News
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Cryptocurrencies
Ripple Price Forecast: XRP uptrend targeting $3 at risk amid declining network activity, whale holdings
Ripple's (XRP) price faces growing downside risks while hovering at around $2.33 at the time of writing on Wednesday. Its suppressed price action in the last three days reflects range consolidation in the broader cryptocurrency market, even as Bitcoin (BTC) closes in on all-time highs.
Fxstreet
Wed, May 21
Stocks
Medtronic falls as co to separate diabetes business
** Shares of medical device maker Medtronic MDT.N down 2.1% at $84.55 premarket** MDT says it plans to separate its diabetes business into a standalone company within 18 months** The new company, led by the head of Medtronic's diabetes division, will have around 8,000 employees** The separation ...Reuters
Wed, May 21
Stocks
UnitedHealth Group shares drop on report of secret nursing home payments
Investing.com -- UnitedHealth Group shares fell more than 6% premarket on Wednesday following a Guardian investigation that claimed the healthcare giant secretly paid nursing homes bonuses to reduce hInvesting.com
Wed, May 21
Other
Gaza still waiting for aid as pressure mounts on Israel
Israel says almost 100 trucks have entered GazaGaza bakers say they are still waiting for flourOpposition leader says Israel risks becoming a pariahBy Nidal al-Mughrabi and James Mackenzie CAIRO/JERUSALEM, May 21 (Reuters) - Palestinians in Gaza were left waiting for the promised arrival of food ...Reuters
Wed, May 21
Cryptocurrencies
Bitcoin Price Forecast: BTC open interest hits new all-time high, echoing pre-ATH rally setup
Bitcoin (BTC) price stabilizes above $106,000 on Wednesday, a few inches away from its all-time high (ATH) of $109,588 set on January 20. BTC’s Open Interest (OI) has surged to a new record high of $75.14 billion, mirroring the setup of previous bullish cycles.
Fxstreet
Wed, May 21
Other
Malaysia government not involved in local AI project involving Huawei chips
KUALA LUMPUR, May 21 (Reuters) - Malaysia's government did not develop, coordinate or endorse an artificial intelligence project involving a local company and Huawei Technologies, its trade ministry said in a statement on Wednesday, backtracking on a previous announcement. The statement followed...Reuters
Wed, May 21
Cryptocurrencies
Pepe raste 60%: Koji memecoin će biti sljedeći 100x u ovom bull runu – Pepe ili BTC Bull?
Kako Pepe bilježi rast od 63% zahvaljujući obnovljenom tržišnom entuzijazmu, ulagači sada usmjeravaju pažnju na BTC Bull kao potencijalni sljedeći memecoin koji bi mogao ostvariti 100x rast tijekom ovog bull runa. Pepe (PEPE) je zabilježio snažan rast od 63% u proteklom tjednu, nadmašivši veći dio k...Bitcoinist
Wed, May 21
Stocks
Where Will Duolingo Be in 1 Year?
Language-learning leader Duolingo (NASDAQ: DUOL) is soaring on the wings of a green owl.The company's gamified online education services are drawing in tons of active users, assisted by a large cast of cartoon-style characters. The recent first-quarter report showed 130 million monthly active users ...The Motley Fool
Wed, May 21
Cryptocurrencies
Unicoin Accused of $110M Fraud – What Best Altcoins to Buy Instead?
The US Securities and Exchange Commission (SEC) has filed fraud charges against Unicoin and three of its senior executives over allegedly misleading 5K+ investors. According to the charges, the project promised that its token would be backed by billions worth of international real estate holdings. I...Bitcoinist
Wed, May 21
Stocks
Is BigBear.ai Stock a Buy Now?
BigBear.ai (NYSE: BBAI), a developer of AI modules for edge networks, went public by merging with a special purpose acquisition company (SPAC) on Dec. 7, 2021. Its stock started trading at $9.84 the next day and closed at a record high of $12.69 on April 13, 2022.Investors were initially impressed b...The Motley Fool
Wed, May 21
Cryptocurrencies
Best Crypto to Buy as NYC Goes All-In on Blockchain and Bitcoin Eyes New ATH
Crypto just got a major spotlight in America’s biggest city. New York City Mayor Eric Adams has launched a new crypto advisory council and hosted the city’s first-ever Crypto Summit. From blockchain-powered tax systems to ending the controversial BitLicense, NYC is flirting with the idea of becoming...Bitcoinist
Wed, May 21
Other
Frustrated Porsche investors call for CEO Blume to drop dual Porsche-VW role
Porsche faces sales drop in China, tariff issues in U.S.Investors demand swift action to address struggles FRANKFURT, May 21 (Reuters) - Investors called upon Porsche CEO Oliver Blume, who also heads parent company Volkswagen, to drop one of his roles on Wednesday as weakness in China and tariff-...Reuters
Wed, May 21
Stocks
BofA sees rising China risk for EU tech firms as domestic shift deepens
Investing.com -- European tech companies face mounting risks from China’s accelerating push for self-sufficiency, according to a new note from Bank of America (NYSE:BAC) on Wednesday.With China accounInvesting.com
Wed, May 21
Forex
JPY showing impressive gains vs. USD – Scotiabank
Japanese Yen (JPY) is entering Wednesday’s NA session with an impressive 0.4% gain vs. the US Dollar (USD), a mid-performer among the G10 in an environment of broad-based USD weakness, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Wed, May 21
Indices
US Dollar weakens for third straight day as US fiscal concerns linger
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, slips for a third consecutive day on Wednesday as markets brace for another playing field of geopolitical tensions.Fxstreet
Wed, May 21
Cryptocurrencies
Bitcoin 180-Day Range Compressed For 3rd Time This Cycle: What Could Follow Next?
An analyst has pointed out how Bitcoin has seen its range compress recently. Here’s what could happen next, according to past pattern. Bitcoin Has Seen Its 180-Day Range Tighten Up Recently In a new post on X, CryptoQuant author Axel Adler Jr has talked about how compression has recently been ...Bitcoinist
Wed, May 21
Forex
GBP trades to fresh multi-year high – Scotiabank
Pound Sterling (GBP) is entering Wednesday’s NA session with a 0.1% gain again the US Dollar (USD) but losses against most of the remaining G10 currencies, trading erratically in response to the release of stronger than expected inflation data, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Wed, May 21
