BoC reaction function is crucial for FX – ING

The balance of growth and inflationary effects from US tariffs is of huge importance for FX, as this will determine the Bank of Canada’s policy reaction and potentially widen the USD-CAD rate gap even further, ING’s FX analysts Francesco Pesole and James Knightley note. BoC cuts exacerbate the depreciation of CAD “With 75% of Canada’s … Read more

TRUMP Token Suffers Major Value Drop

The TRUMP token, associated with former President Donald Trump, has plunged dramatically in value over the last day, reflecting a broader market downturn. Having once reached a market capitalization of $14 billion within 48 hours of its launch, the token has now seen a staggering decline of approximately 75% from its peak, raising alarm among … Read more

Global Markets Shake to the Core: Trump Tariffs Slam Crypto, Stocks, as Gold Shines

A mere three days prior, the aggregate valuation of the crypto economy registered at $3.36 trillion; within this fleeting interval, a staggering $250 billion has vanished, diminishing the total to $3.11 trillion. This massive depreciation against the U.S. dollar coincides with President Trump’s imposition of fresh tariffs on American trading partners, amplifying global economic frictions … Read more

What’s Next for ETH After 25% Daily Crash?

Ethereum’s price has experienced a massive crash today, sending shockwaves throughout the crypto market. Many investors are now wondering whether this is the beginning of a new bear market or a substantial short-term liquidation event. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart As the daily chart suggests, the Ethereum price dropped all the … Read more

ZK International reveals its plan to launch xSigma Wallet

ZK International (ZKIN) via its research labs-based subsidiary, xSigma Corporation, has announced its plan to launch its own crypto banking wallet soon.  Named after ZK International’s subsidiary, xSigma Wallet, will allow its users to purchase memecoins and cryptocurrencies directly by Google Pay, Apple Pay, PayPal and Visa/MasterCard Credit Cards.  The announcement comes in line with … Read more