Trading platform Robinhood has still managed to beat Wall Street estimates as its first-quarter revenues fell and its crypto trading volume cooled from a record
China is out for a 5-day holiday, beginning today, Thursday, May 1, 2025. Markets are closed. There will be no PBOC CNY reference rate setting
Australian terms of trade data for Q1 2025 AUD barely changed. This article was written by Eamonn Sheridan at www.forexlive.com.
Key takeaways: XRP ETF approval odds rise to 85% following a SEC leadership change. Analysts predict XRP could rise to new all-time highs again in
Defense Secretary Pete Hegseth issued a stern warning to Iran over its support for Yemen’s Houthi rebels, who have been targeting Red Sea shipping in
About one in four crypto tokens launched since 2021 have failed in the first quarter of this year amid a crypto market downturn and token
The news broke earlier that Tesla is replacing Elon Musk as CEO: Tesla board begins quiet search for possible Musk successor – more on this
Nearly 30 crypto advocate groups led by the lobby group the Crypto Council for Innovation (CCI) have asked the Securities and Exchange Commission for clear
NOTE: MY BAD. i HAD THIS WRITTEN BUT DIDN’T REALISE I HAD FORGOTTEN TO PUBLISH THIS EARLIER. APOLOGIES. — Australia Trade Balance for March 2025:
Bank of Japan leaves policy unchanged, as widely expected – Tesla sales fell nearly 60% in April in France Tesla board begins quiet search for
Key takeaways: Galaxy Digital plans to begin trading on the Nasdaq on May 16, pending shareholder and Nasdaq approval. Nasdaq-listed crypto firms posted strong gains
Via BNP Paribas analysts, looking for a stronger euro still: “If European investors agree with our view that there could be a rotation out of
Australia S&P Global PMI Manufacturing April 2025, final 51.7 prior 52.1 the flash was 51.7 also This article was written by Eamonn Sheridan at www.forexlive.com.
The U.S. Senate narrowly rejects bipartisan measure to block Trump tariffs. This was a symbolic slap-on-the-wrist thng. The House would not have passed the bill.
UK business confidence improved to its highest level since September 2023, according to the latest Institute of Directors (IoD) syrvey The IoD’s confidence index rose
Key takeaways: Bitcoin bulls are attacking the $95,000 level again after today’s brief US GDP-induced sell-off. Traders are semi-agnostic to negative US economic data as
Bloomberg Intelligence has boosted its estimated odds of US regulators approving a Solana exchange-traded fund (ETF) in 2025 to 90%, according to an April 30
United States trade representative Jamieson Greer: initial trade deals to be announced in weeks, not months says he is meeting with Japan, Saudi Arabia, and
United States trade representative Jamieson Greer admits there are no official talks with China on trade. We all know this, but Trump keeps making misleading
Bitcoin Magazine Global X Debuts Three New ETFs on Cboe Canada, Including Bitcoin-Focused Income Funds Global X Investments Canada Inc. has introduced three new ETFs
Binance co-founder and former CEO Changpeng “CZ” Zhao took the stage at Token2049 in Dubai, United Arab Emirates (UAE), where he told the audience that
The crypto industry has seen a significant shift toward regulatory compliance since its early days, according to James Smith, co-founder of Elliptic, a crypto compliance
Bitcoin Magazine Bitcoin Covenants: OP_VAULT (BIP 345) This is the fourth article in a series deep diving into individual covenant proposals that have reached a
Bloomberg with the news snippet EU to present new trade proposals to US negotiators next week Bloomberg is gated, but the gist of it is
Binance co-founder Changpeng “CZ” Zhao wants to provide free education for up to a billion children worldwide with his Giggle Academy venture, he told an
Key takeaways: Ether price printed a rare monthly Dragonfly doji candlestick, which is often seen before major ETH bull market cycles. ETH is retesting its
US Q1 advance GDP -0.3% vs +0.3% expected ADP April US employment +62K vs +115K expected US March PCE core +2.6% y/y vs +2.6% expected
Bitcoin Magazine BlackRock’s Mitchnick: “Flows Are Back in a Big Way” as Bitcoin ETFs Shift to Institutional Hands Today at the Token2049 conference in Dubai,
US Dollar-pegged stablecoins are on track to reach an aggregate market capitalization of approximately $2 trillion by 2028, according to the United States Department of
US-based cryptocurrency exchange Coinbase has filed an amicus brief in the country’s Supreme Court in support of a taxpayer fighting the Internal Revenue Service (IRS)
Bitcoin Magazine The Bitcoin Space Race: Why the U.S. Risks Falling Behind Its Rivals The Bitcoin Strategic Reserve: A Sovereign Financial Weapon In Episode 4
US & Ukraine have signed the closely watched minerals deal – Bloomberg cite a person familiar with the matter. This article was written by Eamonn
Trump speaking: After a certain amount of time there will be a tariff wall for pharmaceutical companies interest rates should go down he should reduce
U.S. Treasury announces agreement to establish United States-Ukraine reconstruction investment fund United States and Ukraine signed an agreement on Wednesday to establish United States-Ukraine reconstruction
Meta Platforms (NASDAQ: META) is scheduled to report its Q1 2025 earnings after the market closes today, Wednesday, April 30. Earnings Expectations Earnings Per Share
Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive
Tether plans to launch a stablecoin product in the United States as soon as this year, the stablecoin issuer’s CEO, Paul Ardoino, said in an
Microsoft (MSFT) Q3 2025 Earnings (USD): Adjusted EPS: $3.46 (BEAT; expected $3.22) Revenue: $70.1 billion (BEAT; expected $68.41 billion) Segment breakdown: Cloud revenue: $42.4 billion
What could’ve been a horrible month for major indices is ending up mixed. For the trading month, the: Dow industrial average still fell -3.18% However,
Meta announced better-than-expected earnings and revenues: EPS $6.43 versus $5.21 estimate. Revenues $42.31B versus $41.36B estimate Advertising revenue $41.39 billion versus $40.55 billion Guide 2Q
Key takeaways: Bitcoin’s price increased by sixfold each time its age increased by 40%. If the pattern holds, Bitcoin could rally to $351,046 in 2025.
