The Swiss franc strengthened against its major counterparts in the New York session on Monday. The franc touched 0.8848 against the greenback, setting a 4-day high. The franc rose to 0.9291 against the euro and 1.1131 against the pound, from its early 5-day lows of 0.9344 and 1.1225, respectively. The franc edged up to 174.06...
European stocks are likely to open lower on Tuesday after U.S. President-elect Donald Trump said on his Truth Social network that he would impose an additional 10 percent tariff on goods from China and 25 percent on all products from Mexico and Canada. This measure was to cut down migrants and illegal drugs flowing across...
UK shop prices dropped at a slower pace in November, signalling that shoppers are set to face rising price pressures, the British Retail Consortium revealed on Tuesday. The shop price index declined 0.6 percent on a yearly basis in November, slower than Octobers 0.8 percent decrease. Food price inflation softened to 1.8 percent from 1.9...
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Tuesday, after U.S. President-elect Donald Trump announced a 10 percent additional tariff on all Chinese goods and a 25 percent tariff on imports from Mexico and Canada, raising concerns over global trade...
South Korean authorities may suspend Upbit for up to six months over alleged KYC and anti-money laundering violations.Investigations into Upbit include monopolistic practices and a 2019 theft of 342,000 ETH linked to North Korean hackers. The South Korean authorities have issued a suspension notice against Upbit, the country’s largest crypto exchange, for suspected anti-money laundering...
Dogecoin (DOGE) has been tipped to hit $3 this cycle as whales holding between 10 million and 100 million DOGE make an additional acquisition of $140 million worth of DOGE in a week. An analyst has highlighted that DOGE could likely hit $3 this cycle; however, the asset could make a groundbreaking entry into the $30...
Bitcoin, XRP, and SOL ETFs are key catalysts in HashKey’s $10T market forecast, bridging traditional and crypto investments.Regulatory clarity and stablecoin adoption are crucial drivers of market expansion and financial stability in the crypto sector. HashKey’s bold prediction for the cryptocurrency market’s future envisions a $10 trillion valuation, with Bitcoin, XRP, and SOL exchange-traded funds...
Bitcoin surpassed $100K before stabilizing at $99,900, marking an 8% weekly gain, despite $50M liquidations and persistent market volatility.Analysts project Bitcoin reaching $145K-$249K by 2025, fueled by $520B in capital inflows and pro-crypto reforms boosting investor confidence. Bitcoin’s price recently surpassed $100K before stabilizing at $99,900, reflecting a 1.25% daily increase. After flirting the 100K...
Senator Lummis demands FDIC accountability for alleged document destruction tied to Operation Chokepoint 2.0, a move critical to regulatory transparency.The crypto industry adapts through stablecoins, showcasing resilience amid the banking restrictions imposed by Operation Chokepoint 2.0. The Federal Deposit Insurance Corporation (FDIC) faces scrutiny for allegations of document destruction related to Operation Chokepoint 2.0, as...
JAKARTA – PT Trimegah Bangun Persada Tbk (NCKL), commonly known as Harita Nickel, recorded a 17.8% year-on-year (yoy) revenue increase, reaching Rp20.4 trillion as of September 2024. This rise is seemingly attributed to the addition of a production line at NCKLs High-Pressure Acid Leach (HPAL) facility in August 2024. In fact, the nickel processing line...