November 8, 2024

Asia FX steadies as dollar slides after Fed cuts interest rates By Investing.com

Investing.com– Most Asian currencies steadied on Friday after clocking sharp gains in the prior session, while the dollar nursed some losses after the Federal Reserve cut interest rates as widely expected. Regional currencies recouped a bulk of their weekly losses after the Fed’s move, with some even turning positive for the week. The dollar, on the other hand, tumbled from four-month highs, with some traders also locking in recent gains. 

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November 8, 2024

upbeat near $76k on Fed rate cut cheer, Trump victory By Investing.com

Investing.com– Bitcoin rose on Friday and remained close to record highs hit this week as a Donald Trump victory in the 2024 presidential election and an interest rate cut by the Federal Reserve kept crypto markets upbeat.  The world’s largest cryptocurrency rallied to record highs this week amid optimism over friendlier U.S. regulations during a second Trump presidency.  The Fed’s interest rate cut on Thursday added to this rally, as

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November 8, 2024

What investments beyond GICs protect buying power?

Breadcrumb Trail Links Investor Bonds have earned their place as a sensible diversifier of returns over the long term Published Oct 11, 2024  •  Last updated Oct 25, 2024  •  5 minute read You can save this article by registering for free here. Or sign-in if you have an account. Traders work on the floor of the New York Stock Exchange during morning trading in New York City. Photo by

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November 8, 2024

French Gambling Regulator Announces Plans To Probe Polymarket Following Big Wins on Trump Presidency: Report

As Polymarket bettors worldwide rake in their wins following President Donald Trump’s re-election victory over Vice President Kamala Harris, France’s top gambling regulator is announcing a probe into the popular betting platform. According to a new Reuters report, the French gambling regulatory authority, the Autorité Nationale des Jeux (ANJ), is turning its focus to Polymarkets following the platform’s surge in popularity. Said ANJ spokesperson Elsa Trochet-Mace said in an emailed

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November 8, 2024

Ripple CEO Says Dems Should Hold Gary Gensler Accountable

The US Presidential and Congress elections are now over and Ripple CEO Brad Garlinghouse has called out Gary Gensler in his post-vote analysis. According to the Ripple CEO, the war on crypto by the Chairman of the US Securities and Exchange Commission (SEC) is worth holding him accountable for. Gary Gensler, Crypto Agenda and Donald Trump For the past two US SEC’s admistration, the broader crypto industry has faced significant

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November 8, 2024

BlackRock Bitcoin ETF Sees Largest Inflow At $1 Billion Soon After Fed Rate Cut

The BlackRock Bitcoin ETF (IBIT) has been smashing new records every single day while seeing its largest daily inflows at over $1 billion on Thursday. As a result, the total inflows for IBIT have now surged past $27 billion since its inception in January, making it one of the best ETF launches in 2024. The Federal Reserve rate cut decision has proved to be an additional catalyst behind these strong

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