Crypto Today: US Senator tells Fed to buy BTC, DOGE demand hit $12B, NVIDIA bets drive AKT
The cryptocurrency market is buzzing as a U.S. Senator urged the Federal Reserve to consider Bitcoin (BTC) as part of its monetary strategy. This unusual proposition aims to solidify the digital asset’s place in the global financial system. The call comes amid growing government scrutiny of cryptocurrencies and follows rising institutional adoption. Meanwhile, Dogecoin (DOGE), […]
GBP/USD churns below 1.27 ahead of UK CPI inflation print
The GBP/USD pair remains subdued, trading below the 1.27 level as markets turn cautious ahead of the UK’s CPI inflation report. This key economic indicator, set to be released Wednesday, is expected to provide critical insights into the Bank of England’s policy trajectory, keeping investors on edge. Despite recent strength in the US dollar, driven […]
Ukraine hits Russia with US ATACMS missiles, Moscow says
In a significant escalation of the ongoing conflict, Ukraine has utilized U.S.-supplied Army Tactical Missile Systems (ATACMS) to strike a Russian military depot in Bryansk, marking the first use of these long-range missiles on Russian soil. This development has raised alarms in global markets, with investors closely monitoring potential economic repercussions. The attack targeted a […]
Ethereum Price Forecast: ETH could see a decline as on-chain and derivatives data paint bearish picture
Ethereum’s price could face downward pressure as on-chain metrics and derivatives market data signal a potential bearish trend. Recent activity reveals declining interest among investors, with reduced volumes on major platforms and an uptick in short positions suggesting cautious sentiment around ETH’s near-term prospects. The derivatives market shows increasing open interest in put options, pointing […]