Forex

USD/IDR: Here’s why the Indonesian rupiah is falling

The Indonesian rupiah is collapsing, a trend that may continue in the coming weeks if the central bank fails to intervene. The USD/IDR exchange rate soared to a high of 16,653 on Tuesday, the highest level since 1998 when the Asian currency crisis ha...

Crypto exchange MEXC cracks down on market manipulation, freezes 1,500 accounts

Cryptocurrency exchange MEXC has cracked down on over 1,500 accounts tied to a coordinated market manipulation scheme after internal investigations revealed suspicious activity in Vietnam and the Commonwealth of Independent States (CIS). Some of thes...

Ripple Labs settles SEC lawsuit with $50 million fine: what it means for XRP

Ripple Labs has settled with the US Securities and Exchange Commission (SEC). The company has agreed to pay a reduced $50 million fine in a case that has been closely watched by the cryptocurrency industry. The deal marks a major turning point for Ri...

BlackRock debuts European Bitcoin ETP as crypto inflows top $50B

BlackRock has launched its first bitcoin exchange-traded product (ETP) in Europe, marking a major expansion of its global crypto investment offerings. The move comes after its US-listed iShares Bitcoin Trust ETF (IBIT) became the largest spot bitcoin...

Are foreign investors returning to Indian equities? Here’s what experts say

Foreign institutional investors (FIIs) are returning to Dalal Street as net buyers, ending their prolonged selling streak and driving a strong rally in the stock market. Global funds have emerged as net buyers of Indian equities on a weekly basis for...

Circle set to roll out USDC in Japan after securing FSA approval

Circle is set to launch its USDC stablecoin in Japan on 26 March, in partnership with SBI Holdings. SBI VC Trade, a subsidiary of SBI Holdings, will spearhead the initial launch of USDC in Japan on March 26, paving the way for the stablecoin’s...

Abu Dhabi’s ADGM partners with Chainlink to advance global blockchain standards

Abu Dhabi Global Market (ADGM) has entered into a strategic partnership with Chainlink, aiming to strengthen its regulatory framework for blockchain, tokenisation, and emerging financial technologies. This collaboration is part of a wider effort to d...

USD/TRY: What next for lira as Turkey moves towards autocracy?

The Turkish lira remained on edge on Monday as the political crisis in the country continued after more politicians, journalists, and activists were arrested. The USD/TRY exchange rate was trading at 37.7 on Monday, down from last week’s high of 39.8...

USD/BRL analysis and the Brazilian real carry trade opportunity

The Brazilian real weakened slightly against the US dollar after last week’s Federal Reserve and Copom interest rate decisions. The USD/BRL exchange rate rose to a high of 5.7285 on Monday, its highest point since March 17. It remains about 10% below...

USD/JPY forms a death cross: is the Japanese yen about to soar?

The USD/JPY exchange rate was in the spotlight last week as the Federal Reserve delivered its March interest rate decision and Japan published its March inflation data. It was trading at 150, a few pips above the year-to-date low of 146.58. So, what...

Long GBP/AUD: the price has formed a bullish head and shoulder pattern which indicates the continuation of the rally

USD/TRY: The $12 billion reason why the Turkish lira is surging

The Turkish lira has surged in the past few days even as political risks in the country soared. The USD/TRY exchange rate initially soared to a record high of 40.97 on Wednesday but ended the week at 37.50. It has soared by almost 9% in the past few...

Short EUR/CAD: EUR/CAD is likely to drop as the Canadian dollar strengthens

Long CHF/JPY: bullish reversal from key trendline support, eyeing breakout above resistance for further gains

Watcher Guru X account hacked; false XRP-SWIFT claim spreads across platforms

Watcher Guru, a major cryptocurrency news outlet, suffered a security breach early on March 21, resulting in the spread of a false report involving Ripple’s XRP and the SWIFT payment network. The hacker exploited the platform’s automated reposting sy...

Should you invest in PepeX as Pump.fun revenue continues to decline?

PepeX is entering the meme coin space with a different strategy. The AI-powered platform launches its 30-stage PEPX token presale on March 24, 2025. At each stage, the token price will rise by around 5%, allowing early-stage participants to secure po...

Long CADCHF: the price is likely to turn bullish after forming a double-bottom pattern

Trump Media execs launch $179M SPAC to potentially target crypto, blockchain deals

Renatus Tactical Acquisition Corp I, a newly launched special purpose acquisition company (SPAC) with direct ties to Trump Media & Technology Group, is moving ahead with plans to raise $178.9 million through an initial public offering (IPO) and a...

Australian authorities uncover Binance scam targeting over 130 crypto investors

Australian authorities have ramped up efforts to combat a sophisticated crypto scam that is deceiving investors by impersonating Binance, the world’s largest cryptocurrency exchange by trading volume. The Australian Federal Police (AFP), in collabora...

Kraken to acquire NinjaTrader for $1.5 billion; eyes crypto futures expansion in the US

Kraken is finalising a $1.5 billion deal to acquire trading platform NinjaTrader, a move that could significantly enhance its presence in the US derivatives market, as per a WSJ report. The acquisition, which could be confirmed as early as March 20,...