GBP/USD sticks close to near-term highs as key labor data looms

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

Pulls back on mixed mood, uptrend faces key test

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

Elon Musk Backs Coinbase Warning: Bitcoin Could Replace Dollar Amid US Fiscal Crisis

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

Bitcoin Price Crash Below $100,000 Still Possible: Analysts Issue Downtrend Warnings

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

Tether Leads Strategic Investment in Orionx to Increase Stablecoin Adoption in Latam

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

Matador Technologies Raises C$1.64M To Invest In Their Bitcoin Reserve

Matador Technologies Inc. (TSXV: MATA, OTCQB: MATAF), a Bitcoin-focused tech company, announced that it has closed the second tranche of its non-brokered private placement, raising C$1,644,300 through the issuance of 2,652,097 units at a price of $0.62 per unit, with the proceeds going towards investing in their Bitcoin reserve. 🚨 Matador (TSXV: MATA | OTCQB: … Read more