Crypto Advocates Challenge Illinois Digital Asset Tax in Court
A coalition of cryptocurrency organizations and individuals has filed a lawsuit against Illinois, challenging the state's new tax on digital asset transactions.
Breaking news from trusted financial sources. Central bank decisions, economic data releases, and expert analysis.
A coalition of cryptocurrency organizations and individuals has filed a lawsuit against Illinois, challenging the state's new tax on digital asset transactions.
Litecoin saw a significant increase in value, outperforming several major cryptocurrencies during a generally positive market session.
XRP saw a notable price surge, reflecting broader market movements and specific developments within the digital asset space.
Economists anticipate the Bank of Korea will increase its base rate by 25 basis points in August, accompanied by revised economic projections.
Malaysia's July exports saw significant year-on-year growth, driven by key sectors and robust external demand, supporting the Malaysian Ringgit.
The US Dollar Index (DXY) concluded the week largely unchanged, with market attention now shifting to upcoming US inflation data and the Jackson Hole Symposium.
Major US stock indices, Nasdaq and S&P 500, concluded the week positioned between critical short-term moving averages.
Economists anticipate the Bank of Thailand will likely keep its key interest rate at 1.00% during its upcoming August meeting.
The Japanese Yen showed little movement against the US Dollar, as robust US economic data tempered expectations of imminent monetary policy shifts.
The latest CFTC data shows a significant increase in net long positions for crude oil among non-commercial traders.
The USD/JPY pair has established distinct technical boundaries, with key moving averages guiding its movements into the upcoming trading week.
A bipartisan group of US representatives is advocating for clearer regulatory frameworks for digital assets, aiming to define commodity versus security classifications.
Gold prices surged to a three-month peak, driven by Middle East developments and a softer US dollar, despite strong US services data.
The Australian dollar advanced significantly against the US dollar today, reaching its highest point since early June.
EUR/USD is poised for its fourth consecutive weekly advance, trading near 1.1682 after touching levels not seen since mid-May.
Economists anticipate a slight decline in Germany's Ifo Business Climate Index for August, influenced by Middle East tensions and energy costs.
The Dollar Index (DXY) remained largely flat, trading within a narrow range just under the 99.00 level as yield movements had limited impact.
The latest Baker Hughes data indicates a modest reduction in active US oil and gas rigs, coinciding with minor crude price gains.
European stock markets generally rose on Friday, but these gains were insufficient to offset the week's overall declines for most key indices.
Brazilian President Lula and US President Trump engaged in a phone conversation, addressing bilateral trade, tariffs, and global matters.
Ethena's ENA token experienced a notable price increase, outperforming many altcoins as the wider cryptocurrency market consolidates.
Gold prices have seen a significant upward movement, breaking past several crucial technical resistance points amid a weaker US dollar.
Swiss National Bank board member Petra Tschudin explained the country's subdued inflation and reiterated the SNB's flexible monetary policy stance.
Euro area business activity showed marginal improvement in August, driven by manufacturing resilience as the services sector slowed.
Real-time quotes powered by TradingView