The Canadian market is languishing in negative territory on Monday with stocks from across several sectors reeling under selling pressure as investors look for directional clues. Trade war fears in the wake of U.S. President-elect Donald Trumps tariff threats, and persisting concerns about geopolitical tensions, and interest rate uncertainty appear to be weighing on sentiment....
European stocks closed lower on Monday amid thin volumes as investors largely stayed on the sidelines ahead of New Year holidays. Uncertainty about interest rates, and tariff war threats weighed on sentiment. Trading was a bit lackluster today, the last full trading day of 2024. Most of the markets will close early on Tuesday for...
The Switzerland market ended marginally up on Monday after a choppy session during which stocks moved in a very narrow range. Worries about Swiss growth outlook weighed on sentiment. Also, investors chose to remain on the sidelines ahead of New Year holidays. The Swiss market will be closed on Tuesday, and reopen on Friday. The...
The U.S. dollar climbed against its most major counterparts in the New York session on Monday, as U.S. stocks dropped in the final trading week of year. The pullback on Wall Street partly reflected continued weakness among technology stocks, which may be due to profit taking going into the end of the year. Treasury yields...
Shytoshi Kusama has been inactive on X, but the Shiba Inu team assures the community that he is still actively working behind the scenes and that progress continues.Meanwhile, SHIB has made strides with key developments on ShibaSwap to enhance functionality as well as continued updates on SHIB: The Metaverse. Shiba Inu’s ecosystem has been actively...
Ondo Finance and Mastercard team up to expand the limits of tokenization.Users can now access enhanced liquidity for tokenized assets and direct payment rails. Ondo Finance and Mastercard have forged a strategic partnership to delve deeper into Real-World Asset (RWA) tokenization. Specifically, Ondo is joining Mastercard’s Multi-Token Network (MTN) to make traditional assets, such as...
Real estate tokenization is expanding with a new mega project in Istanbul, Turkey.With Polygon a preferred chain for tokenizing assets, innovators benefit from low cost. Lumia and Polygon Labs, two notable players in the blockchain space, are set to transform the real estate industry via tokenization. Lumia CEO Kal Ali disclosed a collaboration with Polygon...
BBVA has launched a crypto-currency exchange service in Spain.The service will allow customers to buy, sell and manage bitcoin and ethereum via its app. Spanish bank BBVA has received the green light from the Spanish Financial Markets Regulatory Authority to enable its customers to carry out transactions on Bitcoin and Ether. This authorization will enable...
Deutsche Bank views Bitcoin as a digital gold and a strategic asset, emphasizing its scarcity, inflation resistance, and global transferability.The US is establishing a Strategic Bitcoin Reserve, signaling a shift in global financial standards and potential adoption by other nations. Bitcoin is back in the spotlight, this time because of a statement by Deutsche Bank...
Rumble strengthens its Bitcoin strategy by acquiring 188 BTC, reinforcing its commitment to digital assets as part of its financial strategy.Other companies, including Metaplanet and Semler Scientific, are also increasing Bitcoin holdings, showing growing institutional trust in cryptocurrency as a corporate asset. Rumble, a video sharing network that is commonly referred to as a YouTube...