Bitcoin and Ethereum recover from multi-week lows after U.S. airstrikes and elevated inflation data spark investor interest. Bitcoin and Ethereum prices climbed Thursday morning, recovering from early-session lows. BTC rose to $63,020 by 7:39 a.m. ET, up from an opening pr
Crypto transactions in Nepal surged to $2.6 billion in 2021, reaching 13% of GDP, despite a legal prohibition, the IMF said. The International Monetary Fund urged Nepal to monitor crypto activity closely after flows peaked at $2.6 billion in 2021, exceeding 13% of GDP. Des
The joint venture targets hyperscalers with integrated infrastructure, lifting shares of KKR, NVDA, and VST in pre-market trading. KKR, Nvidia, Vistra, and the Kuwait Investment Authority have formed a new company to provide integrated infrastructure solutions for hypersca
State-run refiners increase UAE crude and LPG purchases after a strategic supply deal with ADNOC last month. Indian refiners have secured crude oil supply through August by ramping up imports from the UAE, Africa, and Brazil. The move follows a strategic agreement with Abu
The bank forecasts the Bank of Canada will hold rates at 2.25% through 2026, supporting CAD appreciation. TD Securities expects the Canadian dollar to converge to 1.38 against the US dollar, citing the Bank of Canada’s decision to leave interest rates unchanged at 2.25%. T
TD Securities forecasts the Canadian dollar weakening to 1.38 against the USD as the Bank of Canada maintains rates through 2026. TD Securities expects USD/CAD to converge toward 1.38 in the near term after the Bank of Canada held its benchmark rate at 2.25%. The decision,
The Canadian Dollar weakens 0.23% against the USD amid Middle East tensions and monetary policy divergence. The USD/CAD pair climbed 0.23% to 1.3975 on Thursday, reflecting a stronger US Dollar driven by safe-haven demand. Persistent geopolitical tensions in the Middle Eas
Geopolitical risks and higher US inflation data drive safe-haven flows into the USD, pressuring the Canadian Dollar. The USD/CAD pair climbed 0.23% to near 1.3975 on Thursday, as the US Dollar strengthened amid heightened Middle East tensions. Investors remain cautious fol
Blockchain-based derivatives and prediction markets price SpaceX at $1.8 trillion-$2.1 trillion, exceeding its current $1.77 trillion valuation. SpaceX’s upcoming Nasdaq IPO is drawing a $2 trillion valuation from onchain derivatives and prediction markets, surpassing its
Sticky US inflation data and improving labor demand support a firmer dollar ahead of May PPI release. The US Dollar (USD) remains firm as recent data shows stalled disinflation, with key inflation measures drifting further from the Federal Reserve’s 2% target. Headline CPI
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