South African Rand Steady as Traders Await Federal Reserve Minutes
The rand held firm against the U.S. dollar as investors paused ahead of the release of Fed meeting minutes, which are expected to provide clues on future U.S. interest rate policy.
Latest by Elena Volkova
Dollar Stabilizes After Steep Drop as Traders Await Fed Policy Cues
The U.S. dollar held steady on Monday after its worst session since late April, as investors turned their attention to upcoming Federal Reserve signals for future policy direction. The Japanese yen remained weak, hovering near levels that have previously triggered government intervention.
Japanese Yen Weakens Past 162 per Dollar as Intervention Watch Continues
The Japanese yen slid towards multi-decade lows as traders grew more confident in pushing the currency lower after Japanese authorities refrained from intervention. The move comes as markets also reassess the Federal Reserve's policy outlook following softer U.S. economic data.
Bybit Launches Promotional Campaign with 25,000 USDT Prize Pool to Boost Fiat Usage
Cryptocurrency exchange Bybit has initiated a new promotional event offering a 25,000 USDT prize pool to incentivize users to make fiat deposits and utilize its payment services.
Bitcoin Holds Above $62,000 Amid Slowing ETF Inflows and Corporate Interest
Bitcoin is trading above the $62,000 mark as investors assess the impact of recent outflows from spot Bitcoin ETFs against signs of growing corporate adoption and potential future use cases in artificial intelligence.
Vantage Launches 24/7 Gold CFD Trading Product
Multi-asset broker Vantage Markets has introduced XAUUSD247, an over-the-counter contract for difference (CFD) that allows eligible clients to trade gold around the clock, including on weekends.
MicroStrategy Reports $8.32B Q2 Loss on Bitcoin, Sells Holdings to Fund Dividends
The business intelligence firm disclosed a significant paper loss on its digital assets for the second quarter and has sold over 3,500 bitcoin since late June to fund shareholder distributions and bolster its cash reserves, according to a recent regulatory filing.
Bitcoin Holds Above $62,000 as US Crypto Bill Sees Renewed Support
Bitcoin traded above the $62,000 level amid thin weekend volume, as market participants weighed renewed momentum for a U.S. crypto regulation bill and signs of continued institutional commitment to the asset class.
Bitcoin Climbs Past $64,000 as Trump's Pro-Crypto Remarks Offset MicroStrategy Sale
Bitcoin's price reversed earlier losses to top $64,000 after positive comments from President Donald Trump outweighed news that major corporate holder MicroStrategy had sold $216 million worth of the asset.