South Korea has moved to tighten oversight of crypto exchanges, ordering platforms to reconcile internal ledgers with actual asset holdings every five minutes after an inspection uncovered gaps in internal controls. The directive was issued by the Financial Services Commission (FSC) following a meeting with major exchanges and the Digital Asset Exchange Alliance (DAXA). The
The Dow Jones Index has pulled back in the past few weeks, moving from the year-to-date high of $50,485 to the current $46,500. This retreat has coincided with the ongoing Fear and Greed Index retreat to the extreme fear zone of 16. This article explores some of the top movers in the index. Nike stock
Bitcoin price ticked up slightly on Monday after a report said that the US and Iran were considering a longer ceasefire that could lead to the end of the war. BTC rose to $69,165 on Monday, up slightly from the weekend low of $66,000. US and Iran are discussing a 45-day ceasefire Bitcoin price rose
The Nifty 50 Index remained in a correction on Monday as the risks to the Indian economy continued. It dropped to INR 22,678, down by nearly 14% from its highest point this year, and technicals suggest that it has more downside in the near term as the Iran war and bank crisis continue. Indian stocks
The USD/INR exchange rate has pulled back in the past few weeks as the actions by the Reserve Bank of India (RBI) continued. The pair has dropped to 92.85, down by 2.45% from its highest point this year. So, what next for the Indian rupee as bond yields jump? Indian rupee jumps as bond yields
A crypto rally is happening today, with volume in the spot market and the futures open interest rebounding. Bitcoin price jumped to $69,000, while top altcoins like Pepe Coin, Avalanche (AVAX), and Cardano (ADA) were the top gainers. Crypto rally triggered by hope of a 50-day ceasefire The main reason why the ongoing crypto rally
The Nasdaq Index is having a difficult year amid concerns about the ongoing US-Iran war and the private credit industry. It has retreated by over 8% from its highest point this year. This article explores some of the top gainers and laggards this year. Memory chip companies are the top gainers in the Nasdaq 100
The closure of the Strait of Hormuz has answered a question the energy world had been debating for a decade. What does it actually cost to stay dependent on fossil fuels? With Brent crude near $120 a barrel, gas above $4 a gallon across every US state, diesel up 45%, and the IEA describing the
Circle stock price has pulled back from the recent relentless rally as investors book profits and the supply of the USDC token falls. CRCL was trading at $90, down by 33% from its highest point in March. Still, the company has some major bullish catalysts that may push it higher in the long term. Why
The S&P 500 Index futures rose on Monday as market participants reacted to the latest reporting that the US and Iran were in talks and considering a 50-day ceasefire. They rose by 25 points to $6,600. Similarly, those tracking the Dow Jones and Nasdaq 100 rose by 25 and 115 points, respectively. Here are the