HOUSTON — During a late night at home in May 2021, Hy Luu, a 29-year-old engineering consultant, was researching how to obtain more capital to invest in shares of Tesla.
Bitcoin tanked from $87,000 to under $81,000 in just a few days and dragged almost all altcoins with it. As typically happens, those with over-leveraged positions got the worst of it, as the excessive open interest was …
Anthropic has raised eyebrows by announcing it will ban users from "sustained and needless" abusive behaviour towards its AI.
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Cardano founder Charles Hoskinson on October 9 rejected Vitalik Buterin’s warning that AI-accelerated math could weaken lattice-based cryptography.
Former International Criminal Court judge Navanethem "Navi" Pillay was awarded the Nobel Peace Prize on Friday for her work promoting peace and international law.
Gold (XAU/USD) trades on the front foot on Friday but struggles to extend its advance as the US Dollar (USD) and US Treasury yields show signs of stabilisation following Thursday’s sharp pullback. At the time of writing…
Brent crude prices fell on Friday as president Donald Trump promised not to attack Iran ahead of the US midterm elections in November
The Australian Dollar (AUD) is up 0.3% at around 0.6980 against the US Dollar (USD) during the European trading session on Friday. However, the pair is struggling to extend gains beyond 0.6990.
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The euro has taken a proper beating, but at 1.1200 the trade is starting to look less like a free-fall and more like a market that now needs another reason to keep selling.
Spot gold was up 1.3% at $4,174.21 per ounce at 1241 GMT, after hitting its highest since June 23. Bullion held above its 21-day moving average and is up over 2% for the week so far.
United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann note that USD/CHF shows slightly increased downside momentum, with scope to test 0.8290 but limited odds of a sustained break lower. For the coming days…
The University of Michigan (UoM) will release the preliminary estimate of the United States (US) October Consumer Sentiment Index on Friday. The UoM report, which analyses US consumers’ feelings about their personal fin…
MUFG's Derek Halpenny highlights Europe's economic resilience following Germany's upward Gross Domestic Product (GDP) growth revisions but warns that potential European Union (EU) import restrictions and additional tari…
It was just several days ago, on Monday morning, when bitcoin last challenged the $87,000 resistance, with analysts outlining the next major targets of up to $92,000 if it fell.
Gold is on track to hit $7,000 an ounce this year, analysts say, after it held above $5,000 for a second day amid persisting geopolitical and economic uncertainty.
Statistics Canada will release its September Labour Force Survey on Friday, with markets anticipating a modest recovery in employment following August's sharp decline. The report takes on particular importance as it wil…
The Core Team has finally provided a clear explanation of how stablecoins could be integrated into the broader ecosystem following the major partnership with Open Standard announced last week.
After posting massive gains in September, Ethereum has returned to roughly its price level from a month ago. This comes amidst a broader market correction that has erased more than $110 billion from the total market cap…
At the turn of the year 2025-26, economic growth surprised on the upside while financial market sentiment remained strong despite high uncertainty. The war in the Middle East is now putting this resilience to the test. …
The metal opened the year at $28.92 and ended just below $72 per ounce, marking an annual gain of approximately 144% — silver’s sharpest calendar-year advance since 1979. That move shattered a decade-long ceiling near $…
Artificial intelligence (AI) data centre company Firmus has scrapped its plans for what would have been one of Australia's biggest-ever stock market listings.
S&P 500 finished the day lower but remains above the 10-day exponential moving average, so nothing material has changed for the index at this point. A break below that average could signal a shift in the recent trend an…
Billionaire investor Ray Dalio warned on Thursday that stocks face mounting pressure from rising bond yields and the prospect of weaker corporate cash flows, even as earnings continue to grow.
Licensed EU crypto firms have until early January 2027 to wind down services for stablecoins that fail MiCA, the European Securities and Markets Authority (ESMA) said on Thursday.
