Pump.fun’s new creator fee model boosts revenue, surpassing Hyperliquid over the last 24 hours. SPL tokens created on Wednesday hit the highest level since mid-August, indicating an increase in meme coins on the network.Circle mints another 250 … [Continue reading]
EUR/JPY Price Forecast: Key resistance level emerges near 173.00
EUR/JPY flat lines around 172.65 in Thursday’s early European session.Positive view of the cross prevails above the 100-day EMA, with the bullish RSI indicator.The immediate resistance level emerges at the 172.90-173.00 region; the first support … [Continue reading]
WTI drifts lower to near $65.50 amid fears of OPEC triggering oversupply
WTI price edges lower to near $65.50 in Thursday’s early Asian session. Oil loses ground after a report that OPEC+ will consider a fresh round of production increases on Sunday.API inventory showed an unexpected build in crude stocks last … [Continue reading]
XRP price poised to rally amid Ripple Payments expansion
XRP eyes a short-term breakout above $3.00 as bullish market sentiment takes root in the broader crypto market.The SEC and CFTC collaborate to expedite the spot trading of certain digital assets on US-registered exchanges.Ripple and Thunes network … [Continue reading]
GBP/USD rises to 1.3440 as strong UK data offsets US weakness
GBP/USD rebounds from 1.3332 lows 1.3442 as US Dollar slips after Tuesday’s sharp rally above DXY 98.50.US JOLTS report shows July job openings fell sharply, highlighting tariffs’ drag on hiring and manufacturing weakness.UK Services PMI jumps to … [Continue reading]
EUR: markets shift focus back to policy and Fed/ECB – Scotiabank
The Euro (EUR) is up a marginal 0.1% against the US Dollar (USD) and a mid-performer among the G10 as it consolidates in a tight range in the mid/lower-1.16s, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report. EUR is up … [Continue reading]
Australian Dollar remains weaker as US Dollar gains ahead of Fed Beige Book
Australian Dollar remains subdued despite stronger-than-expected Q2 GDP.China’s Caixin Services PMI rose to 53.0 in August, against the expected 52.5 reading.The CME FedWatch tool indicates that more than 91% of a 25-basis-point Fed rate cut is … [Continue reading]
Australian Dollar stays silent following stronger Q2 GDP, China’s Services PMI
Australian Dollar maintains its position despite GDP expanding 0.6% QoQ in Q2.China’s Caixin Services PMI rose to 53.0 in August, against the expected 52.5 reading.The CME FedWatch tool indicates that more than 91% of a 25-basis-point Fed rate cut is … [Continue reading]
Ethereum Price Forecast: The Ether Machine secures $650 million investment as ETH declines below key support
The Ether Machine announced that it has secured a 150,000 ETH investment worth about $654 million.The announcement follows SharpLink Gaming's statement that it purchased 39,008 ETH last week.ETH has declined below a key ascending trendline support … [Continue reading]
USD/JPY steadies above 148.00 as mixed US PMI data shifts focus to NFP
USD/JPY steadies above 148.00, easing slightly after hitting fresh one-month highs.ISM PMI showed manufacturing contraction persists, while S&P Global signaled the strongest improvement in two years.BoJ Deputy Governor Himino signaled gradual … [Continue reading]