Asia FX muted as dollar dips ahead of econ. data; yen surges
-- Most Asian currencies moved in a flat-to-low range on Thursday as a rout in equity markets kept traders largely averse towards risk-driven assets, while the dollar...
-- Most Asian currencies moved in a flat-to-low range on Thursday as a rout in equity markets kept traders largely averse towards risk-driven assets, while the dollar...
However, leverage is a double-edged sword. While it can magnify gains, it also increases the potential for substantial losses, making it perilous when the market turns unfavorably.
According to BlockBeats, the CME 'FedWatch' tool indicates a 93.3% probability that the Federal Reserve will keep interest rates unchanged in August. There is a 6.7% chance of a 25 basis point rate cut during the same period.Looking ahead to September, the likelihood of the Federal Reserve maintaining the current interest rates drops to 0%. The probability of a cumulative 25 basis point rate cut stands at 89.6%, while there is a 10.2% chance of a cumulative 50 basis point cut. The probability of a cumulative 75 basis point rate cut is 0.3%.
Mayor Steven Fulop said he had been a “long-time believer“ in crypto but did not appear to have mentioned Bitcoin or other tokens before July 25.
Bitcoin layer 2s could be collectively worth around $7.6 trillion, the report added.
The most significant contributions came from Gemini co-founders Cameron and Tyler Winklevoss, who announced their support for the Republican candidate on X.
The $4.5-million fine could signal the start of more scrutiny for crypto exchanges in the region.
Latvia’s minister of economics, Viktors Valainis, shared insights on the country’s vision for a tech-driven future and new crypto laws and blockchain initiatives aimed at transforming its economy.
Regulatory hurdles continue to pose a major challenge to tokenization adoption. Edwin Mata, CEO and co-founder of Brickken, spoke about the collaboration with EU regulators and the technology's potential.
India’s NCB forms a special task force and initiates digital forensics training to tackle the growing misuse of cryptocurrencies in drug trafficking.