Fear and Greed Index registered a value of 61, slightly up from 60 the previous day, signaling a sustained market sentiment of greed. This index, which ranges from 0 to 100, aggregates multiple key indicators including volatility (25%), market trading volume (25%), social media sentiment (15%), … Read more
GBP/USD kicks off the new week on a softer tone amid rising geopolitical tensions. The USD struggles to gain any meaningful traction and lends support to the major. Traders also seem reluctant ahead of the UK CPI and Fed/BoE meetings this week. The GBP/USD pair remains on the defensive below a three-year top touched on … Read more
Key Points: Major cryptocurrency thefts affect individual investors; losses up to $6.5 million. Incidents involve wallet compromises and social engineering methods. Focus shifts from contracts to centralized services and personal wallets. Individual cryptocurrency investors have encountered multiple significant thefts, including a $6.5 million loss, during the past week. These thefts underscore rising cybersecurity challenges facing … Read more
The $30 trillion in U.S. Treasuries used as a store of value is bitcoin’s real opportunity, positioning itself as the next financial safe haven as confidence in government debt unravels. Bitwise CEO: Bitcoin’s Opportunity Is the $30T Held in Treasuries as a Store of Value Asset management executive Hunter Horsley, CEO of Bitwise, expressed a … Read more
Iran informed mediators Qatar and Oman that Tehran “will not negotiate while under attack,” according to an official briefed on the negotiations, as Israel and Iran exchanged huge strikes. The source said that “Reports Iran has approached Oman and Qatar with a request to engage the United States to broker a ceasefire with Israel and … Read more
Key Points: Geopolitical tensions and diversifying strategies increase gold prices. Gold price nears all-time high on safe-haven demand. Central banks diversify away from USD, boosting gold demand. Gold prices surged significantly in early Asian trading on Monday, reaching $3,450 an ounce as escalating tensions between Israel and Iran prompted investor interest in safe-haven assets. The … Read more
Regulations Vietnam’s National Assembly approved a sweeping law to legalize digital assets. Set to take effect on January 1, 2026, the “Law on Digital Technology Industry” defines and regulates crypto assets for the first time. It introduces two asset classes: virtual assets and crypto assets. These do not include fiat currency, securities, or traditional financial … Read more
AUD/USD extends the decline to 0.6485 in Monday’s early Asian session. Heightened geopolitical tensions in the Middle East underpin the US Dollar and create a headwind for the pair. China’s Retail Sales and Industrial Production will be in the spotlight on Monday. The AUD/USD pair weakens to 0.6485 during the early Asian session on Monday. Escalating … Read more
Ripple’s CEO says XRP is positioned to capture 14% of SWIFT’s cross-border payments market within five years, as liquidity eclipses legacy messaging systems in global finance. XRP on Track to Seize 14% of SWIFT’s Market by 2030, Says Ripple’s CEO Ripple CEO Brad Garlinghouse voiced confidence in XRP’s strategic position in global payments last week … Read more
ABU DHABI, UNITED ARAB EMIRATES – OCTOBER 26:Ilia Topuria of Spain prepares to face Max Holloway in … More the UFC featherweight championship fight during the UFC 308 event at Etihad Arena on October 26, 2024 in Abu Dhabi, United Arab Emirates. (Photo by Chris Unger/Zuffa LLC) Zuffa LLC Ilia Topuria competes for the vacant … Read more