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Pound Sterling slumps as UK GDP, factory output unexpectedly contract in October

The Pound Sterling (GBP) falls sharply against its major peers on Friday after the United Kingdom (UK) Office for National Statistics (ONS) reported that monthly Gross Domestic Product (GDP) and factory data surprisingly contracted in October.

Fxstreet

Dec 13, 2024

Cumulative Bitcoin Volume Hits $131 Trillion—But How Much Of It Is ‘Real’ Transfers?

The on-chain analytics firm Glassnode has revealed how much of the total cumulative Bitcoin volume reflects ‘real’ transactions. Entity-Adjusted Approach For Bitcoin Vo

Bitcoinist

Dec 13, 2024

ECB's Villeroy: There will be further rate cuts

In an interview with BFM business radio on Friday, European Central Bank (ECB) policymaker Francois Villeroy de Galhau said that there will be further rate cuts, per Reuters.

Fxstreet

Dec 13, 2024

Texas House Unveils Bill To Create a Strategic Bitcoin Reserve

On Thursday, the Texas House of Representatives took a significant step toward integrating cryptocurrency into state financial strategy by introducing a bill aimed at establishing a strategic Bitcoin reserve.

Bitcoinist

Dec 13, 2024

ECB’s Muller: Temporary ups and downs on inflation are inevitable

European Central Bank (ECB) policymaker Madis Muller said on Friday that “temporary ups and downs on inflation are inevitable.”

Fxstreet

Dec 13, 2024

Bitcoin Hashrate Inches Back To All-Time High As BTC Reclaims $100,000

On-chain data shows the Bitcoin Hashrate has been on the rise recently, an indication that the miners are expanding their mining farms.

Bitcoinist

Dec 13, 2024

USD/INR maintains position near fresh highs due to a stronger US Dollar

The Indian Rupee (INR) extends losses for the second successive session, hovering near fresh record lows on Friday.

Fxstreet

Dec 13, 2024

Cardano (ADA) Uptrend Faces Hurdles: Will Bulls Break the Barrier?

If Cardano’s price fails to climb above the $1.180 resistance level, it could start another decline.

NewsBTC

Dec 13, 2024

SEC preparing more charges against Elon Musk, probing Neuralink

The Securities and Exchange Commission is preparing more charges against Elon Musk and is also probing Neuralink, according to a letter from Musk’s lawyer which the Tesla Inc (NASDAQ:TSLA) Chair posted on X.

Investing.com

Dec 13, 2024

Gold price trades with positive bias; remains below $2,700 on Fed rate cut expectations

Gold price (XAU/USD) attracts some dip-buyers during the Asian session on Friday and reverses a part of the previous day's profit-taking slide from a five-week high, around the $2,726 area.

Fxstreet

Dec 13, 2024

China sentiment improves amid stimulus talk, but Morgan Stanley still cautious

Investing.com-- Sentiment towards Chinese stock markets had improved in recent signals after the government provided more verbal signals on stimulus, although Morgan Stanley (NYSE:MS) recommended seeking more clarity on policy execution.

Investing.com

Dec 13, 2024

WTI consolidates around $69.65-$69.70 area, below monthly peak set on Thursday

West Texas Intermediate (WTI) US Crude Oil prices struggle to gain any meaningful traction during the Asian session on Friday and remain on the defensive below the monthly top, around the $70.30 area touched the previous day.

Fxstreet

Dec 13, 2024

Apple nears switch from Broadcom chips; eyes in-house launch next year: Bloomberg

Investing.com -- Apple Inc is set to replace Broadcom components with its own in-house chip for Bluetooth and Wi-Fi connections starting next year, Bloomberg reported Wednesday, citing people familiar with the matter.

Investing.com

Dec 13, 2024

Why Riot Platforms Stock Blasted Nearly 5% Higher on Thursday

News of a prominent investor's entry into Riot Platforms (NASDAQ: RIOT) juiced the cryptocurrency miner and investor's stock on Thursday. Eager investors piled into its shares, sending their value almost 5% higher on the day.

The Motley Fool

Dec 13, 2024

Google and Harvard debut dataset with 1m public domain books for AI training

Harvard University, in conjunction with Google, has released a dataset of a million public domain books to train the next generation of AI.

Cryptopolitan

Dec 13, 2024

GBP/USD breaks down as Pound bulls roll over

GBP/USD lost its grip on Thursday, easing back below the 1.2700 handle and shedding over half of a percent in the pair’s worst showing in weeks. US Producer Price Index (PPI) inflation rose faster than expected in November, and US weekly Initial Jobless Claims also rose faster than forecasts.

Fxstreet

Dec 13, 2024

India's longest bull market has more room to run - Morgan Stanley

Investing.com -- India's stock market has entered its longest bull run, surpassing the 2003-08 rally in duration but have delivered only a third of its cumulative returns.

Investing.com

Dec 13, 2024

MicroStrategy wins Bitcoin miners’ approval for convertible note strategy

Bitcoin miners are taking notes, literally, from MicroStrategy’s aggressive financial strategy. Riot Platforms and MARA Holdings are now following the playbook, issuing convertible notes to buy Bitcoin.

Cryptopolitan

Dec 13, 2024

Bitcoin Large Players Hold 3.867M BTC – Metrics Reveal Whales Keep Growing

Bitcoin has experienced significant volatility in recent weeks, struggling to maintain its position above the $100,000 mark after breaching it last week.

Bitcoinist

Dec 13, 2024

Why Intel Stock Is Gaining Today

Intel (NASDAQ: INTC) stock is climbing in Thursday's trading. The semiconductor company's share price was up 3.1% as of 3:15 p.m. ET. Meanwhile, the S&P 500 index and the Nasdaq Composite index were both down 0.5%.

The Motley Fool

Dec 13, 2024

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