It was a wild month for stock as they were battered in the first week of the month after ‘Liberation Day’ and fell to the
The WSJ reports comments from Senator Lindsay Graham: Says he has 60 co-sponsors of bill to put secondary sanctions on Russian oil Predicts that number
Blockchain payments firm Ripple has reportedly bid up to $5 billion in an effort to acquire stablecoin issuer Circle, but the offer was rejected. According
Key takeaways: ETH price has underperformed its peers during the current bull market, but gas sponsorship could lure developers and traders back to the network.
The headliners for earnings after the close today are Meta and Microsoft and whatever they deliver on earnings will be critical for those stocks and
After months of volatility and extreme fear, crypto markets turned a positive corner in the second half of April, highlighting the industry’s big sentiment shift.
Microsoft (MSFT) is set to release its fiscal Q3 2025 earnings after the market closes today, Wednesday, April 30. Expectations are for: Earnings per share
The WSJ reports that Republicans are looking at a proposal that the Biden administration had floated: Limiting the deductibility of corporate salaries above $1m. The
Says Carney will come to the White House within the next week That’s tentatively a good sign. USD/CAD is at the lows of the day,
Key Takeaways: US GDP shrank -0.3% in Q1, far below +0.3% forecasts, sparking recession fears. Bitcoin faces selling pressure with its spot volume delta dropping
Standard Chartered forecasts Bitcoin (BTC) will reach a fresh all-time high around USD 120,000 in Q2 2025, driven by strategic shifts in global capital flows
This is just crossing now, it should be good for risk assets. Yuyuantantian is a Chinese social media account affiliated with China Central Television (CCTV).
Governments outside the US, including Singapore, are increasingly interested in stablecoins not tied to the US dollar, despite their currently limited liquidity, Fireblocks director of
Key points: Bitcoin’s 7-day volatility is the lowest in 563 days, signaling an impending range expansion. Bitcoin’s breakout above $95,000 could swiftly take it to
Key points: US GDP shrank in Q1, raising recession alarms while also prompting calls for Fed rate cuts. Bitcoin dropped to $92,910 as GDP figures
Asset manager Grayscale launched the Grayscale Bitcoin Adopters exchange-traded fund (ETF), an investment vehicle that tracks companies employing a Bitcoin (BTC) treasury, or holding strategy.
ECBs Makhlouf is speaking and says: Price risks less clear in he medium term than the near. This article was written by Greg Michalowski at
Changpeng “CZ” Zhao, the former CEO of crypto exchange Binance, said most European countries were moving “nowhere” in terms of the adoption of digital currencies.
It’s a choppy day in the foreign exchange market, which isn’t unusual at month-end, particularly in a very volatile month. The US dollar had been
Does not want China’s products unless they are fair Fairness with China includes IP I want China to do well, I want every country to
From Reuters: Saudi officials in recent weeks have briefed allies and industry exports, telling they the Kingdom can sustain a prolonged period of low oil
There were rumors yesterday that India was close to the finish line and that makes sense because deals can be passed without parliament there but
Treasury Secretary Bessent says Pres. Trump has created negotiating leverage On the verge of becoming an AI superpower The IRS revenue is up One way
Major European indices are closing with results. In Germany today, a slew of economic data needed a mixed picture. Preliminary figures from Destatis showed that
Bitcoin Magazine Semler Scientific Buys Additional $15.7 Million Worth of Bitcoin Semler Scientific (NASDAQ: SMLR) announced Monday that it purchased 165 bitcoins between April 25
Prior was +244K Gasoline -4003K vs -1031K expected Distillates +937K vs -1566K expected Private inventories from the API late yesterday: Crude +3760K Gasoline -3140K Distillates
April 2025 witnessed crypto markets rocked by more tariffs at the direction of US President Donald Trump — controversial policies that could have influenced the
“I Do as the President Says”: Musk’s Edgy Pulse Check on Federal Employees In a moment dripping with Muskian wit at President Trump’s live Cabinet
Bitcoin Magazine Arizona House Passes Bitcoin Reserve Bill, Now Goes To Governor’s Desk For Final Signature Arizona has taken yet another huge step toward potentially
Opinion by: Fraser Edwards, co-founder and CEO, Cheqd Brutal honesty has its place, especially when confronting discomfort, so here’s one that can’t be sweetened with
The comments from the Visa conference call regarding the consumer and the global macroeconomy were really something. They highlight that consumers are employed and that,
Ethereum co-founder Vitalik Buterin released another update on what he believes the future of the network should entail. In an April 30 post on blockchain-based
Chinese artificial intelligence development company DeepSeek has released a new open-weight large language model (LLM). DeepSeek uploaded its newest model, Prover V2, to the hosting
