Forex

ZkLend exploit backfires as hacker loses $9.6 million in ETH to phishing scam

The hacker behind the $9.6 million exploit of Starknet-based lending platform zkLend has now lost the entire stolen stash of 2,930 ETH to a phishing scam. In a surprising twist, the attacker unknowingly deposited the funds into a fake version of Torn...

AUD/USD forecast: signal after the RBA interest rate decison

The AUD/USD exchange rate remained under pressure on Tuesday after the Reserve Bank of Australia (RBA) delivered its second interest rate decision of the year. It was trading at 0.6245, down slightly from the year-to-date high of 0.6390. So, what’s a...

Bitcoin dominates as crypto market sees $226M inflow

After a grueling period of record outflows, the digital asset market is showing signs of life. Last week, digital asset investment products attracted a substantial $226 million in inflows, marking nine consecutive trading days of positive sentiment a...

Crypto prices today: Bitcoin remains range-bound amid recession fears, CORE and TON lead altcoins

BTC remained range-bound as markets weighed in recession signals.

Brazil restricts pension funds from investing in cryptocurrencies: here’s why

Brazil has officially barred a major category of pension funds from investing in cryptocurrencies, citing risk concerns and the need to preserve long-term financial stability. The country’s top financial policy body, the National Monetary Council (CM...

Is Pi Network (PI) headed for a new low after 26% plunge?

Pi Network (PI) is facing significant downside pressure after a steep drop in value over the past week. According to data from CoinMarketCap, PI’s price has plummeted more than 26% in the last seven days, underperforming the broader crypto market, wh...

South Korean court jails crypto scam ring for embezzling $416,000 through fake investment firm

A South Korean court has sentenced three individuals to prison for orchestrating a fraudulent cryptocurrency investment scheme that embezzled over $416,000 (610 million won) from unsuspecting victims. The trio ran a deceptive operation from Busan und...

AUD/USD forecast: forms H&S pattern ahead of RBA decision

The AUD/USD exchange rate has retreated in the past few days ahead of the upcoming Reserve Bank of Australia (RBA). It was trading at 0.6278, down by almost 10% from its highest point in 2024. It has also pulled back by almost 2% from its highest poi...

Long EUR/USD: the formation of the bullish head and shoulder pattern indicates the continuation of the rally

Short NZD/JPY: the price has retained the bearish momentum after the recent correction

Long GBP/JPY: symmetrical triangle breakout signals bullish continuation towards 205 amid yen weakness

USD/MXN forecast ahead of Trump Liberation Day tariffs

The USD/MXN exchange rate drifted upwards this week after Donald Trump ratcheted up his trade war rhetoric and after the Banxico slashed interest rates for the second consecutive meeting. It rose to a high of 20.30, up from this month’s low of 19.85....

Terraform Labs launches claims portal: check details

Terraform Labs has launched an official claims portal for victims of the TerraUSD (UST) collapse, enabling creditors to seek compensation for their crypto losses linked to the failed Terra ecosystem. The move follows the company’s court-approved bank...

USD/INR analysis: here’s why the Indian rupee is soaring

The Indian rupee has staged a strong comeback this year, making it on of the top-performing currencies. The USD/INR pair plunged to a low of 85.50, its lowest level since January 2 and 2.7% below its highest point this year. This article explains why...

USD/RUB forecast: here’s why the Russian ruble is pumping

The Russian ruble has surged this year as the odds of a deal with Donald Trump rose and as it became a viable carry trade currency. The USD/RUB exchange rate bottomed at a low of 81 this month from the year-to-date high of 113.63. So, what next for t...

ICE partners with Circle to bring $30bn USDC, tokenised funds into global markets

Intercontinental Exchange (ICE), the $70 billion operator of the New York Stock Exchange, is taking a major step towards integrating stablecoins and tokenised funds into the core of traditional finance. The company has entered into an agreement with...

Short EUR/NZD: the price has broken the bearish trend line and the market structure has turned bearish

Short AUD/NZD: the price has once again formed a bearish head and shoulder pattern which indicates a further drop

Ripple targets Africa’s cross border payments market through Chipper Cash deal

Ripple has launched a strategic partnership with Chipper Cash to expand the use of Ripple-powered payment services across Africa. The move comes as the global blockchain firm seeks to tap into Africa’s growing cross-border payments sector. The partne...

Short USD/CAD: USD/CAD is likely to retrace after the recent rally as the price broke the bullish trendline and dropped below a key support area