AUD/JPY softens to around 93.00 in Tuesday’s Asian session, down 0.55% on the day. RBA cut its OCR by 25 bps to 3.85% at the May meeting. BoJ’s Uchida said the central bank will continue to raise interest rates if the economy rebounds from the tariff hit. The AUD/JPY cross faces some selling pressure to … Read more
Landmark legislation aimed at establishing a regulatory framework for stablecoins in the United States took a significant step forward in the Senate on Monday night, as lawmakers voted to overcome a critical procedural obstacle, setting the stage for further debate and an eventual final vote on the bill’s passage. In a decisive move, Senators comfortably … Read more
MicroStrategy Inc., led by Michael Saylor, and its executives are facing a class action lawsuit, as disclosed in a recent SEC filing. The lawsuit alleges that the company made misleading statements regarding its Bitcoin strategy, specifically concerning the risks and profitability associated with its investments in the cryptocurrency. The legal action claims that MicroStrategy’s executives … Read more
Shares in the Indonesian fintech firm DigiAsia Corp nearly doubled after the company said it plans to raise $100 million to seed its first of many Bitcoin buys. The Jakarta-based Nasdaq-listed company said on May 19 that its board of directors approved creating a Bitcoin (BTC) “treasury reserve” and it was “committing up to 50% … Read more
Australian Judge rules Bitcoin should be treated as money, not a taxable asset. Decision contradicts decade-long ATO position on cryptocurrency taxation. According to a tax attorney, if the decision is upheld, possible refunds might total $640 million. A judge in Australia decided that Bitcoin should be treated as money rather than a taxable asset, which … Read more
In the world of bitcoin trading, identifying key price levels can be the difference between a profitable decision and a costly error. Among the arsenal of tools available to technical analysts, Fibonacci retracement stands out for its mathematical elegance and practical reliability. Fibonacci Retracement and Why It Matters Fibonacci retracement is a technical analysis tool … Read more
Ethereum’s supply on centralized exchanges has dropped to its lowest level in over 10 years, as large holders and institutions continue to accumulate the asset. According to a May 19 update by Santiment, less than 4.9% of Ethereum’s (ETH) total supply is now held on exchanges, a record low in the network’s 10+ year history. … Read more
The crypto market is heating up with opportunities for investors aiming to outperform benchmarks in 2025. Among thousands of tokens, four stand out for their unique value propositions and institutional backing: Dogecoin (DOGE), Pepe (PEPE), XRP, and Rexas Finance (RXS). While DOGE, PEPE, and XRP show potential, Rexas Finance is emerging as the dark horse, … Read more
ARK Invest projects Bitcoin to reach $1.5 million by 2030 based on institutional inflows and fixed supply dynamics. As of May 2025, Bitcoin trades above $103,000, supported by post-ETF approval demand and on-chain accumulation. Additional forecasts from SkyBridge, Unchained Capital, and InvestingHaven suggest $200K–$1M Bitcoin targets within the decade. Cathie Wood, CEO of ARK Invest, … Read more
The global financial landscape sees its standards predominantly shaped by the European Union and the United States. However, in the realm of cryptocurrencies, the United States is paving the way by setting benchmarks that could determine the future trajectory of this digital asset class. How Legitimate Are Cryptocurrencies Globally?Is Regulation the Missing Piece in Crypto’s … Read more