OANDA Group
CFXS
Newsletter
Open hamburger menu

Cryptos: all news & analysis

Keep up to date with the dynamic cryptocurrency market. We provide timely coverage of price movements, emerging trends, and expert insights on Bitcoin, Ethereum, XRP and other top digital assets. Our website offers the latest information on blockchain technology, regulatory developments, and market analysis, which are all pivotal in understanding crypto valuations. So, whether you're an experienced trader or embarking on your crypto journey, MarketPulse will help you make smart decisions in this exciting field.

AdobeStock_35973839.jpeg
Economic jitters hurt oil and boost gold, Crypto unfazed
Recession risks drive safe-haven flows gold's way Oil has worst weekly decline since May Bitcoin tests highest level in a year Oil Oil prices are declining on fears that a European recession and delayed stimulus from China will spell trouble for the global growth outlook.  Next week, the heads of the major central banks will gather in Portugal and likely signal a commitment to tackle inflation with aggressive rate hikes. Energy traders are worried that the Fed and friends might cripple econom
23-06-2023 10:32 GMT by Edward Moya
Yields-up.jpg
Oil and gold tumble as central bank tightening threatens global outlook, Bitcoin at $30k
Oil Oil prices are going to remain heavy as central bank tightening will kill the global growth outlook. ​ Energy traders will keep a close eye on today’s stockpile that might show a modest draw. ​ The oil market will remain heavy until European inflation eases. ​ Brent crude could make a run towards the $70 region but should rebound once we finally see significant easing come from Beijing. A bullish EIA crude oil inventory report was unable to stop WTI crude's selling pressure.  Stockpiles decl
22-06-2023 13:39 GMT by Edward Moya
AdobeStock_220383845.jpeg
Stocks lower as Hawkish Powell doubles down on tightening threat
Dollar drops after 3-day rally Powell remains hawkish; bringing down inflation has a long way to go Fed swaps price in a 69.2% chance of a hike at the July 26th FOMC meeting US stocks declined as Fed Chair Powell’s testimony to the House affirmed the Fed’s threat of higher rates to combat inflation.  Wall Street should not have been surprised by Fed Chair Powell’s commitment to vanquish inflation, but swap futures are still only pricing in one more rate hike.  Powell reiterated that the economy
21-06-2023 16:41 GMT by Edward Moya
stock-market-newspaper-report.jpg
US return could boost activity, focus remains on BoE and UK inflation
Stock markets remain slightly in the red on Tuesday but activity should pick up with the return of Wall Street from the long bank holiday weekend. The focus this week remains on the central banks and whether we are as close to the end of the tightening cycle as everyone wants to believe. While there is the temptation to take what the Fed and others say with a small pinch of salt given their record over the last couple of years and the fact that any pivot was always likely to come late, they hav
20-06-2023 04:49 GMT by Craig Erlam
AdobeStock_326379287-1-scaled.jpeg
All eyes on the BoE this week
It's been a quiet start to the week with stocks edging lower in light trade due to the US bank holiday. It feels like last week may have left us with more questions than answers in that the US inflation data was ok, not great, the Fed paused while forecasting multiple more hikes, and the ECB hiked while insisting more is to come. Now it's up to the BoE to continue its firefighting mission; one that is at risk of getting out of control despite the MPC's efforts to contain it. Of all the major e
19-06-2023 13:25 GMT by Craig Erlam
BoE-1-hi-res-1.jpeg
Ending the week on a positive note, more central banks next week
Markets are ending the week on a positive note but there remains enormous uncertainty around inflation and interest rates that looks set to continue throughout the summer. Expectations are changing considerably on a very regular basis, with markets now pricing in no rate cuts in the US this year but a strong chance of one more hike, which still falls short of the median two from the Fed dot plot. The central bank opted to buy itself time on Wednesday which may prove to be a good decision given t
16-06-2023 11:10 GMT by Craig Erlam
AdobeStock_588794145-1-scaled-e1703085609492.jpeg
Oil finds support, Gold crushed on global central bank tightening, Cryptos waver
China's oil demand stood at 14.6 million bpd, +17% y/y, but down from a month ago Strong dollar killing gold as more rate hikes penciled in by Fed Global crypto market barely holds onto the $1 trillion level, down 3.5% to $1.02T Oil Crude prices are trying to find support as the global growth outlook remains vulnerable to further shocks from aggressive rate hiking campaigns.  The Fed will keep the short-term outlook volatile as they are eyeing further rate hikes, while China rushes to deliver s
15-06-2023 10:30 GMT by Edward Moya
AdobeStock_402913558_Editorial_Use_Only.jpeg
All eyes on the Fed, bitcoin struggling
The big day has finally arrived and investors are seemingly in quite an upbeat mood going into the Fed interest rate decision. The inflation data on Tuesday appears to have settled any remaining Fed nerves with markets now pricing in more than a 90% chance that the central bank leaves rates unchanged. That seems a little overconfident given the data as a whole still paints quite a resilient and stubborn picture which could result in markets being caught out by a final hike, especially following
