Image Source: PixabayD8X, a cryptocurrency decentralized exchange (DEX) for derivatives has launched on Polygon’s zkEVM in a bid to provide an institutional-grade platform for investors in decentralized finance (DeFi). In a recent press release, the company announced its launch on Polygon’s zkEVM, rolling out plans, use cases to institutional clients, on-chain solutions, and multiple stablecoin...
By Lewis Jackson and Sameer Manekar (Reuters) -Australia\'s top oil and gas explorer Woodside (OTC:WOPEY) Energy posted a 37% drop in annual underlying profit on Tuesday, as subdued oil and gas prices offset higher sales and production. Less than three weeks since Woodside ended merger talks with smaller local player Santos amid major differences on...
The Bitcoin (BTC) price tumbled more than 5% on Tuesday to below $60,000 following a disappointing first day of spot Bitcoin ETF trade in Hong Kong. This was accompanied by fresh US economic data that pointed to sticky inflation and strengthened the argument that the Fed should wait before cutting interest rates. Having pushed nearly...
On Tuesday, Guggenheim initiated coverage on TaskUs, Inc stock(NASDAQ:TASK) with a Neutral rating and a price target set at $13.00. The firm\'s analysis suggests that while TaskUs is positioned to return to year-over-year revenue growth, the current risk and reward dynamics are evenly balanced. The new coverage reflects an evaluation of TaskUs\'s potential to generate...
JAKARTA - PT Hexa Prima Nusantara (HPN) has become an indirect controller over PT Lini Imaji Kreasi Ekosistem Tbk (FUTR) after acquiring 99.99% of PT Digital Futura Global (DFG) from PT Investasi Gemilang Maju (IGM). Martha Rebecca, President Director of FUTR, mentioned that DFG is the controlling shareholder of FUTR, owning 3.27 billion or 51.22%...
The Canadian market ended weak on Monday, losing for a third straight day, as uncertainty about the outlook for U.S. interest rates, and lower metal prices weighed on sentiment. The benchmark S&P/TSX Composite Index, which fell to 21,466.60 in the first hour, losing more than 160 points, recovered gradually and finally ended the day\'s session...
German stocks traded sharply lower on Tuesday as investors fretted about higher interest rates and waited for Israel\'s response to Iran\'s unprecedented attack. Meanwhile, Germany\'s wholesale prices continued to decline in March, and at a steady pace, data from Destatis showed earlier today. Wholesale prices dropped 3.0 percent on a yearly basis, the same as...
Crypto exchange leader Binance announced on February 19 that it will discontinue support for leveraged trading of six tokens and subscription services. According to an X post, these include BTCUP, BTCDOWN, ETHUP, ETHDOWN, BNBUP, and BNBDOWN paired with the USDT stablecoin. Six Leveraged Trading Tokens Affected Giving a timeframe for the discontinuance, the world’s largest...
Bitcoin whales have accumulated 670,000 BTC, marking an all-time high, signaling potential long-term optimism for the market.Whale accumulation phases typically precede major price movements, with past trends showing similar behavior before bull rallies. According to CryptoQuant, those who own large quantities of Bitcoin—that is, Bitcoin whales—are building BTC at unheard-of rates. Their present possession marks...
The manufacturing sector in South Korea continued to expand in June, and at a faster pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 52.0. That\'s up from 51.6 in May, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction. June survey...