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There is no respite for the US dollar in the currency markets as the DXY index is only heading south. The DXY index, which measures the performance of the US dollar is now at the 99 level. It briefly touched 100 early this month but failed to hold on to its resistance level. The greenback has never been this weak for 12 years and is only losing steam against local currencies. Also Read: Warren Buffett’s $330B Portfolio Holds 58% in Just 4 Power Stocks Source: MarketWatch Leading local currencies are having an upper hand in the forex markets and racing ahead of the USD. The US dollar had touched a high of 109.40 this year but quickly slipped below the 100 level in the currency markets. Federal Reserve Governor Christopher Waller said to Fox Business that reducing tariffs to 10% could push the markets on the right track. “If we can get the tariffs down close to the 10% and then that’s all sealed, done, and delivered somewhere by July, then we’re in good shape for the sec...

As December 2024 draws to a close, the cryptocurrency market is displaying a cautiously optimistic outlook. Despite enduring a prolonged downtrend, there are emerging signs of recovery, with certain sectors beginning to show growth. This presents a prime opportunity for investors to explore meme coins that have the potential for significant returns. End-of-year presales are gaining momentum, bringing attention to projects that could see 10x gains in the coming months. Here are the meme coins, both on the market and in presale, worth considering for early 2025 investments that could deliver major profits. Pepe (PEPE) Pepe is a well-known meme coin that has gained significant attention, especially with Elon Musk’s involvement in the Pepe trend. This surge in popularity has helped other Pepe-themed projects, such as Wall Street Pepe and Pepe Unchained, raise substantial amounts of money and achieve successful launches. Pepe coin itself is showing promising potential, with some ...

Tether, the world’s largest stablecoin, used 2024 to grow its market capitalization by nearly $50 billion, its investments across a variety of industries, its product lines, and its political influence.  Cantor Fitzgerald Tether stores a massive portion of its reserves at Cantor Fitzgerald, a firm that has been led by Howard Lutnick. Lutnick, for his part, has been willing to publicly endorse the often beleaguered stablecoin, saying he is “a big fan.” Lutnick is also an important political figure, serving as co-chair of the transition committee for President-elect Donald Trump. He was also floated as a potential Treasury secretary before eventually being nominated as the future commerce secretary.  Tether’s dreams come true with Donald Trump victory Read more: Tether custodian Cantor Fitzgerald loves Tether, chief says Recently, Cantor Fitzgerald had to pay a $6.75 million penalty to the Securities and Exchange Commission (SEC) ...

Amid the ongoing rush to invest in the technology sector, Wall Street has seen a plethora of stocks dominate over the year. With AI and cloud-based computing driving significant demand, there is no doubt that the coming year will be filled with high-potential companies getting a surge in stock value. Chief among them could be Microsoft (MSFT), with the stock seemingly bound for a $500 all-time high in 2025. The highest closing price for the Windows software developer was $465, set in the summer of 2024. However, that could be poised to be just the beginning of a dominant year for the company. Although competition has never been tougher, it may be set with a leg up compared to the competition. Source: Fox Also Read: Microsoft Shareholders Vote Against Bitcoin Investment Proposal Microsoft to $500? Why the Stock Could be the Biggest Winner of 2025 For much of the last two years, Wall Street has become increasingly interested in developing technology. With the emergence of OpenAI’s C...

Author: WuBlockchain According to RootData statistics, there were 97 publicly disclosed Crypto VC investment projects in September, representing a 13% month-over-month decrease (112 projects in August 2024) but a 4% year-over-year increase (93 projects in September 2023). Note: Since not all fundraising activities are disclosed in the same month, these figures may increase in the future. The breakdown by sector is as follows: Among them, CeFi accounted for approximately 6%, DeFi for 27%, NFT/GameFi for 10%, L1/L2 for 8%, RWA/DePIN for 11%, Tool/Wallet for 9%, and AI for 6%. The total fundraising amount in September was $610 million, representing a 23% month-over-month decrease (from $790 million in August 2024) and a 12% year-over-year decrease (from $690 million in September 2023). The top 10 rounds by funding amount are as follows: Modular blockchain Celestia raised $100 million in funding, led by Bain Capital Crypto. This fundraising was conducted through an OTC token sale, announce...

Europe experienced a 50% fall in fintech investments in the first half of 2023. In the midst of the global fintech market downturn, the crypto and blockchain sector managed to become a leader in investments in a number of major European markets.  According to the report “State of European FinTech”, released by the Amsterdam-based fintech venture fund Finch Capital, Europe, Middle East and Africa (EMEA) region experienced a 50% drop in fintech investments in the first half of 2023. The total amount of funding fell from $27.3 billion in H1 2022 to $11.2 billion in H1 2023. However, crypto businesses stand out in the overall picture, gaining a leading position in investments attracted across several large markets. In the United Kingdom, the blockchain and crypto sector grabbed a 28% share of all the deals, struck in fintech in H1 2023. This number is even higher in the Netherlands — 35% of all deals. In Germany and France, the crypto’s share constitutes 27% and 29% respectively. Re...

Dutch investors now have access to a Bitcoin equities exchange-traded fund on the Euronext Amsterdam stock exchange. The Netherlands has welcomed a new equity exchange -traded (ETF) fund that will give investors exposure to a basket of Bitcoin (BTC)-related company stock s. French investment firm Melanion Capital’s Bitcoin Equities ETF began trading on the Euronext Amsterdam Stock Exchange on June 22, introducing an equities-based approach to investing in the Bitcoin ecosystem. The ETF is designed to track the Melanion Bitcoin Exposure Index, which is a custom basket of European and American stock s closely tied to BTC’s market price. The ETF is compliant to the European Commission’s Undertakings for the Collective Investment in Transferable Securities (UCITS) regulatory framework that is used for managing and trading mutual funds. UCITS funds allow investment firms to register and sell trading products across the European Union through the provision of regulatory and investor protec...

Cathie Wood was impressed that Bitcoin “moved in a very different way” compared to the equity market in response to the recent banking crisis. The value proposition of Bitcoin (BTC) is on full display amid the current banking crisis , which will only “ attract more institutions ” to the BTC market over time, ARK Invest CEO Cathie Wood believes. Wood shared her thoughts on BTC’s recent price surge in a March 21 Bloomberg interview, stating its price behavior through the crisis “is going to attract more institutions.” “The fact that Bitcoin moved in a very different way from the equity markets, in particular, was quite instructive,” she added. ARK Investment Management CEO Cathie Wood says the behavior of the Bitcoin's price through the latest banking turmoil will attract more institutions and investors https://t.co/2d8cT7SX3n pic.twitter.com/Eaymh05lhq — Bloomberg Crypto (@crypto) March 21, 2023 Institutional interest in Bitcoin may have already arrived according to Oliver...

The Crypto Winter Recovery Summit demonstrated how traders could’ve multiplied their investment by 120 while the market lost two-thirds of its value. On its live summit, “The Crypto Winter Recovery Plan,” Cointelegraph Markets Pro revealed how traders could have mostly avoided a gut-wrenching 75% pullback in the crypto market while securing mind-boggling gains.  The Cointelegraph Markets Pro team argues that while hodlers tied their capital into a capitulating market, nimble Markets Pro members were able to capitalize on real-time, institutional-grade crypto market intelligence to capture significant risk-adjusted profits. The results were staggering! Cointelegraph Markets Pro traders could’ve secured returns up to 120 times their initial investment — 12,000%, not 120% — using alerts initiated by the NewsQuakes indicator, one of several indicators found in its easy-to-use dashboard... Returns trading on news alerts. Source: Cointelegraph Markets Pro Meaning anybody who would have bou...