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EUR/USD stays in daily range above 1.0800 after US PMI data

EUR/USD stays in daily range above 1.0800 after US PMI data

EUR/USD continues to fluctuate in its daily range above 1.0800 in the American session on Friday. The data from the US showed that ISM Manufacturing PMI declined more than expected in February, making it difficult for the US Dollar to gather strength.

EUR/USD News

GBP/USD holds above 1.2600 as USD struggles to gather strength

GBP/USD holds above 1.2600 as USD struggles to gather strength

GBP/USD staged a modest rebound after testing 1.2600 on Friday. Following the weaker-than-expected ISM Manufacturing PMI data from the US, the US Dollar struggles to preserve its strength and allows the pair pull away from session lows.

GBP/USD News

Ethereum Layer 2 transaction volume surges driven by system upgrades, increasing partnerships

Ethereum Layer 2 transaction volume surges driven by system upgrades, increasing partnerships

Ethereum Layer 2 chains have seen a spike in the total value of assets locked in the past thirty days. The upcoming Dencun upgrade includes EIP-4844, which is key to cost reduction for Layer 2 chains. 

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BLUR price holds up despite Blast users pulling over $1.4 billion in assets after mainnet launch

BLUR price holds up despite Blast users pulling over $1.4 billion in assets after mainnet launch

Blast, an Ethereum Layer 2 chain, launched its mainnet on February 29. Users that staked their cryptocurrencies on Blast were able to access the funds, move them to dApps within the Blast ecosystem or withdraw. 

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XRP price jumps to $0.62 while Ripple faces pressure from two legal battles

XRP price jumps to $0.62 while Ripple faces pressure from two legal battles

XRP price inched closer to its 2024 high, rallying past the $0.62 level on Thursday. The altcoin was hit by a correction, however, which pulled it back down to the $0.59s early Friday. 

More Ripple News