USD/CAD weakens to around 1.3675 in Thursday’s early Asian session. US ISM Services PMI unexpectedly contracted last month for the first time in nearly a year. The Bank of Canada held its key rate steady but said a future cut is possible. The USD/CAD pair remains under selling pressure around 1.3675 during the early Asian … Read more
GBP/USD remains close to recent peaks as the Greenback remains off-kilter. US ADP jobs softened much faster than expected on Wednesday, knocking back investor sentiment. Friday’s upcoming NFP labor print has taken on newfound importance as markets fret over tariff impacts. GBP/USD caught a bid on Wednesday, paring the previous day’s losses and keeping price … Read more
NZD/JPY stalls below 87.00 after three-day high; trend remains constructive above Ichimoku Cloud. Bulls need break above 87.73 to aim for YTD high at 89.70 and key 90.00 level. Drop below 85.97 Kijun-sen may trigger decline toward 85.85 and key support at 84.30–84.50. NZD/JPY retreated after reaching a three-day high of 86.82, dropping towards the … Read more
Bitcoin is surging into the spotlight as Coinbase’s CEO and Elon Musk sound alarms on U.S. debt, signaling the crypto’s rise as a serious reserve currency contender. Elon Musk Supports Coinbase Outlook: Bitcoin May Topple US Dollar as Reserve Currency Coinbase CEO Brian Armstrong voiced concern on June 3 on social media platform X over … Read more
Stablecoin issuer Circle Internet Group, Inc. has again boosted its initial public offering to $1.05 billion, pricing its shares above its previous marketed range. The USDC (USDC) stablecoin manager said on June 4 that it will now to offer 34 million shares at a price of $31 each when it debuts on the New York … Read more
Despite the recent rally to a new all-time high (ATH) of $111,900, crypto analysts have warned that the Bitcoin price could still witness a massive crash that will send it below $100,000. These analysts highlighted fundamentals and technicals that could spark this price crash. Analysts Highlight Why Bitcoin Price Could Still Crash Below $100,000 In … Read more
Cristiano Ronaldo celebrates his winner against Germany in the UEFA Nations League. (Photo by … More Christina Pahnke – sampics/Corbis via Getty Images) Corbis via Getty Images There will be no first trophy contested by Germany in the Julian Nagelsmann era on Sunday after Germany lost 2-1 to Portugal in the semifinal of the UEFA … Read more
With this investment, Tether leads Orionx’s Series A funding round for an undisclosed amount, aiming to expand the company’s foothold in Latam. The region is considered a fertile market for stablecoin-based financial services, as it has the second-largest proportion of unbanked adults. Tether Leads Orionx Series A Funding Round Tether, the leading stablecoin company, has … Read more
King Slide is set to open a Texas plant next year. King Slide Works This story is part of Forbes’ coverage of Taiwan’s Richest 2025. See the full list here. King Slide Works, a maker of server rails—metal frames on which equipment is mounted in server cabinets—has been riding the boom in demand for AI … Read more
After a series of pro-crypto moves, Russia is enabling qualified investors to gain exposure to Bitcoin. Regulated Bitcoin (BTC) trading is coming to Russia, but for qualified investors only. On Wednesday, June 4, the Russian news agency TASS reported that the Moscow Exchange will list a Bitcoin ETF futures contract. The product will be linked … Read more