Evening digest: Bitcoin slides after US jobs report, Kraft Heinz’s pause on breakup
Markets traded on Wednesday with a mix of cautious optimism and lingering unease. A stronger-than-expected US jobs report offered brief reassurance after a
Economy
Economy
Bitcoin risks revisit to $60,000 as liquidity gap widens and sentiment shifts
Bitcoin fell to $65,800 on Wednesday, slipping below short-term trend lines and keeping a retest of $60,000 in play as liquidity thins beneath
Economy
Thailand clears crypto for derivatives trading, opens door to Bitcoin futures
Thailand has formally integrated cryptocurrencies into its financial markets after the Cabinet approved amendments expanding the scope of assets permitted under the country’s
Economy
Strategy (MSTR) to issue more preferred stock as Bitcoin price stuggles
As Bitcoin’s price slump continues to rattle equity-linked crypto firms, Strategy Inc. (previously known as Microstrategy) is pivoting its capital-raising playbook to preferred
Economy
Trump-linked World Liberty to launch forex remittance platform amid controversies
World Liberty Financial, a crypto project backed by members of the Trump family, said it plans to launch a foreign exchange and remittance
Economy
Evening digest: Bitcoin stuck at $65K, Anthropic’s massive valuation, PayPay IPO
Washington moved to wind down a controversial immigration surge in Minnesota as federal agents began pulling back after weeks of backlash. Markets, meanwhile,
Economy
Commodity wrap: gold, oil, base metals surge on dollar weakness, supply risks
Gold prices rose more than 1% on Wednesday as a weaker dollar and falling bond yields boosted sentiment. Gold prices climbed back over
Oil
US futures steady as retail sales, jobs and CPI data take center stage
US stock index futures were little changed on Tuesday morning after the Dow Jones Industrial Average set another all-time high in the previous
Bitcoin
Uber Eats rolls out AI cart assistant for grocery shoppers
Uber Eats is stepping up its push into grocery delivery by adding artificial intelligence to the shopping cart. The company said on Wednesday
Bitcoin
Why did Kraft Heinz suddenly hit pause on its breakup plan?
Kraft Heinz surprised markets on Wednesday by pressing pause on plans to explore a potential breakup. For months, the investors were debating whether