AUD/JPY trims its daily losses following the cautious remarks from the International Monetary Fund on Friday. The IMF cautioned that Japan should stay vigilant against potential spillover effects stemming from increased volatility in global markets. The AUD could face challenges due to the dovish mood surrounding the RBA’s policy outlook. AUD/JPY remains subdued for the … Read more
Cryptocurrency analyst il Capo of Crypto shared his latest assessment following the deep decline in an altcoin that he had previously spoken in favor of bulls in his latest statement. While the Ethena (ENA) price was trading at around $0.90 in January, il Capo predicted that the token could climb to $1.33 after falling to … Read more
Bybit has successfully registered with the Financial Intelligence Unit India (FIU-IND). The Indian government mandates that all Virtual Digital Asset Service Providers (VDASPs) register with FIU-IND and adhere to strict AML and CFT measures. Bybit settled a $1 million penalty before securing approval. Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has registered with … Read more
On Thursday, the Chicago Board Options Exchange (Cboe) initiated a pivotal regulatory step by submitting 19b-4 filings to the U.S. Securities and Exchange Commission (SEC) on behalf of four prominent asset management entities—Bitwise, Wisdomtree, 21shares, and Canary Funds—to advance proposals for spot XRP exchange-traded funds (ETFs). Cboe Files 19b-4 Proposals for XRP Trusts Fundamentally, a … Read more
Another crypto market crash has occurred, with Bitcoin, XRP, Solana, and Dogecoin prices experiencing significant declines. This development comes amid economic uncertainty and the bearish sentiment among investors. Crypto Market Crash: Why Bitcoin, XRP, Solana, And Dogecoin Are Dropping CoinMarketCap data shows that the Bitcoin, XRP, Solana, and Dogecoin prices are dropping today amid another … Read more
Some early investors believe that Dogen, a new digital coin, could soar to $10 before XRP climbs to $5. This bold prediction is raising eyebrows in the crypto world. Could this underdog outpace a well-known player? The unfolding scenario might shake up expectations. The full story delves into these claims and what they could mean … Read more
Around 26,000 Bitcoin options contracts will expire on Friday, Feb. 7, and they have a notional value of roughly $2.5 billion. This week’s expiry event is about a third of the size of last week’s month-ending mammoth one. Therefore, there is likely to be a minimal influence on spot markets, which have retreated this week. … Read more
Countries are accelerating a shift away from the U.S. dollar in trade, with Russia and Ethiopia deepening currency ties to enhance economic stability and reduce reliance on foreign exchange. Global Shift Away From US Dollar Accelerates—Russia and Ethiopia Deepen Currency Ties Countries worldwide are increasingly shifting away from the U.S. dollar in trade, opting instead … Read more
Analysts speculate that rising Ether outflows from crypto derivatives exchanges are bullish, as they may lead to reduced selling pressure and closed leverage positions.
Ondo Finance’s new “Ondo Chain” is geared to serve institutions looking to tokenize real-world assets, but anyone can launch tokens and build apps on the network.