Industry Intelligence
Live coverage of Forex, CFD, and Fintech B2B — auto-curated from 100+ sources, refreshed every 2 hours.
This article discusses the increasing popularity of Forex trading in Indonesia and the importance of choosing a regulated broker. It provides a guide to the best Forex brokers in Indonesia, outlining their features, strengths, and weaknesses to help traders make informed decisions. The content highlights a specific broker, FxPro.
FXStreetFXStreet has published a list of the five best Forex brokers for 2026, including Pepperstone, PrimeXBT, XM Group, OQtima, and FxPro. The article highlights the importance of choosing a broker based on robust trading platforms, competitive spreads, and reliable customer service. Top brokers are noted for offering user-friendly platforms, innovative tools, and educational resources.
FXStreetThe article evaluates various prop trading firms, including Hola Prime, FundedFast, and Funded FXC, to help independent traders find suitable partners for maximizing their earning potential. Prop trading offers access to substantial capital and supervised risk management but also involves strict evaluation tests and performance requirements. Key criteria for selecting a prop firm include the challenge terms, initial fees, profit-sharing, and payout reliability.
FXStreetThis article from FXStreet identifies top forex brokers operating in the Middle East and North Africa (MENA) region, highlighting the area's growing importance in the financial markets. It explains that the UAE is a leading hub due to its strong regulations and attractive environment for traders. Many brokers in the MENA region offer Islamic Forex accounts, which are compliant with Sharia law by eliminating swap fees, making the region appealing for ethical trading options.
FXStreetThe SUI token price is experiencing a continued decline for the fourth consecutive day, nearing $0.7000. Despite this, on-chain data shows the network's Total Value Locked (TVL) has stabilized around 600 million SUI, indicating underlying strength. However, derivatives traders are bearish, with Open Interest rising and funding rates turning negative, suggesting a potential for further price drops.
The crypto market has dropped by 1.8% in the last 24 hours to $2.16 trillion, continuing its downward trend. Bitcoin has broken out of its upward channel, trading below $63K, and Ethereum has failed to reclaim its long-term support line.
Bitcoin (BTC) is poised to end the week in negative territory due to persistent institutional selling and a sixth consecutive week of outflows from spot Exchange Traded Funds (ETFs). Concerns about the US-Iran peace deal fading and a hawkish Federal Reserve (Fed) are also contributing to dampened risk sentiment, pushing Bitcoin below $63,000. Traders are advised to be cautious, as geopolitical tensions and negative macroeconomic news could further depress BTC's price.
Bitcoin is struggling to stabilize above $60,000 after the June FOMC meeting, with its bearish structure remaining intact. The Federal Reserve's decision to hold rates and its updated projections suggest less likelihood of the easier financial conditions that typically benefit cryptocurrency. This macro environment, coupled with Bitcoin's underperformance compared to US equities, reinforces a bearish outlook with a potential selling event around the $64,000 mark.
The cryptocurrency market is experiencing a significant downturn, with major assets like Bitcoin, Ethereum, and XRP weakening further due to persistent capital outflows. This decline is largely influenced by the Federal Reserve's hawkish stance and the increasing likelihood of a rate hike, which has led to a deteriorating risk sentiment among investors. The Fear & Greed Index remains in 'Extreme Fear' territory, reflecting a lack of investor confidence in the crypto market's recovery.
The article discusses Hyperliquid's (HYPE) recent price surge of nearly 200% since the beginning of the year, reaching $70 after a slight pullback from an all-time high near $80. However, the rally is considered overextended, with concerns about waning market interest and declining user activity. A decrease in active users and futures Open Interest suggests a potential for profit-taking and accelerated downside pressure on HYPE.
XRP is experiencing significant bearish pressure, with its price nearing $1.00 despite some ETF inflows. This decline is attributed to macroeconomic pressures, diminished engagement in derivatives and institutional digital asset products, and a general increase in risk aversion within the crypto market. The Crypto Fear & Greed Index reflects extreme fear, and open interest in XRP futures has decreased, indicating traders are closing positions rather than opening new ones.
According to a CryptoQuant report, Bitcoin's selling pressure is weakening, suggesting it may be near the end of its current correction. The report notes that realized losses are significantly lower than early in the year, indicating many panic sellers have already left the market. Onchain data also points to fading capitulation pressure, though some selling remains.
