China has implemented an immediate, temporary ban on helium exports, a move aimed at safeguarding its domestic supply as renewed conflict in the Middle East threatens the global availability of the gas critical for semiconductor manufacturing.
The rand strengthened against the dollar as a more than 1% surge in gold prices, a key export, overshadowed a larger-than-expected contraction in the country's manufacturing sector.
The price of Bitcoin rose nearly 2% to top $63,000 as comments from President Trump suggesting a potential deal with Iran eased geopolitical fears, causing oil prices to fall and improving investor appetite for risk assets.
According to Morgan Stanley, the key to Nvidia's next growth phase is its expanding customer base beyond a few large cloud providers to include enterprise, sovereign, and industrial clients. The bank reiterated its 'Overweight' rating on the stock.
Liquid Mercury has registered its MERC token white paper with European authorities, fulfilling a key disclosure requirement under the MiCA regulation and enabling its admission to trading on regulated platforms across the EU.
Cryptocurrency exchange BTCC has reported a significant increase in daily futures trading volume, attributing a surge of up to 55% to a promotional campaign tied to the Argentine national team's World Cup matches.
Global crypto firm BTSE Group has launched a regulated digital asset exchange in Indonesia through a joint venture, aiming to capture a share of one of Asia's fastest-growing crypto markets. The new entity, BTSE Indonesia, is licensed by the country's financial authority and will offer trading in the local currency.
Bitcoin's upward momentum has stalled at the key resistance level of $63,300, with technical analysis from Investing.com pointing to signs of buyer exhaustion and an increased risk of a price reversal.
Bitcoin's price declined on Tuesday as escalating geopolitical tensions following U.S. strikes on Iran and a broad sell-off in technology stocks soured investor sentiment for risk assets. The downturn occurred despite a recent renewal of positive inflows into U.S.-listed spot Bitcoin ETFs.
