Turkeys central bank lowered its key policy rate on Thursday, signaling a start to the easing cycle, after maintaining the key interest rate at a high level since the summer of 2023 amid the elevated inflationary pressures. The Monetary Policy Committee of the Central Bank of the Republic of Turkey, or CBRT, headed by Governor...
The U.S. dollar climbed against its most major counterparts in the New York session on Thursday, as treasury yields rose amid uncertainty about the Federal Reserves interest rate path and U.S. President-elect Donald Trumps tariff threats. Markets focus on the likelihood of fewer rate cuts from the Fed. Trump administrations policies stoked concerns about inflation....
The U.S. dollar rose against its major counterparts in the New York session on Monday, after the passing of a crucial funding bill that helped avert a year-end government shutdown. The House and Senate passed stopgap spending legislation aimed to prevent a partial shutdown. The markets are scheduled to close earlier than usual for Christmas...
The Swiss market shrugged off a slightly weak start on Monday and kept moving higher as the session progressed and eventually closed on a strong note. The benchmark SMI, which edged down to 11,362.68 in early trades, closed up 103.36 points or 0.91% at 11,488.28, slightly off the days high of 11,497.71. The Swiss market...
Samantha Yap bridges blockchain and mainstream media, educating the public through YAP Cast and The Context.She believes blockchain adoption is inevitable and aims to enhance public understanding of its role in the financial system. Samantha Yap is not a new name in the cryptocurrency industry. From journalist to YAP Global founder, she has become well-known...
According to Attorney Fred Rispoli, Ripple may be required to pay the full $125 million fine as the SEC delays further decisions, awaiting new leadership.The lawsuit, which began in December 2020, stems from the SEC’s claim that Ripple conducted an unregistered securities offering. Legal experts say the protracted legal battle between Ripple Labs and the...
Sam Bankman-Fried, the Former FTX CEO, has been placed in solitary confinement for participating in an unauthorized interview with Tucker Carlson.Bankman-Fried is currently serving a 25-year prison sentence after a jury found him guilty in 2023 of an $11 billion fraud and money-laundering scheme. Sam Bankman-Fried, the founder of the now-defunct cryptocurrency exchange FTX, has...
Solana’s recent negative funding rates indicate bearish sentiment among traders, though a short squeeze or favorable news could trigger a price spike.A shift in institutional interest toward Solana could bolster confidence in the network, driving prices higher and supporting a return to the $180 level. Solana (SOL) price has encountered serious resistance at around $180...
Bitwise’s BTCG dynamically adjusts between bitcoin and gold according to market conditions. It offers investors both growth potential and stability.The launch of BTCG marks an important step in the integration of crypto-currencies into traditional financial markets. It makes bitcoin more accessible to European investors. After receiving SEC approval, Bitwise, as reported by CNF, has launched...
JAKARTA - Foreign investor CGS International Securities Singapore Pte Ltd boosted its stake in PT Astrindo Nusantara Infrastruktur Tbk (BIPI), an energy infrastructure business, by 147.23 million shares on Thursday, December 19. The investors share amount went up slightly from 16.15% to 16.38%. The same investor also made the decision to cut the number of...