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Dow, S&P 500, Nasdaq poised to drop as inflation worries rise
US stock futures drifted lower on Wednesday ahead of fresh consumer inflation data, as investors weighed whether a Donald Trump White House would whip up price pressures. Dow Jones Industrial…
SOLCAT Debuts as the First Memecoin with a Live Pre-Launch Game on Solana
PRESS RELEASE. [Dubai / UAE] — In an exciting leap forward for memecoins, SOLCAT is set to make history as the first memecoin on Solana to debut with a fully…
Sam Bankman-Fried Movie in the Works Based on Michael Lewis’s FTX Book
Apple and A24 are in the early stages of developing a film adaptation of Michael Lewis’s book “Going Infinite: The Rise and Fall of a New Tycoon,” with Lena Dunham…
Futures slip as markets await inflation data for clues on Fed’s rate path
(Reuters) – U.S. stock index futures edged lower on Wednesday as an uptick in Treasury yields weighed on rate-sensitive equities ahead of crucial inflation data that will offer more signals…
Bitget Re-Launches UK Website, Expanding Access to Digital Assets for British Users
Bitget has officially re-launched its UK website in compliance with the Financial Conduct Authority’s (FCA) Financial Promotions Regime. With Archax’s approval, British Bitget users can now access a range of…
How Universities Can Leverage Blockchain to Revolutionize Academic Research
Blockchain has the potential to offer innovative solutions for some of the most pressing concerns in educational institutions. Universities can use blockchain to resolve challenges in administrative inefficiencies, data management…
1 AI Stock May Be Worth More Than Apple, Microsoft, Amazon, and Tesla Combined by 2030, According to a Wall Street Analyst
Beth Kindig, technology analyst at the I/O Fund, thinks Nvidia (NASDAQ: NVDA) will ride the artificial intelligence (AI) boom to a $10 trillion valuation by 2030. Should that forecast prove…
Deutsche Bank Acknowledges Crypto’s Leading Role in Ensuring BRICS’ Payment Capabilities
Deutsche Bank, one of the largest banking institutions in Europe and the world, has recently linked BRICS to a significant percentage of cross-border transactions. The bank states that the bloc…
BNP lays off a dozen China dealmakers amid fee plunge
HONG KONG (Reuters) – France’s BNP Paribas has cut a dozen jobs in mainland China and Hong Kong, a source with knowledge of the matter told Reuters, the latest among…
Genius Group Is Purchasing $120 Million Bitcoin to Make BTC Its Primary Treasury Asset
Genius Group to prioritize bitcoin as the primary asset for its treasury. Smart Bitcoin Investment for Genius Group Genius Group, an AI-powered education and acceleration group has decided to adopt…
Crypto Kidnapping: Tourist Held Captive, Forced to Transfer $250K in USDT
A 23-year-old Ukrainian tourist in Phuket, Thailand, was kidnapped and forced to transfer $250,000 in USDT stablecoins (about 8.56 million baht) to two armed robbers. Viacheslav Leibov was threatened with…
Bitcoin Rally Cools After Jump of About 30% Since Trump Victory
(Bloomberg) — A surge in Bitcoin has paused as traders assess the remaining market impact of President-elect Donald Trump’s rhetorical support for crypto. Most Read from Bloomberg The digital asset…
Market ‘Pricing In A Higher Fair Value’ After 30% Surge
Este artículo también está disponible en español. Bitcoin (BTC) has performed remarkably over the past week, surging 30% since the November 5 US election. The flagship crypto surpassed its March…
Rest of World’s Markets Broken By Trump’s America-First Plan
(Bloomberg) — Donald Trump’s election victory has catapulted US stocks to fresh records and pushed the dollar to a two-year high. It’s anything but good news for the rest of…
Russia-India Trade Nears 90% Dollar-Free — A Game-Changing Pivot
The use of national and alternative currencies in Russia-India trade has reached nearly 90%, according to Russian First Deputy Prime Minister Denis Manturov. Speaking at a Russian-Indian intergovernmental commission meeting,…
Coinbase Launches Regulated Crypto Benchmark — Who Can Invest?
Coinbase’s new cryptocurrency index introduces a regulated crypto benchmark, offering investors broad exposure and setting a new standard for transparency in the digital asset market. A New Crypto Benchmark Emerges…
China Begins to Market Its First Dollar Bonds in Three Years
(Bloomberg) — China is marketing dollar bonds in Saudi Arabia, marking the country’s first debt sale in the US currency since 2021. Most Read from Bloomberg It’s offering the three-year…
UBS Reveals When to Buy Gold Dips as Markets Signal Unseen Risks
UBS signals a prime buying range for gold on price dips, projecting steady growth and recommending a 5% allocation in balanced portfolios. UBS Sounds Alarm: What Keeps Gold’s Value Steady…
Ethereum’s Positive Funding Rates Push Price Near $4K—Are There Any Downsides?
Ethereum has recently climbed to a major high above $3,400, reigniting enthusiasm among market participants and signaling a potential upward trend that may lead to a push above $4,000 toward…
Stocks slide on unease over jump in bond yields as US inflation eyed
By Kevin Buckland TOKYO (Reuters) – Asian stocks slumped on Wednesday as a sharp rise in U.S. bond yields unnerved investors ahead of key inflation data that could inform the…
China says TSMC chip curbs undermine interests of Taiwan companies
HONG KONG (Reuters) – China’s Taiwan Affairs Office said on Wednesday that a U.S. order to Taiwan Semiconductor Manufacturing Co to halt shipments of advanced chips to some Chinese customers…
Spirit Nearing Bankruptcy Deal That Would Wipe Out Shareholders
(Bloomberg) — Spirit Airlines Inc. is closing in on a deal with creditors that would restructure its crushing debt load in bankruptcy court after discussions for a tie-up with rival…
Robert Kiyosaki Reveals Plan to Stop Buying Bitcoin — Here’s the BTC Price to Watch
Robert Kiyosaki shares the price level at which he will stop buying bitcoin, emphasizing discipline over greed as the market heats up. When to Stop Buying Bitcoin — Robert Kiyosaki…
Dollar Gains Before US CPI as Rate Bets Are Pared: Markets Wrap
(Bloomberg) — The dollar climbed for a fourth day and Asian stocks fell ahead of key inflation data that may further sap confidence in the pace of Federal Reserve interest-rate…