Oil prices fell yesterday with ICE Brent down 1.35% and settling below US$80/bbl. Reports of a potential ceasefire between Israel and Hamas would have supported this move. This is the first daily decline since the US announced stricter sanctions against the Russian energy sector. It is still unclear what the impact of these sanctions will … Read more
The United States Securities and Exchange Commission (SEC) is suing Elon Musk, the tech billionaire and a Dogecoin supporter, for failing to file his Twitter (now X) timely acquisition disclosures. The SEC alleges that Musk bought Twitter, the then-public company, at “artificially low prices” due to this delay. The regulator claims Musk saved $150 million … Read more
US Dollar (USD) slipped overnight after PPI missed estimates (+0.2% m/m vs. 0.4% expected), OCBC’s FX analyst Christopher Wong notes. Bearish divergence appears on RSI “Earlier report on Trump team considering a schedule of gradual tariffs increasing by about 2% to 5% a month also helped to support sentiments. Most non-USD FX rebounded while Dollar … Read more
Moonpay, one of the largest crypto onramps, has recently acquired Helio, a Solana-focused payment processor. With the deal, Helio will remain a separate brand, operating as a Moonpay subsidiary, with its employees becoming shareholders. Moonpay Acquires Helio in $175 Million Deal Moonpay, one of the leading crypto onramps, has announced the acquisition of Helio, a … Read more
CAT Elliott Wave Analysis Trading Lounge. Caterpillar Inc., (CAT) Daily Chart. Function: Counter Trend. Mode: Corrective. Structure: Complex. Position: Wave {iv} of 3. Direction: Bottom in {iv}. Details: We could have a wave {iv} in place which would suggest the trend is strong. If not we could have completed wave (a) of {iv}. CAT Elliott Wave technical … Read more
BTC price upside is primed to reach a minimum of $145,000 over the coming year as pro-Bitcoin US policy takes shape.
European Central Bank (ECB) Vice President Luis de Guindos said on Wednesday that “if incoming data confirms our baseline, we can expect further rate cuts.” Further comments Risks to economic growth remain tilted to the downside. The disinflation process is well on track. We are not pre-committing to a particular rate path. If incoming data … Read more
Thailand’s SEC is reviewing spot Bitcoin ETF listings and stablecoin proposals while cracking down on Polymarket for alleged illegal gambling activities.
Discover the key factors influencing cryptocurrency mining profitability in 2025, including electricity costs, hardware efficiency, mining difficulty and evolving regulations.
There has been a tentative buildup in momentum; Euro (EUR) could rise to 1.0325, potentially reaching 1.0350. In the longer run, EUR has entered a range trading phase; it is likely to trade between 1.0220 and 1.0400 for the time being, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. EUR/USD likely to … Read more