Stay informed with the latest financial news, market insights, investment strategies, and global economic updates. The Finance category at Ferox covers everything you need to make smarter financial decisions in today’s digital world.
WALL Street’s main indexes opened higher on Friday, tracking strength in global stocks after President Donald Trump held off from making an immediate call on U.S. involvement in the Israel-Iran war. The Dow Jones Industrial Average rose 119.4 points, or 0.28%, at the open to 42,291.09. The S&P 500 rose 18.8 points, or 0.31%, at…
BEIJING: Chinese exports of rare-earth magnets continued their downward slide in May, official data showed on Friday, reflecting restrictions imposed by Beijing during its trade war with the United States. China is the world’s leading producer of rare earths, used to make magnets essential to the automotive, electronics and defence industries. Since April, Beijing has…
Key takeaways DOGE has lost its position as the 8th-largest crypto by market cap after Tron’s TRX overtook it. The coin could drop to the $0.15 level as the broader sentiment remains bearish. TRX flips Dogecoin Tron’s TRX has been the best performer among the top 10 cryptocurrencies by market cap this week. After an…
DOT rebounded, gaining 4%, after dropping 3.67% to $3.464, where it found strong support, according to CoinDesk Research’s technical analysis model. The move higher was on strong volume, the model showed. A bullish reversal pattern has formed with consecutive higher lows since the bottom, which suggests further potential upside, according to the model. In recent…
Thailand’s Securities and Exchange Commission (SEC) opened a consultation on rules for exchanges to issue their own utility tokens. The regulator is proposing allowing crypto exchanges, or a person related to the exchange, to issue utility tokens for blockchain transactions, it said on its website. Exchanges will have to disclose the names of anyone related…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3035.75, up 1.3% (+38.34) since 4 p.m. ET on Thursday. Seventeen of 20 assets are trading higher. Leaders: AAVE (+3.5%) and HBAR (+2.4%). Laggards: BCH (-1.5%) and NEAR (-0.5%)….
Bitcoin Magazine The CLARITY Act Shouldn’t Be Included in the GENIUS Act Say Senator Hagerty, Analysts On Tuesday, the U.S. Senate passed the GENIUS Act (S. 394), which would establish a comprehensive federal framework for U.S. dollar-denominated stablecoins. Now, I know some of you are rolling your eyes because Bitcoin Magazine is covering a stablecoin…
The XRP price is currently trading well below $3; however, a crypto expert believes that in less than two years, this popular altcoin could enter the double-digit territory, marking a historic moment in crypto. The analyst has forecasted a potential surge to $27, pointing to a re-emerging pattern from 2017. With over six months left…
Bitcoin Magazine Forecasting Bitcoin Price Cycle Peak with the 200-Week Moving Average As Bitcoin approaches increasingly euphoric territory, the million-dollar question resurfaces of how can we accurately time the cycle’s peak? Most investors either exit too early or ride the market back down after failing to recognize when conditions have shifted. But a deceptively simple…
Everything Blockchain Inc. has announced a $10 million strategic crypto allocation into Solana, XRP, Sui, Bittensor, and Hyperliquid. SOL, XRP, SUI, TAO, and HYPE are gaining traction, and Everything Blockchain aims to use the buys to front-run potential Wall Street influx into crypto. The Solana and XRP prices hover near key support levels. Everything Blockchain,…
