Bitcoin (BTC) trades below $69,000 at press time on Monday, pulling down Ethereum (ETH) and Ripple (XRP) below $2,100 and $1.40, respectively, as the Middle East war escalates, involving the US, Israel, and Iran. The war is weighing down on the … [Continue reading]
Pound Sterling declines as US prepares ground operation to seize Iran’s Kharg Island
The GBP/USD pair faces some selling pressure near 1.3320 during the early Asian session on Monday, pressured by risk-off sentiment. Ongoing conflicts in the Middle East fuel demand for safe-haven currencies such as the US Dollar (USD) and create a … [Continue reading]
Middle East Conflict Latest: Trump gives Iran 48-hour ultimatum to open Strait of Hormuz
Here is a rundown of latest headlines surrounding the crisis in the Middle East as the United States (US) and Israel’s war against Iran enters the fourth week:US President Donald Trump said on Saturday that they will “obliterate” Iran’s power plants, … [Continue reading]
Solana Foundation President Lily Liu sparks debate over relevance of Web3 gaming
Solana (SOL) Foundation President Lily Liu stirred mixed reactions on Friday following a controversial statement suggesting that "gaming on a blockchain is not coming back."Liu made the remarks in response to a Polymarket discussion earlier in the … [Continue reading]
Silver Price Forecast: XAG/USD plunges, clearing key levels below $70
Silver price (XAG/USD) retreats late in the North American session, down by over 6.80% in the day, poised to finish the week with losses of more than 15.70%, posting its second-largest weekly loss since the one that ended down 17.39% on January 30. … [Continue reading]
Coinbase launches perpetual stock futures for non-US customers
Coinbase (COIN) has launched stock perpetual futures trading for eligible non-US retail and institutional customers, offering leveraged exposure to major US equities and exchange-traded funds (ETFs), the exchange stated in a blog post on … [Continue reading]
Banxico seen holding rates at 7% amid war-driven inflation risks
A Reuters poll revealed that the Bank of Mexico, also known as Banxico, is expected to keep interest rates steady at 7% at the March 26 meeting amid concerns about the Middle East war.If Banxico keeps rates unchanged, it would be the second … [Continue reading]
Ethereum Weekly Price Forecast: Early bullish momentum fades as Iran war weighs on markets
Ethereum price today: $2,130Ethereum staged a bullish move earlier in the week following institutional buying, whale accumulation and expanding derivatives appetite.Sustained Middle East war weighed on ETH, sparking a rejection near its realized … [Continue reading]
United States CFTC S&P 500 NC Net Positions increased to $-113.1K from previous $-134.5K
EUR/USD manages to pick up some pace and rebounds from earlier lows, revisiting the 1.1560 region on Friday, giving back part of Thursday’s ECB-driven rally. Meanwhile, the US Dollar trades with marked gains, supported by a cautious tone across … [Continue reading]
United States CFTC Gold NC Net Positions: $159.9K vs previous $163.1K
EUR/USD manages to pick up some pace and rebounds from earlier lows, revisiting the 1.1560 region on Friday, giving back part of Thursday’s ECB-driven rally. Meanwhile, the US Dollar trades with marked gains, supported by a cautious tone across … [Continue reading]