Core PCE (excluding food & energy): Prior was +2.8% (revised to +3.0%) Core m/m +0.0% vs +0.1% exp Unrounded core PCE +0.028% vs +0.38% m/m
Gold is back to flat today after falling earlier. The market is now pricing in 131 bps in Fed easing in the coming year, up
Prior month +2.0% Pending home sales 6.1 vs 1.0% estimate Year-over-year, pending transactions -0.6%. Index 76.5 vs 72.1 last month Mortgage rates fell by around
The US and Ukraine ran into last-minute hurdles on Wednesday as they were on the verge of signing a framework minerals deal, according to the
First negative quarter in three years Final Q4 GDP was 2.4% annualized Final Q3 reading was +2.8% annualized Consumer spending: +1.8% vs +4.0% prior (some
Key takeaways: Macro Chain Index issues first buy signal since 2022, hinting at a new Bitcoin bull run. RSI crossover on the MCI aligns with
Prior month 0.4% Canada GDP for February -0.2% versus expectations of 0.0% Goods producing industries -0.6% versus +1.1% last month last month Services producing industries
Will continue to sell $42 billion in 10s The line in the refunding statement about ‘keeping auction sizes steady for at least the next several
Cryptocurrency hackers stole more than $90 million in April, dealing another blow to the industry’s mainstream reputation despite ongoing efforts to improve cybersecurity. Hackers made
Decentralized finance (DeFi) platform Mantra has called for industry-wide cooperation to reduce investor risks in the aftermath of its OM token crash. On April 30,
Crypto was born from an open-source ethos, where code was shared publicly, accessible for review and shaped by community contributions. Transparency and verifiability are foundational
Trump is washing his hands of the stock market. This is Biden’s Stock Market, not Trump’s. I didn’t take over until January 20th. Tariffs will
The US personal income and consumption report is due at 10 am and the GDP report offers some insights into what is coming. The first
An elderly US individual is reportedly the victim of a devastating $330 million Bitcoin heist, now ranked as the fifth-largest crypto hack in history. The
Key points: Bitcoin consolidates after upside momentum stalls, but traders are confident that upside breakout will result. Major risk-asset volatility is expected as US macro
US MBA mortgage applications w.e. 25 April -4.2% vs -12.7% prior Reminder: Trump will speak at an “Investing in America” event at 16:00 ET/20:00 GMT
Bloomberg writes “The draft agreement, which envisages creating a joint fund to manage Ukraine’s investment projects, has been finalized and may be signed as soon
Vanar Chain, a layer-1 blockchain network, has launched a new artificial intelligence-powered compression and data authentication layer designed to address the industry’s longstanding issue with
The Federation Internationale de Football Association (FIFA) plans to launch a new blockchain network to support its non-fungible token (NFT) collectibles, the organization announced on
Prior +2.3% HICP m/m +0.5% vs +0.4% expected Prior +0.4% Core CPI Y/Y 2.9% vs 2.6% prior A touch above expectations but nothing that will
Prior was +155K This article was written by Adam Button at www.forexlive.com.
Prior -12.7% Market index 223.7 vs 233.5 prior Purchase index 146.6 vs 153.4 prior Refinance index 649.0 vs 673.6 prior 30-year mortgage rate 6.89% vs
Bitcoin Magazine Bitcoin Eyes New All-Time Highs: A Deep Dive into the Bullish Outlook for 2025 This article is based on research and analysis originally
Bloomberg reports that companies from defence, tech, healthcare and consumer products industries as well as investment funds have been invited to attend and have their
Bitcoin is showing signs of maturity as a global financial asset, with price volatility dropping to its lowest level in more than 500 days, according
The other German state releases around the same time: Hesse CPI +2.3% vs +2.4% y/y prior Brandenburg CPI +2.2% vs +2.3% y/y prior Saxony CPI
Prior -0.2% GPD Q1 Y/Y -0.2% vs -0.2% prior The agency notes “The gross domestic product (GDP) grew by 0.2% in the first quarter of
Prior +0.1% GDP Y/Y +0.6% vs +0.4% y/y expected Prior +0.6% The agency notes “The first quarter of 2025 has had one working day less
Prior -10.7 As mentioned for the Swiss KOF Index previously, the consumer and business sentiment indicators are not surprising at all given the uncertainty around
Key takeaways Set up your Pi Wallet and secure it with a 24-word seed phrase before transferring your coins. KYC is often required on both
China needs to adapt to changing situations. Urges measures to stabilize employment, markets and expectations. China to adjust economic plan based on global change. To
Understanding inflation and the need for hedges Bitcoin’s supply-and-demand dynamics, in addition to growing institutional adoption, position it as a potential hedge against inflation in
Stablecoin issuer Circle has partnered with Onafriq, Africa’s largest payments gateway, to reduce the high cost of cross-border payments across the continent using USDC. According
Prior +2.1% This article was written by Giuseppe Dellamotta at www.forexlive.com.
