ZKsync, an Ethereum layer-2 scaling solution, reported on Tuesday that its admin wallet was compromised.The hacker minted 111 million unclaimed ZK tokens worth $5 million.The ZK token price dipped nearly 19% and closed at a 5% loss.ZKsync (ZK), an … [Continue reading]
USD/CAD flat lines near 1.3950, BoC rate decision in the spotlight
USD/CAD trades flat around 1.3955 in Wednesday’s early Asian session. The BoC is expected to hold interest rates steady on Wednesday. Trump said the auto industry could get exemptions from tariffs. The USD/CAD pair holds steady near … [Continue reading]
Ethereum Price Forecast: ETH staking balance declines as whales resume buying
Ethereum price today:Ethereum's total value staked has been on a downtrend in the past five days, declining by 120K ETH.In contrast, Ethereum whales resumed accumulation, scooping up 320K ETH on Tuesday.ETH could decline to $1,522 if bulls fail to … [Continue reading]
EUR/USD Price Analysis: Pair dips near range lows but maintains bullish momentum
EUR/USD was seen trading around the 1.13 zone after easing from session highsDespite the mild decline, the bullish outlook remains intact with price above key averagesTechnical support is seen around 1.1128 and 1.1087, while resistance looms near the … [Continue reading]
OPEC lowers its demand forecast only slightly – Commerzbank
OPEC revised its forecast for global oil demand slightly downwards in its monthly report published yesterday due to the expected impact of US tariffs. It now expects an increase of 1.3 million barrels per day for both this year and next. OPEC is thus … [Continue reading]
France Inflation ex-tobacco (MoM) up to 0.2% in March from previous 0%
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]
South Korea Trade Balance dipped from previous $4.99B to $4.92B in March
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]
AUD/NZD Price Analysis: Pair remains under pressure below key moving averages
AUD/NZD was seen trading near the 1.0840 zone, mildly recovering after earlier lossesThe pair maintains a strong bearish outlook, trading below all major moving averagesMomentum indicators suggest continued downside, though RSI signals nearing … [Continue reading]
Fed’s Waller: Tariffs are the biggest shock to affect US economy
Fed Governor Christopher Waller said the Trump administration's tariffs posed a significant shock to the US economy that might force the Fed to cut rates to avert a recession, though they could also be just a negotiating tactic with minimal lasting … [Continue reading]
EUR/USD Price Forecast: Higher high still on the table
EUR/USD Current price: 1.1369Easing tariff-related concerns underpin the mood, but the USD is still in trouble.Federal Reserve officials will flood the news wires in the American session. EUR/USD corrects near-term extreme overbought conditions, yet … [Continue reading]