Author: Anthony M. Orbison
A leading crypto analyst, EGRAG, disclosed timelines for the XRP to set new heights above the $5 target and likely double-digit price at $27. The XRP has emerged as a winner in the recent bull cycle, with widely followed market analysts optimistic the sky is the limit for this altcoin. EGRAG leverages pointers captured in his Bifrost Bridge analysis to present how long will the XRP holders wait till the crypto asset claims new heights. The analysis by EGRAG emerges after the XRP’s latest performance that saw the crypto asset surge 280% from $0.51309 to $1.90 in November per…
Stay informed with free updatesSimply sign up to the UK employment myFT Digest — delivered directly to your inbox.UK companies are cutting employee numbers at the fastest rate since the pandemic, according to a closely watched survey that highlights the impact of Rachel Reeves’ tax-raising Budget.Private sector employment in December fell by more than during any month since January 2021, according to the S&P Global flash UK purchasing managers’ employment index. The index fell to 45.8, down from 48.9 in November. It was below the key 50 mark for the third consecutive month and the lowest since 2009 if the…
By Tom Hals and Max A. Cherney WILMINGTON, Delaware (Reuters) – The trial in a legal battle between Arm and Qualcomm (NASDAQ:) that could disrupt a wave of artificial intelligence PCs is set to begin on Monday in a Delaware courtroom. A more than two-year fight has pitted Arm, which licenses fundamental technology used to design chips, against Qualcomm, one of its largest customers and a leading designer of mobile processors. The jury trial is expected to begin on Monday with opening arguments and run through Friday. Each side has been granted about 11 hours to make their case. The…
Bitcoin’s (BTC) climb to a new all-time high seems to have triggered another bullish outbreak. Pepe (PEPE), one of the fastest growing memecoins, has surged 4.2% in the daily charts, 14.4% in the weekly charts, and 8.4% over the previous month. The memecoin’s price has also risen by an astounding 1625.4% since December 2023. Despite the rally, the memecoin’s price has faced an 8.8% correction over the last week.Source: CoinGeckoAlso Read: Dogecoin: Can DOGE Hit $0.90 After Bitcoin’s New Peak?Pepe Trader Makes $52 Million With Just $27Source: CoinGapeAccording to crypto analysis firm LookOnChain, a Pepe whale that was dormant for…
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Check back for updates throughout the trading dayU.S. equity futures nudged higher in early Monday trading, while Treasury yields and the dollar steadied, as investors enter the final full trading week of the year on a cautious note with eyes on Wednesday’s Federal Reserve rate decision.Stocks ended modestly lower on Friday, with the S&P 500 drifting into a weekly loss and the Nasdaq retreating back below the 20,000 point mark amid a notable surge higher in Treasury bond yields tied to concern over President-elect Donald Trump’s economic agenda.Benchmark 10-year Treasury note yields, which move in the opposite direction of prices,…
A veteran crypto trader says that one digital assets sector is about to pull off an under-the-radar repeat of its 2021 rallies. The pseudonymous trader known as Bluntz tells his 304,000 followers on the social media platform X that the decentralized finance (DeFi) sector is “de-risked” following news that the crypto project linked to President-elect Donald Trump has accumulated tokens. Says Bluntz, “The president is accumulating DeFi coins and is making his own DeFi company. I think it’s safe to assume DeFi is now de-risked and due for a 2021 repeat.” Crypto intelligence platform Arkham recently reported that Trump’s World…
Don’t get me wrong — I love the S&P 500. It’s a curated stock market index comprised of around 500 of the biggest, most profitable U.S.-based businesses. With that in mind, there are always great long-term investment opportunities to be found in this pool. That said, 500 companies is just a drop in the ocean when it comes to the stock market. There are quite literally thousands and thousands of stocks to choose from. And many outside of the S&P 500 provide life-changing gains. So, in this article, why not broaden our focus? The Russell 2000 is another stock market…
Investing.com – India stocks were lower after the close on Monday, as losses in the , and sectors led shares lower. At the close in NSE, the declined 0.48%, while the index declined 0.53%. The best performers of the session on the were Dr Reddy’s Laboratories Ltd (NS:), which rose 1.89% or 23.60 points to trade at 1,269.95 at the close. Meanwhile, IndusInd Bank Ltd. (NS:) added 1.29% or 12.70 points to end at 999.35 and HDFC Life Insurance Company Ltd (NS:) was up 0.38% or 2.40 points to 634.95 in late trade. The worst performers of the session were…
The founder of TRON, Justin Sun, has applied to withdraw 52,905 ETH, worth $209 million, from Lido Finance. This could affect Ethereum’s prices, says historical data. The withdrawal has been part of a larger Ethereum (ETH) accumulation strategy under which Sun allegedly purchased 392,474 ETH at an average price of $3,027, now showing an estimated profit of $349 million. This is not the first time that Sun has withdrawn large chunks of ETH. On Oct 4, 2023, Sun withdrew unstaked 80,253 ETH, coming around $131 million from Lido, and moved it to Binance within four days, around mid-October. Soon after,…