Prior +0.2% GDP Q1 Y/Y +1.2% vs +1.1% expected Prior +1.2% Economists expected an improvement due to tariff-driven frontloading after companies and consumers in the
Prior 103.9 (revised to 103.2) No surprise here as business confidence got hit all over the world after the April 2 announcement. You can see
French Finance Minister Lombard says he discussed idea of reciprocal zero tariffs with Scott Bessent, and Bessent told him this was not unrealistic. This would
Eric Trump, executive vice president of the Trump Organization and son of US President Donald Trump, has delivered a warning to global banks regarding cryptocurrency
Prior 26k Unemployment rate 6.3% vs 6.3% expected Prior 6.3% This article was written by Giuseppe Dellamotta at www.forexlive.com.
Prior 0.0% The average house price in the UK is seen easing a little to £270,752, with Nationwide noting that the market is “likely to
Prior +0.3% The bulk of the decline owes to energy prices. If you strip that out, import prices were only seen down 0.3% on the
Prior +0.8%; revised to +0.2% German retail sales fell back in March and that follows a more negative revision to the February numbers as well.
Key takeaways Approving staking for spot Ether exchange-traded funds (ETFs) in the US may have a minimal impact on inflows unless Ether sees a sustained
Chinese markets will be closed from tomorrow (1 May) until Monday next week (5 May), in observance of Labor Day. However, that won’t halt any
The Open Network (TON) ecosystem participant Broxus has unveiled TON Factory, a new platform designed to accelerate the development and scalability of high-throughput applications like
In the European session, we have the French, German and Italian inflation figures, which shouldn’t sway the ECB from cutting in June unless we get
Prior +0.9% The agency notes “This new rise in prices should be explained by the increase in services prices, in particular transport, and food. Conversely,
Asset manager BlackRock has filed to create digital ledger technology shares from one of the firm’s money market funds, which will leverage blockchain technology to
Prior -0.1% French GDP is seen rebounding a little after contracting in Q4 last year. But a negative point to the report is that consumption
Bankrupt crypto exchange FTX has filed lawsuits against the non-fungible token marketplace NFT Stars and the blockchain gaming firm Kurosemi, which operates as Delysium, accusing
PayPal says the US Securities and Exchange Commission has abandoned its investigation into the payment giant’s US-dollar stablecoin. PayPal said in an April 29 regulatory
The US Treasury Department’s Office of Foreign Assets Control can’t restore or reimpose sanctions against the crypto mixing service Tornado Cash, a US federal court
Key takeaways: Richard Byworth says Michael Saylor’s Strategy could ramp up its Bitcoin buys by acquiring cash-rich companies and converting their cash into Bitcoin. He
German inflation remains a bit of a sticking point for the ECB. But at this point, the central bank can be thankful for a softening
China will be on holidays from May 1 to May 5 (five days in total). This is to celebrate Labour Day. Markets will be closed
Trump will be speaking Wednesday: 11 am Cabinet meeting (1500 GMT) 4 pm ‘Investing in America’ remarks (2000 GMT) 8 pm NewsNation Cuomo Townhall: The
Trump will deliver ‘Investing in America’ remarks on Wednesday afternoon, US Eastern time Chinese markets closed tomorrow, Thursday, through to reopening on Tuesday next week
China Caixin Manufacturing PMI for April 2025 comes in lower than March but better than expected at 50.4 expected 49.9, prior 51.2 The details, though
Scammers are mailing physical letters to the owners of Ledger crypto hardware wallets asking them to validate their private seed phrases in a bid to
The euro has fallen out of bed. Apart from what has already been posted there is no obvious smoking gun. Chinese PMIs dropped, indicative of
Australia’s financial intelligence agency has told inactive registered crypto exchanges to withdraw their registrations or risk having them canceled over fears that the dormant firms
ANZ business survey, business confidence and activity both lower than in March. April 2 was when Trump announced his huge tariffs, though he did back
The previous month’s PMIs, March 2025, showed the fastest in a year ahead of US tariffs. The April results have fallen back, as was expected.
Inflation data from Australia for the January – March quarter and for March month, 2025. Headline inflation: +2.4% y/y expected 2.2%, prior 2.4% +0.9% q/q
Japan Industrial Production for March 2025, preliminary, -1.1% m/m expected -0.4%, prior 2.3% and -0.3% y/y prior +0.1% Industrial Production forecast 1 month ahead 1.3%
Trump Media and Technology Group, the social media conglomerate backed by US President Donald Trump, is considering integrating a crypto token and wallet into its
The Financial Times with the report on Trump’s top economic adviser Stephen Miran addressing investors last Friday. . FT is gated, but in brief: Some
Japan govt official on factory output: Environment surrounding production remains highly uncertain March motor vehicle production down 5.9%m/m due to lower exports, part supply disruption
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting
Toyota Motor and Alphabet’s Waymo have announced a new partnership to co-develop autonomous driving platforms and explore innovations in next-generation personally owned vehicles (POVs). Toyota
Key points: Weak labor and consumer data often precede Bitcoin rallies, leading some analysts to anticipate future economic stimulus programs. Job openings fell to 7.2
Bettors on prediction platforms Polymarket and Kalshi are flipping bearish on the US economy. As of April 29, both platforms are predicting that the US
UK Lloyds Business Barometer for April 2025 comes in at a three month low of 39% prior 49% long-run average is 29% gauge of economic
NQ, ES and the other indices all opened lower. The above is a CFD reflecting ES. It had a decent rally on Tuesday, some give
The Bank of Italy identified Bitcoin and other digital assets as emerging risk factors in a recent report, citing concerns for both investors and the
John Paulson is billionaire hedge fund manager who leads his own firm, Paulson & Co. He likes gold a lot higher: near $5,000 an ounce
Key Takeaways: Fidelity Digital Assets says Bitcoin is undervalued and the firm holds an optimistic mid-term outlook. The JOLTS report shows a sharp drop in
US Senate Majority Leader John Thune reportedly told Republican lawmakers that the chamber would address a bill on stablecoin regulation before the May 26 Memorial
Via twitter: — Expectations I had seen centred on: Headline crude +0.5mn barrels Distillates -1.7mn bbls Gasoline -1.2 mn This data point is from a
SMCI – which has been criticized for their accounting practices in recent past – preannounced their earnings estimates, and it is not good: Revenues $4.5
Trump congratulated PM Carney on his election win the two agreed on the importance of Canada & the US working together as independent, sovereign nations
The US Securities and Exchange Commission (SEC) has postponed deciding on whether to greenlight two proposed cryptocurrency exchange-traded funds (ETFs) holding Dogecoin and XRP, filings
Goldman Sachs chief economist Jan Hatzius in a note late last week, htat he is not confident forecasting a level for the dollar: “I often
A court in India has ordered the encrypted email service Proton Mail blocked in the country for refusing to share information with authorities. In an
It’s a busy session ahead for data. China’s April PMIs are expected to fall back a little from March, both the official and the unofficial.
Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive
US Treasury Secretary Bessent is speaking in an interview with Fox ‘News’: No trade deal is done until Trump announces it Trump needs to sign
The S&P index rose for it 6th consecutive day. Yesterday the NASDAQ index snapped a five day went streak with a modest point. Over all
Bitcoin Magazine Phoenix Group Amps Up Their Bitcoin Mining Power To a Global Capacity of Over 500 Megawatts On April 29, 2025, Phoenix Group announced, in
A slew of earnings have been released with mixed results. Starbucks was a disappointment. Snap is also lower in despite what seems to be a
US March advance goods trade balance -161.99BB vs -147.85B prior US April consumer confidence 86.0 vs 87.5 expected JOLTS March job openings 7.192M vs 7.480M
A notable detail from Howard Lutnick’s interview on CNBC today was that the US has a trade deal with one country ready to go —
Key Takeaways: Fidelity Digital Assets’ report said that multiple Ethereum onchain metrics suggest ETH trades at a discount. The BTC/ETH market cap ratio is at
If auto makers can’t get parts we don’t want to penalize them There is great support for a tax deal Not at all worried about
Europe’s second-largest neobank, Bunq, is expanding into cryptocurrency, citing growing retail investor demand for digital assets worldwide. The Amsterdam-based neobank announced the launch of Bunq
“If there Is no progress, US will step back as mediators in this process” I pray this war ends but Russia is in an interesting
Key takeaways: Bitcoin tends to rally significantly when low leverage meets stronger-than-expected retail sales and hawkish Federal Reserve signals. In three separate 7-week periods, Bitcoin
Bitget, a cryptocurrency exchange with 100 million users, has announced a partnership with Avalanche to support community initiatives across India, one of the fastest-growing areas
All of the deals will be incredibly smart and incredibly thoughtful If we cut our trade deficit in half, that’s 2 percentage points of GDP
The United States exchange Nasdaq has asked regulators for permission to list a 21Shares exchange-traded fund (ETF) holding the popular memcoin Dogecoin, regulatory filings show.
This isn’t a big surprise given the politics and reality in Europe, along with its clout. The US seems to be trying to use the
Bitcoin Magazine EXCLUSIVE: Bo Hines – Making America “The Global Bitcoin Superpower” In an exclusive interview, Bo Hines, Executive Director of the President’s Council of
Synopsis: Goldman Sachs has revised its USDCAD forecasts lower, citing stronger-than-expected Canadian data, a supportive fiscal policy stance, and diminished expectations for Bank of Canada
The United Kingdom’s Treasury and Chancellor of the Exchequer, Rachel Reeves, have proposed new crypto rules aimed at “support[ing] innovation while cracking down on fraudsters.”
Bitcoin Magazine Bitcoin Price Steady At $95,000 As US Bitcoin ETFs See $591 Million Inflows US spot Bitcoin ETFs attracted $591.3 million in net inflows
Lutnick will also appear on CNBC at 2 pm ET Adjustments to auto tariffs are aimed at allowing domestic automakers time to growth US plants
Major European indices ended the session with mixed results. Italy’s FTSE MIB led the way, rising 1.09%, supported by strength in auto and banking stocks.
