November 8, 20240 Comments

Asia FX nurses losses as Trump victory puts dollar at 4-mth peak; Fed awaited By Investing.com

Investing.com– Most Asian currencies steadied from recent losses on Thursday, while the dollar hovered around four-month highs after a Donald Trump victory in the presidential election. Focus was now on the conclusion of a Federal Reserve meeting later in the day, where the central bank is widely expected to cut interest rates. But its outlook on future rate cuts will be closely watched. Asian currencies were nursing steep losses from

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November 8, 20240 Comments

Here’s Why Cronos Price Is Surging

Cronos price has seen an impressive 60% surge in the last 3 days driven by a series of positive developments from the Cronos chain ecosystem. This sudden rise has brought life back into the CRO community with market analysts now calling it the next ‘BNB’. Will the price of CRO continue skyrocketing? Why is Cronos Price Up 60% In 3 Days? The latest CRO price is $0.1116 after the asset

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November 8, 20240 Comments

Meme Coin Whale Records $4M Profit With These PolitiFi Tokens

Amid a highly market witnessed recently in light of the U.S. elections, a meme coin diamond-hand trader nabbed substantial market attention by making massive profits. On-chain data on Friday indicated that a trader made nearly $4 million worth of profit trading Department Of Government Efficiency (DOGE) meme token. Simultaneously, the same trader made significant profits on MAGA, sparking market discussions over potential investment strategies and future price movements. Meme Coin

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November 8, 20240 Comments

Top Analyst Predicts XRP To Hit $2.2 If Bitcoin Breaches This Level

XRP News: Ripple’s native crypto has gained notable traction lately, amid a broader rally in the financial markets, let alone the digital assets space. Further fueling speculations, a top analyst highlights the co-related between the crypto and Bitcoin, suggesting a potential breakout ahead for both assets. Besides, recent market trends also indicate that the asset is poised to record a strong run, especially with Donald Trump’s election win. XRP News:

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November 8, 20240 Comments

Highlights From Jerome Powell’s Speech And Impact On Bitcoin

The US stock market and Bitcoin price reached record highs on Thursday following the Federal Reserve meeting and it’s decision to cut interest rates and Fed Chair Jerome Powell’s reassuring press conference, where he dismissed concerns about his potential resignation following Donald Trump’s election. Bitcoin (BTC) surged, reaching a new high of $76,990 before slightly retreating, still up 1.2% over the past 24 hours. Meanwhile, US stock indexes also peaked,

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November 8, 20240 Comments

Rivian posts Q3 revenue miss; full-year loss projection widens, but ‘modest gross profit’ still expected in Q4

Rivian (RIVN) reported third quarter revenue that missed the mark and a wider-than-expected loss as the pure-play adventure electric vehicle maker was burdened by a supplier parts issue. Though the company now projects a wider loss than expected for the year, it maintained its full-year delivery forecast and still sees a “modest gross profit” coming in the fourth quarter. For the quarter, Rivian reported revenue of $874 million versus $980

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November 8, 20240 Comments

Europe cannot finance Ukraine war if Trump pulls U.S. out of the conflict, Hungary’s Orban warns

Hungarian Prime Minister Viktor Orban attends ADF Talks as part of the Antalya Diplomacy Forum (ADF) at NEST Congress and Exhibition Center in Antalya, Turkiye on March 01, 2024. Emin Sansar | Anadolu | Getty Images Europe alone cannot shoulder the financial strain of supporting Ukraine against the ongoing Russian invasion, Hungarian leader Viktor Orban said Friday, warning that closely-allied President-elect Donald Trump will likely steer Washington out of the

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November 8, 20240 Comments

Bolt drivers win right to holiday and minimum wage

Getty Images Thousands of drivers working for ride-hailing and food delivery app Bolt have won a legal claim to be classed as workers in the UK rather than self-employed. The ruling means drivers could be entitled to holiday pay and minimum wage, which lawyers said could lead to compensation worth more than £200m. Bolt said it was reviewing its options, including grounds for appeal. It pointed out that the findings

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