BiT Global filed a lawsuit against crypto exchange Coinbase over its suspension of the WBTC token. BiT Global has requested $1 billion in damages over losses the delisting could cause. Coinbase's European arm announced that it would delist USDT and … [Continue reading]
Crypto Today: XRP, BNB advance as Blackrock records 16-day Ethereum buying spree
The cryptocurrency sector valuation grazed the $3.6 trillion mark on Thursday, recording $252 billion worth of inflows since the market crash halted on Tuesday. In the last 24 hours, 85,893 traders were liquidated with the total liquidations … [Continue reading]
Solana Price Prediction: SOL market share dips $3B as Trump propels Ethereum rally
Solana price fell 4% in 48 hours to hit $225 on Friday, decoupling from the broader altcoin market resurgence. The $3 billion SOL market cap decline coincided with Trump-backed WLFI’s latest crypto acquisitions, drawing investor attention … [Continue reading]
Cardano down as it’s set to experience another wave of token unlock alongside other cryptocurrencies
The crypto market is set to witness cliff unlocks totaling $257 million next week. ARB and ID are the major highlights for next week, with a combined $139 million unlock volume. Cardano will add $41 million to its circulating supply between Monday … [Continue reading]
NZD/USD Price Analysis: Pair edges lower to 0.5760 as selling pressure mounts
NZD/USD declines on Friday, settling around 0.5760 after trimming earlier gains near 0.5850. Pair remains capped by the 20-day SMA, with upside attempts thwarted by persistent selling pressure. RSI hovers near oversold territory at 34, while MACD … [Continue reading]
Mexican Peso appreciates, finishes week higher ahead of Central Bank meetings
Mexican Peso appreciates 0.50% against the Dollar following a week of mixed US data, bolstering Fed rate cut odds. Light economic docket sees US Import Prices rise slightly, while Export Prices decline in November. Upcoming decisions by the Fed and … [Continue reading]
Ethereum Price Forecast: ETH faces $4,000 hurdle amid impressive ETF inflows
Ethereum price today: $3,900 Ethereum ETF's impressive growth is ‘just a tip of the iceberg,’ says a BlackRock executive. Ethereum ETFs could outpace their Bitcoin counterparts if the SEC allows issuers to stake their assets. ETH needs to maintain … [Continue reading]
US Dollar defends its ground as focus shifts to Fed decision
The US Dollar extends its winning streak on Friday, with the DXY Index trading above 107.00 for the first time in more than two weeks. Signs of lingering inflation pressure in the US gives the USD traction. There weren’t any major economic data … [Continue reading]
Dow Jones Industrial Average slips into a seventh straight down day amid tepid markets
The Dow Jones falls another 0.25% during quiet Friday trading. Equity indexes are broadly lower as investors weigh their options. Markets already look ahead to next week’s Fed rate call on December 18. The Dow Jones Industrial Average (DJIA) … [Continue reading]
Australian Dollar struggles under pressure as Fed policy shifts
The Australian Dollar edges to 0.6392 but fails to hold gains. Markets anticipate that the Fed will deliver a hawkish cut. Higher US Treasury yields give the USD traction. The Australian Dollar exhibits a subdued performance in Friday’s session, … [Continue reading]