The South African rand traded in a narrow range against the U.S. dollar on Monday as investors awaited the release of Federal Reserve meeting minutes for new clues on the direction of U.S. monetary policy.
Cryptocurrency exchange BTCC says its World Cup-themed marketing campaign has driven futures trading volume up by as much as 55% on days preceding matches for the Argentine national team, with which it has a regional partnership.
BTSE Group has entered the Indonesian market by launching a regulated digital asset exchange, BTSE Indonesia, through a joint venture with a local partner to tap into one of Asia's fastest-growing crypto economies.
Bitcoin's price is encountering significant resistance at the $63,300 level, with technical indicators like declining volume and chart patterns suggesting the recent upward momentum is waning. Analysts are watching key support levels for signs of a potential reversal or a continuation of the trend.
Crypto derivatives exchange Deribit and trading software provider SignalPlus have announced their largest-ever trading competition, offering a prize pool of up to $600,000 USDC to boost engagement among sophisticated retail traders.
The current Bitcoin downturn, while painful, has been "rather comforting" and shallower than previous cycles, suggesting the market is maturing, according to a note from Bernstein analysts.
Fitch Ratings has affirmed BlackRock TCP Capital Corp.'s 'BB' rating but revised its outlook to Negative, citing elevated non-accrual loans and a weaker asset coverage cushion compared to its peers.
The world's largest cryptocurrency recovered alongside a rally in technology stocks, with traders setting aside earlier concerns over geopolitical tensions. The move puts Bitcoin on track for a weekly advance of over 2%.
A Bank of America report identifies South Korea and the United Arab Emirates as the strongest emerging players in the global AI race, citing their unique strengths in semiconductors, government investment, and high adoption rates.