Goldman Sachs has lowered its USD/CAD forecasts, citing resilient Canadian data, a supportive fiscal policy stance, and reduced expectations for BoC easing. While Canada’s exposure
Prior was -11.3 Revenue index +3.8 vs +1.3 prior Employment -5.1 vs +2.2 prior Selling prices +8.4 vs +5.2 prior Capex +0.6 vs +7.4 prior
Cryptocurrency compliance firm Bitrace found that $649 billion worth of stablecoins flowed through addresses classified as high-risk in 2024, according to an April 29 report.Bitrace
Bitcoin Magazine The Bitcoin Race Has Washington’s Attention Bitcoin is no longer a speculative asset or a technological experiment—it is increasingly being recognized as a
Key points: Bitcoin’s most recently-moved supply segment is increasing as higher prices see an influx of “speculative capital.” “Hot supply” has doubled in just five
The US GDP report is due out tomorrow and the consensus is -0.3% but I suspect the market shifted to a worse number in light
Bitcoin Magazine El Salvador’s Ministry of Education To Launch Educational Bitcoin Curriculum For Young School Students El Salvador is showing once again that it is
Opinion by: Felix Xu, co-founder of ARPA Network and Bella Protocol AI has been a dominant narrative since 2024, but users and companies still cannot
Prior was 4.7% y/y Monthly house price index +0.4% vs +0.4% expected Monthly home price indicators from the FHFA: +0.1% m/m vs +0.2% prior (revised
The Beijing city administration has announced a plan for local blockchain development and implementation over the next two years. According to an April 29 announcement,
The United States’ rejection of a central bank digital currency has not halted the progress of CBDCs globally, but their success has been questionable so
When it was announced that Bessent would be at the morning White House briefing, some thought he would be there to talk about an announcement.
Key takeaways: Strong Ethereum ETF inflows signal high institutional demand. Ethereum’s $51.8B TVL and 30% DEX weekly volume rise show robust network strength. A bull
A report last week said China was considering waiving ethane tariffs, along with some other goods. Now Reuters reports that it’s official. The problem with
Prior was 92.5 Present Situation Index vs. 134.5 prior Expectations Index vs 65.2 prior 12-month inflation expectations % vs 6.2% prior Jobs hard-to-get at vs
Prior month 7.568 M revised to 7.480M This article was written by Greg Michalowski at www.forexlive.com.
The first 100 days of the administration of US President Donald Trump have deeply impacted the crypto industry, starting with his own memecoin and culminating
USDC stablecoin issuer Circle has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), the company
A16z Crypto led a $25 million investment round into Miden, an independent blockchain project spun out of Polygon Labs. Miden closed its $25 million seed
Prior month 0.3% revised to +0.5% Wholesale inventories advanced for March 0.5% versus 0.0% estimate Total: $908.0B, up 2.3% y/y. Retail inventories $805.8B, down -0.1%
Largest deficit on record Prior was -147.91B Exports of goods for March were $180.8 billion, $2.2 billion more than February exports Imports of goods for
Tariff revenue could be used for tax cuts I think tariffs will generate substantial revenues I learned to ignore survey data in my 35 years
Step by step rate cuts may continue. It will depend on what happens with inflation, which depends on what happens with the labour market. This
Bitcoin Magazine Public vs Private Bitcoin Treasury Strategy for Pre-IPO Companies Enacting a Bitcoin treasury strategy changes more than reserve composition. It redefines capital strategy,
India is prepared to offer the US the “forward most favoured nation” clause as sweetener in trade talks. India seeks to be ‘major supplier’ to
What is digital identity? Your digital identity is the fingerprint you leave across the internet, a living map of who you are. Your digital identity
India is prepared to offer the US the “forward most favoured nation” clause Indian Govt: Indian, US officials meet in Washington, trade talks make positive
Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia. According to an April
BlackRock’s exchange-traded fund (ETF) bought nearly $1 billion worth of Bitcoin on behalf of its clients on April 28, with continued inflows providing “structural support”
Indian, US officials meet in Washington, bilateral trade agreement talks make positive progress. Discussed a pathway for concluding the first tranche of the mutually beneficial
Key takeaways: Bitcoin’s price consolidates as the market awaits President Trump’s 100-day speech. Over $4.7 billion in BTC has been withdrawn from exchanges since April
Alex Mashinsky, the founder and former CEO of the now-defunct cryptocurrency lending platform Celsius, faces a 20-year prison sentence as the US Department of Justice
Key points: Bitcoin has beaten out three key resistance levels in a single weekly candle. The weekly close defended the 2025 yearly open, but a
DeFi protocol Loopscale has recovered nearly half of the funds stolen during a major exploit over the weekend, as white hat negotiations with the attacker
Prior -14.5 Economic confidence 93.6 vs 94.5 expected Prior 95.2 (revised to 95.0) Industrial confidence -11.2 vs -10.1 expected Prior -10.6 (revised to -10.7) Services
Key takeaways: Bitcoin supply in profit has climbed back above 85%, nearing the classic euphoric area. Onchain data shows strong accumulation from new and momentum
Decentralized exchange (DEX) aggregator 1inch has launched on Solana, marking a significant step toward its vision of a “unified multichain” decentralized finance (DeFi) ecosystem. According
What is the Paws Telegram Mini App? Paws is a Telegram-based Mini App created by the same team behind other projects, such as Notcoin and
Eurozone March M3 money supply +3.6% vs +4.0% y/y expected Prior +4.0% Loans to households Y/Y 1.7% vs 1.5% prior Loans to companies Y/Y 2.3%
1 year inflation expectations rising to 2.9% vs 2.6% prior 3 year inflation expectations rising to 2.5% vs 2.4% prior 1 year growth expectations stable
Spain April Flash CPI Y/Y 2.2% vs 2.0% expected Prior 2.3% Core CPI Y/Y 2.4% vs 2.0% prior Higher than expected figures although they haven’t
The concept of a Russian ruble stablecoin received special attention at a major local crypto event, the Blockchain Forum in Moscow, with key industry executives
