Cardano (ADA) is currently in the limelight after reclaiming the top 10 position in overall ranking. The Cardano ecosystem has litted up with multiple metrics including price and whale activity are on the rampage at the moment. As of writing, ADA was changing hands at $0.3925, up by 10.59% in 24 hours. This has helped it displace Toncoin (TON) from the tenth position in the market. Cardano and the Whale
The US Federal Reserve announced a 25 basis point (bps) rate cut following its November FOMC meeting. This development is undoubtedly significant, considering the impact it could have on the Bitcoin price and broader crypto market. US Federal Reserve Announces 25 Bps Rate Cut In a press release, the US Fed announced its decision to cut interest rates by 25 bps, just about two months after it cut them by
Donald Trump’s US election victory on Wednesday and the resulting euphoria failed to boost the price of Trump-themed memecoins, mostly due to so-called ‘sell the news’ trend. These tokens, which had seen significant gains earlier in the week, dropped by double digits following his win. Some of the popular memecoins shed over 25% in market capitalization just a day after the victory, including TRUMP, MAGA, and TREMP. Trump-Themed Tokens Suffer
The Dow closed 1,500 points higher on Wednesday, boosted by Donald Trump’s decisive election win and a possible Republican-controlled Congress, signaling strong market optimism. Alongside the stock rally, U.S. Treasury yields also increased, raising concerns among some analysts about market stability and the potential effects on equities. The 10-year Treasury yield rose over 14 basis points, reaching 4.433%—its highest level since July. Similarly, the yield on the 2-year Treasury climbed
A former health care worker who illegally accessed the health records of Supreme Court Ruth Bader Ginsburg before she died has been sentenced to two years in prison Source link
Getty Images UK interest rates could take longer to fall further after the Bank of England forecast that inflation will creep higher after last week’s Budget. The Bank cut interest rates to 4.75% from 5% in a move that had been widely expected. But it indicated that while the extra spending outlined in the Budget would initially boost growth, measures such as raising the cap on bus fares and VAT
BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 25bps. 📰 Full Story @WatcherGuru
Article content Enforcement staff at the Ontario Securities Commission failed to prove allegations that a trio of sophisticated market participants including investment dealer Cormark Securities Inc. were involved in an “illegal and abusive” short selling scheme, an OSC tribunal ruled Thursday. The case was launched in 2022 and revolved around a complex series of transactions in 2017 including a private placement, a securities lending agreement, and short sales. Article content Enforcement staff
An AMC theater is pictured in Times Square in the Manhattan borough of New York City. Carlo Allegri | Reuters AMC Entertainment on Wednesday reported a fall in third-quarter revenue and saw a decline in attendance at its theater chain, hurt by fewer blockbuster releases from Hollywood studios. Shares of the Leawood, Kansas-based company fell over 5% in extended trading. Strikes by actors and writers last year forced filming and
Adam Foroughi, CEO of AppLovin. CNBC AppLovin shares soared 45% on Thursday after the online gaming and advertising company issued guidance that was well above estimates and reported better-than-expected earnings and revenue. The stock jumped past $245 in early afternoon trading. It’s now up 515% this year, far outpacing all other tech companies valued at $5 billion or more, according to FactSet data. The rally has lifted AppLovin’s market cap
