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Business

How the Epic Games vs Google ruling is reshaping gaming distribution economics

For more than a decade, the economics of mobile gaming followed a simple formula. Developers built games, attracted players, and then surrendered a major portion of every transaction to the platforms that controlled distribution. Apple’s App Store and Google’s Play Store became the primary gateways through which mobile games reached consumers. In exchange for access

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Business

Cardano’s bearish pressure persists amid weak derivatives and on-chain data

Cardano (ADA) continued its downward trajectory on Friday, trading below $0.165 and posting losses of more than 2% in the last 24 hours.  The cryptocurrency remains under pressure, as weakening derivatives activity and negative on-chain indicators suggest further downside in the near term. Bearish derivatives data reflect growing market caution Market sentiment surrounding Cardano remains

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Business

BNB dips below $600 as weak ETF demand and bearish derivatives pressure mount

BNB (formerly Binance Coin) continued its downward trend on Friday, trading below $575 and posting losses of nearly 4% over the week.  The token remains under pressure as weak institutional participation, rising short positioning, and declining futures activity reinforce a bearish short-term outlook.  Technically, BNB is now approaching a key support zone near $570, with

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Business

US dollar extends rally as geopolitical tensions weigh on markets

The US Dollar strengthened further on Friday, building on its weekly gains against major currencies as investors remained cautious amid growing geopolitical uncertainty in the Middle East. With US financial markets closed for the Juneteenth holiday and limited economic data on the calendar, market participants focused on developments surrounding US-Iran relations and comments from central

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Business

Gold price jumps after brutal selloff, but this rebound has a catch

Gold rose on Thursday as traders moved back into bullion after a sharp sell-off, helped by weaker oil prices and a calmer inflation backdrop following the release of a US-Iran interim agreement. Spot prices climbed more than 1%, reversing part of Wednesday’s decline, as crude fell on hopes that energy flows through the Strait of

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Business

Dollar strength persists on rate hike expectations, yen retreats

The US dollar remained close to a more than two-month high on Thursday as markets continued to price in the possibility of further monetary tightening from the Federal Reserve, despite an interim agreement between the United States and Iran that eased some geopolitical concerns. The Federal Reserve kept interest rates unchanged within a 3.50%-3.75% range.

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Business

Silver price rebounds near $69, but the chart still has a warning sign

Silver rose in Asian trade on Thursday, but the move looked more like a cautious recovery than the start of a clean breakout. XAG/USD traded near $69.15 an ounce as lower oil prices eased inflation concerns following the US-Iran interim agreement. The metal drew support from the broader precious-metals rebound, with gold also recovering after

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Business

Solana rallies over 8%, but charts point to resistance ahead

Solana is up 8.7% over the past 7 days, supported by a series of bullish catalysts, before the rally came to a halt. According to market data, SOL rose from around $65 earlier in the week to nearly $75 before giving back part of those gains, with the token trading near $71 on Thursday as

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Business

Copper price slides as Warsh’s hawkish Fed debut rattles metals market

Copper prices slid as markets reacted to the debut of Kevin Warsh as US Federal Reserve Chair, with his hawkish stance on inflation unsettling investors and sparking a selloff across commodities.  The decline underscored how sensitive copper remains to monetary policy signals, particularly when they point to tighter financial conditions. At the time of writing,

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Business

Citi revises Fed rate-cut expectations following hawkish policy signals

Citigroup has revised its expectations for US Federal Reserve interest rate cuts, pushing back its projected timeline by one month as policymakers adopt a more hawkish stance and inflation concerns persist. The Wall Street firm now expects the Federal Reserve to cut interest rates in October and December 2026, followed by another reduction in January

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