Cryptocurrency exchange BTCC says its futures trading volume jumped by as much as 55% on days preceding Argentina's World Cup matches, driven by a promotional campaign linked to its partnership with the national team.
Beijing has reportedly instructed major refiners to sustain high production levels to safeguard domestic fuel supplies as the U.S.-Iran conflict threatens crude oil transit through the Persian Gulf.
The EOS cryptocurrency token experienced its largest single-day percentage loss since July 4, falling over 15% while major assets like Bitcoin and Ethereum posted modest gains.
The world's largest cryptocurrency is on track for a weekly gain as cooling U.S. labor market data reduces fears of a Federal Reserve rate hike, while spot Bitcoin ETFs saw a return to net inflows after 10 straight sessions of withdrawals.
Bitcoin is testing the critical $63,300 resistance level, but technical indicators like declining volume and price extension suggest the rally is losing steam, raising the risk of a potential bull trap.
Cardano (ADA) experienced its largest one-day percentage gain since February, climbing more than 12% on Saturday and pushing its market capitalization above $7 billion.
China has suspended helium exports to safeguard its domestic supply as renewed conflict in the Middle East threatens global availability, a move that could impact the semiconductor industry.
Yields on U.S. government debt declined after a surprisingly soft June payrolls report fueled speculation of a less aggressive Federal Reserve. Investors are now focused on the upcoming release of the central bank's latest meeting minutes for further policy clues.
U.S. Treasury yields fell on Monday as investors assessed a much weaker-than-expected June jobs report, recalibrating interest rate expectations ahead of key Federal Reserve minutes.
