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“They don’t actually have the money” – Elon Musk shoots down OpenAI’s big Stargate reveal
Shortly after OpenAI unveiled its $500 billion Stargate initiative, Elon Musk took to his social media platform to express his doubts about the project. In a short quip posted in response to the OpenAI announcement, Elon Musk said, “They don’t actually have the money.”Cryptopolitan
Jan 23, 2025
Australian Dollar steadies following Trump’s decision to refrain from imposing tariffs
The Australian Dollar (AUD) remains steady against the US Dollar (USD) on Thursday, as market concerns eased following news that the China-specific tariffs proposed under US President Donald Trump’s revised plan are significantly smaller than initially expected.
Fxstreet
Jan 23, 2025
Crypto execs are worried about TRUMP meme coins
According to a Jan. 22nd report by the Financial Times, crypto industry leaders are raising serious concerns about the chaos caused by TRUMP and MELANIA, the controversial memecoins launched by ‘crypto president’ Donald Trump and his wife the weekend before his Monday inauguration.
WTI extends downside to near $75.00 amid uncertainties
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $75.00 on Thursday. The WTI price extends its decline to a fresh one-week low as traders assess how US President Donald Trump’s proposed tariffs could affect the global energy demand and economy.
Analyst downgrades Reddit stock to Neutral on balanced risk-reward profile
Investing.com -- Roth MKM reduced its Reddit stock rating to Neutral from Buy on Wednesday, while lifting the price target to $195 from $116, due to a more balanced near-term risk-reward profile at current valuation.Investing.com
Jan 23, 2025
BlackRock is back – buys Bitcoin worth $600M
BlackRock, the world’s largest asset management firm, reportedly purchased $600 million worth of Bitcoin on January 22. This marks its largest acquisition of the crypto this year. The recent BTC acquisition was spotted by blockchain analytics platform Arkham Intelligence.Evercore adds UPS stock to Tactical Outperform list on improving data
Investing.com -- Evercore ISI added United Parcel Service Inc (NYSE:UPS) stock to its Tactical Outperform list and updated its outlook ahead of the company's fourth-quarter 2024 earnings report and full-year 2025 guidance, scheduled for January 30.Investing.com
Jan 23, 2025
Ford downgraded at Barclays on elevated volume headwinds
Investing.com -- Barclays downgraded Ford Motor (NYSE:F) to Equal Weight from Overweight in a note Wednesday, citing concerns about elevated volume headwinds and uncertainty surrounding the automaker's 2025 earnings outlook.Investing.com
Jan 23, 2025
How many people made money from the TRUMP coin: On-chain statistics
Nansen on-chain data revealed that some investors made nearly 19,000% gains from the TRUMP memecoin in the wake of Trump’s inauguration on Monday. Data also identified that 33 addresses lost around $10M after exiting their positions early.Coinbase rejects Bit Global lawsuit, calls Justin Sun a ‘risk’
Coinbase moved ahead to dismiss the lawsuit launched by Justin Sun-linked Bit Global regarding the delisting of Wrapped Bitcoin (wBTC). Back in November 2024, the United States’ biggest crypto exchange first announced that it was removing wBTC, then went on to tease its own wrapped Bitcoin cbBTC.USD/JPY: To trade in a range between 155.00 and 156.00 – UOB Group
US Dollar (USD) is likely to trade in a range between 155.00 and 156.00. In the longer run, despite no pickup in downward momentum, there is a chance for USD to drop further to 154.40, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.Fxstreet
Jan 22, 2025
Trump aims to unify TradFi and crypto regulation: Franklin CEO
Franklin Templeton CEO, Jenny Johnson, predicted in a Jan. 21 interview with Bloomberg that Trump will begin working towards clearer digital asset regulation in the US by integrating the traditional finance (TradFi) space with the digital asset sector.Featured Tools
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