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Nvidia CEO says its advanced packaging technology needs are changing
TAICHUNG, Taiwan, Jan 16 (Reuters) - Nvidia's demand for advanced packaging from TSMC remains strong though the kind of technology it needs is changing, the U.S. AI chip giant's CEO Jensen Huang said on Thursday, after he was asked whether the company was cutting orders.
Reuters
Thu, Jan 16
USD/JPY: BoJ MPC is live – OCBC
USD/JPY fell in reaction to a volley of comments from BoJ officials, that seem to point to high likelihood of a hike at the upcoming MPC (24 Jan). Pair was last seen at 155.82 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note.
USD/JPY
Fxstreet
Thu, Jan 16
CEX Trading Peaks at $11.3T in December. What Crypto to Buy Now?
CCData reports that the centralized exchange (CEX) trading volume hit $11.3T in December, setting a new record with a 7.58% increase from November.
BNB
Bitcoin
Ethereum
Bitcoinist
Thu, Jan 16
WTI trades $78.50 after pulling back from six-month highs
West Texas Intermediate (WTI) Oil price retreats after reaching six-month highs, gaining more than 3%, in the previous session, trading around $78.50 per barrel during the European hours on Thursday.
WTI
Fxstreet
Thu, Jan 16
JPY: BoJ hike speculation continues to build – ING
Another day and another set of source stories ahead of next week's Bank of Japan meeting, ING’s FX analyst Chris Turner notes.
USD/JPY
Fxstreet
Thu, Jan 16
More German companies want to raise prices, Ifo says
BERLIN, Jan 16 (Reuters) - The Ifo price expectations index in Germany rose to its highest level since April 2023 in December, with all economic sectors contributing to the increase, the economic institute Ifo said on Thursday.
EUR/USD
Reuters
Thu, Jan 16
Want a Solid Portfolio in 2025? Try These Top Crypto Picks; Rollblock, Litecoin, Cardano, and Stellar
A diversified crypto portfolio among leading and new crypto assets is essential, especially as the bull market generates momentum. In this article, we’ll look at some top crypto picks that we believe will generate a solid return. Brand new crypto Rollblock will likely be your best bet, but with...
Cardano
Bitcoin
Dogecoin
XRP
Cryptopolitan
Thu, Jan 16
Metals rise on weaker dollar, aluminium up on EU plan to ban Russian metal
SHANGHAI, Jan 16 (Reuters) - Most base metals rose on Thursday as the dollar weakened after soft U.S. core inflation raised hopes that the Federal Reserve could cut interest rates further.
Silver
Gold
Reuters
Thu, Jan 16
Why XRP (Ripple) Is Soaring Today
XRP (CRYPTO: XRP) was flying higher on Wednesday. The cryptocurrency was up 10.97% as of 3:45 p.m. ET. The rise comes as the S&P 500 (SNPINDEX: ^GSPC) gained 1.92% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 2.51%, as of the time of writing.
Bitcoin
Ethereum
XRP
The Motley Fool
Thu, Jan 16
Is Bitcoin’s Upward Cycle Back? Key Insights Into The Latest Recovery
Bitcoin (BTC) has rebounded to trade above $99,000 following its significant dip earlier this week. While the latest US Consumer Price Index (CPI) news appears to have contributed to this quick recovery, it has also drawn attention from analysts, who are closely monitoring key metrics to...
Bitcoin
Shiba Inu
Solana
NewsBTC
Thu, Jan 16
Pound Sterling retraces on slower than projected UK GDP growth, weak factory data
The Pound Sterling faces selling pressure in Thursday’s European session after the release of the United Kingdom's (UK) monthly Gross Domestic Product (GDP) and factory data for November.
GBP/USD
Fxstreet
Thu, Jan 16
Ripple’s Chief Legal Officer says the SEC’s lawsuit is “likely to be abandoned by the next administration”
Stuart Alderoty, Ripple’s CLO, expressed confidence in the dismissal of the U.S. SEC’s lawsuit under the next administration. He added that the politically driven lawsuit was just noise and merely a rehash of already failed arguments.
Bitcoin
Ethereum
XRP
Cryptopolitan
Thu, Jan 16
South Korea considering buying more US oil and gas, industry minister says
Adds background in paragraphs 4-5By Hyunjoo Jin and Emily Chow SEOUL, Jan 16 (Reuters) - South Korea is interested in importing more U.S. oil and gas to diversify energy sources and ensure stable supplies given tensions in the Middle East, the country's industry minister Ahn Duk-geun said on Thur...
Reuters
Thu, Jan 16
Bitcoin Whale Accumulation Intensifies – Data Reveals 100-1K BTC Cohort Drives Market Activity
BTC is attempting to stabilize and build momentum for another rally.
Bitcoin
Bitcoinist
Thu, Jan 16
Ukraine says it downed 34 Russian drones in overnight attack
Ukraine downed 34 out of 55 drones launched by Russia in an overnight attack, the Ukrainian air force said on Thursday, with a further 18 failing to reach their targets, something which usually indicates they were jammed by electronic warfare.
Reuters
Thu, Jan 16
UPDATE 3-TSMC logs record quarterly profit, sees hefty revenue growth in early 2025
TSMC forecasts Q1 revenue of $25-25.8 billion Fourth-quarter profit climbs 57% to a record highSays it has frank communication with current and future US govtsBelieves AI chip curbs on China are a manageable issue for the companyWrites through with comments on US chip policy and progress on fabsBy Y...
Reuters
Thu, Jan 16
Litecoin ETF may be near SEC approval after Canary Funds amends the filing
Canary Capital’s Litecoin ETF could receive the Security and Exchanges Commission’s approval soon.
Litecoin
Cryptopolitan
Thu, Jan 16
Top Analyst Reports Massive Breakout For XRP Price, Eyes $10 As Next Milestone
On Wednesday, the XRP price surged to its highest valuation in seven years, briefly reaching $3.02 and marking a substantial gain of nearly 30% over the past two weeks.
XRP
NewsBTC
Thu, Jan 16
GBP/JPY remains tepid near 190.50 following key economic figures from United Kingdom
GBP/JPY continues to lose ground for the second successive day, trading around 190.60 during the early European hours.
GBP/JPY
Fxstreet
Thu, Jan 16
UPDATE 4-Japan wholesale inflation steady near 4%, BOJ eyes rate hike next week
December wholesale prices up 3.8% yr/yr, matches f'castYen-based import prices rise 1.8% yr/yr in DecemberData adds to growing case for BOJ rate hike next weekUeda says BOJ to debate whether to raise rates next weekMarkets, analysts ramp up bets of January rate hikeAdds market pricing, analyst forec...
Reuters
Thu, Jan 16
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