Bitcoin has gained almost 23% over the past month, but a few choppy sessions briefly dragged the asset below $76,500. BTC has since stabilized above $77,700 following a minor 1.4% surge on Thursday.
Nvidia has officially agreed to buy open-source artificial intelligence platform Hugging Face for $12.9 billion, as the chipmaker moves beyond hardware and further up the AI stack.
Nvidia has agreed to buy artificial intelligence platform Hugging Face in a deal valued at about $12.9bn (£9.5bn), one of the AI chipmaker's biggest acquisitions as it expands into software.
Canadian Prime Minister Mark Carney on Thursday returned fire after Trump administration Commerce Secretary Howard Lutnick claimed Ottawa tanked trade talks with the U.S. for political purposes.
Bank of England (BoE) Chief Economist Huw Pill reiterated his support for raising the Bank Rate to 4.00%, arguing that policymakers cannot wait for uncertainty surrounding the Middle East conflict and energy prices to r…
The Pound Sterling rises against the US Dollar on Thursday, as Fed Governor Christopher Waller favors holding the rate unchanged, shifting to a more neutral stance regarding monetary policy, while data showed that the U…
USD/CAD extends its decline for the second consecutive day on Thursday as broad US Dollar (USD) weakness and the Bank of Canada’s (BoC) hawkish message at its September policy meeting support the Canadian Dollar (CAD). …
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Core International Aggregate Bond ETF, which added 9,750,000 units, or a 4.3% i…
After a few days of suppressed price action, the crypto market is on the move again, with bitcoin leading the pack with a surge past $80,000 for the first time in a week.
Scotiabank’s Global FX Strategy team reports the British Pound (GBP) is flat versus the US Dollar (USD) but softer on crosses, with UK PMI data offering little new insight. Markets price minimal tightening for the Septe…
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the First Trust Dow Jones Select Microcap Index Fund (Symbol: FDM) where we have detected an …
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P 500 High Beta ETF (Symbol: SPHB) where we have detected an approximate $122.7…
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Fidelity Momentum Factor ETF (Symbol: FDMO) where we have detected an approximate $121.8 …
USD/JPY extends its decline for a second consecutive day and trades around 155.40 on Thursday at the time of writing, down 2.07% on the day. The pair comes under strong selling pressure as the Japanese Yen (JPY) benefit…
Bitcoin is holding above $78K after a sharp recovery from the $60K area, but the latest price action suggests that buyers have yet to secure a decisive breakout above the upper resistance levels. At the same time, the e…
XRP is consolidating after its sharp late-August breakout, with the price now hovering close to $1.40. The charts suggest that the broader structure has improved considerably, but the token remains trapped beneath a maj…
Fed chairman Kevin Warsh used his speech in Wyoming to lay out a firmer, more hawkish case on inflation than markets had heard from him before. The shift now puts more distance between where US rates might be headed and…
The native token of Pi Network has rebounded from its all-time low set earlier this summer, and many market observers now anticipate further gains in the near future.
Arthur Hayes, the chief investment officer of crypto family office Maelstrom, said in an essay published Thursday that traders should stop paying attention to Fed Chair Kevin Warsh’s hawkish comments and instead watch t…
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