June 4, 2025 9:52 am
Key Moments: The California Assembly has unanimously passed AB 1180 with a 68-0 vote. The bill, should it be approved by the California Senate, will enable the acceptance of digital asset payments for select state fees. Bitcoin managed to advance past $105,700 on Wednesday. Legislative Milestone for Digital Currency in State Operations California is moving […]
Read moreJune 4, 2025 8:13 am
The CAD/NOK currency pair remained stuck within a tight daily range on Wednesday, as investors braced for the outcome of the Bank of Canada’s policy meeting later in the day. The Bank of Canada is expected to keep its benchmark interest rate intact at 2.75% at its June 4th policy meeting. In April, the BoC […]
Read moreJune 4, 2025 6:41 am
The CAD/SEK currency pair held in proximity to a 1-week high of 7.0256 on Wednesday, as investors braced for the outcome of the Bank of Canada’s policy meeting later in the day. The Bank of Canada is expected to keep its benchmark interest rate intact at 2.75% at its June 4th policy meeting. In April, […]
Read moreJune 3, 2025 11:28 am
Key Moments: ETH reached a high of around $2,650 on Tuesday before consolidating around $2,615. Spot Ethereum ETFs recorded $321 million in inflows during the week that ended on May 30th. Exchange balances fell to their lowest level in seven years, suggesting long-term holding behavior. ETF Interest Sparks Rally Ethereum advanced on Monday as rising […]
Read moreJune 3, 2025 10:36 am
Key Moments: The eurozone’s inflation dropped to 1.9% in May, falling below the ECB’s 2% target. According to market participant expectations, the ECB will reduce rates by 25 basis points this week. The EUR/USD pair fell by 0.33% to 1.1401 on Tuesday. Inflation Retreats Below Target Just Before ECB Decision The eurozone’s inflation rate declined […]
Read moreJune 3, 2025 8:47 am
Key Moments: The Australian dollar fell to 0.6453 following the release of the RBA’s May meeting minutes. Policymakers discussed a potential 50-basis-point rate decrease. According to market participants, the chances of further interest rate reductions being implemented in June now stand at around 70%. Australian Dollar Reverses Previous Day’s Gains The AUD/USD pair declined by […]
Read moreJune 2, 2025 1:31 pm
Key Moments: Bitcoin ETFs recorded $157.40 million in net outflows between May 27th and May 30th. BlackRock’s IBIT saw a daily net outflow of $430.82 million last Friday. BTC lost ground on Monday as its price fell 1.63% to $103,983. Investor Appetite for Bitcoin ETFs Eases On the week ending May 30th, Bitcoin exchange-traded funds […]
Read moreJune 2, 2025 12:31 pm
Key Moments: The Swiss franc appreciated by 0.5% against the US dollar on Monday, climbing to its highest level in around a month. President Trump announced a tariff hike on steel and aluminum to 50%, effective June 4th. The SNB is expected to cut rates to zero on June 19th. Frank Strengthens on Weaker Dollar […]
Read moreJune 2, 2025 9:30 am
Key Moments: XRP suffered another price drop on Monday by falling 1.12% to $2.156. Ripple conducted transfers of 130 million XRP, sparking market apprehension. Lawyer Bill Morgan emphasized that according to a ruling by Judge Torres, XRP is not a security. Ripple Moves 130 Million XRP, Coin Falls Over 1% XRP continued its decline on […]
Read moreJune 2, 2025 7:36 am
Key Moments: Australia’s commodity price index advanced by 0.4% in May. The AUD/USD pair rebounded 0.8% to 0.6483 following last week’s decline. US President Donald Trump is increasing steel and aluminum tariffs to 50%. Australia’s Commodity Prices Edge Higher New data from the Reserve Bank of Australia showed that the Index of Commodity Prices increased […]
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