Markets are bracing for a pivotal Fed decision, with a widely expected rate cut setting the tone for a busy evening across policy, corporate shake-ups, and tech. Pfizer is making deep workforce cuts in Switzerland as part of a sweeping cost-saving push, while ByteDance and Alibaba scramble to secure Nvidia’s powerful H200 chips after US
While current price charts indicate deteriorated optimism in crypto, the December 10 session confirmed staggering institutional appetite. Notably, investors poured substantial funds into all leading crypto ETFs on Wednesday. Bitcoin, Ethereum, XRP, and Solana attracted massive inflows as demand skyrocketed ahead of the much-anticipated December 10 Federal Reserve meeting. Bitcoin ETFs in the spotlight US
Bitcoin and top altcoins suffered a harsh reversal today, Dec. 11, as concerns about the Federal Reserve forward guidance resumed. BTC dropped below $90,000, erasing some of the gains made earlier this week. XRP price dropped by 3.6% in the last 24 hours and by 7.8% in the previous seven days. Similarly, Solana, Dogecoin, Cardano,
A bronze statue of Bitcoin’s mysterious creator, Satoshi Nakamoto, now stands in the heart of the New York Stock Exchange, underscoring how mainstream financial institutions are increasingly recognising cryptocurrency’s significance. The installation, organised by Bitcoin firm Twenty One Capital, is the sixth of 21 planned monuments and signals Bitcoin’s journey from niche digital experiment to
Bitcoin price has surged back to the $90,000 zone, but traders warn that a mix of stretched long positions, brittle macro catalysts, and mixed ETF flows could turn today’s rally into a deeper retracement. The world’s largest cryptocurrency has become a macro-sensitive asset, and the $90,000 level may prove to be more of a false
The crypto is showing signs of resilience this week, with Bitcoin remaining above the key resistance level at $92,000 and Ethereum stabilizing above $3,200. Additionally, the Crypto Fear and Greed Index has continued rising in the past few weeks, moving from a low of $8 to $28. This article explores some of the best crypto
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BBVA is moving artificial intelligence from limited trials into everyday banking work by extending access to ChatGPT across almost its entire organisation. The Spanish lender is giving more than 120,000 employees access to ChatGPT Enterprise after an internal pilot showed measurable efficiency gains, reports Bloomberg. The expansion reflects a broader shift in the financial sector,
Russian seaborne oil product exports dipped slightly in November, falling 0.8% from October to 7.494 million metric tons, according to industry data and Reuters calculations. This decrease occurred as the effects of drone attacks on key energy infrastructure were largely counterbalanced by the completion of maintenance work at several refineries. Despite the small change in
The cryptocurrency market has performed positively over the past 24 hours, with Bitcoin and other major coins currently in the green. ZEC, the native coin of the Zcash blockchain, is the best performer among the top 20 cryptocurrencies by market cap. The coin is now trading around $450 and could rally towards the $500 psychological