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Police Warn of Bitcoin Scam Threatening to Expose Private Information
Hillsborough and Campbell, California, residents have been alerted to a new email scam, according to local police departments. Scammers are sending emails containing personal details and photos of victims’ homes,…
Blockchain Sui to add support for native USDC
Sui will soon integrate native USDC and CCTP, boosting its blockchain’s liquidity and cross-chain transaction capabilities. Sui Network, a layer-1 blockchain, is set to integrate native USD Coin (USDC) and…
Goldman says gold may dip if Fed opts for quarter-point cut
(Bloomberg) — Gold (GC=F) may face a minor, near-term setback if the Federal Reserve opts for just a 25-basis-point cut this week, but the metal will subsequently rally to a…
Latam Insights Encore: Brazil Shows How States Should Keep an Eye on Crypto Usage for Nefarious Purposes
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we discuss how Brazil is becoming an…
Asian Stocks Fall With Fed, BOJ Decisions Ahead: Markets Wrap
(Bloomberg) — Japanese stocks led a regional gauge lower as traders look ahead to decisions from the Federal Reserve and the Bank of Japan this week. Most Read from Bloomberg…
Latam’s Giant Mercado Libre Announces Expansion of Its Stablecoin Project
Mercado Libre, Latin America’s e-commerce and financial services giant, has announced that it will expand its previously launched Meli Dólar, an in-house developed dollar-pegged stablecoin, to other countries. The token,…
UN Chief: Unregulated AI Threatens Democratic Systems
UN Secretary-General António Guterres warned that unregulated artificial intelligence (AI) poses a risk to democratic systems, exacerbating disinformation and gender inequality. He urged countries to establish AI governance guidelines and…
Is Ethereum Primed For Surge? Analyst Reveals Key Levels to Watch For A $8,100 Rally
Regardless of the Ethereum (ETH) price’s unappealing performance, the latest analysis from top crypto analysts in the space predicts that the asset might be on the verge of a parabolic…
Russian Central Bank Eyes Digital Currency to Overcome Cross-Border Payment Obstacles
Elvira Nabiullina, head of Russia’s central bank, has highlighted challenges in cross-border settlements, including payment issues and falling trade volumes. She emphasized the importance of finding new solutions, such as…
Watch These Intel Price Levels as Stock Surges After CEO Provides Business Update
Shares Surged Nearly 8% in Extended Trading on Monday Source: TradingView.com Key Takeaways Intel shares surged nearly 8% in extended trading on Monday, adding to big gains during regular trading,…
BRICS Payment Platforms Gain Momentum as US Dollar Alternatives, Says Russian Official
BRICS’ new payment platforms, which offer alternatives to the U.S. dollar and euro, are attracting global attention, according to Russian Foreign Minister Sergey Lavrov. These systems enable countries to conduct…
Morgan Stanley lays out the stock market’s best-case scenario for this week’s Fed decision — and 2 areas to buy after the cut
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on November 01, 2023 at the Federal Reserve in Washington, DC. The…
Microsoft Raises Its Dividend 10% and Announces $60B Stock Buyback Program
Joan Cros / NurPhoto / Getty Images Key Takeaways Microsoft on Monday announced a $60 billion stock buyback program and a 10% boost to its quarterly dividend. The moves come…
Peter Schiff: Fed Is About to Make Major Policy Mistake That Will Crush US Dollar, Reignite Inflation
Economist and gold advocate Peter Schiff has issued a strong warning that the Federal Reserve is on the verge of repeating its past policy errors. He explained that the Fed’s…
Get ready for stocks to embark on a weekslong rally after the Fed cuts rates, Fundstrat’s Tom Lee says
Stocks have a positive outlook for the next 12 months, Fundstrat’s Tom Lee said.JOHANNES EISELE/Getty Images Stocks are set to climb higher for at least the next few weeks, according…
Analyst Predicts Breakout for Layer-1 Altcoin, Says Alts May Be on Cusp of Something Special
A crypto strategist who nailed the pre-halving correction for Bitcoin (BTC) thinks that a layer-1 project is close to sparking breakout rallies. Pseudonymous analyst Rekt Capital tells his 499,300 followers…
UBS Expects Higher Gold Prices as US Dollar Weakens — ‘Gold’s Rally Has Further to Run’
Global investment bank UBS predicts continued pressure on the U.S. dollar and further gold price increases. “We expect the U.S. dollar to stay under pressure as yield differentials narrow,” UBS…
As Fed cuts loom, health of US economy could determine markets’ path
By Lewis Krauskopf, Prinz Magtulis, Pasit Kongkunakornkul and Vineet Sachdev NEW YORK (Reuters) – How stocks, bonds and the dollar perform after the Federal Reserve kicks off its rate-cutting cycle…
Microsoft Announces $60 Billion Buyback, Raises Dividend 10%
(Bloomberg) — Microsoft Corp. unveiled a new $60 billion stock-buyback program, matching its largest-ever repurchase authorization, and raised its quarterly dividend 10%. Most Read from Bloomberg The software company said…
Microstrategy Announces $700M Private Offering for Debt Buyback and Bitcoin Acquisition
On Monday, U.S.-based Microstrategy, the publicly traded business intelligence (BI) company, unveiled plans for a private offering of $700 million in convertible senior notes. The BI firm plans to raise…
61% Of Ethereum Holders Are Profitable But ETH Bulls Must Hold $2,290
Ethereum is wavy when writing as bulls struggle to build momentum and push the coin above the immediate resistance levels at around $2,400 and $2,800. Even so, most ETH holders…
Why AT&T Stock Was a Market-Beater Today
The broader stock market might not have had a thrilling Monday, but there was plenty of action and interest in AT&T (NYSE: T) shares. The telecom company was the subject…
Mark Cuban Asks Elon Musk He Can Directly Question Him About Kamala Harris’ Economic Policies, But Wants This In Exchange
Mark Cuban Asks Elon Musk He Can Directly Question Him About Kamala Harris’ Economic Policies, But Wants This In Exchange Billionaire investor Mark Cuban has extended an invitation to Tesla…
Intel to Make Custom AI Chip for Amazon, Delay German Plant
(Bloomberg) — Intel Corp. Chief Executive Officer Pat Gelsinger has landed Amazon.com Inc.’s AWS as a customer for the company’s manufacturing business, potentially bringing work to new plants under construction…