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Ripple's XRP struggles near $2.58 resistance as investors realize $1.5 billion in profits
Ripple (XRP) is up 3% on Wednesday after witnessing significant profit-taking among its investors following the launch of the RLUSD stablecoin. Whales have soaked up the selling pressure from profit-takers as XRP struggles near the $2.58 resistance level.
Australian Dollar depreciates as US Dollar remains solid ahead of Fed decision
The Australian Dollar (AUD) extends its losses for the second successive session against the US Dollar (USD) on Wednesday. Traders are bracing for a potential 25 basis point rate cut by the US Federal Reserve (Fed) later in the North American session.
Fxstreet
Dec 18, 2024
Bitcoin mining stocks rise after getting a new bull on Street
Investing.com -- Piper Sandler initiated research coverage on Bitcoin miners and crypto infrastructure firms on Monday, including MARA Holdings (NASDAQ:MARA), Riot Platforms (NASDAQ:RIOT), Hut 8 Corp (NASDAQ:HUT), and Galaxy Digital (TSX:GLXY).
Salesforce to hire 2,000 for AI product sales, says CEO Marc Benioff
Salesforce is set to hire 2,000 new salespeople to focus on selling artificial intelligence (AI) products, doubling its initial hiring plans as the company prepares to launch its next-generation AI agent software in February 2025.Cryptopolitan
Dec 18, 2024
Goldman Sachs upgrades SolarEdge to ‘buy’ on recovery hopes
Investing.com -- Goldman Sachs upgraded SolarEdge Technologies Inc (NASDAQ:SEDG) to buy from sell, on early signs of a recovery and the company’s shrink-to-grow restructuring strategy, which is expected to stabilize its balance sheet.Investing.com
Dec 18, 2024
Metaplanet issues 4.5 billion Yen bonds for Bitcoin
Metaplanet Inc., has issued ¥4.5 billion ($30 million) in zero-interest bonds to accelerate its Bitcoin acquisition, strengthening its position as Asia’s largest corporate Bitcoin holder and increasing investors with plans for future bond issuances and Bitcoin-based shareholder rewards.WTI holds below $70.00 as weak Chinese data sparks demand concerns
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.70 on Wednesday. The WTI price edges lower amid the renewed concerns about Chinese demand. Investors remains cautious ahead of the US Federal Reserve (Fed) interest rate decision on Wednesday.
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