Spain Q1 preliminary GDP +0.6% vs +0.7% q/q expected Prior 0.7% Q1 GPD Y/Y 2.8% vs 3.1% expected Prior 3.4% “Domestic demand contributed 0.4 points
Potential for sudden stops in capital flows, payment disruption and volatility in currency markets requires robust contingency planning. There are further signs that geopolitical considerations
If US wants resolution, it should stop making threats. US should seek dialogue with China on tariffs. Tariffs war was launched by US. Nothing new
The founders of the crypto fintech firm Bankera used funds from the project’s 2018 initial coin offering to purchase luxury properties worldwide, according to a
No time to rest on his laurels. He will be under a lot of scrutiny to see how he handles the ongoing situation with the
Prior -24.5; revised to -24.3 That’s a decent improvement but GfK warns that tariffs uncertainty is still very much weighing on the broader outlook. So,
A trio of major Abu Dhabi institutions, including the Emirate’s sovereign wealth fund, have teamed up to launch a new dirham-pegged stablecoin. Abu Dhabi’s sovereign
In the European session, the main highlight is the Spanish Flash CPI although it shouldn’t change anything for the ECB which is expected to cut
US federal prosecutors and the co-founders of the crypto mixer Samourai Wallet have asked a court for more time to consider potentially dismissing the case
Researchers at the University of Zurich have been accused of undertaking an unauthorized four-month-long experiment on a Reddit board using artificial intelligence-generated comments to test
China’s NDRC allocates second batch of 81 billion yuan in ultra-long special treasury bonds for consumer trade-in programs. — The National Development and Reform Commission
Adam posted this prior to the election, and it looks like its coming to fruition: The outcome I believe that could offer some downside in
China’s 2nd batch of 81 bn yuan ultra-long special treasury bonds for consumer trade-in * There is one Canadian election outcome that could hurt the
While United States dollar-denominated stablecoins dominate the stablecoin and real-world asset (RWA) tokenization game, other competitors are coming into play, according to Tether co-founder Reeve
Projections show Carney’s Liberals have won. Whether he’ll govern in majority or minority is still up for grabs. Still too early for that assessment to
CTV says Carney has won the election – too early to say if majority or minority though. CBC saying the same now also. Carney confirmed
The crypto lobby group, the DeFi Education Fund, has petitioned the Trump administration to end what it claimed was the “lawless prosecution” of open-source software
I posted comments earlier from Chinese Foreign Minister Wang Yi: China’s FM says concession and retreat will only make the bully more aggressive More now
CTV projects Carney’s Liberals will form a minority government. CAD had risen but was retracing even prior to this latest projection: This article was written
The latest projection is here: CTV projects Carney’s Liberals will form a minority government. This is less positive for the CAD if accurate. Sure enough
Around 2.2% of China’s GDP is directly impacted by U.S. tariffs, according to a note from Nomura economists. They estimate that the U.S. accounted for
Legendary investor Ray Dalio has said the world is “on the brink” of the global monetary order breaking down, which is being accelerated by the
The Ethereum Foundation, which backs the development of the Ethereum blockchain, has overhauled its leadership structure to separate the responsibilities of its management team and
I posted earlier on Nikkei: “Japan life insurers set to cut JGB holdings by $9bn” Via a Barclays note now, in brief: Japan’s largest four
Mark Carney’s Liberals are currently ahead of Conservative Party leader Pierre Poilievre. Adam spoke with Reuters about how the Canadian dollar might move on the
Mastercard says it will allow merchants across its network to be paid with stablecoins in a partnership with payment processor Nuvei and stablecoin issuers Circle
Results on the east coast of Canada were weaker for the governing Liberal party and Mark Carney but the numbers began rolling in for vote-rich
The early count is favouring Carney, but its way too early. Betting markets are showing improving odds for Poilievre. Long evening ahead is the best
Key takeaways: BONK price is up 73% since April 22, hitting a five-month high of $0.00002167. BONK’s open interest surged 290% to $43.2 million. Bonk
Via a Barclays note: US credit spreads are likely to widen in the coming six months Due to prevailing highly uncertain environment The background to
Bloomberg (gated) with the report, in brief: Iran is pitching a “trillion-dollar” investment opportunity to the US amid nuclear talks, aiming to ease sanctions and
Goldman Sachs note from Sudnay ICYMI US tariffs on Chinese imports could put as many as 16 million jobs at risk in China “If high
Wall Street Journal says Trump to soften blow on automotive tariffs: preventing duties on foreign-made cars from stacking on top of other tariffs easing some
more to come White House official: Trump is expected to soften the impact of his automotive tariffs Preventing duties on foreign-made cars from stacking on
Japan’s leading life insurers are planning to cut their holdings of Japanese government bonds (JGBs) by a combined 1.3 trillion yen ($9.1 billion) in fiscal
Wallet provider MetaMask is launching a crypto payments card that will allow users to spend self-custodied funds, offering crypto holders additional ways to use their
US politics. “GOP Sen. Rand Paul says he expects to have enough votes in Senate to pass resolution to effectively block Trump’s tarrifs. But Paul,
Chinese Foreign Minister Wang Yi: Concession and retreat will only make the bully more aggressive Dialogue can help resolve differences *** While US officials keep
US stocks close mixed/little changed A total of 12 of the 30 Dow stocks will announce earnings this week. US Q2 Treasury borrowing estimate soars
POLITICO cite a draft they have seen: UK and the European Union are set to sign a formal declaration committing to “free and open trade”
Spain PM says to release 3 days worth of Strategic Oil Reserves This article was written by Eamonn Sheridan at www.forexlive.com.
