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Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
US dollar heads for fresh weekly profit
US dollar heads for fresh weekly profit
Oct 26, 2024
The US dollar rose in European trade on Friday against a basket of major rivals, resuming gains after a short hiatus, and approaching three-month highs once more. The gains come amid a surge in US 10-year treasury yields after bullish remarks from some Fed officials, and strong US data, which hurt the odds of an aggressive pace for US interest...
Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...
Aussie skids to 2-1/5 month low as inflation cools
Aussie skids to 2-1/5 month low as inflation cools
Oct 30, 2024
The Australian dollar tumbled in Asian trade on Wednesday to 2-⅕ month lows against the US dollar, sharpening the decline for the fourth straight session after inflation in Australia cooled to three-year lows, reducing the pressure on the Reserve Bank of Australia. The new data boosted the odds of an interest rate cut by the RBA in December, as investors...
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Coinbase and Binance Reveal Bitcoin Inflows at Historic Lows: Here’s Why It Matters
Coinbase and Binance Reveal Bitcoin Inflows at Historic Lows: Here’s Why It Matters
Aug 27, 2025
Markets experienced choppy trading in the past week. Bitcoin, for one, surged from $111K on August 21st to over $117K on August 23rd, driven by the Jackson Hole bounce, before declining to $111.36K as of press time. A CryptoQuant metric now suggests that investors are increasingly holding rather than selling, which could potentially create conditions favorable for sustained price appreciation....
Important Pi Network Reminder: Don’t Miss This Key Ecosystem Feature
Important Pi Network Reminder: Don’t Miss This Key Ecosystem Feature
Aug 27, 2025
TL;DR The .pi Domain Auction aims to provide pioneers with personalized options for easier identity and app access. PIs price continues to struggle, sliding to about $0.33. The upcoming token unlocks and the increased amount of coins stored on exchanges intensify the selling pressure, though rumors of a potential Coinbase listing keep hopes for a rebound alive. Information About the...
Solana Foundation Faces Internal Critique Over Direction and Spending
Solana Foundation Faces Internal Critique Over Direction and Spending
Aug 27, 2025
Kevin Ricoy, founder of crypto media startup Allmight, has ignited a fiery debate in the Solana ecosystem after he wrote a scathing open letter urging the Solana Foundation to set a date for its shutdown. His remarks drew responses from figures like Jupiter’s Kash Dhanda and Solana Foundation’s Akshay BD, who stepped in to defend the organization’s role in supporting...
Fresh Off Bitcoin Merger, KindlyMD Unveils $5 Billion Funding Push
Fresh Off Bitcoin Merger, KindlyMD Unveils $5 Billion Funding Push
Aug 27, 2025
KindlyMD, a healthcare services firm listed on Nasdaq, has announced plans to raise up to $5 billion through an at-the-market equity offering program (ATM program) filed with the US Securities and Exchange Commission (SEC). The company will issue and sell shares of its common stock under this program, which will give it flexibility to raise funds over time. Bitcoin Treasury...
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