Key Highlights: Hyper Foundation validators will vote by December 24 UTC to burn Assistance Fund HYPE. The process will remove 37 million tokens, which is 3.71% of total supply, through social consens...
Category: Finance
Live Finance News Updates.
Why Tesla’s Q4 sales may dissappoint
Key takeaways Wall Street expects softer Q4 Tesla deliveries. EV tax credit pull-forward and macro pressures may weigh on sales. TSLA price action suggests a slowdown is already priced in. Tesla Q4 sa...
Waymo wants $15 billion to stay ahead as Musk’s Tesla goes driverless
Waymo wants to pull in $15 billion next year as it pushes to expand its driverless taxi operations. The money’s expected from Alphabet, its parent company, plus outside investors betting on the tech. ...
Hyper Foundation proposes validator vote to burn Assistance Fund HYPE permanently
The Hyper Foundation announced on December 17 that it is conducting a validator vote to acknowledge the Assistance Fund HYPE coins as irreversibly burned, legally. The burn of the Assistance Fund HYPE...
Visa Backs Stablecoin as U.S. Banks Use USDC on Solana
What to Know Visa has launched USDC stablecoin settlement in the US, allowing banks to settle transactions on blockchain while keeping card payments unchanged. Cross River Bank and Lead Bank are the f...
GBP/JPY faces rejection near 208.00, dips on softer UK inflation data
The GBP/JPY cross meets with some supply following an intraday uptick to the 208.00 neighborhood on Wednesday in reaction to softer UK inflation figures. Spot prices drop to a fresh daily low, around ...
Japan’s Takaichi urges to boost capacity with proactive fiscal policy
Japanese Prime Minister Sanae Takaichi on Wednesday emphasized the need for proactive fiscal policy to strengthen Japan’s capabilities, rather than excessive fiscal tightening. Key quotes What&#...
US Dollar rebounds, focus shifts to UK inflation data
Here is what you need to know on Wednesday, December 17: The US Dollar (USD) holds its ground early Wednesday as markets reassess the Federal Reserve (Fed) policy outlook after the employment data. In...
GBP/USD is likely to stay subdued if UK CPI meets expectations.
When is the UK CPI inflation data and how could it affect GBP/USD? The United Kingdom (UK) Office for National Statistics (ONS) will publish the highly relevant Consumer Price Index (CPI) data for Nov...
Swiss Franc loses ground to near 0.7950 amid US Dollar strength
The USD/CHF pair trades in positive territory around 0.7960 during the early European session on Wednesday, bolstered by a rebound in the US Dollar (USD). However, the prospect of the US Federal Reser...
The top two emerging markets ETFs
Emerging markets have been the best performing equity asset class this year, returning about 33% year-to-date. And the conditions that have propelled emerging markets in 2025 are still largely in plac...
Coinbase CEO Brian Armstrong says traditional finance is broken
Coinbase co-founder and CEO, Brian Armstrong, claimed in his recent X post that the way traditional finance operates is “broken,” reviving rhetoric that has circulated in crypto circles for some time....
When is the UK CPI inflation data and how could it affect GBP/USD?
The UK CPI Overview The United Kingdom (UK) Office for National Statistics (ONS) will publish the highly relevant Consumer Price Index (CPI) data for November on Wednesday at 07:00 GMT. The UK headlin...
USD/INR corrects as RBI intervenes to support Indian Rupee
The Indian Rupee (INR) gains sharply against the US Dollar (USD) in the opening session on Wednesday. The USD/INR pair plunges over 1% to near 90.00 from its all-time high of 91.56 due to the Reserve ...
U.S. Banks Get First Signals on How Stablecoins May Enter the System
Regulations For months, U.S. banks have been stuck in limbo over stablecoins. Congress laid out broad legal requirements, but lenders were left without a clear answer to a basic question: how, exactly...
Robinhood’s prediction markets add preset combo (parlay) and NFL player‑specific contracts
Robinhood just turned its prediction markets into something way bigger by rolling out preset combo trades that function like parlays and real-time NFL player contracts. The whole thing now looks like ...