Lawmakers in the Arizona House of Representatives have voted to pass two bills that could allow the state to adopt a reserve using Bitcoin (BTC)
The original US tax bill goal date was Memorial Day. US Treas Sec Bessent now says he hopes for July 4. Bessent met with ‘Big
Ray Dalio isn’t mincing words: the world is past the point of avoiding a historic realignment in trade, capital markets, and geopolitics. In a stark
Despite growing competition from emerging issuers, the stablecoin market remains largely dominated by a few key players. According to data from Web3 research firm Nansen,
Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive
Massachusetts Senator Elizabeth Warren has called on government officials to address questions related to US President Donald Trump’s memecoin and his media company. In an
Gold-backed cryptocurrencies have spiked in value amid the global trade war unleashed by US President Donald Trump’s April 2 tariffs. Tether Gold (XAUT) and Paxos
NZ Finance Minister Nicola Willis pre-bidget speech – said Treasury’s latest forecasts show New Zealand’s economy is still expected to grow in the coming year,
The major US stock indices are closing mixed/little changed in up-and-down trading today. A late day rally took the price back into positive territory for
Key takeaways: A week full of US macroeconomic reports could impact Bitcoin traders’ sentiment. Bitcoin’s rally could stall if there’s a sharp reduction in spot
Bitcoin Magazine Bitcoin Mining Centralization in the U.S.: A New Risk for the Industry? A groundbreaking study from the Cambridge Centre for Alternative Finance (CCAF)
Deutsche Bank preview of Friday’s non-farm payroll report for April: +125k headline forecast (consensus is 135K, prior 228K) jobless rate forecast is 4.2% (unchanged from
Sees $514 billion in Q2 borrowing Previously saw $123 billion Assumes end-of-quarter balance of $850 billion The Treasury says ” The borrowing estimate is $391
Key Takeaways: Bitcoin’s year-over-year return and realized price metric signal strong long-term support from holders and suggest that BTC is currently undervalued. Standard Chartered estimates
This week no fewer than 12 of the Dow 30 stocks will be announcing earnings this week including Coca Cola, Visa and Mastercard, Caterpillar, Apple
Key takeaways: US Treasury funds saw $19 billion inflows, the highest since March 2023, as the 30-year yield fell 30 basis points. Foreign central banks
The hacker behind the $5.8 million recent Loopscale exploit is in talks to return the stolen funds in exchange for a bounty, the Solana-based protocol
Canadians are voting today in an election that’s been dominated by antagonism and threats of annexation from the President of the United States. In general,
Bitcoin Magazine U.S. Secretary of Commerce Howard Lutnick Has a Bitcoin Vision for America On Wednesday, April 23, 2025, I sat down with U.S. Secretary
US Commerce Secretary Howard Lutnick was seemingly on TV daily in the lead-up to Liberation Day and just afterwards. He delivered a belligerent message and
US dollar selling and gold buying took a break last week but they’ve both returned today in tandem. The optimism about a quick resolution to
Key points: Bitcoin continues to face resistance at $95,000, but the possibility of an upside breakout remains high. Solid spot Bitcoin ETF inflows do not
Key Takeaways: Bitcoin price dropped alongside falling Treasury yields, signaling investors’ flight to safer assets. Strategy’s $4.28B Bitcoin purchases and stock market strength have supported
The US first quarter GDP report is proving to be one of the toughest ones for economists to forecast since the pandemic. The range from
Trump wants tax cuts in this reconciliation package I think we’ve had enough teases about trade deals, they’re not market moving headlines anymore. This article
What to know: Altcoins have lagged Bitcoin year-to-date, but BNB price shows relative resilience, trading only 10% lower than the previous cycle’s all-time high. BNB
FoxBusiness Charlier Gasparino is X-ing on the Japan tariff deal and tariff concerns: There is a hold-up in the Japan tariff deal over the level
Crypto users betting on the outcome of the snap election to determine the next Prime Minister of Canada appear to be favoring a Liberal Party
Opinion by: Steven Smith, head of protocol and applied research, Tools for Humanity Blockchains were designed as systems of trust that are transparent, decentralized and
US dollar losses are accelerating in an ominous sign today. The latest leg lower came after the Dallas Fed manufacturing index fell to the lowest
The Nasdaq opened at the best levels since Liberation Day today but that’s been followed by a decent reversal with the index now down 1.0%.
From an interview with Reuters: In a normal armed conflict, both countries should refrain from using nuclear weapons Says would only use nuclear weapons if
Ethereum’s Fusaka hard fork is expected to take place in the third or fourth quarter of this year, according to an Ethereum Foundation official. In
April credit card data from Bank of America doesn’t show a slowdown in US consumer spending. If anything, there was a slight acceleration in early
Bitcoin Magazine An Introduction to The Satoshi Papers In The Satoshi Papers, we begin a multifaceted exploration of how monetary institutions in particular contribute to
Bitcoin Magazine Citizenship By Investment: The Emerging Market for State Services via Citizen X Accelerating the Sovereign Individual thesis, Citizen X is opening new doors