Argentina Unveils Managed Float for Peso Amidst $20 Billion IMF Deal: A New Chapter in Economic Reform In a landmark move signaling a significant shift in Argentina’s economic policy, President Javier Milei’s administration has secured a $20 billion agreement with the International Monetary Fund (IMF) and introduced a managed float
Binance Coin (BNB) Showing Signs of Rebound Market Volatility and BNB Recently, Binance Coin (BNB) has shown resilience in the midst of market volatility. Despite fluctuations in the cryptocurrency space, BNB has managed to gain traction and make significant gains. According to CoinMarketCap data, BNB rose from a low of
Crypto Asset Investment Products See Second Consecutive Week of Outflows Market Update: Last week, crypto asset investment products faced another week of outflows, marking the second consecutive week of investor pullback. According to the latest weekly report released by CoinShares, total outflows amounted to $584 million, pushing the two-week outflow
Non-Fungible Tokens (NFTs) Used in Legal Proceedings: A New Frontier in Notification The Case in Brazil A court in Brazil recently made history by authorizing the use of non-fungible tokens (NFTs) to notify unidentified defendants in a case involving missing Bitcoins (BTC) tied to an alleged pyramid scheme, BWA Brazil.
The Rise of the Crypto Candidate in Poland’s Presidential Race A New Contender Emerges In a surprising turn of events, the candidate advocating for Poland to establish its own Bitcoin reserve has been gaining traction in the polls leading up to the nation’s presidential election in May. Sławomir Mentzen’s bold
Shiba Inu Breaks Through Crucial Support Level The Decline of Shiba Inu Shiba Inu, one of the most popular meme coins in the cryptocurrency world, has faced a major setback recently. The digital currency has broken through an important annual support level, which has raised concerns among investors about its
Market Sentiment Turns Bearish for ETH The Shift in Market Criteria Recently, the market sentiment for Ethereum (ETH) has taken a turn towards extreme bearishness as new market criteria surface. This shift has left many investors and traders on edge, unsure of what the future may hold for the popular
The Risks Facing Dogecoin Amid Market Correction Market Correction Puts Dogecoin at Risk A closely followed crypto strategist is warning that top memecoin Dogecoin (DOGE) is at risk of heading to much lower levels amid the marketwide correction. Pseudonymous analyst Cheds tells his 353,200 followers on the social media platform
Hedera (HBAR) Faces 13.5% Downward Pressure Hedera (HBAR) has been experiencing a significant downward trend, with its value dropping by roughly 13.5% over the past seven days. This has resulted in its market cap staying around $7 billion. Recent technical signals are indicating a growing bearish momentum, with both trend
Introduction In a significant development, the Urban Redevelopment Authority (URA) of Singapore has released its latest Property Index figures for the first quarter of 2025. The index shows a considerably slowed growth rate of 0.6% quarter-on-quarter, down from the robust 2.3% of the previous quarter. The forecast was pegged at
Introduction On April 1, 2025, the S&P Global Manufacturing Purchasing Managers’ Index (PMI) for Thailand was released, revealing an unexpected decrease to 49.9 from the previous mark of 50.6. This figure not only falls short of the forecasted 50.3 but also dips below the crucial 50.0 threshold, indicating a contraction
Introduction On April 1, 2025, Vietnam’s S&P Global Manufacturing PMI was reported at 50.5, surpassing both the previous reading of 49.2 and the forecast of 49.3. This increase signals a positive shift towards economic stabilization in Vietnam, with implications for both regional and global markets. Although categorized as having a
Overview of the Manufacturing PMI Data On April 1, 2025, South Korea’s Manufacturing Purchasing Managers’ Index (PMI) was reported at 49.1, a decline from the previous figure of 49.9. While the expected forecast was not provided, the actual PMI indicates a contraction in the manufacturing sector, marking a decline by
South Korea’s Shrinking Manufacturing Sector: An April Update The South Korea S&P Global Manufacturing Purchasing Managers’ Index (PMI) has shown a slight decline, slipping from 49.9 in the previous period to 49.1 as reported on April 1, 2025. This drop, although expected to some extent with forecasts pegging it at
Taiwan’s S&P Global Manufacturing PMI for March 2025 has declined to 49.8, below the previous month’s 51.5 and missing forecasts of 51.2. This decrease signals a contraction in the manufacturing sector, which may have wider implications for both Taiwan and the global economy. While the immediate impact is low, this
Disappointing Retail Sales Performance In a recent release, Australia’s Retail Sales figures for March 2025 showed a meager increase of 0.2%, falling short of both the previous month’s growth of 0.3% and the consensus forecast of 0.3%. This data, released by the Australian Bureau of Statistics, indicates a slowing momentum
