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Celo, Shopping for Blockchain Partner, Turns to the Delicate Issue of Money

A standalone blockchain, Celo is looking to migrate to become a layer-2 network atop Ethereum. The months-long selection process has started to look like "The Bachelorette," with teams behind the Arbitrum, Optimism, Polygon and zkSync networks all vyin...
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Cryptocurrency
25 Jan 2024

Jamie Dimon Shakes Up JPMorgan Leadership Again

Jennifer Piepszak, a CEO contender, moves to leading the corporate and investment bank.
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News
25 Jan 2024

US Dollar Forecast: Core PCE to Set Tone, Setups on EUR/USD, GBP/USD and Gold

This article delves into the technical prospects of the U.S. dollar, with a specific focus on analyzing price action dynamics for EUR/USD and GBP/USD. Additionally, the technical outlook for gold is thoroughly examined.
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Forex
25 Jan 2024

Surprisingly Strong Economy Pushes S&P 500 to Another Record

Tesla shares slide after weak outlook.
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News
25 Jan 2024

Western Digital’s stock dips nearly 4% on revenue decline

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News
25 Jan 2024

Uncover the Marvels of Science & Visit The Mind Museum Philippines!

Prepare yourself for an incredible journey centered on learning the most fascinating facts about science! A trip to The Mind Museum is the perfect solution if you’re sick of the same old schedule and want an exciting experience that will stimulat...
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News
25 Jan 2024

Bitcoin ETF Flows Show Negative Trend For First Time Since Launch

The group of recently launched spot bitcoin exchange-traded funds (ETFs) are seeing combined negative flows for the first time since they opened for trade on Jan. 11 as money moving into funds like BlackRock's IBIT and Fidelity's FBTC has failed to kee...
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Cryptocurrency
25 Jan 2024

Will the IPO Market Spring Back in 2024? The First Big Debut Offers Clues

Healthcare-services company BrightSpring is on track to price its IPO below expectations after investors balked at the original price range.
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News
25 Jan 2024

Heating Your House Will Be Cheaper This Winter Thanks to Natural-Gas Boom

There hasn’t been enough cold weather to burn up America’s gas surplus.
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News
25 Jan 2024

ETH ETFs Are Inevitable — But When?

As the SEC delays applications from Grayscale and BlackRock, Daniel Kuhn looks at how soon regulators might approve these investment products.
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Cryptocurrency
25 Jan 2024

Protocol Village: Immutable Pushes Early Access Launch of Polygon-Powered ZkEVM Mainnet

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Jan. 25-31.
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Cryptocurrency
25 Jan 2024

Gold Price Forecast: Core PCE Data to Guide Markets ahead of Fed Decision

This article focuses on gold’s outlook, analyzing important price levels that could serve as technical resistance or support in the coming trading sessions ahead of the Fed decision next week.
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Forex
25 Jan 2024

Vince McMahon accused of sex trafficking by former WWE employee: report

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News
25 Jan 2024

Spot Ether ETF Applications Decisions Delayed by SEC

The U.S. Securities and Exchange Commission delayed an application by Grayscale Investments to convert its Ethereum trust product into an exchange-traded fund (ETF), a day after pushing back a decision on an application from BlackRock to launch an ethe...
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Cryptocurrency
25 Jan 2024

Grayscale’s GBTC Profit Taking Likely Over, Easing Bitcoin Selling Pressure: JPMorgan

Around $1.3 billion has shifted from GBTC to new spot bitcoin ETFs, equivalent to a monthly outflow of about $3 billion per month, the bank said in a report.
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Cryptocurrency
25 Jan 2024

Swan Bitcoin Unveils Mining Unit as Parent Company Prepares to Go Public

The mining business aims to reach 8 EH/s mining power and already has 4.5 EH/s operational after starting the unit in the summer of 2023.
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Cryptocurrency
25 Jan 2024

AI Agents Could Be Important ‘Buyers’ of Crypto, Says Palantir Co-Founder Joe Lonsdale

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Cryptocurrency
25 Jan 2024

ECB to Have Little Effect While Traders Eagerly Await US GDP

It's all about the ECB and US GDP today. ECB President Christine Lagarde will likely be probed further about her Davos comments where she teased a rate cut in the summer and will US data continue to outshine Europe and the UK?
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Forex
25 Jan 2024

Crypto for Advisors: Unlocking Crypto Custody

As a financial advisor, it is crucial to understand that there is no one-size-fits-all approach to crypto custody. Instead, the most suitable solution depends on your client’s specific needs, goals, and risk appetite.
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Cryptocurrency
25 Jan 2024

The Economy Just Keeps Going

Gross domestic product finished out last year on a solid note and is poised to continue growing.
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News
25 Jan 2024

My Long-Term Investment Case for Bitcoin

There are short-term factors like the new U.S. ETFs and the upcoming Bitcoin halving. But the longer-term case rests on larger macro factors, says Torbjørn Bull Jenssen.
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Cryptocurrency
25 Jan 2024

Ethereum Developers Set Timeline for Final ‘Dencun’ Testnet Upgrades

Developers will run through Dencun on the Sepolia and Holesky testnets on Jan. 30 and Feb. 7.
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Cryptocurrency
25 Jan 2024

It Is Going to Be a Bad Year (or More) for the Medicare Business

Humana’s disappointing guidance suggests insurers aren’t prepared for higher medical costs among the elderly.
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News
25 Jan 2024

Well Into Adulthood and Still Getting Money From Their Parents

Nearly 60% of parents provide financial help to their adult children, a new study finds.
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News
25 Jan 2024

Axiom, Protocol for Historical Ethereum Data, Raises $20M, Led by Paradigm, Standard Crypto

The funding will go towards further developing the protocol and adding new hires. Axiom allows smart contract developers to access historical data from Ethereum and then perform intensive computations off-chain.
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Cryptocurrency
25 Jan 2024

Many Retail Investors See Bitcoin Price Dropping Below $20K by Year End: Deutsche Bank

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Cryptocurrency
25 Jan 2024

How to Make Money Buying Art: Advice From Art Market Economist Magnus Resch

In his latest book, the Yale economist guides prospective buyers through never overpaying for art by examining the data and curating relationships. It turns out NFTs have particular utility here.
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Cryptocurrency
25 Jan 2024

US Dollar Mixed As GDP Data Smash Forecasts, Gloomy ECB Stands Pat

The United States Dollar was remarkably steady through a fascinating session of economic data on Thursday, suggesting perhaps that all the market cares about at this point is what the Federal Reserve will make of it all.
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Forex
25 Jan 2024

ECB Leaves Interest Rates Unchanged, EUR/USD Listless Ahead of Press Conference and US Q4 GDP

The European Central Bank (ECB) played a straight bat at today’s policy announcement, leaving all rates unchanged and giving little away. A currently lackluster EUR/USD needs another driver.
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Forex
25 Jan 2024

First Mover Americas: Bitcoin Holds $40K

The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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Cryptocurrency
25 Jan 2024

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