Investor sentiment toward the Japanese yen has soured to its most bearish level in four years, as concerns over the Bank of Japan's policy path and fiscal risks outweigh the threat of currency intervention, according to a Bank of America survey.
Baghdad has reportedly agreed to implement stricter controls to prevent U.S. dollars from reaching Iran, ending a four-month U.S. suspension of physical currency shipments crucial to Iraq's economy.
Cryptocurrency exchange Bybit has introduced its virtual debit card in Peru, enabling users to spend digital assets in local and international currencies as part of its expansion in Latin America.
The cryptocurrency exchange has seen futures trading volume spike ahead of Argentina's World Cup matches, driven by a campaign offering a 1.25x volume boost as part of its partnership with the national football team.
The leading cryptocurrency is poised for a weekly gain, recovering from recent lows after weaker U.S. labor market figures eased concerns about Federal Reserve rate hikes and spot ETFs saw a return of investor demand.
A Bank of America report has named South Korea and the United Arab Emirates as the strongest contenders in the global AI race, trailing the dominant positions of the United States and China.
The EOS cryptocurrency registered its most significant single-day percentage increase in over six months, rallying more than 10% on Sunday amid modest gains for market leaders Bitcoin and Ethereum.
Bitcoin's price reversed earlier losses to trade above $64,000 after former President Donald Trump expressed support for the asset class, offsetting market pressure from a newly disclosed $216 million sale by a major corporate holder.
The leading cryptocurrency faced downward pressure as investors shied away from risk assets following U.S. military strikes against Iran and a sell-off in technology stocks. The decline occurred despite a recent return of net inflows to spot Bitcoin ETFs.
