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Galaxy Digital surges after $505M Q3 profit, brokers raise targets to $60
Galaxy Digital (GLXY), a digital asset firm, reported an outperformance of its Q3 earnings. According to their report, the company’s gross revenue was $29.2 billion and a net income of $505 million, a whopping 1,546% increase from Q2. As a result, institutions have reiterated their overweight rating on the company shares. Galaxy Digital reported gross […]
Cryptopolitan
mié., 22 de oct
Standard Chartered expands digital finance footprint with Hong Kong ETF launch
Standard Chartered Hong Kong has announced its plans to launch ETF trading services in November. The bank’s upcoming virtual asset ETF offering is part of Hong Kong’s ongoing efforts to combine traditional finance with digital innovation. Standard Chartered Hong Kong is preparing to launch virtual asset exchange-traded fund (ETF) trading services next month as demand […]
Cryptopolitan
mié., 22 de oct
Dana closes Auburn Hills plant, lays off 200 amid post-subsidy EV downturn
Dana Inc. shutters its Auburn Hills plant, laying off 200 employees as EV demand slumps after federal tax credit expiration.
Cryptopolitan
mié., 22 de oct
Pronóstico del Precio de Ripple: XRP ofrece señales bajistas en medio de bajo interés minorista
Ripple (XRP) se está negociando a la baja y ligeramente por debajo de 2.40$ en el momento de escribir el miércoles. El token de remesas de dinero transfronterizas fue rechazado en 2.55$ el lunes, lo que alentó una retirada de beneficios temprana.
Ripple XRP
Fxstreet
mié., 22 de oct
Institutions Continue To Buy The Ethereum Dip, While Retail Is Buying This New ETH Token
Institutional investors appear unfazed by Ethereum’s recent correction, with several reports showing continued accumulation during the market’s pullback. Analysts suggest large scale holders take this dip as an opportunity to increase long-term exposure ahead of the next network cycle. Ethereum fundamentals remain healthy, backed by increasing staking activity and steady work on its scaling roadmap. […]
Cryptopolitan
mié., 22 de oct
Bitcoin slows after ‘Uptober’ surge, data shows profit margins tightening
Bitcoin’s recent slowdown in momentum is fueling doubts about the strength of the latest rally, as new data from digital asset firm Matrixport shows that market-wide profitability is beginning to shrink, a trend that historically signals weakening conviction among active investors. According to the data, the market remains profitable, but those profits are shrinking fast. […]
Cryptopolitan
mié., 22 de oct
Best Cryptos Under $0.10 That Could Repeat Dogecoin’s (DOGE) Success
There is no crypto story like that of Dogecoin Doge that has empowered crypto investors with greater imagination than a meme coin that turned out to be one of the trendiest assets of its times and made early adopters gain astronomical returns. With the market seeking the next breakout below $0.10, astute traders are posing […]
Cryptopolitan
mié., 22 de oct
Bitcoin Fear Index Falls to 29 — Analysts Rank Ethereum, Solana, and MAGACOIN FINANCE as the 3 Best Cryptos to Buy With 1000x Potential
Volatility hit the cryptocurrency market, with Bitcoin briefly hitting a new high of above $113,000 and then falling the following day. Traders grew more cautious as the Crypto Fear & Greed Index dropped to 29 due to profit-taking. However, analysts are finding new opportunities in major altcoins. Ethereum and Solana are technically resilient, while MAGACOIN […]
Cryptopolitan
mié., 22 de oct
Xi Jinping gets negotiating power boost as Chinese daily exports holds above $1B
China continues to export approximately US$1 billion in goods daily to the U.S., revealing Xi Jinping's negotiating power in trade talks despite tariffs as high as 55%.
Cryptopolitan
mié., 22 de oct
Bitcoin ETFs Continue To See Millions In Outflows, But That Might Not Necessarily Be Bearish
Bitcoin exchange-traded funds (ETFs) have recorded another week of significant outflows, with over $1 billion leaving major funds. While short-term weakness has unsettled retail traders, Bitcoin has stayed resilient, hovering around the $110,000 level. Many investors view the current ETF outflows as part of a healthy cooling-off period following months of record inflows earlier in […]
Cryptopolitan
mié., 22 de oct
UK's FCA targets Justin Sun's HTX in regulatory enforcement action
The UK Financial Conduct Authority (FCA) launched a lawsuit against HTX and related entities, for alleged unlawful promotion of crypto services and assets.
Cryptopolitan
mié., 22 de oct
India proposes new rules requiring labeling of AI-generated content
India’s government has tabled a draft law change that would compel artificial intelligence (AI) and social media platforms to label AI-generated content clearly. MeitY wants to amend the Information Technology Intermediary Guidelines and Digital Media Ethics Code Rules of 2021 to include the new definitions. According to the drafted rules announced Wednesday by the Ministry […]
Cryptopolitan
mié., 22 de oct
Britain’s inflation rate remains unchanged for the third successive month
The Office for National Statistics reported that the UK’s inflation rate for September remained at 3.8%.
Cryptopolitan
mié., 22 de oct
September’s CPI becomes the only indicator for the Federal Reserve amid shutdown
The three-week-long US government shutdown has halted most official economic data releases, leaving the Federal Reserve with just one major indicator to guide its next monetary decision before the end of October, the September Consumer Price Index (CPI). Earlier this week, the Bureau of Labor Statistics (BLS) confirmed it will make a one-time exception to […]
Cryptopolitan
mié., 22 de oct
Barclays unveils surprise $670 million share buyback with upgraded earnings guidance
Barclays has revealed a surprise £500 million ($670 million) share buyback after stronger-than-expected income.
Cryptopolitan
mié., 22 de oct
Shiba Inu Price Prediction As Elon Musk Might Have Just Kick Started A New Meme Coin Season
The meme coin market appears to be stirring again, thanks to what many investors are calling another cryptic spark from Elon Musk. The billionaire’s history of influencing meme tokens like Dogecoin and Shiba Inu has long been a defining factor in market sentiment, and his latest post has once again drawn attention back to the […]
Cryptopolitan
mié., 22 de oct
Russia to legalize international cryptocurrency settlements
Financial regulators in the Russian Federation are going to officially legalize the use of cryptocurrency in cross-border payments, moving beyond the existing “experimental” legal regime. Russian companies have been utilizing digital coins for trade settlements, bypassing financial restrictions imposed on their country over the war in Ukraine, severely limiting their access to global markets. Russia […]
Cryptopolitan
mié., 22 de oct
Dogecoin’s Corporate Arm Acquires Majority Stake In Italian Soccer Team
Dogecoin just took a big swing into European football. House of Doge, the corporate arm tied to the Dogecoin Foundation, is now the largest equity holder in U.S. Triestina Calcio 1918. This move is a deliberate attempt by Dogecoin to push for better real-world crypto adoption through sports. In other major news, Remittix, a new […]
Cryptopolitan
mié., 22 de oct
CFPB’s open banking rule receives strong support from US Senator Cynthia Lummis
Senator Cynthia Lummis (R-WY) has endorsed the CFPB (Consumer Financial Protection Bureau)’s open banking rule and advocates for digital asset access.
Cryptopolitan
mié., 22 de oct
US group rallies media, tech figures in call to check artificial superintelligence
A coalition of US right-wing media personalities, scientists, and tech leaders are calling for a global ban on the development of superintelligent artificial intelligence (AI) until science ensures it can be controlled safely, in tandem with the public’s support. According to a Wednesday report by Reuters, the plea coordinated by the Future of Life Institute […]
Cryptopolitan
mié., 22 de oct
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