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Cryptocurrencies
Strive Eyes Bitcoin With $750 Million Ammo In Hand
Strive Asset Management, led by entrepreneur Vivek Ramaswamy, has moved to build a big Bitcoin stockpile. They just lined up $750 million in private backing. There’s a plan to raise up to $1.5 billion if warrants get exercised. It’s a bold step that puts them in the club of top treasury buyers. Rela...Bitcoinist
Thu, May 29
Cryptocurrencies
Shiba Inu Trapped Inside Triangle: 17% Move Incoming?
An analyst has pointed out that Shiba Inu is currently trading within a triangle pattern, which could set up a 17% move for the memecoin. 4-Hour Price Of Shiba Inu Has Been Consolidating Inside A Triangle Recently In a new post on X, analyst Ali Martinez has talked about a pattern that has been form...NewsBTC
Thu, May 29
Commodities
Gold price seems vulnerable below $3,300 amid tariffs news, stronger USD
Gold price (XAU/USD) touched a one-and-a-half week low, around the $3,246-3,245 area during the Asian session on Thursday in reaction to the news that a federal court blocked US President Donald Trump's trade tariffs from going into effect.
Fxstreet
Thu, May 29
Stocks
BREAKINGVIEWS-Why the dollar’s wobble could be self-perpetuating
By Liam Proud LONDON, May 29 (Reuters Breakingviews) - Foreign currency hedging is not a topic that usually dominates the water-cooler chats on trading floors. Right now, however, it’s front of mind for many of the biggest players in financial markets. The U.S. dollar’s unusual moves in April, w...Reuters
Thu, May 29
Stocks
Valuations, global growth risks keeping BofA cautious on India stocks near term
** BofA Global Research cautious on Indian equities for the near term on concerns over valuations and global growth risks** "Valuations seem full and markets are ignoring risks of likely slowing global growth," the brokerage said in a report** However, it remained optimistic on India's l...Reuters
Thu, May 29
Other
BREAKINGVIEWS-Private credit's deal desperation lands in India
By Shritama Bose MUMBAI, May 29 (Reuters Breakingviews) - India’s largest-ever private credit deal is a prime example of investors having capital burning a hole in their pockets. Struggling conglomerate Shapoorji Pallonji Group has just sold a 298 billion rupees ($3.5 billion) bond to a group inc...Reuters
Thu, May 29
Stocks
INSTANT VIEW-Markets cheer court ruling to block Trump tariffs
SINGAPORE, May 29 (Reuters) - U.S. stock futures jumped and the dollar gained against safe-haven peers including the yen and Swiss franc on Thursday, after a U.S. federal court blocked President Donald Trump's "Liberation Day" tariffs from going into effect.The Trump administration has a...Reuters
Thu, May 29
Economic Indicator
South Korea's trade surplus with U.S. will shrink, exporters say
SEOUL, May 29 (Reuters) - South Korea's record-high trade surpluses with the United States will gradually narrow as companies continue to invest in the U.S. market, the country's biggest exporter group said on Thursday. "There is a high possibility of trade imbalances between South Korea...Reuters
Thu, May 29
Cryptocurrencies
Cardano (ADA) Capped Below Resistance — Will Buyers Regain Control?
Cardano price started a fresh decline below the $0.80 zone. ADA is now consolidating and might aim for a recovery above $0.780. ADA price started a fresh decline below $0.80 and $0.780. The price is trading above $0.750 and the 100-hourly simple moving average. There was a break above a bearish tren...NewsBTC
Thu, May 29
Other
PRESS DIGEST- New York Times business news - May 29
May 29 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- A U.S. trade court blocked President Donald Trump's tariffs from going into effect in a sweeping ruling that found the preside...Reuters
Thu, May 29
Stocks
INDIA STOCKS-IT stocks lead India's equity benchmarks higher after US tariff ruling
By Bharath Rajeswaran and Vivek Kumar M May 29 (Reuters) - Indian shares climbed on Thursday, led by information technology stocks, as investors cheered a U.S. trade court's decision to block most of President Donald Trump's proposed "Liberation Day" import duties.The Nifty 50 .NS...Reuters
Thu, May 29
Forex
NZD/USD attracts some sellers below 0.5950 as US court blocks Trump's reciprocal tariffs
The NZD/USD pair weakens to near 0.5935 during the early Asian trading hours on Thursday bolstered by a firmer US Dollar (USD). The renewed trade tensions between the United States (US) and China weigh on the China-proxy Kiwi.
Fxstreet
Thu, May 29
Other
Faraday Future Intelligent Electric Says Stockholders Approve Proposals To Enhance Financial Stability And FX Vehicle Production
May 29 (Reuters) - Faraday Future Intelligent Electric Inc FFAI.O:FARADAY FUTURE INTELLIGENT ELECTRIC INC - STOCKHOLDERS APPROVE PROPOSALS TO ENHANCE FINANCIAL STABILITY AND FX VEHICLE PRODUCTIONFARADAY FUTURE INTELLIGENT ELECTRIC INC - 29% INCREASE IN AUTHORIZED SHARES APPROVEDFARADAY FUTURE INTELL...Reuters
Thu, May 29
Technical Analysis
Top 3 meme coins: Dogecoin, Shiba Inu, and Pepe – DOGE, SHIB and PEPE stabilize around key levels
Dogecoin (DOGE) and Shiba Inu (SHIB) prices are finding support around their key levels on Thursday, eyeing a short-term recovery. Meanwhile, Pepe (PEPE) displays a bearish divergence on the momentum indicators, indicating a potential trend reversal.
Fxstreet
Thu, May 29
