South Korea posted a current account surplus of $9.78 billion in October, the Bank of Korea said in Fridays preliminary reading. Thats down from the downwardly revised $10.94 billion surplus in September (originally $11.12 billion). The goods account recorded an $8.12 billion surplus as exports increased annually by 4.0 percent to $60.08 billion and imports...
The average of household spending in Japan was down 1.3 percent on year in October, the Ministry of Internal Affairs and Communications said on Friday - coming in at 305,819 yen. That beat forecasts for an annual decline of 2.6 percent following the 1.1 percent drop in September. On a monthly basis, household spending climbed...
The SEC invited public comments on the proposed Litecoin ETF within 21 days, bringing the possibility of approval closer to reality.Following the SEC’s acknowledgment, Litecoin’s trading volume surged nearly twofold, reaching $1.19 billion, with LTC price surging 13%. Litecoin (LTC) price surged sharply on Thursday, climbing more than 13% after the U.S. Securities and Exchange...
OpenOcean now supports Sky Ecosystem on Ethereum and Base, enabling efficient trading of USDS, sUSDS, and USDC across multiple blockchain networks.Sky Ecosystem, formerly MakerDAO, is migrating MKR to SKY, aiming for a seamless transition with a 24,000 SKY per MKR wrapper conversion. OpenOcean, a prominent aggregator for digital asset trading, now officially supports Sky Ecosystem...
Czech apex bank governor Aleš Michl may lead the Bitcoin reserve strategy.With Trump’s EO on the crypto stockpile, more central banks will likely make a crucial pivot soon. The Czech Republic has caught the ongoing Bitcoin (BTC) reserve bug spreading across several nations. Czech National Bank (CNB) Governor Aleš Michl recently revealed plans to purchase...
Analysts have predicted a positive surge for Bitcoin as the asset has had impressive gains in 11 of the last 12 Lunar New Years. The Eastern trading hours are reported to have accounted for almost 50% of the Bitcoin trading volume from the 44% recorded on January 14. Analysts have tipped Bitcoin (BTC) to stage a...
Nuvve has announced through a press release that it has adopted Bitcoin as a strategic reserve asset, pledging 30% of its excess cash to stack the asset.This adoption aligns with Nuvve to provide cryptocurrency payment options for its clients, aiming to reduce the transactional friction often associated with digital currencies. Nuvve, a global leader in...
Texas plans to establish a Bitcoin reserve as part of its legislative priorities, reinforcing its position as a leader in crypto adoption.Other states, including Utah and Arizona, are considering similar Bitcoin reserves, while federal strategies lean toward a broader crypto stockpile initiative. Texas Lieutenant Governor Dan Patrick has unveiled plans to establish a Bitcoin reserve...
Robinhood is teasing futures trading for Bitcoin, oil, gold, S&P 500, US dollar, and euro with an intuitive trading ladder.Robinhood is expanding globally with UK options trading by 2025 and a Singapore HQ to strengthen its presence in Asian markets. Robinhood has made another impact in the finance industry by teasing plans to introduce futures...
A house committee in Utah has approved a bill allowing the state to allocate funds to invest in Bitcoin and other digital assets, and it could take effect in three months.Utah joins a heated race where each state is out to become the crypto pioneer; just yesterday, an Arizona Senate Committee approved a bill to...