European stocks closed higher on Wednesday, reacting positively to UK consumer price inflation data, and amid continued optimism about a sharp cut in U.S. interest rate in September. The pan European Stoxx 600 climbed 0.49%. The U.K.s FTSE 100 gained 0.56%, Germanys DAX ended 0.41% up, and Frances CAC 40 jumped 0.79%, while Switzerlands SMI...
JAKARTA – Although PT GTS Internasional Tbk’s (GTSI) revenue increased in H1 2024, its net profit significantly dropped by up to 150.32% year-on-year (yoy). This massive downturn resulted from increased cost of revenue and financial expenses. According to Financial Report of H1 2024 of GTSI quoted today (24/7), GTSI’s revenue was recorded at USD 15.27...
Bitfinex Derivatives, the derivatives platform of iFinex Financial Technologies Limited, is expanding its offerings with the launch of two new volatility-focused perpetual futures contracts. These contracts, the Bitcoin Implied Volatility Index (BVIVF0:USTF0) and the Ethereum Implied Volatility Index (EVIVF0:USTF0), aim to capture the market’s sentiment regarding future price movements for the two leading cryptocurrencies. Unlike...
As Bitcoin nudges $69,935, market watchers are keen on its next move, with predictions hinting at a potential rebound above $70,000. Amidst fluctuating trends, the crypto giant’s ability to breach the $70,000 resistance level is crucial. This scenario stirs speculation on whether it’s the opportune moment to buy the dip, especially with forecasts suggesting significant...
McDonald\'s Corp. announced Monday weak profit in its second quarter, below market estimates, hit mainly by higher charges and lower Systemwide sales and comparable sales. The fast food major\'s total revenues were nearly flat, but it grew about 1 percent in constant currencies. In pre-market activity on the NYSE, McDonald\'s shares were gaining around 0.6...
Anthony Scaramucci, the founder and managing partner of hedge fund SkyBridge, remains bullish on Bitcoin saying the cryptocurrency has room to run in an interview with CNBC. Scaramucci predicts Bitcoin price will reach $170,000 by the end of this cycle, citing factors like adoption adding spot Bitcoin exchange-traded funds playing a big role in Bitcoin’s...
Agiliti, Inc.\'s (NYSE:AGTI) Executive Vice President and General Counsel, Lee M. Neumann, has sold a total of 4,685 shares of the company\'s common stock, according to the latest SEC filing. The transaction, which took place on March 20, 2024, was executed at a price of $10.07 per share, resulting in a total sale amount of...
Gene Sperling, a former Ripple board member, has joined Kamala Harris’ 2024 presidential campaign team. According to a White House announcement and a report by AP, Sperling’s move comes after his role in managing Biden’s $1.9 trillion pandemic aid package and his work as a liaison during the auto strikes. Gene Sperling to Bring Crypto...
This year, Layer 2 scaling solutions have emerged as a focal point within the cryptocurrency industry. Vitalik Buterin, co-founder of Ethereum, highlighted in a recent blog post that the future hinges of Ethereum on Layer 2 advancements, likening it to “city-states” within the broader “kingdom” of Ethereum. In this context, Dgenct has leveraged Layer 2...
On Wednesday, Jefferies adjusted its outlook on International Game Technology (NYSE:IGT), reducing the stock\'s price target to $26.00 from the previous $30.00 while retaining a Hold rating on the shares. The adjustment followed IGT\'s trading activity, which saw a decline during Wednesday\'s session despite a reported 2% beat in Q4 adjusted EBITDA. The reduced price...