Under pressure on the day – OCBC

Euro (EUR) continued to trade under pressure on tariff concerns – be it universal tariffs, reciprocal tariffs or tariffs on European autos. EUR was last at 1.0325 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note. Bullish momentum on daily chart fades “Last week, Trump told the BBC that tariffs on EU goods imported … Read more

El Salvador Continues Buying Bitcoin Despite IMF Pressure

The government of El Salvador has continued buying bitcoin despite the deal reached with the International Monetary Fund (IMF) in December. According to the National Bitcoin Office, in the last 7 days, Bukele’s administration acquired 18 BTC, with its total reserve reaching 6.073 BTC, nearly $584,000. “Stacked again,” the organization posted on social media, reinforcing … Read more

Base denies selling ETH, says the network is committed to Ethereum

Coinbase’s layer-2 network, Base, has denied allegations of selling its Ethereum (ETH) holdings. Over the weekend, crypto community members pointed out that Base has funneled sequencer fees to Coinbase, sparking concerns about transparency and potential ETH sales. However, Base strategist Kabir Sadarangani refuted these claims, asserting that the accusations of a lack of transparency and … Read more