The US SEC postponed its decisions on several spot altcoin ETF applications this week, including those for Litecoin, XRP and Solana. A K33 Research report shows there is consensus but the agency is waiting the confirmation of Trump’s nominee … [Continue reading]
Will Ripple (XRP) reach a $200 billion valuation if SEC approves altcoin ETFs in 2025?
XRP price rebounded above $2.42 on Friday, posting a 28% recovery from the weekly timeframe low of $1.90. Analysts predict an XRP ETF could attract $5 billion in inflows, mirroring Bitcoin’s ETF impact and fueling a rally. XRP must break $2.99 … [Continue reading]
Solana gains 9% after garnering historic number of on-chain votes in failed SIMD-228 proposal
Solana reclaimed the $130 price level after 74% of staked SOL was used in participating in its recent on-chain vote. The rise in Solana's price follows the rejection of the SIMD-228 proposal. The proposal aims to switch SOL's issuance from a fixed … [Continue reading]
Ethereum Price Forecast: DeFi sector could be at huge risk if ETH declines to $1,000
Ethereum price today: $1,920 Ethereum could trigger massive liquidations and dampen investors' interest in DeFi if its price falls to $1,000, noted a key expert. The top altcoin's underperformance comes at a time when DeFi is facing backlash due to … [Continue reading]
Mexican Peso rises, poised for weekly gains ahead of Fed meeting
Mexican Peso advances as USD/MXN plunges below 19.90, down over 1%. The Peso shrugs off Mexico’s weak industrial output and declining consumer confidence fueling recession concerns. US consumer sentiment plunges amid rising inflation expectations, … [Continue reading]
Gold price pulls back after historic surge past $3,000 on Trump trade woes
Gold briefly hits unprecedented high at $3,004 per ounce before settling lower at $2,982 amid US Dollar volatility. Geopolitical tensions rise as Russia-Ukraine ceasefire falters; China's central bank extends bullion buying streak, boosts Gold. US … [Continue reading]
Dow Jones Industrial Average trims recent losses, but still has a steep hill to climb
The Dow Jones recovered around 520 points on Friday. Despite the last-minute pullback, the Dow remains down 1,400 points for the week. Equities shrugged off one of the worst consumer sentiment prints in years. The Dow Jones Industrial Average (DJIA) … [Continue reading]
Mark Carney becomes new Canadian Prime Minister, vows to meet Trump at the table
Newly-minted Canadian Prime Minister Mark Carney took over the reigns of Canada from now-former Prime Minister Justin Trudeau on Friday morning. The fresh Canadian leader wasted no time in declaring his intent to meet United States (US) President … [Continue reading]
United States CFTC Oil NC Net Positions increased to 164.1K from previous 154.8K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Japan CFTC JPY NC Net Positions rose from previous ¥133.7K to ¥133.9K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]