TheCryptagon
‘Last Resort’: CEO Says Bitcoin Sale Possible if mNAV Weakens and...
Strategy CEO Phong Le said the company would only consider selling Bitcoin if its stock price dropped below net asset value and the firm...
$2.3B Leaves IBIT in November — BlackRock Says It’s ‘Normal’
BlackRock has downplayed the $2.34 billion in November outflows from its IBIT spot Bitcoin ETF, saying the withdrawals are normal and reflect the fund’s...
China Cracks Down Again After Crypto Hype Returns
The People’s Bank of China has renewed its warning against cryptocurrency activity, stressing that the national crypto ban remains fully in force. The central...
Oil Rises Over 1% as OPEC+ Extends Pause, Supply Risks Loom
Oil prices climbed more than 1% in Asian trading on Monday, supported by OPEC+’s decision to keep output steady in the first quarter and...
Dollar on Edge Ahead of Fed Meeting and Powell Successor Decision
The U.S. dollar started December on weaker footing as investors prepared for a crucial month. Markets are watching for what could be the final...
Asia FX Holds Steady as Fed Cut Hopes Build; Yen Climbs...
Asian currencies were mostly stable on Monday as traders reacted to rising expectations of a Federal Reserve rate cut in December and another batch...
Gold Steadies Near 6-Week High as Dollar Weakens, Fed Cut Eyed
Gold prices held close to a six-week high on Monday, supported by a weaker U.S. dollar and growing expectations that the Federal Reserve may...
Asian Stocks Dip as Yen Strengthens on Ueda’s Rate Hike Signal
Asian and global markets weakened on Monday after a strong finish to November. A wave of risk aversion swept across investors, even though optimism...
Russia’s Manufacturing Contracts Again in November
Russia’s manufacturing sector continued to weaken in November, despite a slight uptick in the S&P Global Russia Manufacturing PMI. The index rose to 48.3...
Pakistan’s Manufacturing Rebounds in November After Two-Month Dip
Pakistan’s manufacturing sector strengthened in November, recording its first expansion in three months. The latest HBL Pakistan Manufacturing PMI, compiled by S&P Global, showed...
