New Zealand Dollar extends losses to 0.5800 on track to a 2% weekly depreciation. The risk-averse sentiment ahead of Powell’s speech is underpinning the US Dollar. USD/JPY remains on the back foot since the RBNZ’s “dovish cut” earlier in the week. The New Zealand Dollar extends losses for the fifth consecutive day against a firmer …
NZD/USD bears hit four-month lows at 0.5800 ahead of Fed Powell’s speech Read More »
US Federal Reserve (Fed) Chair Jerome Powell said that they will adopt a new policy framework of flexible inflation targeting and eliminate ‘makeup’ strategy for inflation, while delivering a speech on “Economic Outlook and Framework Review” at the annual Jackson Hole Economic Symposium. Powell speech at Jackson Hole Symposium, key takeaways “Framework calls for balanced …
Jerome Powell could use Jackson Hole speech to signal interest-rate cut path Read More »
Metaplanet currently holds around 18,888 Bitcoin, valued at over $2 billion. Key Takeaways Eric Trump plans to attend Metaplanet’s key shareholder vote in Tokyo focused on Bitcoin capital strategy. Metaplanet has accumulated over $2 billion in Bitcoin, with its shares surging 140% this year. Eric Trump, a member of Metaplanet’s Strategic Board of Advisors, plans …
Eric Trump plans to attend key Metaplanet vote on Bitcoin capital strategy Read More »
The ETF discussion is driving fresh energy across the crypto market, pushing investors to look beyond Bitcoin and Ethereum. Many traders are asking which are the best cryptos before ETF approval hype truly takes off. In this search, Cardano and Solana continue to attract strong attention thanks to their technical progress and growing institutional interest. …
Cardano, MAGACOIN FINANCE & Solana Highlighted as 3 Best Cryptos Before ETF Hype Read More »
“The nation’s finances have deteriorated” since President Trump took office, driven by sweeping legislative and trade policy changes, according to the Committee for a Responsible Federal Budget (CRFB). The nonpartisan watchdog noted that the Congressional Budget Office’s January 2025 budget outlook “already showed a worrisome fiscal outlook,” but developments since mean a widening deficit. The CRFB …
Homepage > News > Business > Tokens tank but future bright for US crypto operators While the digital asset operator sector might not get the Federal Reserve interest rate cut it seeks, nearly every other aspect of this business is going its way. SEC’s Atkins sees few crypto securities Federal Reserve govs sound positive crypto …
Tokens tank but future bright for US crypto operators Read More »
Homepage > News > Business > Bitcoin AMA dives into Teranode, whales, Satoshi’s stance On this week’s episode of the CoinGeek Weekly Livestream, Kurt Wuckert Jr. took viewer questions about BSV, the blockchain economy, and more. As always, the stream covered a wide range of subjects, updating us on everything happening in BSV and beyond. …
Bitcoin AMA dives into Teranode, whales, Satoshi’s stance Read More »
Homepage > News > Business > ‘JPYC’ could become Japan’s first local stablecoin Japan may be about to approve the first yen-denominated stablecoin, according to reports. Private fintech firm JPYC is seeking approval from the country’s Financial Services Agency (FSA) to issue up to JPY 1 trillion worth of the asset, possibly later this year. …
‘JPYC’ could become Japan’s first local stablecoin Read More »
Homepage > News > Finance > South Korea’s card payments to reach $1 trillion in 2025 A new report has predicted that the South Korean payment card market will record heightened growth metrics over the next five years in a push driven by changing consumer preferences. According to the report by GlobalData, the payment card …
South Korea’s card payments to reach $1 trillion in 2025 Read More »
Homepage > News > Finance > Thailand eyes digital asset payment sandbox for tourism Thai authorities are mulling the upside of allowing tourists to seamlessly swap their digital assets for local fiat and make payments via electronic payment channels. According to a report, the country will pilot a digital asset payment sandbox for 18 months …
Thailand eyes digital asset payment sandbox for tourism Read More »