November 13, 20240 Comments

Investment Giant VanEck Issues New Sui ETN for European Markets As SUI Breaks New All-Time Highs

Asset management and exchange-traded fund (ETF) issuer VanEck has launched a new institutional product based on layer-1 blockchain Sui (SUI). In a press release, VanEck says it’s expanding its offerings with a new exchange-traded note (ETN) that allows investors to participate in the development of SUI without having to directly hold the token. The new product will trade on the Euronext Amsterdam and Euronext Paris stock exchanges starting Wednesday morning.

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November 13, 20240 Comments

Analyst Reveals Why Dogecoin Price Can Rally To $2 And Flip Solana, BNB

Crypto analyst Master Kenobi has revealed the factors that could lead to a Dogecoin price rally to $2 and cause the meme coin to flip Solana and BNB in the process. This came as the analyst outlined a scenario where Dogecoin becomes the third-largest crypto by market cap. Why Dogecoin Price Can Rally To $2 In an X post, Master Kenobi stated that the Dogecoin price could easily climb to

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November 13, 20240 Comments

Bonk Price Spikes 12% Amid Binance.US Listing; Is ATH Imminent?

Bonk (BONK) price, a Solana-based meme coin, has recently experienced a significant price surge, breaking crucial resistance levels. This rally has boosted market interest, with BONK now eyeing a potential new all-time high this November. The excitement around the BONK/USDT trading pair fueled the surge recently debuting on Binance.US. BONK has witnessed a remarkable percentage gain, making it one of the top-performing tokens in the market.  Bonk Price Jumps 12%

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November 13, 20240 Comments

Dow, S&P 500 rise while Nasdaq lags as inflation print keeps Fed rate cut on track

New data out Wednesday showed the “core” Consumer Price Index (CPI) increased 3.3% in the month of October, in line with Wall Street’s expectations. Immediately following Wednesday’s release, markets continued to price in another 25 basis point rate cut in December after the central bank cut rates by that amount last week. Traders currently see a more than 80% chance that the Fed cuts rates by 0.25% next month, up

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November 13, 20240 Comments

Canadian dollar hits four-year low as 71 cent U.S. threshold nears

Article content The Canadian dollar fell to a four-year low Wednesday with analysts keeping a sharp eye on the currency as it approached the critical barrier of 71 cents U.S. “If you look at the (Canadian dollar) chart over the past five years, we haven’t breached that level since the pandemic,” Sarah Ying, head of foreign exchange strategy at CIBC Capital Markets, said.The loonie is down 1.1 per cent since

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November 13, 20240 Comments

Women suing over Idaho abortion ban say they felt like “medical refugees”

Four women suing over Idaho’s strict abortion bans told a judge Tuesday how excitement over their pregnancies turned to grief and fear after they learned their fetuses were not likely to survive to birth — and how they had to leave the state to get abortions amid fears that pregnancy complications would put their own health in danger. “We felt like we were being made refugees, medical refugees,” said Jennifer

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November 13, 20240 Comments

Exclusive-Saudi Arabia prioritizes sports for NEOM plans as costs balloon, sources say By Reuters

By Pesha Magid, Hadeel Al Sayegh and Federico Maccioni RIYADH/DUBAI (Reuters) – Saudi Arabia has scaled back lofty ambitions for its NEOM gigaproject to prioritize completing elements essential to hosting global sporting events over the next decade as rising costs weigh, three sources told Reuters a day after the sudden departure of the project’s longtime CEO. Crown Prince Mohammed bin Salman, known as MbS, has poured hundreds of billions of

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