The Bank of Israel lowered its benchmark interest rate for the second consecutive time, citing the negative impact of a persistently strong shekel on the nation's exporters and moderate inflation.
JPMorgan analysts caution that MicroStrategy's shift from a buy-and-hold strategy to one allowing Bitcoin sales could introduce significant uncertainty and two-way risk for the broader cryptocurrency market.
Cryptocurrency exchange BTCC has reported a futures trading volume increase of up to 55% on specific days, attributing the surge to a promotional campaign tied to Argentina's World Cup matches.
Global digital asset firm BTSE Group has launched BTSE Indonesia, a regulated cryptocurrency exchange, through a joint venture with a local partner. The move grants BTSE licensed access to one of Asia's fastest-growing crypto markets, enabling Indonesian Rupiah deposits and trading.
Bitcoin gained more than 2% after a U.S. government report showed significantly slower job growth than expected, leading traders to scale back bets on a near-term interest rate increase from the Federal Reserve.
Bitcoin is on track for a 3% weekly rise, supported by softer U.S. labor market data that tempered fears of interest rate hikes and a reversal of outflows from spot Bitcoin ETFs.
The leading cryptocurrency gained over 2% after the latest nonfarm payrolls report showed U.S. job growth slowed significantly in June, leading markets to price out the chance of a near-term interest rate increase.
Cardano's price surged by more than 10% on Friday, marking its largest single-day percentage increase in several months and pushing its market capitalization above $6.3 billion.
The multi-asset broker has introduced a new over-the-counter gold CFD product, XAUUSD247, allowing eligible clients to trade the precious metal continuously, including over weekends.
