Crypto exchange Binance must respond to the US Securities Exchange Commission’s (SEC) order to freeze assets tied to its subsidiary Binance.US by June 12, ahead of a court hearing about the case on June 13, according to the D.C. district court schedule.     Contrary to rumors in the crypto community, the judge hasn’t approved any freezing […]

Futures markets point to a higher opening of the European cash session. DAX futures (DE30) painted a fresh all-time high above 16,300 pts earlier today but has pulled back a bit since. Moods on the markets are upbeat as traders are being constantly reminded that debt ceiling negotiations are progressing with House Speaker McCarthy saying […]

The Australian Dollar (AUD) experienced a decline as doubts arose regarding China’s economic recovery. The latest statistics unveiled a slowdown in activity, with industrial production growing at 5.6% year-over-year until April, falling short of the forecasted 10.9% and below March’s 3.9%. Similarly, retail sales for the same period reached 18.4%, missing the expected 21.9% and […]