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Elon Musk, the CEO of Tesla, voiced a positive outlook on Bitcoin, acknowledging its value and hinting at an appreciation for other digital currencies.

XRP trading activity is heightening in South Korea, where traders tend to get euphoric about rallying tokens.

The crypto Trump trade appears to be softening.

Bitcoin has exhibited a strong positive correlation with NVDA since late 2022.

Bitcoin has exhibited a strong positive correlation with NVDA since late 2022.

(Bloomberg) -- Australia’s core inflation unexpectedly decelerated last quarter, supporting the Reserve Bank’s view that prices will gradually ease and prompting money markets to boost bets on an interest-rate cut. The currency and bond yields dropped.Traders abandoned wagers on policy tightening at the RBA’s meeting next week after the closely-watched trimmed mean inflation gauge, which smooths out volatile items, advanced 3.9% in the second quarter from 4% in the prior period, government data

The purchase of bitcoin for a new strategic reserve would be financed partly by revaluing Federal Reserve's gold, according to draft legislation from U.S. Senator Cynthia Lummis's office. The plan proposes establishing a "Bitcoin Purchase Program" of up to 200,000 BTC a year over a five-year period. U.S. Senator Cynthia Lummis's plan for a new Strategic Bitcoin Reserve would finance purchases of the cryptocurrency partly by revaluing gold certificates held by the Federal Reserve System, according to a draft of the legislation obtained by CoinDesk.