Ripple President Monica Long confirmed on January 6 that, despite the long-standing hopes, the cryptocurrency company has no plans to conduct an initial public offering (IPO) in the foreseeable future...
Category: Finance
Live Finance News Updates.
YZi Labs and Certik launch $1M audit grant for EASY residency participants
The family office of Binance CEO Changpeng Zhao and security services firm CertiK have formed a collaboration to improve the security infrastructure of startups participating in the EASY Residency Inc...
Eurozone Prelim HICP rises moderately by 2% in December, as expected
Eurozone flash Harmonized Index of Consumer Prices (HICP) rises at an annualized pace of 2% in December, as expected, slower than 2.1% in November. On a monthly basis, inflationary pressures grew by 0...
EDF Group and droppRWA to explore tokenizing energy sector in KSA
EDF Group International Regional Headquarter (EDF RHQ) and Saudi-based droppRWA Limited have signed an MOU to explore implementing blockchain tokenization solutions in the energy sector in Saudi Arabi...
Eurozone Core Harmonized Index of Consumer Prices (YoY) below expectations (2.4%) in December: Actual (2.3%)
Gold trims a part of its intraday losses, though it retains its negative bias through the first half of the European session on Wednesday and remains well below the $4,500 psychological mark. As inves...
Likely to range-trade between 1.3470 and 1.3535 – UOB Group
Pound Sterling (GBP) is likely to range-trade, most likely between 1.3470 and 1.3535. In the longer run, GBP could rise to 1.3590; the odds of a continued rise above this level are not high. GBP might...
Miran’s dovish call fails to move markets – MUFG
Fed Governor Miran reiterated his call for aggressive rate cuts, but his comments were seen as predictable and had little impact on markets. Attention is shifting to US policy risks, with a potential ...
WTI Oil prices struggle to break above $56.50 amid oversupply concerns
The price of the US benchmark WTI Oil remains pinned near the three-week lows, sub-$56.00 hit earlier on Wednesday, as an unexpected US deal to import Crude from Venezuela has increased market concern...
Ripple shuts door on IPO says it will stay private after $500m raise
Ripple President Monica Long has cited recent success stories of the company, including its financial stability, noting the company plans to expand privately through major acquisitions and new product...
Silver price today: falls on January 7
Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $79.60 per troy ounce, down 2.07% from the $81.29 it cost on Tuesday. Silver prices have increased by 11.99% sin...
RAKBank Joins UAE Stablecoin Push as Banks Move Onchain
Fintech RAKBank is preparing to enter the United Arab Emirates’ rapidly developing stablecoin landscape after receiving in-principle approval from the Central Bank of the United Arab Emirates (CBUAE) ...
Barclays Makes First Stablecoin Infrastructure Investment
Barclays invested in U.S. stablecoin settlement company Ubyx on January 6, 2026. The British bank stated the move is part of its plans to explore new forms of digital money. Ubyx launched in 2025 and ...
Bias remains tilted to the downside – UOB Group
EUR is likely to edge lower, but any decline is unlikely to reach the major support at 1.1650. In the longer run, bias remains tilted to the downside, but EUR must close below 1.1680 before a move tow...
ApeCoin Rallies 4%, Apeing Builds Early Buzz, and APEMARS 32,000% Upside in Focus
Crypto Projects Explore why APEMARS is emerging as the best crypto to invest during Stage 1, alongside ApeCoin and Apeing in today’s crypto market news. Join Stage 1 now. What if the biggest crypto ga...
xAI secures $20 billion as Nvidia, Cisco back Elon Musk’s AI push
Elon Musk’s xAI finalized its $20 billion Series E funding round on Wednesday, with major investors including Nvidia and Cisco Investments. The firm stated that the funding round exceeded the $15 bill...
Euro zone inflation hits 2% in December, in line with forecasts
Downtown Amsterdam Jacobh | E+ | Getty Images Euro zone inflation stood at 2% in December, flash data from Eurostat showed on Wednesday. Economists polled by Reuters had expected the inflation rate to...
