
ISM Services PMI Looms as Markets Await US Data
Traders brace for the upcoming United States ISM Services PMI release to gauge economic health and potential impacts on the dollar, interest rates, and digital assets.
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Traders brace for the upcoming United States ISM Services PMI release to gauge economic health and potential impacts on the dollar, interest rates, and digital assets.

Magic Eden is scheduled to release 7.0 million ME tokens to its treasury, increasing circulating supply by 1.12%.

Bond market volatility is climbing, signaling potential stress in global finance even as bitcoin and U.S. stocks remain near steady levels.

Crude Oil WTI has broken through the 200-day moving average support level at $88, according to Investing.com.

The memecoin climbed to $0.0197 with a $19.7 million market capitalization, ranking as the strongest mover among established tokens on the platform.

Brent crude oil prices remained near $100 per barrel as a G7 reserve release helped offset supply concerns stemming from the conflict with Iran.

United States crypto-linked equities traded higher in premarket sessions, accompanied by a 1.9% gain for Solana-linked company HSDT, according to bloomingbit.

The Solana Foundation has launched Solana DvP, an atomic settlement program built specifically for financial institutions.

Spiko has secured $90 million in a Series B funding round to scale its $2.7 billion tokenized cash fund business.

U.S. retail crypto regulation currently lacks essential investor protections following the failure of the CLARITY Act, according to BitKE.

Daily pivot levels for BTC calculated from yesterday's high, low and close, with price at $86,156.

Saudi Aramco has reduced crude oil prices for Asian buyers to a six-year low, while Brent crude prices dropped by 2%.

BitGo CEO Mike Belshe aims to transition the crypto custodian's primary revenue sources toward prime brokerage, trading, lending, and settlement services.

Hong Kong regulators plan to establish a licensing regime for digital asset trading, custody, advisory and management services before the end of 2026.

Bitcoin sits down 32% one year after hitting its record high, marking a significantly shallower decline than previous cycle peaks.

The basis trade has returned to the crypto market, with positions on Ethereum growing faster than those on Bitcoin, according to Cmcmarkets.

UBS has raised its European gas price targets following disruptions affecting Gulf liquefied natural gas supplies, according to Investing_Commodities.

A Chinese organized crime syndicate laundered more than $1 billion of crypto stolen in multiple hacks for North Korea’s Lazarus Group, according to blockchain investigator ZachXBT.

Remittix has initiated PayFi testing to introduce EUR and USD transfers to invited holders.

A United Against Nuclear Iran shipping update shows at least 50 oil tankers stranded inside the Persian Gulf under a reinstated U.S. blockade.

Parataxis Ethereum has canceled its planned merger with Parataxis Korea due to delisting risks and potential shareholder cash-out demands that threatened its liquidity.

Bitcoin dropped below $86,000 as a stronger U.S. dollar weighed on overall cryptocurrency demand, according to Moomoo.

World gold prices have experienced a recovery, driven by growing market expectations that the Federal Reserve may pivot its monetary policy stance.

Visa focuses on the Asia-Pacific market as nearly half of consumers in the region plan to use stablecoins.