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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad DisclosureData shows the Ethereum Open Interest has shot up alongside the assets recovery surge, a sign that chaos could be in store.Ethereum Open Interest Has Gone Up By More Than 8%As explained by CryptoQuant author Maartunn in a new post on X, the Ethereum Open Interest has heated up during the past day. This indicator keeps track of the total amount of derivatives positions related to ETH that are curren
Key Points:WTI crude posts a 5% weekly drop, pressured by easing supply fears and persistent global trade frictions.Natural gas consolidates near $3.11 resistance after rebounding from $2.90, with momentum showing early recovery signs.Expectations of higher OPEC output and weaker demand outlook cap potential upside in oil and gas prices.Market OverviewOil and natural gas markets ended the week under pressure as easing supply disruption fears outweighed earlier geopolitical risk premiums. WTI cru
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad DisclosureIndia’s Income Tax Department has intensified its efforts to curb tax evasion in the cryptocurrency sector, sending more than 44,000 notices to traders who failed to disclose their virtual digital asset (VDA) transactions in their income tax returns.Indian Tax Watchdog Ups The AnteIn a recent session of the Rajya Sabha (Upper House of the Parliament), India’s Minister of State for Finance, Pankaj C
Key Points:Hang Seng Index slipped 0.56% to 24,941, weighed by weak earnings from Chinese chipmaker SMIC and a broader tech sector retreat.Investor caution rises ahead of China’s July inflation and producer price data, key for assessing deflation risks.Hopes for US-China trade progress and Beijing stimulus may lift the Hang Seng Index toward 25,736 or even 26,000.Hang Seng Index Dips on Earnings WoesIs there an end in sight to China’s deflation troubles? The Hang Seng Index fell in early trading
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad DisclosureRipple has announced plans to acquire Toronto-based payment infrastructure company Rail in a $200 million deal aimed at strengthening its footprint in the stablecoin sector.The acquisition is expected to close in the fourth quarter of 2025, subject to regulatory approval. Rail is known for its cross-border payment capabilities using tokenized dollars and is backed by investors including Galaxy Vent
Key Points:DAX climbed 1.12% on August 7 as hopes of a Trump-Putin peace deal boosted market sentiment and risk appetite.German imports from the US surged 19.8% in June, easing concerns over trade tensions amid new US tariffs.Fed rate cut bets remained high as weak US jobless claims and labor cost data lifted demand for risk assets.DAX Extends Rally on Earnings, War Hopes – Will It Break 24,500?Markets cheered signs of peace, extending the DAX’s winning streak. The DAX rallied 1.12% on Thursday,
