Gold price in Philippines: Rates on May 9

Gold prices rose in Philippines on Friday, according to data compiled by FXStreet. The price for Gold stood at 5,942.72 Philippine Pesos (PHP) per gram, up compared with the PHP 5,907.86 it cost on Thursday. The price for Gold increased to PHP 69,314.56 per tola from PHP 68,908.16 per tola a day earlier. Unit measure … Read more

Unlocking Insights for South Korea Crypto Market

Hey crypto enthusiasts! Ever heard of the Kimchi Premium? It’s a fascinating quirk of the crypto world, particularly relevant to the South Korea crypto market. Essentially, it measures the difference in cryptocurrency prices, most notably Bitcoin, between exchanges in South Korea and those elsewhere in the world. For a long time, this premium was a … Read more

NZD/USD breaks below 0.5900, remains subdued following China’s trade data

NZD/USD holds losses after China released its latest trade data, indicating a slowdown in external demand. China’s trade surplus shrank to CNY 689.99 billion in April, down from CNY 736.72 billion in March. US Initial Jobless Claims dropped to 228,000 for the week ending May 3, slightly beating expectations. The NZD/USD pair continues its downward … Read more

Gold price in India: Rates on May 9

Gold prices rose in India on Friday, according to data compiled by FXStreet. The price for Gold stood at 9,149.95 Indian Rupees (INR) per gram, up compared with the INR 9,122.89 it cost on Thursday. The price for Gold increased to INR 106,724.40 per tola from INR 106,407.60 per tola a day earlier. Unit measure … Read more

Coinbase Will Be $1 Trillion Company, Says Bitwise CIO

Matt Hougan, Chief Investment Officer at Bitwise Asset Management, believes crypto exchange Coinbase (Nasdaq: COIN) will be a $1 trillion company in the future, following its acquisition of Deribit. In a statement on X, Hougan signaled strong confidence in Coinbase’s strategic direction, stating: “This is an insanely great acquisition. Coinbase is going to be a … Read more

Bitcoin Dominance Peaks as Altcoin Metrics Heat Up

Bitcoin dominance reached 65% on May 8, triggering daily, weekly, and monthly DeMark topping signals. CoinGlass data shows rising altcoin futures volume and funding rates, suggesting capital shift from Bitcoin to altcoins. Ethereum price surged 9.1% weekly, while altcoin season index moved past 50, indicating increasing altcoin strength. Bitcoin (BTC) holds strong above $102,800, up … Read more