The Taiwan dollar soared to its strongest level in nearly three years on Monday, continuing a multi-day rally, as the U.S. dollar slid across the board. By 08:10 ET (12:10 GMT), the greenback had fallen 5.1% against the Taiwan dollar, trading at 29.162. At the same time, the U.S. dollar index, which measures the greenback […]
Dollar Rises Slightly but Is Heading for a Sharp Monthly Loss
The U.S. dollar edged higher on Wednesday but remained on track for its steepest monthly decline since November 2022, weighed down by growing uncertainty over the Trump administration’s shifting trade policies. As of 04:10 ET (08:10 GMT), the U.S. Dollar Index—which measures the greenback against a basket of six major currencies—rose 0.1% to 99.080. Despite […]
Arizona Advances Groundbreaking Legislation to Invest Public Funds in Bitcoin and Digital Assets
In a landmark move for cryptocurrency adoption in the United States, Arizona lawmakers have passed two bills that would allow the state to directly invest public funds in Bitcoin and other digital assets. The legislation positions Arizona at the forefront of integrating blockchain technology into state-level financial strategy. Arizona Passes Bills to Establish a Bitcoin […]
Dollar Rises Slightly Before the Release of Crucial Economic Data
The U.S. dollar inched higher on Tuesday but remains on track for a steep monthly decline, pressured by persistent uncertainty surrounding tariffs and growing concerns about a potential slowdown in the U.S. economy. As of 04:50 ET (08:50 GMT), the U.S. Dollar Index—which measures the greenback against a basket of six major currencies—rose 0.2% to […]
Bitcoin Marks One Year Since Its Last Halving With the Worst Post-Event Performance in History
Bitcoin has risen just 50% since its last halving in April 2024, marking the worst performance on record following a halving. In this analysis, we review how Bitcoin has evolved in previous cycles and what its current situation is. This month marks an important milestone for Bitcoin: exactly one year since its most recent halving. […]
Ethereum Gains Momentum: The Pectra Update and Increased Adoption Reinforce Its Bullish Outlook
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is undergoing a key phase of technical transformation and fundamental strengthening. The imminent arrival of the Pectra update, coupled with sustained growth in adoption and renewed interest from large investors, underpins a positive outlook for the Ethereum ecosystem. Pectra: A Key Technical Update Scheduled for final implementation […]
Dollar Rises After Trump Eases Criticism of Powell, Euro Falls Again
The U.S. dollar strengthened on Wednesday, building on the previous session’s rebound as market sentiment improved following President Donald Trump’s more conciliatory remarks regarding Federal Reserve Chairman Jerome Powell. A calming of trade tensions between the U.S. and China also added support to the greenback. As of 04:00 ET (08:00 GMT), the U.S. Dollar Index—which […]
Dollar Nears Three-Year Low as Trump–Powell Dispute Weighs on Markets
The U.S. dollar saw a modest rebound on Tuesday, though it remained near its lowest level in over three years following fresh criticism of Federal Reserve Chair Jerome Powell by President Donald Trump. At 04:45 ET (08:45 GMT), the U.S. Dollar Index—which tracks the greenback against a basket of six major currencies—rose 0.2% to 98.190, […]
Dollar Falls Sharply on Concerns Over Trump’s Threat to Federal Reserve Independence
The U.S. dollar plunged on Monday, hitting multi-year lows, as investors grew uneasy over potential political interference in the Federal Reserve’s independence. Comments from the White House hinting at a possible leadership shake-up at the central bank added to investor jitters. By 08:55 ET (14:55 GMT), the U.S. Dollar Index—which tracks the greenback against a […]
Stablecoins Could Reach USD 2 Trillion by 2028, Driving Massive Demand for Treasury Bonds
Stablecoins could experience an unprecedented boom if key legislation is passed in the United States this summer. According to an analysis by Standard Chartered, led by Geoff Kendrick, these digital assets could multiply their market value to $2 trillion in the next three years. This growth would also drive a new wave of demand for […]