The Pound Sterling (GBP) staged a relief rebound yesterday after the UK government released details of their own budget. There was initial relief amongst market participants that the Autumn Statement did not trigger a sell-off in the gilt market.
Business leaders say the UK Budget does not support growth.
The Euro hesitates near monthly lows, following a sharp reversal after the release of the UK Budget on Wednesday. The pair has found some support at 0.8745 earlier on the day, but is lacking acceptance above 0.8760, and looks likely to extend its reversal, aiming for the 0.8720 area.
Key PointsKrispy Kreme is losing a lot of money, negatively impacting its stock price.It's hard to operate a donut business, as evidenced by the company's $600 million in operating
What to Know: Most crypto wallets remain either centralized with failure points or overly technical, lacking mobile-friendly UX and meaningful user rewards or integrated benefits. Fragmented tooling
Key PointsShares of beverage giant PepsiCo have been dragged lower for reasons that aren’t apt to last much longer.Pipeline owner/operator Enterprise Products Partners owns a tollb
Key PointsRobinhood has been reporting spectacular financial results in this bull market.The company's model does well in a bull market, but it may not do as well if there's a corr
EUR/JPY retraces its recent gains registered in the previous session, trading around 181.00 during the European hours on Thursday. The currency cross is under pressure as the Japanese Yen (JPY) strengthens on renewed speculation of official intervention.
Key PointsSandisk has been granted admission to the S&P 500 Index, one of just 12 companies to make the grade so far in 2025.The company's NAND flash memory is experiencing strong
Oracle debt risk hit a three‑year high in November as hedging costs climbed and funding fears grew.
A prominent crypto trader has made a bold move back into Ethereum, stirring attention across digital markets. Reports have disclosed that the account known as “1011short” converted 10 million
Here is what you need to know on Thursday, November 27:
Pi Network partners with CiDi Games to expand real-world utility and integrate Pi across new Web3 gaming experiences.
The state of the crypto market currently encompasses two different opportunities. One such opportunity encompasses Solana (SOL), which is currently plummeting to critical levels not seen in several months. The other opportunity encompasses Mutuum Finance (MUTM), whose presale transactions are gaining momentum towards completing a full sale. The unfolding events features MUTM as one of […]
West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $58.35 per barrel, down from Wednesday’s close at $58.49.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $62.25 after its previous daily close at $62.43.
Kevin Hassett, head of the White House National Economic Council, has suddenly become the market ’s base case for the next Fed chair – and crypto investors are already gaming out what a “Hassett
Amina Bank, a Swiss crypto bank, has partnered with Deutsche Börse’s Crypto Finance Group to pilot a real-time fiat payment settlement trial among Swiss banks on GCUL.
South Korea’s biggest cryptocurrency exchange, Upbit, suffered a security breach early Thursday, according to its operator, Dunamu Inc., which confirmed over $30 million worth of Solana-based assets were siphoned from company wallets. In a statement written early Thursday, Dunamu CEO Oh Kyung-seok said the platform had detected unauthorized withdrawals before dawn. “A portion of Solana-affiliated […]
Tokenized money market funds have grown to nearly $9 billion, prompting a warning from the BIS.
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a negative note near 99.45 during the early European trading hours on Thursday.
Singapore is doubling down on tokenized finance through a series of pilots in which its pending stablecoin draft legislation will play a supporting role. The Monetary Authority of Singapore (MAS) is eager to build an institution-led digital finance ecosystem that distances itself from the volatility of the crypto market. It is preparing to issue tokenized […]
Bitcoin is sitting at a critical crossroads once again, hovering dangerously close to a liquidity pocket that could trigger deeper losses if bulls fail to respond. Momentum has slowed, volatility is
Bitcoin (BTC) price continues to trade in green above $91,500 at the time of writing on Thursday after rebounding from the key support level.
USD/CAD extends its losses for the third successive session, trading around 1.4030 during the Asian hours on Thursday. The daily chart’s technical setup reflects a persistent bullish bias, with the pair remaining within its ascending channel pattern.