U.S. Economy Awaits Fed Decision As Inflation Data Takes Focus
Investors are closely watching the US economy and markets as the Federal Reserve gears up for its final meeting of the year. The focus remains on inflation, jobs, and a tech-driven stock market rally. Here’s what to expect in the coming days.
Inflation and Rate Cuts Drive Market Speculation
Inflation data is at the center of the Federal Reserve’s decision-making process. Two key reports, the Consumer Price Index (CPI) and Producer Price Index (PPI), will be released this week. These figures wi
FSOC Sounds the Alarm on Stablecoins and Stability
The Financial Services Oversight Council (FSOC) has some big concerns about stablecoins. These digital assets, designed to hold steady value, are under the microscope. The FSOC thinks they could mess with financial stability. And here’s why.
Stablecoins Need Better Risk Management
Stablecoins are in trouble, says the FSOC. They lack proper risk management. Without clear rules, they can face “runs.” A run happens when people panic and withdraw their money all at once. This could leave the stabl
US Jobs Rebound Signals Likely FED Rate Cut This December
The Federal Reserve, or FED, is back in the spotlight as it gears up for a critical December decision. With US jobs data surprising analysts yet again, there’s plenty of chatter about rate cuts. November brought 227,000 new jobs, outpacing expectations, but unemployment also edged up to 4.2%. So, what does all this mean for Powell’s next move? Let’s dive in.
Strong Jobs Data Keeps the FED on Its Toes
November’s jobs report gave the FED plenty to think about. On one hand, the labor market looks
NFT marketplaces have become the epicenter of the digital art revolution, blending creativity and technology like never before. These platforms are more than just trading hubs; they’re vibrant ecosystems where creators, collectors, and traders thrive. In 2024, the best NFT marketplaces offer seamless experiences for buying, selling, and trading NFTs, empowering everyone from budding artists to savvy investors.
Why dive into an NFT marketplace? For one, they make owning NFT art accessible, enabl
Bitcoin Takes a Dip Amid Market Shifts and Policy Buzz
Bitcoin continues its rollercoaster ride! The crypto giant dipped hard for a short time on Thursday, wiping out massive long positions and leaving traders reeling. Meanwhile, Donald Trump’s big plans for crypto policy have everyone buzzing. Let’s break it all down.
Bitcoin Dips Below $93K
Bitcoin didn’t just stumble; it tumbled. Within minutes, the price dropped from $98,338 to $92,957. It was fast, brutal, and expensive. Over $300 million in long positions vanished, leaving traders stunned. T
Tesla Stock Surges As Giga Austin and Optimus Impress BofA
Tesla stocks are buzzing again, and for good reason. The electric vehicle (EV) giant has investors smiling, thanks to new insights from Bank of America (BofA) and its visit to Tesla’s Giga Austin factory. Let’s break down why everyone’s talking about Tesla, Elon Musk, and the ambitious plans for Optimus, Cybertruck, and Model Y.
Tesla shines brighter with new price targets
Tesla fans got good news when BofA’s John Murphy raised Tesla’s stock price target to $400. Why the bump? A visit to Giga
Bitcoin has done it again! The cryptocurrency hit an all-time high of $100,000, smashing records and turning heads. It’s been a wild ride this year with BTC rallying 126% since January. The buzz around Bitcoin ETFs and the April halving played a big role in this epic surge. And let’s not forget Donald Trump’s win, which has brought a pro-crypto cabinet to Washington. This is a huge moment for Bitcoin fans. BTC even peaked at $104,000 just hours after crossing the $100K mark. Everyone’s talking a
Trump Names Paul Atkins As SEC Chair, Replacing Gary Gensler
Donald Trump has made waves in the crypto world by nominating Paul Atkins as the next Chair of the US SEC. Crypto enthusiasts see this as a major win for the industry. Let’s dive into why this decision has people talking and what it means for digital assets.
SEC Gets a New Face
The SEC is getting a shake-up, and it’s a big one. Trump chose Paul Atkins to replace Gary Gensler as Chair of the SEC. Atkins, a known advocate for “common sense” regulations, has a reputation for being pro-crypto. Thi
Shiba Inu or PropiChain? Analysts Predict Which Altcoin Will Yield 20,000x Returns in 2025
The altcoin season is on the horizon, with top contenders like Shiba Inu (SHIB) and PropiChain (PCHAIN) vying to outperform one another and capture the spotlight.
While Shiba Inu, a meme coin that captured the hearts of many investors, continues to ride the waves of speculation and community support, PropiChain emerges as a serious contender with its innovative approach to real estate tokenization.
As analysts get into projections for 2025, the question looms large: which of these altcoins wil
The crypto world is buzzing with excitement. Virgin Voyages, founded by the visionary Richard Branson, has made waves as the first cruise line to accept Bitcoin payments. This bold move shows how the travel industry is warming up to digital currencies, offering passengers a modern way to book their adventures.
