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The average rate on a 30-year mortgage in the U.S. edged higher this week, ending a seven-week slide that helped ease borrowing costs for home shoppers leading into the spring homebuying season. The rate averaged 6.65% this week, up from 6.63% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.74%….

Major cryptocurrency exchange Coinbase has announced its decision to delist three digital assets from its platform; meme coins Floki, GIGA and Turbo are affected in this latest cleanup. The move comes as part of the exchange’s regular review process to ensure compliance and maintain quality standards. Coinbase made this known in a recent tweet, revealing…

By Rae Wee SINGAPORE (Reuters) -The dollar struggled for traction on Thursday as investors worried about the impact of an escalating global trade war on U.S. inflation and growth, while the yen ticked higher on favourable domestic conditions for more policy tightening. A rise in global trade tensions and worries over U.S. recession risks have…

Binance US, the local arm of cryptocurrency trading behemoth Binance, has announced that the XRP/USD pair is now available for trading.  Due to the SEC lawsuit against Ripple, the cryptocurrency trading platform moved to suspend XRP trading in early 2021 in lockstep with the vast majority of other leading US-based exchanges of the likes of…

Intel (INTC) announced it’s appointing Lip-Bu Tan as its new CEO. The chip industry veteran, who previously helmed Cadence Design Systems, takes over from interim co-CEOs David Zinsner and Michelle Johnston Holthaus. The duo succeeded former CEO Pat Gelsinger, who was ousted by Intel’s board in late 2024. Shares of Intel climbed more than 11%…

Jurrien Timmer, director of global macro at Fidelity Investments, has weighed in on the Bitcoin price action, arguing that $70,000 is the main level to watch.  “Perhaps this correction will set up for the next launch, but for now, all eyes are on support at the $70k,” Timmer said.  According to Timmer, Bitcoin has now…

LONDON (Reuters) – European Union tariffs affecting U.S. spirits like bourbon whiskey will be “devastating” for the liquor industry, trade associations on both sides of the Atlantic said on Wednesday. The European Commission said earlier on Wednesday it would impose tariffs on 26 billion euros ($28.31 billion) worth of U.S. goods from next month, ramping…

The recent buying spree of 689 billion PEPE tokens has sparked curiosity among investors and traders. Three wallets, all linked to Tornado Cash, accumulated these massive amounts of tokens in a short period, indicating potential risk-on positioning. According to blockchain data, wallet 0x7A7D executed the largest transaction, spending 1,413.4 ETH ($2.72 million) to acquire 437.7…

(Bloomberg) — Stocks edged up in Asia along with futures for European and US markets after President Donald Trump sought to reassure a business roundtable over the outlook for the economy and the steps he’s taking to boost growth. Most Read from Bloomberg A gauge of regional shares traded in a tight range while Australia’s…

As Solana gets closer to a possible death cross formation, it is currently under intense bearish pressure. This technical indicator typically indicates prolonged downward movement, when the short-term moving average (like the 50-day MA) crosses below the long-term moving average (200-day MA).  Solana’s market structure has gotten worse as a result of the recent breakdown…