Daily Newsroom
Follow market-moving stories, policy signals, and company developments curated by the editorial desk.
Lead story
Bitcoin's price remained steady over the weekend as investors assessed the impact of slowing institutional inflows through ETFs against growing corporate interest in leveraging digital assets and potential future applications in AI.
Multi-asset broker Vantage has launched XAUUSD247, a new Contract for Difference (CFD) product that allows eligible clients to trade gold around the clock, including on weekends.
The cryptocurrency Cardano (ADA) saw a significant price increase on Friday, climbing by more than 10% to trade at $0.1762. This move represented its largest single-day percentage gain since late February.
The cryptocurrency EOS experienced a significant price drop of over 15% on Saturday, marking its largest single-day percentage loss since July 4. The decline occurred while major cryptocurrencies like Bitcoin and Ethereum posted modest gains.
The cryptocurrency Cardano experienced its largest single-day percentage gain since late February, rising over 12% on Saturday. This rally increased Cardano's market capitalization to more than $7 billion.
Bitcoin is currently locked in a narrow range below the $63,000 mark, facing significant technical resistance. Analysts are watching for a potential breakout or breakdown as bullish and bearish indicators create a market stalemate.
Bitcoin is currently trading around $62,800, facing a significant resistance barrier at $63,300 as technical indicators suggest its recent upward momentum is weakening. Market analysis points to a period of indecision, with traders watching for a potential price reversal or a confirmed breakout.
Crypto derivatives platform Deribit and software provider SignalPlus have launched 'The Island,' a 35-day trading competition with up to $600,000 USDC in prizes. The event is based on trading volume and features both individual and team-based competitions.
Bitcoin traded above $62,000 over the weekend, supported by renewed optimism for a comprehensive U.S. cryptocurrency bill. The market is also weighing ongoing institutional adoption against persistent security concerns in the digital asset sector.
