XRP, DOGE, ADA Slump 9% as Trump Douses Bullish Crypto Reserve Hopes
Traders are disappointed the crypto reserve plans won’t add any buying pressure to the market, at least in the near term, with few catalysts to buoy the market.
Traders are disappointed the crypto reserve plans won’t add any buying pressure to the market, at least in the near term, with few catalysts to buoy the market.
Atos said on Friday it is launching a reverse stock split as the French IT group aims to restore investor confidence after completing a financial restructuring plan last year to overcome a crushing debt crisis. The stock split will start on March 25 and will end on April 23, Atos said in a statement. Atos' shares are trading at all-time lows, to about half of a cent, after the company completed a 233-million-euro capital increase last year, causing massive dilution for shareholders.
Regardless of why you’re saving – for a house, a holiday, your children’s future or as a buffer to cover emergencies – you’ll want to make sure your money is working as hard as possible.
White House crypto and AI czar David Sacks said on X that the stockpile will also include other coins forfeited in criminal or civil proceedings
(Bloomberg) -- A $439 billion rally in Chinese tech megacaps this year has left their once-unbeatable US peers in the dust, an outperformance that many investors say has room to extend.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year
WASHINGTON (Reuters) -U.S. job growth picked up in February, but cracks are emerging in the once-resilient labor market amid rising uncertainty over trade policy and deep federal government spending cuts that could undercut economic growth this year. The Labor Department's closely watched employment report on Friday, the first under President Donald Trump's watch, also showed the unemployment rising to 4.1% last month and an increase in the ranks of part-time workers. Economists said the Trump administration's whiplash trade policy was making it difficult for businesses to plan ahead.
Germany’s €500bn fiscal overhaul is redefining its economy, bypassing debt limits to boost infrastructure and defence. Markets are rallying, with defence stocks surging. Analysts call it a ‘game changer,’ signalling a new era for European growth.View on euronews
(Bloomberg) -- Japanese investors expect the nation’s benchmark 10-year government bond yield to climb as high as 2% this year in a move that looks likely to relegate China’s sovereign debt to the lowest yielding of major markets.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finan
WASHINGTON (Reuters) -U.S. President Donald Trump has signed an executive order to establish a strategic reserve of cryptocurrencies by using tokens already owned by the government, disappointing some in the market who had hoped for a firm plan to buy new tokens. The announcement, made on Thursday ahead of a meeting with crypto executives at the White House later on Friday, sent the price of bitcoin down by around 5% to $85,000. A "Strategic Bitcoin Reserve" will be capitalized with bitcoin owned by the federal government that was seized as part of criminal or civil asset forfeiture proceedings, the White House crypto czar, billionaire David Sacks, said in a post on social media platform X.
(Reuters) -Oil prices extended gains on Friday, buoyed by the Russian Deputy Prime Minister's suggestion that OPEC+ could reverse its output increase after April, but were still on track for a more than 3% weekly decline on concerns over U.S. tariff policies. Brent crude futures rose 99 cents, or 1.4%, to $70.45 a barrel by 1415 GMT. U.S. West Texas Intermediate futures were up 93 cents, also 1.4%, at $67.29.