XAG/USD falls below $79.50 due to profit-taking
Silver price (XAG/USD) depreciates by 1.75% after three days of gains, trading around $79.30 per troy ounce during the European hours on Wednesday. The price of the grey metal declines as investors lo...
Markets look past Venezuela shock, refocus on data – ING
The impact of the Venezuelan shock has largely faded, with oil, equities, and FX markets reverting to pre-January levels as investors step back from trading geopolitical headlines. Attention now turns...
Kiwi loses momentum after rejection at 0.5800
The New Zealand Dollar is moving without a clear bias against the US Dollar, trading within a tight range around 0.5780 on Wednesday. Technical indicators, however, are turning lower after failing to ...
WIF vs DOGEBALL vs BONK
Crypto Projects Meme coins are heating up again, and traders searching for best meme coins are once more watching WIF, DOGEBALL, and BONK for outsized ROI potential. History shows that when meme narra...
WisdomTree pulls spot XRP ETF filing as token slides 6%
The New York-based financial firm with over $113 billion under management has officially withdrawn its registration for a proposed spot XRP ETF. The announcement may have caused or added to Ripple’s 2...
CPI slows as headline inflation misses forecasts – UOB Group
Headline CPI was flat on the month and slowed to 3.4% y/y, undershooting expectations as underlying inflation eased slightly. Despite the softer print, the November CPI is unlikely to influence the RB...
No IPO for Ripple – XRP Momentum Builds as ETF Inflows Rise
Altcoins Talk of Ripple heading to the stock market has been quietly shut down by the company’s leadership, even as its valuation and capital base continue to expand. Recent fundraising success may ha...
Pound Sterling steadies against US Dollar ahead of key US economic releases
The Pound Sterling (GBP) trades flat near 1.3500 against the US Dollar (USD) during the European trading session on Wednesday. The GBP/USD steadies as the US Dollar trades cautiously ahead of an array...
Analysts set Amazon stock price target for 2026
Despite sluggish 2025 performance, every major 2026 Wall Street 12-month price target for Amazon (NASDAQ: AMZN) stock rates AMZN shares as a ‘Buy,’ and each forecasts at least a 15% a rally. Wall Str...
UAE RAK BANK receives in principle approval to launch AED stablecoin
UAE RAK BANK has received in-principle approval from the Central Bank of the UAE (CBUAE) to issue an AED-backed stablecoin, subject to the completion of regulatory and operational requirements. Furthe...
EUR/USD remains vulnerable ahead of key US jobs data
EUR/USD is practically flat, trading at 1.1685 at the time of writing, with the bearish bias from December highs intact. Trading ranges remain tight on Wednesday with investors awaiting the release of...
China prepares rare‑earth export curbs in trade dispute with Japan
China is warning Japan it might cut off rare-earth supplies again, according to a report from China Daily on Tuesday. The reason for China’s decision of course remains comments the Japanese Prime Mini...
YZi Labs Slams BNC, Accuses CEO & Board Member of Betrayal
Key Highlights: YZi Labs is challenging BNC’s board over governance and shareholder rights. The dispute is concentrated around board control measures and BNC’s BNB-focused crypto strategy. The final o...
GBP/JPY retreats below 211.00 as risk appetite recedes
The Sterling is trading lower from the fresh long-term highs above 212.00 hit on Tuesday, returning to levels right below 211.00. The safe-haven Japanese Yen is rallying across the board with risk app...
Slips below 183.00 as momentum weakens
EUR/JPY extends its losses for the fourth successive session, trading around 182.80 during the European hours on Wednesday. The currency cross remains subdued following the release of Germany’s Retail...
Markets await Eurozone inflation and US employment data
Here is what you need to know on Wednesday, January 7: Investors gear up for a potential increase in market volatility on key macroeconomic data releases on Wednesday. Eurostat will publish preliminar...