Key points: Bitcoin is in line for lower lows amid falling RSI and a retest of $100,000. Traders have little hope of a quick BTC price rebound and return to higher levels as Trump and Musk stoke uncertainty. US labor market data is due to inject fresh volatility on June 6. Bitcoin (BTC) returned to … Read more
European Central Bank (ECB) policymaker Yannis Stournaras said on Friday, “the rate cutting is nearly done.” Additional takeaways ECB has achieved a soft landing. The best thing for the ECB is to wait and see. Given uncertainty, you can never say it is done. ECB may cut if the economy weakens and inflation falls. There are … Read more
Coinbase has found itself in hot water again, but this time it has nothing to do with market volatility or regulators. A data breach affecting tens of thousands of customers has been linked to one of its third-party support vendors in India, according to sources familiar with the matter. No money was stolen in the … Read more
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet … Read more
Trump’s U.S. tariff policy, which has sparked a trade war with several countries, has many investors wondering about the sustainability of this situation and considering shifting part of their investments toward initiatives based in other markets, such as Europe. Analysts: Investors Worried About Trump’s Moves Increasingly Shift to More Stable Markets The economic and trade … Read more
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet … Read more
Bitcoin exchange-traded funds (ETFs) in the United States turned red amid worsening sentiment stemming from the ongoing feud between US President Donald Trump and billionaire Elon Musk. After a brief recovery on June 3 and 4, US spot Bitcoin (BTC) ETFs were again hit with outflows on Thursday, totaling $278 million, according to SoSoValue data. … Read more
European Central Bank (ECB) Governing Council member Gediminas Šimkus said on Friday that “we have won battle against inflation in Europe.” “Important to keep full flexibility,” he further noted. Market reaction EUR/USD is losing 0.11% on the day to trade at 1.1430 when writing. Euro FAQs The Euro is the currency for the 19 European Union countries that belong to … Read more
Yuga Labs is pushing to overhaul the ApeCoin ecosystem with a proposal to shut down the ApeCoin decentralized autonomous organization (DAO) and replace it with a new management entity called ApeCo. In a new Ape Improvement Proposal (AIP), Yuga Labs CEO Greg Solano said the DAO played a crucial role in the project’s early momentum, … Read more
According to the latest data from the @pandajackson42 dashboard, Binance’s Alpha token demonstrated robust market activity on June 5th, with a trading volume hitting an impressive $1.85 billion. Other notable performers included ZKJ, which recorded a substantial $1.33 billion in trading volume, followed by KOGE at $253 million and TAIKO at $37.24 million. These figures … Read more