Author: Charlotte

Bitcoin traded near $62,000 on Monday, holding onto recent gains as investors adopted little conviction ahead of key macroeconomic reports this week.Markets await US inflation data and Fed testimonyIn a report on Monday, QCP analysts highlighted that Tuesday’s US Consumer Price Index (CPI) data could be the first major catalyst to decide the market’s direction.A softer-than-expected inflation reading could strengthen expectations for Federal Reserve (Fed) policy easing later this year. On the other hand, another upside in CPI may reinforce the case for keeping interest rates higher for longer.QCP also highlighted Federal Reserve Chair Kevin Warsh’s upcoming two-day congressional testimony,…

By Milan Rojan Today API Cross Border Payments Digital Payments Confirmo has launched a stablecoin-based recurring payments solution designed to help enterprise merchants automate subscription billing, as demand for digital asset payments continues to grow across global markets. Anna Kratky Strebl, Group CEO at Confirmo, said: “‘Subscribe’ gives merchants a more transparent, cost-effective way to manage subscription and recurring revenue models, while making it easier for consumers worldwide to pay with the wallets and accounts they already use.” The new product, Subscribe, enables businesses to accept recurring payments in stablecoins alongside existing payment methods without developing their own infrastructure. The…

Agentic investment start-up Grace Investment Machine (GIM) has closed $20 million in Series A funding to transition its multi-agent capital market trading software into live market deployment.The round was co-led by Chinese private equity firm Hony Capital and an unnamed venture capital firm in the US. New investor IDG Capital also participated alongside repeat backer Monolith Capital.It’s understood that GIM has now raised over $30 million across three funding rounds since being founded by CEO Jiahao Xu in July last year. Other backers currently include 5Y Capital, SAIF Partners, and Wuyuan Capital.The Beijing-based start-up is developing an autonomous system that…

Day Trading Guide gives you the key intraday supports and resistances to watch out for on the Nifty Futures and other widely traded stocks such as Reliance Industries, Infosys, HDFC Bank, TCS, SBI. Based on the trend, it also gives intraday trade recommendations with specific entry as well as stop-loss levels. The mentioned resistances and supports will be the exit levels. Do note that the recommendations are based on Technical Analysis and there is a risk of loss in trading. ₹817 • HDFC BankS1S2R1R2COMMENT815808822828Take fresh shorts below 815 with a stop-loss 817 ₹1101 • InfosysS1S2R1R2COMMENT1090107511151130Wait for dips. Go long at…

A spot bitcoin ETF is a fund that holds actual bitcoin and trades on a stock exchange, so an investor gains exposure to bitcoin’s price through an ordinary brokerage account. When the first U.S. spot bitcoin ETFs began trading in January 2024, they removed the custody, compliance, and operational barriers that had kept many asset managers, pension funds, and financial advisors on the sidelines. The funds did not create institutional demand from scratch. They lowered the friction for institutions that already wanted exposure but could not hold the asset directly. In this article, we’ll cover the history, utility, and limitations…

Election years tend to polarize people’s views about political parties, proposed social and economic policies, and the candidates running for high governmental office. This presidential election cycle is not only no different, it is far more so.  This shows itself especially in how many younger Americans view the political, economic and social system under which they live.  According to a fairly detailed Gallup public opinion poll released in late November, 60 percent of those surveyed said they, in general, had a “positive” view of capitalism, while only 39 percent had such a positive attitude toward socialism. Not a blockbuster endorsement…

After receiving unsolicited offers from prospective buyers for years, the Artiles family gave in and sold a four-building industrial portfolio in Medley for $38.8 million. Ruben Artiles Jr. and Martha Artiles, through the Ruben and Neida Artiles Irrevocable Trust, sold the pair of warehouses at 7200-7208 Northwest 84th Avenue, and the two warehouses at 8203-8251 Northwest 70th Street, to Boston-based Longpoint, the brokers involved in the deal said. Jose Sasson-Lerner and Roberto Susi of Axiom Capital Advisors represented Longpoint. Ralph Merritt of Commercial Property Group represented the seller in the off-market deal. Interested buyers chased the sellers for four years, Merritt said, attributing…

Gold prices rose in Saudi Arabia on Tuesday, according to data compiled by FXStreet.The price for Gold stood at 485.54 Saudi Riyals (SAR) per gram, up compared with the SAR 483.12 it cost on Monday.The price for Gold increased to SAR 5,663.16 per tola from SAR 5,634.98 per tola a day earlier.Unit measureGold Price in SAR1 Gram485.5410 Grams4,855.32Tola5,663.16Troy Ounce15,102.19FXStreet calculates Gold prices in Saudi Arabia by adapting international prices (USD/SAR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates…

Uniswap [$UNI] has opened community voting on a proposal that could introduce the protocol’s first sustained $UNI burn mechanism. The initiative spans three governance votes. They include protocol fee activation on Robinhood Chain, v4 deployment, and bridge infrastructure across all other chains. If Uniswap members approve the proposals, the protocol will begin depositing fees into TokenJar accounts. At press time, the voting stood at 74% in support of the proposal. Once there, users can acquire an amount of $UNI sufficient to burn it completely and in turn collect their $UNI from the TokenJar account. Source: X The proposal will link…

AtkinsRealis will provide engineering services for the Riyadh Metro’s expansion and supervise key road upgrades across the city Subscribe to read the full article Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive Exclusive announcements on project news, bids, awards and updates The latest Industry data and competitor insights SUBSCRIBE To MEED REGISTER to unlock sample content Source link