The Canadian market ended notably on Monday, after staying weak right through the day\'s session due to sustained selling in energy stocks. The mood was cautious with investors awaiting the Bank of Canada\'s interest rate decision later this week. The Europen Central Bank, scheduled to announce its policy on Thursday, is expected to cut interest...
Ahead of Monday\'s holiday for Queen Suthida\'s birthday, the Thai stock market had turned lower again - one day after snapping the two-day slide in which it had stumbled more than 15 points or 1.1 percent. The Stock Exchange of Thailand now sits just above the 1,345-point plateau although it\'s likely to bounce higher again...
In an exclusive interview with Cryptonews Podcast, Josh Fraser, co-founder of Origin Protocol, an Ethereum-powered platform that develops Web3 technologies, discussed liquid staking and earning better yields “everywhere.” He talked about Origin Protocol going multi-chain to Arbitrum, Base, and Optimism, as well as creating a Liquid Staking Token (LST) that users can get in and...
Bitcoin’s exchange balances have dropped to their lowest level since March 2018, falling below 2.3 million BTC. This significant decline, driven by major outflows from Binance and Coinbase, suggests a shift towards long-term holding strategies. As large holders, or “whales,” transfer their assets to private wallets, the trend indicates anticipation of future price increases. This...
Qatar Central Bank (QCB) has successfully completed the development of its central bank digital currency (CBDC) infrastructure. Per a Sunday announcement, the national bank is pushing the CBDC for testing large payment settlements using latest advanced technologies. It is planning to collaborate with local and international banks for the testing and development. “QCB is evaluating...
El Salvador’s crypto-friendly President Nayib Bukele, 42, is set to govern for another five years taking near-total control of parliament. President Bukele took the oath of office at the National Palace in San Salvador this weekend. During the ceremony, he received the presidential blue and white sash from Ernesto Castro, the President of the Legislative...
Indian shares are seen opening flat to slightly higher on Tuesday as investors await results of the country\'s general election. Vote counting begins at 8 am and a clear trend should emerge by noon. A summary of exit polls project the NDA could win between 355 and 380 seats in the 543-member lower house of...
Claudia Sheinbaum, former mayor of Mexico City, has been elected as the first female president of Mexico. She is anticipated to maintain the current administration’s approach to crypto regulation. This election is expected to continue Mexico’s current crypto policies, as Sheinbaum is a member of the ruling Morena party and aligns with the policies of...
Veteran trader Peter Brandt predicts Bitcoin’s next bull market peak could reach $150,000 by late August or early September 2025. According to an analysis published on the Brandt’s website, the Bitcoin halving events, where the mining rewards are halved from the previous cycle, have shown a remarkable pattern of almost perfect symmetry within past bull...
Indian shares traded lower on Tuesday after witnessing a strong rally in the previous session on the back of robust GDP data and encouraging exit poll results projecting the NDA could win between 355 and 380 seats in the 543-member lower house of parliament. The benchmark S&P BSE Sensex was down 2,066 points, or 2.7...