Securitize to offer real, regulated onchain shares starting Q1 2026
Securitize has unveiled plans to issue real, regulated shares onchain that are representative of full shareholder rights, not synthetic price trackers or IOUs against custodians. The compliant shares ...
OpenAI and Amazon discuss $10 billion+ investment tied to AI chips, valuation tops $500 billion
OpenAI is holding early talks with Amazon for a deal that could bring in at least $10 billion and push its valuation past $500 billion, and the whole thing is tied to Amazon’s push to get its Trainium...
Bearish Sequence Pressures Oil (CL) lower [Video]
Light Crude Oil (CL) has decisively broken below the April 2025 low of $55.12. This breach confirms a continuation of the bearish sequence that has persisted since the March 2022 peak. The short-term ...
Softens below 1.1750 amid ECB rate hold expectations
The EUR/USD pair declines to around 1.1730 during the early European session on Wednesday, pressured by renewed US Dollar (USD) demand. Nonetheless, the potential downside for the major pair might be ...
Caroline Ellison transferred from federal prison to community confinement ahead of early release
Former FTX executive Caroline Ellison was on October 16 moved out of the low‑security Danbury Federal Correctional Institution in Connecticut, according to information from Business Insider. The trans...
Chainlink Whales Stack LINK as Price Rebounds Near $20 Level
Key Insights: Chainlink whale wallets added over 20 million LINK since early November Accumulation followed the LINK price rebound near the $20 level Market focus grows on Chainlink’s role in JPMorgan...
Pi Network Price Remains Under Pressure as Momentum Stays Weak
Altcoins Pi Network price continues to lose altitude, with the 4-hour chart showing a steady grind lower rather than a sharp capitulation. The token is now trading near the lower boundary of its recen...
California Says Tesla Deceived Consumers With Its Self-Driving Claims
Tesla cars sit parked in a lot at the Tesla factory in Fremont, California. Getty Images Tesla will be temporarily unable to sell new electric vehicles in California for a month unless the carmaker le...
Marshall Islands launch world’s first on-chain UBI program on Stellar
The Republic of the Marshall Islands has executed the first on-chain universal basic income payout in history using a digitally native, U.S. dollar-backed sovereign bond, USDM1, on the Stellar blockch...
EUR/JPY holds below 182.00 as Japan’s Trade Balance softens, German IFO data eyed
EUR/JPY holds ground after two days of losses, trading around 181.90 during the Asian hours on Wednesday. The currency cross may appreciate as the Japanese Yen (JPY) faces downward pressure after the ...
Tesla forced to revise Autopilot and FSD language after deceptive marketing ruling
A California administrative law judge on Tuesday ruled that Tesla used deceptive wording when it promoted Autopilot and Full Self-Driving. The judge said the company should face a 30-day suspension of...
Steadies near 98.30 amid bearish bias
The US Dollar (USD) edges higher during the Asian session on Wednesday and recovers further from its lowest level since early October, around the 97.90-97.85 region, touched the pervious day. The USD ...
XAG/USD hits record highs near $66 on weak US data
Silver price (XAG/USD) posts a fresh all-time high near $66 during the Asian trading session on Wednesday. The white metal extends its bull run as weak United States (US) employment data, Retail Sales...
HashKey disappoints investors in stock market debut as shares crash after temporary rise
HashKey stepped into the Hong Kong stock exchange with a quick 3% lift, but the excitement faded fast as the stock slid 2.1% by press time. The exchange raised $206 million in the IPO after pricing sh...
Japanese Yen holds steady amid BoJ rate hike bets and risk-off mood
The Japanese Yen (JPY) edges lower during the Asian session on Wednesday as bulls turn cautious and opt to wait for the Bank of Japan (BoJ) policy update before placing fresh bets. Hence, the focus wi...
WTI climbs as Trump orders blockade of sanctioned Venezuelan oil tankers
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $55.75 during the Asian trading hours on Wednesday. The WTI price climbs amid rising volatility around Latin American crude...