Category Archive: Finance, No picture
Precious Metals Weekly Analysis
Gold prices rose last week from USD $2,643 to $2,697/oz, and silver increased from $31.50 to $32.60, driven primarily by geopolitical uncertainties following Assad’s departure from Syria, which boosted gold’s safe-haven appeal.Conversely, global gold ETFs saw $2.1 billion in outflows in November, with European ETFs accounting for most of the decline. The North American ETF […]
Ripple’s RLUSD stablecoin receives final NYDFS approval
Key Takeaways Ripple received final approval from NYDFS for its RLUSD stablecoin, a significant regulatory milestone. RLUSD will be backed by US dollar deposits, short-term US government treasuries, and other cash equivalents. Share this article Ripple has received final approval for its stablecoin, RLUSD, from the New York Department of Financial Services, as confirmed by […]
Kia Stock Price Analysis: Is It Insulated From South Korea’s Political Uncertainty?
Image Source: Unsplash Causeway Capital Management remains bullish on Kia Corp (KRX: 000270) despite the ongoing political uncertainty.In fact, shares of the automotive giant are its largest active South Korean holding at writing.President Yoon Suk Yeol declared an emergency martial law in South Korea last week that the country’s lawmaker voted to overturn within a matter of hours.While […]
Crypto Market Hit Hard With $1.7 Billion Liquidated, Largest Event Since 2021
Image Source: Unsplash The broader crypto market experienced a major crash on December 9. While the Bitcoin price dropped from $101,109 to as low as $94,150, marking a -7% decline, the altcoin market suffered significantly more severe losses. Ethereum fell by as much as -12% at one point, XRP by -22%, Solana by -15%, Cardano by […]
Italy’s government to drop plans to implement a 42% tax on crypto trading: report
Key Takeaways Italy plans to reduce the proposed crypto capital gains tax from 42% due to industry pushback and political disagreement. An amendment has been proposed to limit the tax increase to 28% instead of the initially planned 42%. Share this article The Italian government will drop plans to increase the tax on crypto capital […]
Microsoft shareholders reject proposal to add Bitcoin to balance sheet
Key Takeaways Microsoft shareholders rejected a proposal to add Bitcoin to its balance sheet. The proposal was declined due to concerns about Bitcoin’s volatility. Share this article Microsoft shareholders voted against a proposal to explore adding Bitcoin to the company’s balance sheet during its annual meeting. The proposal, introduced by the National Center for Public […]
DWF Labs launches $20 million AI agent fund
Key Takeaways DWF Labs has launched a $20 million fund to support AI agent development in the Web3 space. The fund offers up to $100,000 in cloud credits and aims to integrate AI applications into decentralized networks. Share this article DWF Labs, a leading market maker and investor in the digital economy, has introduced a […]
Why O.XYZ believes the journey towards true AI privacy is a much bigger task than we think
Share this article By Ahmad Shadid, Founder of O.XYZThere’s no doubt that we’re seeing unparalleled advancements in artificial intelligence, but beneath all this progress lies an unsettling reality: AI, as we know it, is far from private.Dominated by a handful of centralized powerhouses—our AI landscape revolves around the proprietary models of Google, Microsoft, Amazon, Meta, […]
Microsoft shareholders to vote on Bitcoin investment proposal in an hour, what we should expect?
Key Takeaways Polymarket traders anticipate that Microsoft shareholders are unlikely to support the Bitcoin investment proposal. If approved, a 1% allocation to Bitcoin would make Microsoft the 10th largest public company holding Bitcoin. Share this article Microsoft’s shareholder vote on the Bitcoin investment proposal is approaching, but prediction market traders see only a small chance […]
The Energy Report : Mysterious China
Oil prices rose yesterday on Middle East uncertainty after the fall of Bashar al-Assad in Syria as well as expectations that China will stimulate their economy with lower interest rates thereby increasing oil demand.The Red Dragon is a mysterious place but mostly because of its crazy energy demand. More predictions of peak Chinese oil demand […]
