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]
Ethereum ETF issuers expected to file updated S-1s before Friday
Ethereum ETF issuers are expected to file updated S-1s before weekend following Bitwise filings. SEC didn't explicitly declare ETH a commodity despite closing Ethereum 2.0 investigation. Ethereum's increased implied volatility may be misleading as … [Continue reading]
Gold trades little changed as Fed rate-cut expectations sustain
Gold trades flat on low holiday volumes as US bond markets close for Juneteenth-day celebrations. Fed officials continue to toe the official line on interest rates, advocating a cautious, data-driven approach. XAU/USD continues forming a … [Continue reading]
US Dollar sidelined with US markets closed
The US Dollar trades flat on Wednesday despite sluggish US Retail Sales. Markets face a relatively quiet trading day, with US markets closed in observance of Juneteenth. The US Dollar index holds above 105.00, though this week's upcoming US … [Continue reading]
Breaking: UK CPI inflation cools down to 2.0% YoY in May, as expected
United Kingdom annual CPI rose 2.0% in May vs. 2.0% estimates. British inflation steadies at 0.3% MoM in May, meets forecast. GBP/USD holds above 1.2700 after UK CPI inflation data. The United Kingdom (UK) Consumer Price Index (CPI) rose at an … [Continue reading]
USD/INR recovers despite weaker US Retail Sales data spurs Fed rate cuts bet
Indian Rupee (INR) loses ground on Wednesday despite the weaker US Dollar. The ongoing India inflows might support the INR, while higher crude oil prices could limit its gains. The Indian HSBC PMI and US S&P Global PMI … [Continue reading]
Global Ethereum ETFs experience surge in net inflows as Hashdex files for combined spot ETH and Bitcoin ETF
Hashdex filed for a market-weighted ETF that will track both spot Ethereum and Bitcoin prices. Ethereum exchange reserves approach an all-time low following massive inflows across global ETH ETFs. Ethereum's decline is likely caused by high … [Continue reading]
US Dollar loses ground on weak Retail Sales figures
US Dollar lost ground on lower-than-anticipated Retail Sales figures, which fuel dovish bets on the Fed. Markets are digesting comments from Fed officials for placing their bets on the rate cut cycle. Investors continue challenging the Fed and bet on … [Continue reading]
Mexico Private Spending (YoY): 3.6% (1Q) vs previous 5.1%
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]
Is the Bitcoin price bottom here?
Bitcoin price is currently supported by the 1-day to 1-week UTXO Age Bands. On-chain data suggests that crowd FOMO is calming down, signaling a potential BTC price bottom. Over the past 24 hours, $72.60 million worth of BTC has been liquidated, with … [Continue reading]