U.K. stocks were moving lower on Wednesday as caution crept in ahead of key U.S. inflation data, due later in the day. The CPI report along with the release of producer price inflation figures on Thursday might impact the outlook for U.S. interest rates. The benchmark FTSE 100 dropped 0.2 percent to 8,266 after declining...
European stocks were little changed on Wednesday, after having snapped an eight-session losing streak the previous day as weaker-than-expected Chinese trade data signaled growing trade challenges. A cautious undertone prevailed as traders awaited key U.S. CPI data due later in the day that could influence the Federal Reserves interest -rate decision next week. Market participants...
Indian shares fluctuated in a narrow range before finishing marginally higher on Wednesday. A cautious undertone prevailed as traders closely monitored escalating violence in Syria and awaited key U.S. inflation readings this week that could influence the Feds rate trajectory. The benchmark S&P/BSE Sensex ended the session up 16.09 points, or 0.02 percent, at 81,526.14...
The latest report establishes that XRPL, Xahau, and Flare could be partnering for a decentralized bridge following years of deliberations. Axelar’s co-founder has also reported that $134 billion of XRP would soon be able to get yield everywhere through Axelar. According to the latest report, XRP Ledger (XRPL), Xahau, and Flare could be in line for...
The US CFTC will conduct a pilot test to determine crypto integration in mainstream finance.Ripple Labs will play a key role amid growing ties with the pro-crypto Trump administration. The US Commodity Futures Trading Commission (CFTC) plans to launch a pilot program to assess the use of digital assets as collateral in financial markets. Scott...
$CAR memecoin surged to $530M market cap but faced deepfake detection and domain registration issues, raising legitimacy concerns. Despite early volatility, $CAR memecoin shows strong investor interest with over $545M in transactions, but its future remains uncertain. The Central African Republic (CAR), under the leadership of President Faustion-Archange Touadéra, has launched a memecoin named $CAR, aiming...
Major Bitcoin miners like MARA and RIOT are hoarding BTC, likely preparing for future profitability and network competition.Petrobras, a Brazilian oil giant, is exploring Bitcoin mining and blockchain applications, signaling energy firms’ growing interest in crypto. In the Bitcoin space, one trend is becoming increasingly clear: big miners are hoarding an incredible amount of BTC....
The University of Austin adds Bitcoin to its endowment, partnering with Unchained for education and long-term investment.UATX embraces Bitcoin, reflecting academia’s shift from observing to actively participating in digital asset research and investment. The University of Austin (UATX) has revealed plans to add Bitcoin to its endowment. This is not only a little trial; it...
Bitcoin and crypto markets may face volatility due to key economic events like U.S. inflation data, PPI reports, and Federal Reserve speeches.Strong economic data could delay rate cuts and boost the dollar, while weak data may lower expectations and impact crypto prices. Significant economic indicators will define an essential week ahead for the cryptocurrency market....
Coinbase CEO Brian Armstrong says that Bitcoin adoption will hit billions of users by the end of the decade if it maintains the same adoption curve.Experts have revealed that crypto adoption is surging 43% faster than mobile phones and 20% faster than the internet, and recent events like Trump’s elections could turbocharge its rise. Bitcoin...