Ripple’s RLUSD stablecoin, pegged to the U.S. dollar, has been involved in a series of substantial on-chain transfers ahead of its anticipated launch. Blockchain data showed that Ripple’s Treasury moved a total of 294,000 RLUSD tokens across multiple transactions. The largest transfer involved 78,500 RLUSD from Ripple’s Treasury to an unidentified wallet, with subsequent transfers to other unknown wallets. RLUSD ...
Three people have been charged in Argentina for crimes related to the death of Liam Payne, a former member of the boyband One Direction, according to the public prosecutor’s office. A hotel employee and a suspected drug dealer are among the three individuals charged for the crimes of “abandonment of a person before a death, supply and facilitation of narcotics,” ...
Germany’s governing coalition has collapsed after disagreements over the country’s weak economy led Chancellor Olaf Scholz to sack his finance minister. Christian Lindner’s dismissal prompted him to withdraw his Free Democrats Party (FDP) from a coalition with Scholz’s Social Democratic Party (SPD), leaving Scholz in a minority government with the Green Party. Scholz said he would now call a confidence ...
China is bracing for what could be a volatile and highly unpredictable path ahead in its escalating great power rivalry with the United States, after Donald Trump made a historic political comeback to win the race to the White House. His return could bring tariffs as high as 60% on Chinese goods – which could devastate economic growth in the ...
When major shifts happen in the market, such as the one we’re seeing the morning after the election, how can you analyze investor sentiment shifts and adapt your strategy to align with where money will likely flow in the coming weeks and months? If you checked the markets on Wednesday morning, post-election, you woke up to several remarkable events: The ...
The risk-on sentiment has returned to the stock market. Stocks traded significantly higher ahead of the open on Wednesday after former President Trump’s victory. With the uncertainty of the election results out of the way, investors were ready to pile back into equities. All broader US equity indexes saw strong upside movement, and the Cboe Volatility Index ($VIX) fell, closing ...
The value of assets tied to Donald Trump — and those likely to benefit under his administration — surged in the wake of his decisive electoral victory on Tuesday. Leading the way was Trump Media and Technology Group, the company that owns the Truth Social media platform. Its stock closed up 6% in Wednesday trading. Trump is the majority owner ...
Nvidia passed Apple in market cap on Tuesday becoming, for a second time, the most valuable publicly traded company in the world. Nvidia rose nearly 3% to close with a market cap of $3.43 trillion, ahead of Apple at $3.4 trillion. Nvidia shares have almost tripled in 2024, as investors show continued confidence in the company’s ability to maintain a rapid growth rate ...
The NFL’s 2024 trade deadline has come and gone. There were 18 total trades involving 19 players since Week 1 of the regular season. Which teams improved their Super Bowl chances the most? The Kansas City Chiefs are aiming to win an historic third straight Super Bowl in a row. They acquired veteran wide receiver DeAndre Hopkins, and he’s already ...
Former All-Pro center Jason Kelce on Wednesday used his popular podcast to express his regret for an altercation over the weekend on the campus of Penn State. In an incident that was caught on video, Kelce responded to a heckler calling his brother Travis a homophobic slur by grabbing the heckler’s phone and slamming it on the ground. On the ...
In fantasy land, trade winds are still blowing. While the real NFL’s trade deadline came to pass without too much incident before turning the page to Week 10, fantasy leagues don’t often have the same outcome. If they have one, most leagues set their trade deadline for sometime within the first three weeks of November. That leaves fantasy managers without ...
What was expected to be a highly contested election between former US President Donald Trump and Vice President Kamala Harris was anything but, with the outcome being called early on Wednesday (November 6). The results will have wide-reaching implications for the US and global economy as Trump ran on a platform of lowering taxes, raising tariffs and sweeping immigration reforms ...