News Editor
Dollar edges lower; Fed meeting looms large
The U.S. dollar edged lower in early European trade Monday, in thin holiday-affected volumes as traders continued to digest last week’s mixed U.S. jobs...
China shares rally, G20 summit looms – what’s moving markets
Chinese shares jump as traders bet that recent U.S. unemployment figures may convince officials at the Federal Reserve to keep interest rates steady this...
Bitcoin backer Ron DeSantis, US presidential candidate, pledges unwavering support
TL;DR Breakdown
Ron DeSantis, a US presidential candidate, has released a 'Bitcoin Declaration' promising strong support for Bitcoin and opposition to CBDCs.
DeSantis' stance on cryptocurrencies...
U.S. federal court clears the way for HelbizCoin investors’ Class-action lawsuit
TL;DR Breakdown
U.S. federal court greenlights class-action lawsuit against HelbizCoin creators, citing fraud and securities law violations.
The court's ruling deems Helbiz's ERC-20 token as a...
Europe’s inflation is significantly higher than the US as wages experience...
TL;DR Breakdown
Europe is facing a more persistent inflation challenge compared to the United States.
The US has recorded a 2.1 percent annualized expansion in the...
France to ban disposable e-cigarettes, PM says
France plans to ban disposable electronic cigarettes, French Prime Minister Elisabeth Borne said on radio station RTL on Sunday.
“It’s an important public health issue,”...
Top 5 things to watch in markets in the week ahead
After Friday’s jobs report cemented expectations that the Federal Reserve will keep interest rates on hold later this month, the economic calendar will be...
Binance CEO predicts decentralized finance will eclipse centralized financial systems
TL;DR Breakdown
Binance CEO Changpeng Zhao predicts that decentralized finance (DeFi) will soon outperform centralized financial systems (CeFi), citing advantages like transparency, lower costs, and...
Turkey’s crypto adoption soars: 12% increase in investors over 18 months
TL;DR Breakdown
KuCoin's recent report reveals a 12% increase in crypto investors in Turkey over the past 18 months, driven by economic uncertainties and a...
Exclusive: SoftBank’s Arm to ask for $47 to $51 per share...
Arm Holdings Ltd, the chip designer owned by SoftBank (TYO:9984) Group Corp, is planning to ask investors to pay $47 to $51 for each...
