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Posts published in “Business”

SEC Chair Moves to Reevaluate Bitcoin Guidance

Mark Uyeda, as acting SEC chair, ordered staff on April 5, 2025, to reassess multiple crypto-related rules, particularly the SEC’s decision about crypto investments and Bitcoin futures investing standards.  This review includes both instructions about market disclosure letters and guidance on digital asset securities oversight as well as Wyoming’s no-action letter and its related custody

Traders Bet Big as XRP Open Interest Blasts Through $3 Billion Barrier

XRP’s open interest has surpassed the $3 billion mark within 24 hours, bringing new attention to Ripple’s native cryptocurrency XRP. Per CoinGlass data, Ripple open interest reached $3.61 billion, indicating that traders are highly bullish on the altcoin’s price movement.  XRP’s surge in open interest, a measuring metric used to determine the value of outstanding

AUD/JPY Price Analysis: Heavy losses drag pair near 88.60 as bearish momentum accelerates

The AUD/JPY pair tumbled aggressively on Friday, retreating toward the 88.60 area after shedding over 4% during the day. The move represents one of the steepest intraday declines in recent sessions, dragging the pair away from the recent highs and into a mid-range zone between 87.41 and 92.64...