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Cryptocurrencies
SEC Fines Crypto Firms $4.7 Billion in 2024, Huge Jump from 2023
In 2024, the United States Securities and Exchange Commission (SEC) dramatically increased its enforcement actions against cryptocurrency firms and executives, totaling nearly $4.7 billion.
Cryptocurrencies
Uniswap (UNI) Killer RCO Finance (RCOF) Will Outshine UNI’s 20% Rally Soon, Analyst Forecast
RCO Finance (RCOF) is positioning itself as a potential Uniswap (UNI) killer, with analysts predicting that it could soon surpass UNI’s impressive 20% rally. As interest in decentralized finance (DeFi) […] The post Uniswap (UNI) Killer RCO Finance (RCOF) Will Outshine UNI’s 20% Rally Soon, Analyst Forecast appeared first on Live Bitcoin News.
Cryptocurrencies
Polygon Processes Over $214 Billion In DEX Volume As Adoption Explodes, Why Is POL Struggling?
POL is still struggling. After the highly anticipated migration, the token edged lower, finding support at $0.35. Sows have the upper hand until there is a comprehensive close above the descending channel and $0.60.
Stocks
U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.31%
U.S. equities were higher at the close on Wednesday, as gains in the Technology, Consumer Services and Basic Materials sectors propelled shares higher.
Forex
EUR/USD edges lower after US CPI data, ECB’s decision looms
The Euro is set to end Wednesday’s session with minuscule losses against the Greenback, dropping 0.04% after the latest US inflation report showed that the core Consumer Price Index (CPI) stalled in August.
Cryptocurrencies
Ethereum Whales Increase Supply Share, Now Control 43% Of All ETH
Ethereum Whales Now Hold Around 43% Of The Entire Supply I
Stocks
FTSE 100 higher today; growth data disappoints
U.K. equities started mixed on Wednesday, with rises nearly in all sectors. The top risers were Industrial Metals & Mining, Life Insurance and Oil & Gas.
Forex
EUR/USD: Set to test 1.0995 before the risk of recovery increases – UOB Group
Scope for the Euro (EUR) to test 1.0995 before the risk of recovery increases.
Cryptocurrencies
Altcoins About To Take Over? Analyst Suggests Time To Accumulate Will End Soon
Many expect the next quarter will kickstart the rally’s second leg up, suggesting that most altcoins will explode in the coming months.
Cryptocurrencies
Bitcoin price today: dips to $56k as Harris-Trump debate heralds tight race
Bitcoin’s price fell on Wednesday, tracking a wider decline in risk-driven assets as a heated presidential debate presented the prospect of a hotly contested 2024 presidential election.
Commodities
Gold cycles up towards all-time-highs
Gold (XAU/USD) cycles back up towards the top of its three-week range, trading just shy of $2,530 on Wednesday.
Economics
What You Need to Know from the Trump-Harris U.S. Presidential Debate
TradingKey - On Tuesday night, the U.S. presidential debate took place, during which Trump and Harris discussed tariffs, immigration, abortion rights, and the Gaza conflict.
Cryptocurrencies
Dogecoin To Experience Most Significant Bull Rise Leading Up To 2025 – Expert
As the general cryptocurrency market is witnessing a rebound, assets like Dogecoin, the leading meme coin are attracting strong optimism from the industry as bullish predictions toward the coin’s potential in the short term are on the rise.
Stocks
Europe's highest court verdict against Apple 'not material' says Citi
Europe's highest court concluded a decade-long legal battle by ruling that Apple Inc (NASDAQ:AAPL) must pay €13 billion ($14.4 billion) in back taxes to Ireland.The charge, estimated to be around $10 billion, is expected to substantially increase Apple's effective tax rate for the quarter.
Stocks
U.S. shares mixed at close of trade; Dow Jones Industrial Average down 0.23%
Investing.com – U.S. equities were mixed at the close on Tuesday, as gains in the Telecoms, Technology and Consumer Services sectors propelled shares higher while losses in the Oil&Gas, Financials and Basic Materials sectors led shares lower.
Forex
GBP/USD eases from daily top on weaker UK data, hovers around 1.3100 ahead of US CPI
The GBP/USD pair builds on the overnight modest bounce from the 1.3050-1.3045 region, or over a three-week trough and gains some follow-through positive traction for the second successive day on Wednesday.
Cryptocurrencies
BNB Price Reclaims $500: Can Bulls Maintain the Push?
After forming a base above the $470 level, BNB price started a fresh increase like Ethereum and Bitcoin. The price was able to climb above the $488 and $500 resistance levels.
Cryptocurrencies
Bitcoin Capital Flow Shifts to Long-Term Holders, Data Shows — Is a Bullish Rally Coming?
Recent market analysis has revealed a significant shift in Bitcoin capital flow from short-term holders (STH) to long-term holders (LTH).
Economics
Citi sees incremental stimulus in China as export-driven growth cools
Investing.com-- The Chinese government is likely to roll out more, albeit incremental stimulus measures in the coming months, Citi analysts said in a note, especially amid signs that economic support from exports may have peaked.
Commodities
Silver Price Forecast: XAG/USD holds steady near weekly high, just below mid-$28.00s
Silver (XAG/USD) trades with a mild positive bias for the third straight day on Wednesday, albeit lacks bullish conviction and is currently placed around the $28.45 region, just below the weekly high touched during the Asian session.
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