German GDP declines 0.2% QoQ in Q4 vs. -0.1% anticipated. Annual German GDP contracts 0.2% in Q4 vs. 0% estimate. EUR/USD stays defensive following the downbeat German Q4 GDP report. The German economy contracted by 0.2% over the quarter in the fourth quarter of 2024, following a 0.1% expansion in the third quarter, according to … Read more
A Chinese court found BKEX’s crypto contract trading functioned as illegal gambling, sentencing employees to prison for facilitating unauthorized betting.
Tesla has reported a $600 million gain from its Bitcoin holdings in the fourth quarter of 2024, benefiting from new accounting standards that allow companies to record the market value of digital assets on their books. According to Tesla’s Q4 2024 earnings report, released on 29 January 2025, the company valued its Bitcoin holdings at … Read more
Maker (MKR) price is making waves as it trades around $1,131.62, down 0.49% in the last 24 hours and 8.52% in the last week. At the time of writing, the token carries a market cap of $1 billion and a circulating supply of 886.97K MKR. According to technical analysis, the token can soon rise steadily … Read more
The FOMC unanimously held interest rates unchanged at 4.25%-4.50%. Powell said policymakers are in no hurry to lower rates. The U.S. Federal Reserve kept the interest rates unchanged on Wednesday, maintaining the benchmark lending rate within the range of 4.25% to 4.50%. Fed Chair Jerome Powell underlined that the policymakers are in no rush to … Read more
The dialogue around XRP Ledger ($XRP), as a potential investment in cryptocurrency, has been amping up, with some investors and analysts becoming more vocal about their long-term bullish takes. Supporters of XRP now frequently highlight its so-called utility in the world of “tradfi,” or traditional finance, as something that could make it a very valuable … Read more
BTC price upside hurdles appear to tumble as Bitcoin trader optimism makes a firm comeback at $105,000.
WTI price faces challenges as traders adopt caution amid rising uncertainty over US trade policy. Trump’s commerce secretary nominee Howard Lutnick suggested that Canada and Mexico could avoid tariffs. Oil prices struggled as the EIA reported a 3.463 million-barrel increase in US stockpiles for the previous week. West Texas Intermediate (WTI) crude Oil price continues … Read more
Bitso, the Latam-focused cryptocurrency exchange, has launched a stablecoin startup accelerator program. ‘The Push’ will support five stablecoin projects based in or planning to establish themselves in Latam, providing each with $250K to capitalize on the growing popularity of stablecoins in the region. Bitso to Support Stablecoin Innovation in Latam With ‘The Push’ With the … Read more
DeepSeek has demonstrated the potential to develop cutting-edge AI models with significantly lower resource requirements compared to major players like OpenAI.