Why is Alibaba stock climbing today?
Alibaba Group Holding Limited stocks have been trading up by 3.76 percent amid upbeat sentiment on its robust e-commerce rebound.
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Silver Price Forecast: XAG/USD holds firmly above $69 ahead of US PCE Inflation data
Silver price (XAG/USD) is up almost 1% to near $69.40 during the Asian trading session on Wednesday. The white metal gains as oil prices fall further on hopes that the Strait of Ho…
New Zealand Dollar declines as US Dollar advances ahead of PCE index data
NZD/USD depreciates after registering modest gains in the previous day, trading around 0.5960 during the Asian hours on Wednesday. The pair declines as the US Dollar (USD) receives…
Soybeans Extend Gains to Tuesday’s Close
Soybeans posted gains of 11 ½ to 14 cents across the board on Tuesday. The cmdtyView national average Cash Bean price was up 13 1/4 cents at $12.01. Soymeal futures were steady to …
Japanese Yen strengthens on US bond buyback, traders brace for US PCE inflation report
The USD/JPY pair loses ground to near 158.90 during the Asian trading hours on Wednesday. The US Treasury’s bond buyback programs weigh on the US Dollar (USD) against the Japanese …
Stocks Settle Higher as Lower Crude Prices Ease Inflation Risks
The S&P 500 Index ($SPX) (SPY) closed up by +0.32% on Tuesday, the Dow Jones Industrial Average ($DOWI) (DIA) closed up by +0.30%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up …
Australian Dollar strengthens after hot CPI report; eyes multi-month high ahead of US PCE
The AUD/USD pair attracts buyers for the second straight day and climbs to the 0.7170 area following the release of Australian consumer inflation figures during the Asian session o…
Banks Unveil ‘BankChain’ Alliance to Rival Stablecoins Amid CLARITY Act Holdup
The post Banks Unveil ‘BankChain’ Alliance to Rival Stablecoins Amid CLARITY Act Holdup appeared first on Coinpedia Fintech News
Thailand SEC Proposes Bitcoin, ETH ETF Rules
The post Thailand SEC Proposes Bitcoin, ETH ETF Rules appeared first on Coinpedia Fintech News
WTI drops amid Middle East diplomacy, eased US sanction fears
West Texas Intermediate (WTI) oil price extends its losses for the third consecutive day, trading around $80.10 per barrel during the Asian hours on Wednesday. Crude oil prices hav…
Bitcoin Price Today: BTC Pulls Back From $81,300, What’s Next?
Bitcoin pierced the $80,000 mark overnight, reaching as high as $81,300 before pulling back to roughly $79,000, according to chart analysis from Verified Investing chief market str…
Musk's rocket firm SpaceX to build $100bn launch facility
Multi-billionaire Elon Musk's rocket company SpaceX has announced that it will build its largest launch site yet in the southern US state of Louisiana.
Altcoin ETFs Aren’t Dead Despite Pulled Filings
Grayscale withdrew its ETF applications for Cardano, Hedera, and Polkadot this week, prompting questions about whether altcoin ETFs are losing momentum. Zach Pandl of Grayscale pus…
Cattle Extend Losses to Tuesday, as Early Cash Business Falls
Live cattle futures were down 72 cents to $2.65 lower across most contracts on Tuesday. Cash trade picked up a few sales at $218 on Tuesday, down $7-8 from last week, with a few dr…
Corn Closes Tuesday with Contracts Over $5 Across the Board
Corn futures rounded out the Tuesday session with contracts up 7 ¾ to 10 ¼ cents on the session. All contracts closed the session over the $5 mark. The CmdtyView national average C…
UN Adopts DFINITY AI & Cloud Tech for Governments – Why Isn’t ICP Rallying?
The post UN Adopts DFINITY AI & Cloud Tech for Governments – Why Isn’t ICP Rallying? appeared first on Coinpedia Fintech News
AI gold rush draws crypto firms away from Bitcoin
Companies that once filled warehouses with computers to earn Bitcoin - a process known as mining - are now using that computing power for AI.