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ASX set to slide, global markets fall on Middle East tensions; Oil rises
Rising geopolitical conflicts in the Middle East have unsettled investors worldwide, causing declines in major stock indexes while energy prices increased due to concerns about sup...
Read Full Article →Mid-cap and small-cap stocks decline as investors take profits amid stretched valuations
Following recent gains, investors reduced exposure to mid- and small-cap equities due to elevated price levels, prompting market pullbacks while some experts recommend acquiring st...
Read Full Article →Oil prices have jumped. Do you need to run to the petrol station?
Rising crude costs could lead to higher fuel expenses for consumers, potentially increasing the amount paid at gas stations despite the current stability in global oil supply.
Read Full Article →Meta tried to buy Ilya Sutskever's $32 billion AI startup, but is now planning to hire its CEO
Meta's efforts to strengthen its AI capabilities include recruiting key leaders from a major AI company valued at $32 billion after acquisition attempts did not materialize.
Read Full Article →Japan's core inflation hits highest level since January 2023, putting pressure on BOJ to raise rates
The increase in Japan's underlying inflation, surpassing economist predictions, may influence the Bank of Japan's decision-making regarding adjustments to interest rates amid chang...
Read Full Article →Polymarket gives US stablecoin bill 89% chance of becoming law
Polymarket’s prediction market assigns a high likelihood that the US stablecoin legislation will be enacted, reflecting investor confidence following recent Senate approval of the...
Read Full Article →Hyperliquid Token Hits 10-Day Low Following Recent Record High
The recent decrease in Hyperliquid Token's value may indicate market adjustment after substantial corporate purchases and reduced trading activity, reflecting shifting investor sen...
Read Full Article →UK consumer confidence up but fragile amid tariff and Middle East concerns
Despite a slight improvement in sentiment this June, British household financial outlook remains subdued due to ongoing inflationary pressures and geopolitical tensions affecting e...
Read Full Article →XBTO, Arab Bank Switzerland launch BTC yield product for institutional clients
The collaboration between XBTO and Arab Bank Switzerland highlights growing interest among financial institutions to offer cryptocurrency-based investment opportunities within thei...
Read Full Article →Adorable or just weird? How Labubu dolls conquered the world
The increasing global popularity of Labubu dolls has significantly boosted their manufacturer's earnings and is considered by some to enhance China's cultural influence internation...
Read Full Article →Jupiter halts governance voting to tackle burnout and refocus on innovation
By suspending governance voting and locking its Treasury, Jupiter temporarily limits the utility of its native token, potentially affecting investor engagement and the platform’s d...
Read Full Article →Bitcoin ‘weak hands’ sell 15K BTC at a loss: Are BTC lows under $100K next?
A substantial volume of Bitcoin was sold by short-term investors at prices below their purchase value, potentially indicating increased downward pressure on the cryptocurrency’s ma...
Read Full Article →OKB price breaks above $54 after 13% surge: relief rally or true trend reversal?
The recent sharp increase in OKB’s value signals renewed market interest, driven by significant buying activity and platform growth, prompting investors to reassess potential futur...
Read Full Article →Telegram Boss Pavel Durov Temporarily Permitted to Leave France: Report
Pavel Durov’s temporary permission to exit France may influence ongoing legal proceedings, potentially affecting Telegram’s operations and investor confidence amid regulatory scrut...
Read Full Article →Canada imposes tariffs on steel and aluminium to curb imports
Canada has introduced substantial tariffs on imported steel and aluminum from countries outside the United States to support domestic industries and preserve employment opportuniti...
Read Full Article →Prospective buyers left 'angry' in efforts to enter Sydney housing market
As interest rates decline and housing demand increases, Sydney’s escalating property values pose greater financial challenges for potential buyers seeking affordable entry into the...
Read Full Article →Circle approaches $50B valuation amid evolving regulatory landscape in the US
Circle’s market capitalization has risen significantly, reflecting increased investor confidence as its stock price more than quintupled, positioning the company near a $50 billion...
Read Full Article →The WA budget has a clear theme, and it's not cost-of-living relief
The recent budget prioritizes essential services and economic stability measures aimed at protecting Western Australia from international market fluctuations rather than focusing o...
Read Full Article →Musk’s X plans payments, investment features rollout for 2025 — Report
X is preparing to introduce new financial products next year, aiming to enhance user engagement and generate additional revenue streams through integrated payment and investment op...
Read Full Article →Live: ASX to drop at open, oil prices rise as Israel continues strikes on Iran
The Australian stock market is expected to decline at the start of trading amid a 3 percent increase in oil prices, influenced by escalating tensions between the US and Iran.
Read Full Article →Kraken Debuts Bitcoin Staking With BABY Token Rewards
Kraken has introduced a new option for earning rewards on staked Bitcoin, distributing payments in Babylon’s native $BABY token, which may impact user engagement and token value.
Read Full Article →Elon Musk’s X accelerates fintech pivot with plans for in-app payments and trading
X's introduction of embedded financial features signals a strategic move to diversify revenue streams by enabling users to conduct transactions and investments within its platform.
Read Full Article →Bitcoin doesn’t budge on Israel-Iran war, for now: NoOnes CEO
Despite escalating geopolitical conflicts between Israel and Iran, cryptocurrency values have remained stable up to this point, though future developments may potentially impact ma...
Read Full Article →Dividend-paying conglomerates with break-up potential that may reward investors
Companies composed of diverse businesses sometimes experience increased market value when they separate their units, potentially benefiting shareholders through improved financial...
Read Full Article →What happens to mortgage rates if the Canada-U.S. trade war ends?
The resolution of the trade conflict may lead the central bank to maintain current interest rates, influencing borrowing costs, though various market conditions will also affect fu...
Read Full Article →Trump family cuts stake in World Liberty Financial by 20%
The Trump family’s decreased ownership in World Liberty Financial reflects a notable shift in their investment portfolio, potentially impacting their influence and financial intere...
Read Full Article →SEI price surges as Wyoming selects Sei Network for WYST stablecoin
The recent decision by Wyoming authorities to incorporate Sei Network in their stablecoin project has contributed to a notable increase in the cryptocurrency’s market value within...
Read Full Article →Carney announces new measures to protect Canada's steel and aluminum industries
The government plans to implement limits on imported steel and explore additional tariff options to support domestic producers amid economic challenges stemming from U.S. trade pol...
Read Full Article →Ethereum strategic reserves hit 1% of supply as corporate adoption accelerates
The accumulation of over 1.19 million ETH by significant investors, representing more than one percent of the total available tokens, highlights growing institutional interest and...
Read Full Article →Trump Family Reduces Stake in Crypto Project World Liberty
The recent decrease in DT Marks DEFI LLC’s equity from 60% to around 40% indicates a significant shift in investment strategy within the crypto enterprise previously dominated by t...
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