News

Intel (INTC) stock jumped as much as 5% premarket Tuesday following a report that its rivals Broadcom (AVGO) and TSMC (TSM) are exploring potential deals with the chipmaker that would split it into two. The Wall Street Journal reported late Saturday that Broadcom (AVGO) is considering making a bid for Intel’s product business, which designs…

John Reed Stark, former director of the SEC Internet Enforcement Office, believes that the agency will pause the Ripple appeal soon. “Expect all crypto-related appeals, including the appeal of the Ripple matter, to pause or even more likely, to be fully withdrawn,” he said.  This comes after the SEC has seemingly halted the Coinbase case. Recently,…

By Colleen Howe and Trixie Yap (Reuters) – Brent crude oil prices advanced on Tuesday adding to gains in the previous session after a drone attack on an oil pipeline pumping station in Russia reduced flows from Kazakhstan, but gains were capped on the prospects of supply rising soon. Brent crude futures gained 15 cents,…

According to data provided by CryptoQuant, the total supply of the Ripple USD (RLUSD) token has now surpassed $120 million.  This has been described as a “huge milestone” considering that it is a highly regulated stablecoin.  As reported by U.Today, RLUSD surpassed the $100 million milestone in January shortly after its launch.  According to the…

(Bloomberg) — European bonds slipped and shares in defense companies rallied on the likelihood of greater military spending, which could force governments to step up borrowing in the coming years. Most Read from Bloomberg Prices for German, French and Italian bonds all declined, with 10-year bund yields — the benchmark borrowing rate for the euro…

Australia-based Perpetual has got a new proposal for its wealth management and corporate trust businesses from an affiliate of Kohlberg Kravis Roberts & Co. (KKR). In December 2024, Perpetual disclosed that the estimated cash proceeds from the A$2.2bn ($1.40bn) deal would be reduced due to the unexpected tax bill, with share prices potentially dropping to…

An important resistance level that might have indicated a possible recovery, the 26-day exponential moving average (EMA), was difficult for Shiba Inu to overcome, resulting in a setback. Although there have been early indications of stabilization following a protracted decline, SHIB’s failure to get past this obstacle raises questions about its immediate future. SHIB tried…

(Bloomberg) — A potential encounter this week between President Xi Jinping and e-commerce icon Jack Ma, coming after a blistering run by tech shares, could be the next catalyst to extend the rally in China’s stocks. Most Read from Bloomberg Prominent entrepreneurs including Ma have been invited to meet the nation’s top leaders, people familiar…

DonAlt, a prominent pseudonymous cryptocurrency pundit with more than 650,000 followers, believes that Solana has gone from “beloved” to “hated” quickly after its reputation has been tarnished. “SOL went from beloved to hated quickly only because everyone on the chain lost all their money to scams,” he said.  As noted by DonAlt, there were many voices…

According to recent data, the Ripple-affiliated XRP cryptocurrency is far more popular with Japanese investor compared to Ethereum (ETH). XRP has an 18% share of the tokens stored on Japanese exchanges. Ethereum (ETH) comes in third place with a 14.4% share of the market. Bitcoin is in the first place with a 65% share of…