French stocks were modestly higher on Tuesday in thin shortened pre-Christmas trade. Most European markets will remain shut on Wednesday and Thursday for the Christmas holiday. Traders were reacting to the latest GDP reports from the U.K. and Spain as well as comments from Chinas finance ministry that it will increase public spending in 2025...
U.K. stocks were moving higher on Tuesday in thin-shortened trading session for Christmas Eve. Markets will remain shut on Wednesday and Thursday for the Christmas holiday. The benchmark FTSE 100 was up 24 points, or 0.3 percent, at 8,127 after edging up by 0.2 percent on Monday. Energy stocks tracked oil prices higher, with BP...
European stocks edged higher in cautious trade on Tuesday ahead of Christmas break. The German DAX is not trading today while the FTSE 100 and CAC 40 will close early for Christmas Eve. Markets in the U.K., Germany, Spain and France will remain shut on Wednesday and Thursday for the Christmas holiday. The pan European...
The South Korea stock market has finished lower in two straight sessions, sinking more than 80 points or 3.2 percent along the way. The KOSPI now rests just above the 2,400-point plateau although its due for support on Monday. The global forecast for the Asian markets is cautiously optimistic on an improved outlook for interest...
CryptoQuant analysts attribute the spike in Binance’s stablecoin reserves to institutional investors transferring significant capital in anticipation of favorable market conditions.Binance appears to be bolstering its reserves to support heightened demand for trading pairs and large-scale transactions. New statistics from CryptoQuant have shown that Binance’s stablecoin reserves have jumped to more than $31.3 billion, an...
The European Union’s Markets in Crypto-Assets Regulation has introduced a comprehensive framework to oversee the security of the cryptocurrency sector. Bitcoin miners can now continue securing the network without additional reporting requirements, which could have complicated their business models. The European Securities and Markets Authority (ESMA) has relieved Bitcoin (BTC) miners and Proof-of-Stake (PoS) validators from...
Méliuz’s move to allocate 10% of its cash reserves in Bitcoin mirrors the institutional trend set by firms like MicroStrategy.This decision may accelerate corporate Bitcoin adoption in Brazil, positioning digital assets as a strategic financial reserve. Brazilian fintech unicorn Méliuz has made a bold move by allocating 10% of its cash reserves to Bitcoin, reflecting...
US President Donald Trump has signed an executive order for the strategic Bitcoin reserve establishment. The reserve would only make use of Bitcoin held by the Treasury, which data estimates to be worth around $17 billion. In a recent update, we disclosed the inclusion of five major crypto assets – Bitcoin (BTC), Ethereum (ETH), XRP, Solana...
Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve, a move that could spark a global race to accumulate the world’s leading cryptocurrency.Notably, the reserve will be funded entirely by Bitcoin seized in criminal and civil asset forfeiture proceedings, ensuring that its establishment incurs no cost to taxpayers. President Donald Trump has...
The U.S. government could have gained an additional $17 billion if it had held onto its seized Bitcoin instead of selling early.A newly established U.S. Bitcoin reserve under Trump’s administration signals a shift towards recognizing BTC as a strategic financial asset. Over the past decade, the U.S. federal government has liquidated approximately 195,000 Bitcoin (BTC)...