BitcoinWorld WTI Crude Holds Above $89 as US Launches Fresh Strikes in Iran West Texas Intermediate (WTI) crude oil edged higher on Monday, trading above $89.00 per barrel, after the United States carried out a new round of military strikes targeting positions in Iran. The escalation marks the latest chapter in rising tensions between the …
BitcoinWorld US Core PCE Inflation Expected to Edge Higher as Markets Eye Fed Rate Hikes The US core Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred inflation gauge, is projected to show a further increase when the latest data is released later this week. This anticipated uptick comes as financial markets have begun …
BitcoinWorld Trump Blames Gensler for Crypto Exodus, Pledges Legislative Shield for Industry U.S. President Donald Trump has publicly blamed former Securities and Exchange Commission (SEC) Chairman Gary Gensler for driving cryptocurrency innovation overseas, vowing to enact permanent protections for the digital asset industry. In a post on his social media platform Truth Social, Trump accused …
BitcoinWorld Gold Drops to One-Week Low as Hawkish Central Banks Weigh on Safe-Haven Demand Gold prices fell to a one-week low on Tuesday, sliding below the psychologically important $4,500 mark as a series of hawkish signals from major central banks dampened investor appetite for the safe-haven asset. The decline extends a recent pullback from record …
BitcoinWorld Aussie Dollar’s Romp Over the Kiwi Meets a 13-Year Ceiling: What It Means The Australian dollar’s prolonged rally against its New Zealand counterpart has reached a significant milestone, touching levels not seen in over 13 years. This move, driven by diverging central bank policies and commodity price dynamics, has pushed the AUD/NZD pair to …
BitcoinWorld Wintermute Identifies $75K-$76K as Critical Bitcoin Support Level Amid Institutional Shift Cryptocurrency market maker Wintermute has pinpointed a crucial support zone for Bitcoin between $75,000 and $76,000, offering a measured outlook as the broader market navigates a period of relative weakness. The firm noted that while the overall market structure has not completely broken …
BitcoinWorld ‘Effectively Over’: Trader James Wynn Calls Time on the Memecoin Market A prominent trader on the Hyperliquid platform, James Wynn, has delivered a stark assessment of the memecoin market, declaring it “effectively over.” In a post shared on X, Wynn argued that while memecoins will not vanish entirely, the market has reached a state …
BitcoinWorld Binance to Delist Margin Trading Pairs for COW, SKL, and COTI on May 29 Binance, the world’s largest cryptocurrency exchange by trading volume, has announced it will delist several margin trading pairs involving Cow Protocol (COW), SKALE Network (SKL), and Coti (COTI). The delisting is scheduled for 6:00 a.m. UTC on May 29. Details …
BitcoinWorld Australian Dollar Climbs Above 0.7150 as US-Iran Peace Deal Hopes Lift Sentiment The Australian Dollar extended its recent gains on Tuesday, trading firmly above the 0.7150 mark against the US Dollar, as renewed optimism surrounding a potential peace deal between the United States and Iran boosted risk appetite across global markets. Risk-On Mood Drives …
BitcoinWorld Crypto Market Shaken: $209 Million in Futures Liquidated in a Single Hour The cryptocurrency market experienced a sharp and sudden wave of selling pressure in the past hour, leading to the liquidation of over $209 million worth of futures positions across major exchanges. This rapid unwinding of leveraged trades brings the total liquidations over …