14-06-2023 12:08 GMT by Craig Erlam
AdobeStock_89408340-scaled.jpeg
Oil shorts are in control, Gold and Bitcoin remain heavy
Oil's 4% drop takes prices to a three-month low Gold lower but still holding key range Bitcoin remains heavy as some traders move to DeFi exchanges Oil Oil has easily become a favorite short on Wall Street.  The oil market doesn't appear like it will get tight anytime soon on fears that China’s weak post-COVID recovery won’t be improving anytime soon and as Russia continues to sell more oil to China and India. In addition to all the bearish drivers, some notable oil bulls are abandoning their a
12-06-2023 15:51 GMT by Edward Moya
usa-puzzle-jobs-usd-nfp.jpg
Jobless claims may offer well-timed comfort for the Federal Reserve
European stocks ended the day relatively flat while tech is enjoying a bounce in the US on the back of a spike in jobless claims, perhaps an early sign of the labor market weakening. A well-timed spike in US jobless claims Jobless claims spiked last week in what could be the start of another trend higher after stabilizing over the last few months. Claims had been expected to rise much earlier than this but for one reason or another, they've stayed remarkably steady.
08-06-2023 13:41 GMT by Craig Erlam
Podcast-Thumbnail-Orange-–-1280x720-1.png
Podcast - China trade, BoC hike, SEC goes after crypto
OANDA Senior Market Analyst Craig Erlam joins Jonny Hart and Trader Nick to discuss the big stories of the day. They talk about the Chinese trade data, Australia GDP, Bank of Canada, Oil, Gold and the SEC lawsuit against Binance and Coinbase.
07-06-2023 14:29 GMT by Craig Erlam
AdobeStock_286664985_Editorial_Use_Only.jpeg
Bitcoin turns positive as SEC plays Whac-A-Mole with crypto exchanges
Gensler "These trading platforms, they call themselves exchanges, are commingling a number of functions" Gensler "Look, we don’t need more digital currency" Bitcoin rebounds after falling to lowest levels since March The SEC looks like it is playing Whac-A-Mole with crypto exchanges. ​ The first crypto exchange to get the regulatory hammer was Binance, the world’s largest crypto exchange. The next crypto exchange to get hit with an SEC lawsuit was Coinbase and it seems like this is just the beg
06-06-2023 12:53 GMT by Edward Moya
AdobeStock_563136013-scaled.jpeg
Saudis solo-cut oil pop faded, Gold rises, Crypto crushed as Binance Sued by SEC
Saudis raises prices to Asia after surprise solo-output cut Gold rises as Fed hike odds edge lower after soft ISM services report SEC goes after Binance and CZ Oil The Saudis are going at it alone in doing whatever it takes to stabilize oil prices. ​ The Saudi problem is that energy traders aren’t believing the kingdom has enough power to sway all OPEC+ to deliver meaningful action. ​ The Sunday decision to deliver a solo-cut triggered a near 5% jump on the open, but that quickly disappeared. ​
05-06-2023 14:01 GMT by Edward Moya
stock-market-g6a662b1de_1280-1.jpg
Services PMIs point to broader economic weakness
A raft of weaker services surveys have weighed on sentiment in Europe at the start of the week while Wall Street is more of a mixed bag. Investors are still digesting Friday's jobs report which didn't settle the debate on whether the Fed should pause or not ahead of the meeting next week. There were positives and negatives in the report but ultimately now it comes down to the inflation data next week. The services PMIs today have broadly disappointed despite remaining in a healthy position.
05-06-2023 12:15 GMT by Craig Erlam
opec-Meetings-oil-barrel-2.jpg
Energy traders afraid to be short heading into OPEC weekend meeting
JMMC and OPEC+ ministerial meeting  on Sunday June 4th Gold's weekly gain hurt as traders price in one more hike Bitcoin holds onto $27,000 for now Oil Crude prices are having a strong finish to the week after the US jobs report showed the economy is not ready to head into a recession. ​ Oil was heavier throughout the earlier part of the week on disappointing Chinese data and expectations that OPEC+ would not be able to deliver more production cuts despite the Saudi warning to short-sellers. ​
02-06-2023 11:34 GMT by Edward Moya
jobs-In-America-flag.jpg
Markets buoyed by debt ceiling deal but US jobs report was always the main event
A debt ceiling fiasco has been averted late in the day and markets are ending the week on a positive note, as traders turn their attention to the US jobs report. Rarely do you have a situation in which everyone appears to be in agreement but we've seen over the last few weeks that no one at any stage thought a US default was a realistic possibility. Brinkmanship in Washington is part of the theatre of the negotiation but the idea that Congress would ever intentionally allow the US to default is
02-06-2023 08:29 GMT by Craig Erlam
us-jobs-nfp-report-employment.jpg
Some optimism going into the jobs report but ADP keeps traders on their toes
Eurozone inflation data gave investors cause for optimism today while the US ADP report may make some people nervous ahead of tomorrow's jobs data. A rare positive surprise from eurozone inflation data We had a rare positive inflation surprise today, with both headline and core eurozone HICP releases coming in much lower than expected. While energy was largely behind the decline in the headline rate - as it has been since it peaked in October - services inflation moderated last month, with the l
01-06-2023 12:08 GMT by Craig Erlam
1 … 8 9 10 … 41