Dow futures pointed lower ahead of Friday’s CPI inflation report, setting up a tense open after a bruising tech-led selloff the prior session. The trend was similar across the futures of all indices as S&P 500 futures slid 0.41% to 6,822 and Nasdaq-100 futures eased 0.55% to 24,630, and Dow futures slipped over 200 points
The broader cryptocurrency market is having a mixed performance on Friday, with most leading cryptocurrencies currently in the red. However, POL, the native coin of the Polygon blockchain, is one of the best performers in the market. It has added 3.5% to its value over the last 24 hours and could be set for a
Bitcoin’s latest bout of selling has a different feel. Instead of the usual crypto stress signals, panic from small investors, a wave of forced liquidations, or miners dumping coins to pay bills, this time the pressure looks more like portfolio housekeeping by institutions. As US rate expectations swing and cross‑asset volatility climbs, professional allocators are
Coinbase stock price continued its freefall this week as the crypto exchange released its financial results. COIN plunged to a low of $141 on Friday, its lowest level since February 2024. It has plunged by 68% from its all-time high. Coinbase business deteriorated in the fourth quarter The COIN stock price remained under pressure after
Kalshi is moving into the sports insurance sector through a partnership with specialist broker Game Point Capital, signalling a shift in how insurers hedge financial exposure tied to sports performance. The regulated prediction market exchange is positioning itself within a fast-growing industry valued at around $9 billion annually and expected to double by 2030. The
Bitcoin, Ether, and XRP are in the green as the broader cryptocurrency market has performed positively since Wednesday, following a poor start to the week. XRP, the native coin of the Ripple ecosystem, is up 1% in the last 24 hours and is now trading at $1.38. Despite its slight rally, the coin has underperformed
India is reportedly withdrawing from a major lithium extraction project in Mali, a decision driven primarily by escalating security risks and political instability within the West African nation. The project is notable for its backing by Russia’s state nuclear corporation, Rosatom, adding a geopolitical layer to India’s concerns. This withdrawal underscores New Delhi’s strategy to
The cryptocurrency market has turned green following a poor start to the week. Bitcoin and Ether are up 1% and 2% respectively over the last 24 hours. ADA, the native coin of the Cardano blockchain, is up 5% during that period, making it the second-best performer among the top 20 cryptocurrencies by market cap. ADA’s
Singapore is accelerating its artificial intelligence strategy with sweeping measures aimed at reshaping businesses, upgrading worker skills, and strengthening financial markets. Presenting the national Budget on Thursday, Prime Minister Lawrence Wong announced a national AI council, new tax incentives, workforce programmes, and expanded access to AI tools. The initiatives reflect a coordinated effort to embed
Restaurant Brands International delivered stronger-than-expected quarterly earnings and revenue as Burger King’s international business gained momentum and helped offset weaker performance in parts of its portfolio. The fast food group, which also owns Tim Hortons and Popeyes, reported solid global sales growth even as overall profit declined from a year earlier. International expansion, especially in