by OverviewFX | Jul 10, 2025 | Cryptocurrency
The Reserve Bank of Australia (RBA) announced on Thursday a significant step forward in developing a wholesale central bank digital currency (CBDC), launching “Project Acacia” in collaboration with industry partners. The initiative will test 19 pilot programs using...
by OverviewFX | Jul 8, 2025 | Cryptocurrency
What is the Commitment of Traders (COT) Report?The COT report is a weekly snapshot released by the Commodity Futures Trading Commission (CFTC). It shows how different types of traders are positioned in futures markets—meaning whether they’re betting prices will...
by OverviewFX | Jul 4, 2025 | Cryptocurrency
House leaders have designated the week of July 14 as “Crypto Week”, when three major cryptocurrency-related bills will be brought to a vote: the CLARITY Act, the Anti-CBDC Surveillance State Act, and the Senate’s GENIUS Act. Republican lawmakers say...
by OverviewFX | Jul 3, 2025 | Cryptocurrency
Standard Chartered Bitcoin price forecast: US$135,000 by the end of Q3 2025 US$200,000 is possible by the end of Q4 2025Standard Chartered cite two main drivers:inflow into Bitcoin ETFs – in Q2 increasing demand from corporate treasuriesStan Chart say bolster...
by OverviewFX | Jul 3, 2025 | Cryptocurrency
New ETF offers U.S. investors exposure to Solana A new investment vehicle giving traditional investors access to Solana—a major cryptocurrency—began trading Wednesday on the Cboe BZX Exchange:REX-Osprey Solana + Staking ETF is the first US ETF to directly invest in...
by OverviewFX | Jul 1, 2025 | Cryptocurrency
Bitcoin Futures: Megaphone Pattern Emerges. Here’s What You Need to Know.Bitcoin Megaphone Chart PatternBitcoin futures (BTC) are currently forming what’s known as a “megaphone pattern” or “broadening formation,” as observed clearly on...
