The currency pair climbs above key moving averages, signaling sustained bullish momentum with potential to test April highs. EUR/JPY rose for a fourth consecutive session, trading near 185.30 in Asian hours Thursday. The cross remains above its nine-day and 50-day EMAs, re
Massive capital rotation into upcoming tech IPOs has led investors to sell Bitcoin, pushing prices down from $82,000, Saylor stated. Michael Saylor attributed Bitcoin’s recent decline to a $400 billion wave of tech IPOs, including offerings from OpenAI, Google, and SpaceX.
Bitcoin's potential bottom may be near $53,600 Bitcoin's current realized price of $53,600 may mark a potential bottom. The firm noted that Bitcoin demand remains deeply unfavorable. Total demand fell by 652,000 BTC last week, with 30-day ETF demand growth
The Australian dollar recovers from a two-month low as softer US core inflation data reduces USD strength, though Fed rate hike bets limit gains. The AUD/USD pair climbed back above the 0.7000 mark on Thursday after hitting a two-month low earlier in the session. The recov
Iran fires missiles at Jordan, Kuwait, and Bahrain Iran has launched a simultaneous attack on Jordan, Kuwait, and Bahrain, widening the conflict beyond direct US-Iran exchanges. The attack draws multiple Gulf states into active defense postures and raises the risk
XAG/USD rebounds from an 11-week low amid Middle East conflict and mixed US inflation data, capping gains. Silver prices (XAG/USD) climbed to $64.00 per troy ounce in Asian trading, recovering from an 11-week low of $61.50 hit earlier. The metal’s dual role as a safe-haven
Iran’s closure of the key oil chokepoint sends Brent crude up 2.26% amid heightened Middle East tensions. Brent crude jumped 2.26% to $95.20 a barrel in early Asian trading after Iran declared the Strait of Hormuz closed following fresh U.S. military strikes. West Texas In
On-chain data analysis suggests Charles Hoskinson may have sold 1.5 billion ADA during the 2021 rally, though no direct evidence confirms sales. New on-chain analysis alleges Cardano co-founder Charles Hoskinson sold approximately 1.5 billion ADA during the 2021 bull marke
OpenAI considers slashing AI service prices to compete with Anthropic, risking margin pressure before both firms go public. OpenAI is evaluating significant price reductions for its AI services to challenge rival Anthropic, as both companies prepare for upcoming initial pu
Global oil inventories are six weeks from operational minimums The oil market is underestimating the risk of a supply-driven price spike. Roughly 11 million barrels per day of shut-in production is being offset by higher refinery throughput, SPR releases, and storage drawd
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