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The U.S. Dollar Index (DXY), which measures the value of the U.S. dollar (USD) against a basket of six major world currencies, was trading negatively around 98.90 during the early hours of the European session on Wednesday.

The U.S. Dollar Index (DXY) is weakening after three consecutive days of gains amid the ongoing U.S. federal government shutdown. The U.S. government shutdown has entered its 22nd day, and on Monday, the Senate failed for the 11th time to advance a bill passed by the House of Representatives to fund the government and end…

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The World Bank reported that the cost of post-conflict reconstruction in Syria is estimated at 216 billion dollars.

The World Bank reported that the cost of post-conflict reconstruction in Syria is estimated at 216 billion dollars. In a statement, the Bank announced the release of a report titled “Syria Physical Damage and Reconstruction Assessment 2011–2024,” which examines the country’s infrastructure and building assets. According to the statement, after more than 13 years of…

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European Central Bank (ECB) Chief Economist Philip Lane warned that banks in the Eurozone could come under pressure if dollar funding were to be cut off.

European Central Bank (ECB) Chief Economist Philip Lane said in a speech at the “2025 WE_ARE_IN Macroeconomics and Finance Conference” in Frankfurt that the sell-off in U.S. Treasury securities and the weakening of the dollar during tariff turbulence have made it even more difficult for Eurozone banks to rely on dollar-denominated liquid assets. Lane warned…

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The budget deadlock continues in Belgium.

Prime Minister Bart De Wever’s so-called “final proposal” failed to reach an agreement despite six hours of discussions, and its presentation to parliament will be postponed again. The federal government in Belgium has once more been unable to agree on the budget plan for the coming years. On Monday evening, De Wever convened the core…

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Large Bitcoin-holding whales have begun converting their spot BTC holdings into ETFs, with BlackRock leading the way.

According to a Bloomberg report, BlackRock and other asset managers are drawing Bitcoin whales to Wall Street. In the U.S., large whales that have long held substantial amounts of Bitcoin have begun converting their spot BTC holdings into ETFs. BlackRock is leading this movement, and Robert Mitchnick, BlackRock’s Head of Digital Assets, stated that the…

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SpaceX transferred $268 million worth of BTC.

According to on-chain data, SpaceX transferred 2,490 BTC worth approximately $268.4 million. Data from OnchainLens shows that 1,197 BTC were sent to one address and 1,298 BTC to another, both linked to Coinbase Prime Custody. According to Arkham Intelligence, SpaceX currently holds 5,790 BTC valued at around $626.9 million. Analysts suggest that these transfers are…

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BTC at $111K Ahead of the Fed.

Bitcoin Hyper has raised $300,000 in just two days, bringing its total to $24.3 million. As BTC holds steady around $111,000 ahead of the Fed meeting, investors are showing strong interest in the project’s 49% APY staking opportunity, with 26 hours left in the presale. The cryptocurrency market began the new week with signs of…

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