by OverviewFX | Sep 5, 2025 | Cryptocurrency
On Sunday afternoon/evening US time a sell lot of around 24K Bitcoin was slammed through. It difficult to think that this was anything other than part of an aggressive move to drive the price down.After some retrace it appears to be working, with a new low since being...
by OverviewFX | Sep 5, 2025 | Cryptocurrency
Via various crypto media outlets:BlackRock acquired $314.9 million in Ethereum over several transactions in the past five days.Spot Ethereum ETFs recorded net inflows of $443.91 million, signalling fresh institutional demand for crypto.BlackRock’s purchases underscore...
by OverviewFX | Sep 5, 2025 | Cryptocurrency
Crypto fund manager Canary Capital has filed to launch Wall Street’s first spot ETF directly tied to President Trump’s meme coin, TRUMP. Unlike earlier filings this year that proposed indirect exposure through Cayman subsidiaries and U.S. Treasuries, Canary’s...
by OverviewFX | Sep 5, 2025 | Cryptocurrency
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
by OverviewFX | Sep 4, 2025 | Cryptocurrency
Fundamental OverviewBitcoin rallied strongly on Friday as Fed Chair Powell tilted more dovish. Traders firmed up expectations for a rate cut in September which now stands around 84% probability with a total of 54 bps of easing by year-end. The gains started to fade...
by OverviewFX | Sep 4, 2025 | Cryptocurrency
Japan Post Bank plans to roll out a digital yen by the end of fiscal 2026, aiming to give its depositors easier access to digital transactions. The bank, which manages about ¥190 trillion ($1.29 trillion) in deposits and is partly owned by the Japanese government,...