Bitcoin Makes Cruising Easier
Virgin Voyages now allows travelers to pay for their trips using Bitcoin. This includes the highly sought-after Annual Pass. For a cool $120,000 plus taxes,
Global Stock Markets Gain As Tech Rally Boosts Wall Street
Global stock markets gained momentum, with Asia and Europe leading the charge. Asian shares rose broadly, fueled by Wall Street’s recent tech-driven rally. Japan’s Nikkei 225 climbed 1.7%, supported by strong performances in technology stocks like Tokyo Electron. Meanwhile, Hong Kong’s Hang Seng and China’s Shanghai Composite saw modest gains, reflecting cautious optimism ahead of China’s upcoming economic planning conference.
In Europe, markets extended gains following positive sentiment from
U.S. Government Moves $1.9B Silk Road Bitcoin to Coinbase Prime
Big news shook the crypto world recently. The U.S. government just moved a staggering $1.9 billion worth of Bitcoin linked to the infamous Silk Road marketplace. These BTC transfers went straight to Coinbase Prime, raising eyebrows and sparking chatter across the community.
Silk Road Bitcoin Heads to Coinbase
Nearly 20,000 Bitcoin tied to Silk Road found a new home at Coinbase Prime. Blockchain detectives, including Arkham Intelligence, traced these funds back to the U.S. government. They had
XS Forex Review: Is It a Credible or Questionable Broker?
As increasingly more investors or enthusiasts with entrepreneur flair enter the forex trading realm, a common-sense question seems to be muttered by everyone. Is going with one of the world’s leading forex brokers the shortcut to engaging in trading safely, efficiently, enjoyably, and with the highest reward opportunities? All promise top-tier security features, low transaction costs, and lightning-fast deposits and withdrawals, among others. How can you ensure your activity is safe by all means
Global Economy: How to Make $1,000 a Day Through Cryptokeying
In the near future, the world will have only cryptocurrencies to meet the needs of the financial market. This article explores in detail what cloud mining is and how to make $1,000 a day through cloud mining.
What is cloud mining?
Cloud mining is a mechanism that uses rented cloud computing power to mine cryptocurrencies such as Bitcoin without installing and directly running hardware and related software. Cloud mining companies allow people to open accounts and participate in the cryptocurren
The world of trading is evolving, and PROP365 is at the forefront of this transformation. As a proprietary trading firm, PROP365 empowers traders by providing resources, platforms, and opportunities that cater to both seasoned professionals and ambitious beginners.
Understanding Prop Trading and PROP365’s Vision Proprietary trading (or “prop trading”) allows traders to use a firm’s capital to trade across financial markets, minimizing their personal risk while retaining a share of the profits.
Ethereum’s Transition to Proof-of-Stake: Assessing the Impact on Energy Consumption and Network S...
Ethereum, one of the leading blockchain networks, transitioned from a Proof-of-Work (PoW) consensus mechanism to Proof-of-Stake (PoS) with the implementation of “The Merge” in September 2022. This shift marked a significant milestone in the blockchain industry, aimed at addressing the environmental concerns and scalability issues associated with PoW systems. By replacing energy-intensive mining with a staking system, Ethereum’s PoS model incentivizes validators to secure the network using staked
WisdomTree just spiced up the crypto world with its latest move. The company filed an S-1 with the US SEC to launch an XRP ETF. Fans of XRP, this is big news! The ETF aims to track XRP’s price and give investors a simpler way to ride the crypto wave. WisdomTree’s filing shows confidence in XRP, especially as the market gears up for a potential pro-crypto regulatory environment. Ripple effects? XRP prices are surging, and investors are paying close attention.
ThinkMarkets Receives Two Prestigious Industry Awards
London, United Kingdom, December 2nd, 2024, FinanceWire
ThinkMarkets, a leading online trading provider, has further solidified its reputation as an industry innovator by receiving two prestigious awards from renowned publications.
Investors’ Chronicle Award
One of the UK’s top financial markets magazines, published by the Financial Times Group, recognised ThinkMarkets as a leading Spread Betting Provider. The magazine’s audience evaluated spread betting providers based on criteria such as
8 Best Staking Platforms to Invest and Make Passive Income in 2025
Staking in cryptocurrency is revolutionizing passive income for investors. As numerous platforms emerge with alluring rewards, choosing the right staking platform can make all the difference in your returns. This article explores the best eight staking platforms in 2024, covering their features and benefits as below mentioned.
OkayCoin
Binance
Kraken
Coinbase
Crypto.com
KuCoin
Bybit
Ledger Live
What is Staking?
Staking is the process of locking up cryptocurrency in a wallet to supp
Elon Musk Challenges OpenAI and Microsoft in Antitrust Court Battle
Elon Musk, one of the most prominent voices in technology, has taken legal action against OpenAI and Microsoft. This move brings fresh attention to the dynamics of the AI industry. Musk claims the two companies are creating unfair hurdles for competitors like his own startup, xAI. Let’s dive into the key points of this ongoing battle.
Elon Musk Raises Concerns About OpenAI’s Direction
Elon Musk has criticized OpenAI for moving away from its original nonprofit mission. When it started in 2015,