Economy

Economy
Economy

US private sector adds 41,000 jobs in December, ADP shows

Private sector job creation turned positive in December, though hiring came in slightly below expectations, according to data released Wednesday by payrolls processor ADP. Companies added 41,000 jobs during the month, reversing a revised loss of 29,000 in November and offering a modest boost to confidence in a labour market that softened toward the end

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Economy

XRP’s rally could extend to $2.5 amid ETF inflow: Check forecast

The cryptocurrency market has continued its bullish start to the week, with Bitcoin trading above $93,500. Ether, the second-largest cryptocurrency by market cap, is also trading above $3,200 after adding 3% to its value. However, Ripple’s XRP is the best performer among the top 10 cryptocurrencies by market cap as it is up by nearly

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Economy

BitMEX launches Equity Perps for 24/7 trading of US stocks using crypto collateral

BitMEX has expanded its derivatives offering with the launch of Equity Perps, a new product that allows traders to gain exposure to major US stocks and equity indices using cryptocurrency as collateral. The move marks a notable step for the exchange, which has traditionally focused on crypto-native markets, and reflects growing interest in bridging digital

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Economy

Solana hits $139 as ETF inflows and on-chain data turn bullish

Solana continues to extend its gains after rallying over the past few days. At the time of writing on Tuesday, SOL is trading above $137, up by more than 7% in the last seven days. The rally is fueled by institutional demand for SOL as spot exchange-traded funds (ETFs) recorded positive flows of more than

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Economy

Tilray stock forms a risky pattern: Jan. 8 will be key

Tilray stock price has been highly volatile in the past few months as investors focused on Donald Trump’s cannabis reclassification efforts and its implications. It surged from $3.59 in June to a high of $23.16 in October.  The stock then tumbled by 70% to $6.85 in December, then popped to $15.68 in the same month.

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Economy

South Korea weighs preemptive freezes on suspicious crypto accounts

South Korea’s Financial Services Commission (FSC) is reviewing a proposal to allow preemptive account freezes. According to local sources, the proposal defines a system referred to as “payment suspension” that would enable authorities to block suspicious crypto transactions before illegal gains can be moved or hidden. The move is intended to address the unique challenges

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Economy

InPost jumps 20% on takeover interest as analysts highlight UK expansion, valuation upside

Shares in parcel locker operator InPost surged more than 21% on Tuesday after the company said it had received an indicative proposal for the potential acquisition of all its shares, sparking speculation about a possible takeover of one of Europe’s largest automated delivery networks. The company did not disclose the identity of the party behind

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Economy

Israel tests investor appetite with first Eurobond sale since Gaza ceasefire

Israel has reportedly returned to international debt markets with a new multi-tranche Eurobond sale, marking its first global fundraising effort since the Gaza ceasefire nearly three months ago. The issuance comes after an extended period in which the government relied heavily on domestic borrowing to fund elevated defence and security spending during the war. The

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Economy

Morgan Stanley looks to join crypto ETF race with Bitcoin and Solana products

Morgan Stanley has taken another step into the fast-moving crypto investment market by filing paperwork to launch two spot exchange-traded funds tied to digital assets. Today, on January 6, the Wall Street bank submitted an S-1 registration to the US Securities and Exchange Commission for a Bitcoin ETF and, separately, for a Solana ETF. The

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Economy

CertiK and YZi Labs join forces with $1M security fund for early-stage founders

CertiK, the world’s largest blockchain security provider, and YZi Labs, the freshly independent venture arm formerly known as Binance Labs, announced a $1 million audit grant initiative for the participants in the “EASY Residency Incubation Program.” The partnership targets founders still burning through early-stage funding, offering them free security audits through CertiK’s platform. It’s a

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