Japanese automakers Honda Motor Co. and Nissan Motor Co. are exploring the possibility of a merger, according to reports late Tuesday, in a bid to better compete against foreign electric-vehicle makers like Tesla Inc. and China’s BYD...
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Wolfe Research analyst sees Honeywell’s Quantinuum unit seeing a similar boost to IonQ, which has seen its stock price jump 225% this year...
“Even if Nvidia has been a powerful motor propelling equity markets this year, there are plenty of other oars in the water doing the same thing,” an analyst says...
The Dow Jones Industrial Average fell for a ninth straight day on Tuesday, its longest losing streak since 1978...
Bitpanda has secured in-principle approval from Dubai VARA. Dubai is emerging as a global crypto hub with a supportive regulatory environment. Bitpanda plans to establish a regional headquarters in Dubai to expand globally. Bitpanda, a prominent European digital asset platform, has achieved a significant milestone by securing in-principle approval from the Dubai Virtual Asset Regulatory
Lido Finance will end Polygon staking operations starting December 16, 2024. Users must unstake MATIC before June 16, 2025, to avoid using explorer tools. The decision is due to low adoption, zkEVM transition, and focus on Ethereum. Lido Finance, the largest liquid staking protocol in the decentralized finance (DeFi) ecosystem...
Ripple has announced the stablecoin RLUSD will go live on exchanges on December 17, 2024. The launch comes a few days after the company revealed it received regulatory approval. Ripple’s stablecoin Ripple USD (RLUSD) is finally going live, with the crypto company announcing availability on global exchanges beginning December 17...
FTX will begin customer distributions in January in January 2025. The exchange collapsed in November 2022, with major repurcussions for the greater industry. FTX debtors will commence customer distribution in early January, with its court-approved Chapter 11 bankruptcy reorganization becoming effective on January 3, 2025. The collapsed crypto exchange announced on Dec...
MicroStrategy bought its latest Bitcoin between December 9, 2024, and December 15, 2024 Last week, the company purchased 21,550 Bitcoin for $2.1 billion and the week before it bought 15,400 Bitcoin for $1.4 billion The Bitcoin buying spree comes as MicroStrategy will be added to the Nasdaq-100 Index on December 23 MicroStrategy has acquired an
The Financial Markets Authority (FMA) has issued an alert about a rising cryptocurrency investment scam targeting social media users through YouTube channels and messaging platforms.FMA Warns of YouTube Crypto Investment ScamThe fraudsters operate by creating YouTube channels offering cryptocurrency trading advice and luring viewers into private WhatsApp or Telegram groups with promises of investment tips