Japanese Yen Slumps to 34-Year Low Against Dollar—Intervention Risk Rises
The Japanese yen (JPY) has dropped to its lowest level since 1990 against the U.S. dollar (USD), breaching the key 160 per dollar mark and reigniting concerns over potential government intervention. This dramatic depreciation highlights the growing gap between ultra-loose...
British Pound Drops as UK Services Sector Shows Signs of Slowing
The British pound (GBP) fell sharply this week after new data signaled that the UK’s crucial services sector—which makes up nearly 80% of the nation’s GDP—is beginning to lose momentum. The S&P Global/CIPS Services PMI dropped to 50.1 in July,...
Euro Under Pressure as ECB Hints at Another Rate Cut Amid Weak Economic Data
The euro faced downward pressure this week as European Central Bank (ECB) officials hinted at the possibility of another interest rate cut, citing ongoing economic weakness across the Eurozone. The currency slipped below $1.08 against the U.S. dollar, hitting a...
Pound Sterling Wobbles as UK Inflation Dips to 2%, Fueling BOE Rate Cut Speculation
The British pound (GBP) came under pressure today as UK inflation officially dropped to 2%, hitting the Bank of England's target for the first time in nearly three years. While this should ideally signal economic stability, it has instead sparked...
Ethereum Whales Accumulate Heavily—Bullish Reversal Ahead?
In a surprising twist amid ongoing market uncertainty, Ethereum (ETH) whales are back in action—accumulating large amounts of ETH in what many analysts are calling a strong signal of a potential bullish reversal. According to on-chain analytics firm Santiment, wallets...
Pound Sterling Slides As UK Retail Sales Fall Sharply In June
The British pound (GBP) faced notable pressure today, sliding against both the US dollar and euro after UK retail sales figures for June came in significantly worse than expected. According to the Office for National Statistics (ONS), retail sales volumes...
Solana (SOL) Gains 6% As On-Chain Activity Spikes To 4-Month High
Solana (SOL) witnessed a solid 6% price jump today, climbing above the $180 mark, as on-chain activity on its network soared to the highest levels seen in four months. This renewed momentum is fueled by increased user engagement across DeFi,...
Euro Climbs Amid Speculation of ECB Rate Pause While Dollar Retreats
The euro gained traction in global currency markets on July 16, 2025, following speculation that the European Central Bank (ECB) may pause its cycle of interest rate hikes. This uptick comes at a time when the U.S. dollar saw a...
Pound Sterling Rebounds As Bank Of England Signals Prolonged High Interest Rates
The British pound (GBP) rebounded strongly against the US dollar and other major currencies after the Bank of England (BoE) hinted at maintaining higher interest rates for a prolonged period. This policy stance, aimed at combating sticky inflation, has boosted...
FTX Estate Offloads $1 Billion in GBTC, Sparking Market Volatility
The FTX bankruptcy estate has sold off more than $1 billion worth of Grayscale Bitcoin Trust (GBTC) shares, marking one of the largest liquidations by the failed crypto exchange since its collapse. This move, disclosed in recent court filings, is...
Hong Kong Halts Crypto Exchange JPEX Operations Amid Fraud Probe
In a significant regulatory crackdown, Hong Kong authorities have suspended operations of the cryptocurrency exchange JPEX after launching an investigation into allegations of fraud and unlicensed activities. The move signals the city's growing commitment to clean up its crypto sector...
Indian Prime Minister Modi Skips Crypto Talks at G20, Raising Eyebrows
At the recent G20 summit, held under India’s presidency, Prime Minister Narendra Modi notably sidestepped any mention of cryptocurrency regulation, despite growing global calls for clear frameworks and India’s rising role in the digital economy. The absence of crypto from...
Bitcoin Halving Sparks Mining Rush in Ethiopia’s Grand Renaissance Dam
In a bold move that underscores Africa’s growing role in the global crypto economy, Ethiopia has opened its Grand Ethiopian Renaissance Dam (GERD) to Bitcoin miners. This strategic decision comes in the wake of Bitcoin's recent halving, which has intensified...
Singapore Overtakes Hong Kong in Crypto Readiness Ranking – What It Means for Asia’s Web3 Future
In a significant shift within the global crypto landscape, Singapore has overtaken Hong Kong to claim the top spot in the latest Crypto Readiness Index 2025 published by Henley & Partners. This development positions Singapore as Asia’s most crypto-ready jurisdiction,...
Ripple Launches $25M “Ripple Impact Fund” to Empower Web3 Startups
Ripple Labs has unveiled its new $25 million Ripple Impact Fund, a major initiative aimed at fostering innovation and growth within the Web3 startup ecosystem. The fund is part of Ripple’s broader commitment to support decentralized finance (DeFi), blockchain innovation,...