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Forex Daily

Fed’s Cook says inflation has stayed too high for too long

The Fed Governor Lisa Cook crossed the wires on Wednesday and said she is committed to returning inflation to the Fed’s 2% goal while preserving the strength of the labour market.

Micron impresses with $54.2 billion in Q4 revenue

Micron Technologies (MU) reported a beat on the top and bottom lines in the fiscal fourth quarter afterhours on Wednesday.

Market liquidity is tightening, MEXC maintains the lead for Sol and Doge: A breakdown of the coingecko report

Crypto exchange MEXC ranked first in terms of order book depth at the market price for Solana (SOL) and Dogecoin (DOGE), according to a CoinGecko Research report on liquidity across centralized exchanges.

Targets hit, gaps open, bears still hungry - Here’s what matters next

A lot of the scenarios we mapped last week have now played out - and in several markets, the targets were not just tested but fully reached.

Market News

Bitcoin holds near $83,000 as Zcash tumbles 12%; traders eye PCE and payrolls

Abstract financial-terminal illustration of a yield line curving toward a decision clock over candlestick fragments

Bitcoin held above $83,000 on 29 September while Zcash fell 12% and the 10-year Treasury yield stayed at its highest since 2007, with PCE inflation data and the jobs report next.

The post Bitcoin holds near $83,000 as Zcash tumbles 12%; traders eye PCE and payrolls appeared first on Forex Crunch.

CFTC updates crypto FAQs, allowing tokenised customer funds and blockchain recordkeeping

Stylised illustration of blockchain ledger blocks and a regulatory gavel in navy blue with amber highlights

The CFTC's staff divisions say customer funds may be invested in tokenised assets with equivalent rights, and staff will not object to onchain recordkeeping.

The post CFTC updates crypto FAQs, allowing tokenised customer funds and blockchain recordkeeping appeared first on Forex Crunch.

Bitget restarts Bitcoin withdrawals four days after $388M hack

Illustration of a sequence of vault doors opening in stages, with one still closed, in a navy and blue terminal palette

Bitget restarts Bitcoin withdrawals in phases after a $388M exploit; XRP stays frozen as stolen tokens move, with the remaining services due by 2 October.

The post Bitget restarts Bitcoin withdrawals four days after $388M hack appeared first on Forex Crunch.

Binance buys $100 million Circle stake in five-year USDC promotion deal

Abstract illustration of an equity stake and five-year partnership linking a stablecoin issuer and a crypto exchange, in the site's financial-terminal style

Binance bought $100 million of Circle stock at a discount alongside a five-year deal to promote USDC, per an SEC filing.

The post Binance buys $100 million Circle stake in five-year USDC promotion deal appeared first on Forex Crunch.

Brussels and Washington’s stablecoin rulebooks edge closer as the ECB targets MiCA’s deposit rule

Stylised illustration of two regulatory frameworks converging over a financial terminal background

The ECB and EU central banks want MiCA's 30%/60% stablecoin bank-deposit rule scrapped for liquidity thresholds, moving closer to the US GENIUS Act if adopted.

The post Brussels and Washington’s stablecoin rulebooks edge closer as the ECB targets MiCA’s deposit rule appeared first on Forex Crunch.

 
 
 

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