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Tether and a New York appeals court
Cryptocurrencies

Quick Look: Tether’s new synthetic dollar, aUSDT, represents a strategic

American families and ongoing situation
Cryptocurrency

Quick Look: On January 12, 2023, the U.S. imposed sanctions

Weekly Market Overview: Forex, Stocks, Crypto, Commodities. Kucoin, near
Cryptocurrencies

Zodia Custody has made a significant stride in digital asset management by

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Tether and a New York appeals court
Cryptocurrencies

Quick Look: Tether’s new synthetic dollar, aUSDT, represents a strategic push into

American families and ongoing situation
Cryptocurrency

Quick Look: On January 12, 2023, the U.S. imposed sanctions on 300

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Weekly Market Overview: Forex, Stocks, Crypto, Commodities. Kucoin, near

Zodia Custody: Crypto Asset Storage in Singapore

Zodia Custody has made a significant stride in digital asset management by launching its services in Singapore, a move aimed at capitalising on the burgeoning digital asset market in the country. Zodia Custody, a

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FOREX NEWS

FOREX NEWS

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NZD/USD - NZD USD digital trading chart.

NZD/USD Falls to 0.6140 Amid Fed’s Hawkish Stance

Quick Look: NZD/USD continues to decline, driven by a strong US Dollar and hawkish Fed remarks. On June 17, 2024, the pair dropped to 0.6140. Further decline on June 18, 2024, below the 20-day EMA at 0.6130. Fed’s cautious

Euro (EUR) fell before the ECB meeting. What about the dollar?

EUR/USD Forecast: Dollar Rallies as Euro Hits 1-Month Low

Quick Look: ECB’s rate cut and political shifts undermine the EUR as the USD strengthens with easing inflation. Air fell below 1.0700, its lowest in over a month, amid volatile market conditions. Mixed signals with CPI at 3.3% in

BOJ Bank of Japan title

USD/JPY Rises to 157.50 Amid BoJ Diverging Policies

Quick Look: USD/JPY reached 157.50 due to the US Federal Reserve’s hawkish stance. The US maintains high rates (5.25%-5.5%), while BoJ keeps rates at 0%. Possible rate cut in 2024; cautious approach until inflation goals are met. Potential reduction

Euro (EUR)

EUR/USD Mid-Day: Neutral Bias at 1.0915 and 1.0718

Quick Look: EUR/USD remains neutral, watching 1.0915 for an upward move and 1.0718 for a downward shift. The pair is adjusting from a high of 1.1274, with 1.0601 and 1.1138 as significant levels.  Noise and choppiness dominate, influenced by

Tether and a New York appeals court

Tether Introduces aUSDT, 75% Gold-Backed Synthetic Dollar

Quick Look: Tether’s new synthetic dollar, aUSDT, represents a strategic push into tokenization. XAUT overcollateralizes AUSDT to ensure security and stability on the Ethereum-based Alloy platform. Oversight by Moon Gold entities and El Salvador’s CNAD ensures regulatory compliance and

andrew tate, daddy token

Andrew Tate’s DADDY Token Surges to $300M Market Cap

Quick Look: Andrew Tate’s DADDY token launched on June 9, 2024, with rapid market capitalisation growth to $300 million by June 12, 2024. The token’s price peaked at $0.3665 on June 10, 2024, but later dropped to $0.1724 by

Polkadot, DOT

Polkadot Community Approves ‘Jam’ Architecture, $65M Fund

Quick Look: Web3 Foundation introduced the JAM Implementer’s Prize, a $64.7 million fund to boost JAM protocol development. Enhances scalability, flexibility, and security, integrating elements from Polkadot and Ethereum for better performance. Trading between $6.10 and $6.25 with reduced

FalconX and pre-seed round

Manta Foundation Launches $50M Eco Fund for Blockchain

Quick Look: The Manta Foundation’s $50 million Eco Fund starts on June 15th, targeting DeFi, gaming, and NFTs. Offers up to $50,000 for early-stage projects and major investments for high-growth ventures. $35 million for Manta Network projects, $10 million

BROKER NEWS

Tether and a New York appeals court

Tether Introduces aUSDT, 75% Gold-Backed Synthetic Dollar

Quick Look: Tether’s new synthetic dollar, aUSDT, represents a strategic push into tokenization. XAUT overcollateralizes AUSDT to ensure security and stability on the Ethereum-based Alloy platform. Oversight by Moon Gold entities and El Salvador’s CNAD ensures regulatory compliance and integrity. Tether, a prominent name in the cryptocurrency world, has

American families and ongoing situation

U.S. Treasury Expands Crypto Sanctions on 300 Entities

Quick Look: On January 12, 2023, the U.S. imposed sanctions on 300 individuals and entities in Russia’s military-industrial complex. Sanctions were applied to Andrey Sudakov of Polyus and Mu Xiaolu of Hong Kong for gold laundering. In May 2023, OKO Design Bureau faced sanctions for soliciting cryptocurrency donations.

Toncoin - TON

Toncoin Struggles at $7.0 Resistance, Risking Further Losses

Quick Look: Toncoin failed to surpass the crucial resistance level of $7.0, indicating potential trouble. Pessimism prevails with declining Mean Coin Age and network growth, signalling reduced investor confidence. A breach of the $6.5 support level and a double top pattern formation suggest further declines, possibly up to

Ethereum Dominates While Competitors Grow Rapidly, ether

Ether Rallies 20% on Renewed ETF Optimism

Quick Look: Ether surged 20% on renewed optimism for SEC approval of Ethereum ETFs. The SEC’s request for document updates from ETF issuers has boosted investor confidence. With ETH leading, the broader cryptocurrency market is rising, influenced by the SEC’s pending decisions. Investor sentiment has notably shifted as

Cryptocurrencies, bittorrent

Senate Votes 60-38 to Repeal SEC’s Crypto Policy

Quick Look: The Senate voted 60-38 to repeal SEC’s SAB 121, following a House vote of 228-182. President Biden plans to veto, citing investor protection and financial stability concerns. Repeal supported by 12 Democrats and 48 Republicans in the Senate, showing a significant partisan split. The U.S. Senate

Tether and a New York appeals court

Tether Introduces aUSDT, 75% Gold-Backed Synthetic Dollar

Quick Look: Tether’s new synthetic dollar, aUSDT, represents a strategic push into tokenization. XAUT overcollateralizes AUSDT to ensure security and stability on the Ethereum-based Alloy platform. Oversight by Moon Gold entities and El Salvador’s

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