The UK’s financial watchdog has entered the final phase of consultations on a sweeping set of proposed crypto regulations, marking a key milestone in the government’s efforts to bring digital assets firmly within the country’s regulatory framework. The Financial Conduct Authority (FCA) said on Friday it is seeking feedback on 10 proposed rules for the
Shares in Spire Healthcare surged as much as 20% on Monday after the private hospital operator confirmed it was in preliminary talks with several buyout firms, fuelling expectations of a potential takeover and delisting from the London Stock Exchange. The FTSE 250-listed group said Bridgepoint Advisers and Triton Investments Advisers were “amongst the parties” involved
Micron stock (NASDAQ: MU) has already been one of the biggest winners of the AI boom as demand for advanced memory chips exploded. Yet a growing group of analysts now argues the real surprise may still lie ahead. Their thesis is based on Micron’s sudden clout in high-bandwidth memory (HBM), the specialist memory chips that
Ripple, the global blockchain and digital payment company, has announced a strategic partnership with Jeel, the innovation arm of Riyad Bank in Saudi Arabia. Reece Merrick @reece_merrick ·Follow More big news from the Middle East! @Ripple is partnering with @Jeelmovement, the innovation arm of @RiyadBank, to advance Saudi Arabia’s financial future through blockchain innovation 🇸🇦
Seagate Technology stock price has gone parabolic in the past few months, helped by the ongoing demand for memory devices as the artificial intelligence industry (AI) boom accelerates. It jumped to a high of $350, up by 452% from its lowest level in April last year. This article explores what to expect ahead of its
The TSX Composite Index continued its strong bull run this year and is now hovering at its all-time high. It rose to a record high of $33,145, making it one of the best-performing indices globally. The blue-chip index, the TSX Index, rose by 32% in the last 12 months, beating the Nasdaq 100, which has
Shares of cloud infrastructure provider CoreWeave jumped in early trading on Monday after Nvidia said it would buy $2 billion worth of the company’s stock and deepen a partnership aimed at building large-scale artificial intelligence infrastructure over the next decade. Nvidia said it had acquired the stake at $87.20 a share, underscoring what it described
US spot Bitcoin and Ether exchange-traded funds recorded heavy net outflows on Tuesday, reflecting the intensifying macro-driven selloff that has swept across global financial markets and weighed heavily on digital assets. According to data from Farside Investors, spot Bitcoin ETFs posted total net outflows of about $480 million on Tuesday across eight funds. Grayscale’s GBTC
Bitcoin (BTC) visited fresh weekly lows today, dipping to an intraday low of $87,902 as a violent wave of liquidations shook a market already dealing with shaky confidence. The downturn was exacerbated by escalating trade tensions between the US and European allies that have sent global “risk-off” sentiment into overdrive. Billions in value were wiped
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