As shown on the Nasdaq 100 chart (US Tech 100 mini on FXOpen), the value of the technology stock index has risen above its February peak, setting a new historical high. Bullish sentiment may be supported by:→ Easing concerns over potential US involvement in a Middle East war, as the ceasefire between Israel and Iran […]

Currency markets are showing restrained movement, with USD/CAD and AUD/USD pairs remaining in a consolidation phase amid rising geopolitical tensions and anticipation of key economic data releases from the US and Canada. Investors are opting for a wait-and-see approach ahead of inflation data and consumer activity reports that could significantly i

Ethena and BaFin launched a 42-day redemption plan allowing EU users to redeem USDe before the firm’s exit. BaFin revoked its March ban, enabling Ethena GmbH to dissolve and transfer claims to its offshore entity. Ethena Labs has finally ended its long tug-of-war with the German financial regulator. They recently announced that Ethena GmbH and [&he

The Hong Kong Monetary Authority (HKMA) has confirmed that it will implement the Stablecoin Ordinance on 1 August 2025. This law will allow fiat-pegged stablecoin issuers to apply for licences in the territory. The confirmation followed the successful public listing of USDC issuer Circle in the United States. Its stock market debut demonstrated the

Barclays will block crypto purchases via cards starting June 27, citing debt risk and lack of consumer protections. Despite the ban, Barclays holds millions in Bitcoin ETF shares through institutional investment channels. Starting June 27, 2025, Barclays customers will no longer be able to purchase crypto assets using their credit or debit cards. T

Ledger, a prominent player in the cryptocurrency hardware wallet market, has announced its decision to discontinue support for one of its legacy devices, the Ledger Nano S. This move has sparked varied reactions within the blockchain community, especially among long-time users of the Ledger Nano S. This decision underscores the rapid evolution of t

The Hong Kong government has released its updated Policy Statement 2.0 on the Development of Digital Assets with…

Kraken has become the first cryptocurrency exchange to receive a Markets in Crypto-Assets Regulation (MiCA) licence from the Central Bank of Ireland. Its European presence has strengthened following a sharp rise in euro-denominated spot trading, which now accounts for 17.5 per cent of its total volume. The Rush to Gain a MiCA Licence “Being the [&h

SoFi, a prominent personal finance company based in San Francisco, has announced the restart of its cryptocurrency trading platform after a two-year hiatus. This move is poised to reshuffle the dynamics within the crypto industry, offering existing and potential clients an expanded suite of services as the demand for digital asset investments conti

Bitcoin is once again at a pivotal moment, trading near $106,000 after a turbulent week marked by sharp moves and high uncertainty. The leading cryptocurrency briefly lost the $100K mark following geopolitical tensions but rebounded strongly, gaining over 5% in less than 48 hours. This swift recovery highlights the extreme volatility dominating the