The US DOJ is reportedly considering charges against Dragonfly partners Tom Schmidt and Haseeb Qureshi.The charges could include their investment and backing of Tornado Cash and its founder, Roman Storm.Dragonfly's Haseeb stated that the firm would … [Continue reading]
EUR/USD ends week nearly 1% higher as trade optimism offsets weak US data
EUR/USD boosted by signs of imminent US–EU deal ahead of August 1 deadline.US Durable Goods Orders miss, but jobless claims stay strong, supporting Fed hold expectations.ECB holds rates steady; next week’s focus shifts to key Fed policy decision on … [Continue reading]
Crypto market’s four-year cycle is ‘dead,’ Bitcoin halving losing importance: Bitwise executive
Bitwise's Matt Hougan said that the crypto market's historical four-year cycle is "dead".He highlighted that growing institutional adoption is not subject to crypto's traditional four-year pattern.The approval of Bitcoin ETFs in 2024 broke BTC's … [Continue reading]
US-Japan trade deal may not be as clear as Trump proclaims it to be
President Trump touted a preliminary trade deal with Japan earlier this week.Trade terms may be far less agreed-upon than White House officials led markets to believe.The announcement that Japan would invest $550B in US businesses for only 10% of the … [Continue reading]
Dow Jones Industrial Average trims early losses on less-than-feared Durable Goods Orders plummet
The Dow Jones is clawing back recent losses as investor sentiment continues to climb.Traders continue to bank on an eventual walk back of the Trump team’s sky-high tariff threats.Trade deals remain limited, and the August 1 deadline is approaching … [Continue reading]
United Kingdom CFTC GBP NC Net Positions declined to £0.6K from previous £29.2K
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]
United States CFTC S&P 500 NC Net Positions fell from previous $-167.8K to $-168.5K
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 ¥103.6K to ¥106.6K
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]
Eurozone CFTC EUR NC Net Positions declined to €125.5K from previous €128.2K
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]
United States CFTC Oil NC Net Positions down to 153.3K from previous 162.4K
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]