Total value locked in decentralized finance falls for eight straight months amid broader crypto market correction. Total value locked in decentralized finance has declined 39% year-to-date, dropping from $115 billion in January to $70 billion. The downturn follows a broade
XAG/USD falls 0.72% on Wednesday, extending its 2024 loss to nearly 14% amid a slight dip in the Gold/Silver ratio. Silver prices declined to $61.15 per troy ounce on Wednesday, marking a 0.72% drop from Tuesday’s $61.60. The move extends the metal’s year-to-date decline t
OCBC’s Sim Moh Siong and Christopher Wong highlight that recent AI-related equity weakness has boosted safe-haven demand and supported the Dollar. They now forecast EUR/USD at 1.11 and USD/JPY at 163 by year-end, revising up their US Dollar (USD) outlook from rangebound to
USD/JPY trades at 161.75, approaching 1984 highs, as analysts urge intervention to curb speculative pressure on the yen. The yen hovers near 161.75 against the dollar, a level unseen since 1984, as markets test Japan’s resolve to defend its currency. Analysts argue the Min
Power plants increase domestic coal use to 50-70% amid higher local production and renewable energy expansion. India has reduced coal imports to multi-year lows by boosting domestic coal use in power plants. Many facilities, previously reliant on imported coal, now source
USD strengthens as market prices in 38 bps of tightening by year-end The US dollar continues to be supported following the hawkish Fed dot plot last week. The central bank's tightening bias led to a hawkish repricing in interest rate expectations, with the market n
The Chinese video platform will use existing cash reserves to repurchase up to $300M in shares through 2026. Bilibili’s board authorized a $300M stock buyback program, allowing the company to repurchase its Class Z ordinary shares or ADSs over the next 24 months. The move
Prologis proposed a £12.6B all-stock bid for Segro, offering a 24.6% premium, but the board swiftly rejected the offer. Prologis disclosed an unsolicited £12.6 billion ($16.6 billion) all-stock bid to acquire UK-based logistics real estate firm Segro. The offer included a
The US Dollar Index climbs to its highest level since July 2022 as traders price in prolonged Federal Reserve tightening. The US Dollar Index (DXY) extended gains for a third straight session, trading above 101.50 and touching 101.60 in European trading. The move marks a 1
The exchange will suspend new positions for the CrowdStrike-linked contract at 6:50 UTC before full delisting at 7:00 UTC. KuCoin Futures will delist its CRWDUSDT stock index perpetual contract on June 30, 2026, at 07:00 UTC. New positions will be suspended starting at 06:
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