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Cardano Memecoin SNEK Hits New All-Time High, Will It Attract Investors?

Today, Snek (SNEK) recorded a new all-time high of $0.001188. SNEK’s price had soared by 45% in the last 24 hours. Cardano-based meme coin SNEK has garnered a lot of attention from the crypto community, which has helped SNEK coin reach its peak.  SNEK emerged in the cryptocurrency marketplace on May 15 and has since … Read more

Chinese yuan hits 6-month low on weak PBOC fix, Asia FX mixed

Investing.com — Most Asian currencies were a mixed bag on Tuesday as optimism over a U.S. debt ceiling deal was largely countered by fears of a more hawkish Federal Reserve, while the Chinese yuan hit a new six-month low after a much weaker daily fixing. The yuan sank 0.4% to 7.0907 against the dollar, reaching … Read more

Asia FX muted as dollar hits 2-month high ahead of Powell speech

Investing.com — Most Asian currencies moved in a flat-to-low range on Friday, coming under pressure from a stronger dollar following several hawkish cues from Federal Reserve officials this week, with focus now turning to an upcoming address by Chair Jerome Powell. Concerns over a slowing post-COVID economic rebound in China also kept sentiment towards Asia … Read more

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