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Disappointing Expectations! Trump's Bitcoin Reserve Plan Fails to Boost Market, BTC Price Drops!
The form of Trump's strategic Bitcoin reserve fell short of market expectations, leading to a decline in Bitcoin's price, though industry insiders remain optimistic about its future.
TradingKey
Mar 7, 2025
USD/CAD gains to near 1.4360 despite US Dollar declines
The USD/CAD pair moves higher to near 1.4360 in Thursday’s European session despite the US Dollar (USD) extends its downside, suggesting significant weakness in the Canadian Dollar (CAD). The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, slides to a four-mon
Fxstreet
Mar 6, 2025
White House Crypto Summit: What investors should know?
The first-ever White House Crypto Summit, set for Friday, will bring together industry leaders — including founders, CEOs, investors, and the US President's Working Group on Digital Assets — to discuss the future of cryptocurrency regulation and innovation. FXStreet interviewed market experts to...
Pound Sterling holds onto gains against US Dollar as Trump tariff fears ease
The Pound Sterling (GBP) clings to gains near 1.2900 against the US Dollar (USD) in European trading hours on Thursday. The GBP/USD pair exhibits strength as the risk premium of the US Dollar has diminished significantly, with investors expecting the United States (US) President Donald Trump’s...
Fxstreet
Mar 6, 2025
XRP, ADA, SOL Surge Post-Trump News and FXG Outpaces Expectations
Last Sunday, Trump announced that the US government would create a strategic crypto reserve with 5 currencies. In particular, he mentioned that BTC and ETH would “obviously” be at the “heart of the Reserve.” The President also added that he loves Ethereum and Bitcoin. However, apart from ETH and...
Gold consolidates further with another new all-time high on the cards
Gold’s price (XAU/USD) is consolidating for a second day in a row around $2,900 on Thursday while keeping an eye on the all-time high at $2,956. Although there might be some easing for Canada and Mexico with a delay on car import tariffs into the United States (US), the reciprocal tariffs are still
Fxstreet
Mar 6, 2025
Charles Hoskinson did not lobby for Cardano with Trump, not invited to White House summit
Cardano’s Charles Hoskinson is not attending the White House Crypto Summit this Friday, and neither is anyone representing Cardano invited, nor have they ever met with anyone from the Trump administration.Cryptopolitan
Mar 6, 2025
Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $66.41 per barrel, up from Wednesday’s close at $66.22. Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $69.33 price posted on Wednesday, and trading at $69.50.
GBP/JPY declines to near 191.50 amid hawkish outlook for BoJ’s policy
GBP/JPY holds losses after registering gains in the previous four successive days, trading around 191.60 during the early European hours on Thursday. The decline comes as the Japanese Yen (JPY) strengthens in response to a hawkish outlook from the Bank of Japan (BoJ) on its monetary policy.
Fxstreet
Mar 6, 2025
EUR/GBP jumps above 0.8350, all eyes will be on ECB rate decision
The EUR/GBP cross trades in positive territory for the fourth consecutive day around 0.8380 during the early European session on Thursday. The easing fear of trade tariff plans from US President Donald Trump provides some support to the Euro (EUR). The European Central Bank (ECB) interest rate...
Fxstreet
Mar 6, 2025
Tokyo braces for Trump trade war fallout — Suntory and Sony scramble to build up US supplies
US president Donald Trump stated Monday that “Japan, China, and other places are killing their currency,” calling the practice “unfair” and fueling concern that trade-war style tariffs might soon be focused on Tokyo. Suntory and Sony are two Japanese giants already making moves to stave off...
Cryptopolitan
Mar 6, 2025
Coinbase makes another effort to launch tokenized securities in the US stock market
Coinbase is making another attempt to launch tokenized securities in the US stock market, a plan it first pitched in 2020 but never got off the ground. With president Donald Trump’s administration changing regulatory attitudes, a new SEC crypto task force in place, Coinbase is mapping out its...
Cryptopolitan
Mar 6, 2025
Crypto Strategist Forecasts Sharp Vertical Move to $7200 for ETH, But Why Does He Say Mutuum Finance (MUTM) is a Better Investment?
Ethereum market charts exhibit bat patterns matching its previous market booms as analysts predict the Ethereum price will reach $7,200 by 2025. The platform at Mikybull Crypto detected historical similar patterns from when Ethereum broke out in February 2024 shortly before the 300% price jump...Cryptopolitan
Mar 6, 2025
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