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WTI advances to near $69.50 as European energy firms focus on Oil rather than renewables

West Texas Intermediate (WTI) Oil price edges higher after registering losses in the previous session, trading around $69.50 per barrel during the Asian hours on Friday.

Fxstreet

12 hours ago

XRP Price Takes a 5% Hit: Is More Downside Ahead?

XRP price failed to continue higher above $2.35 and declined. The price is down over 5% and is showing bearish signs below the $2.20 level.

NewsBTC

12 hours ago

China's Nov industrial profits narrow decline but 2024 likely worst year in decades

BEIJING, Dec 27 (Reuters) - China's industrial profits fell at a slower clip in November, official data showed on Friday, but the annual decline in earnings this year is expected to be the worst in over two decades due to persistently soft domestic consumption.

Reuters

12 hours ago

Bitcoin Price Takes Another Hit: Bears Tighten Their Grip

Bitcoin price failed to surpass $100,000 and corrected gains. BTC is back below $96,500 and might revisit the $93,200 support zone. Bitcoin started a fresh decline from the $99,400 zone. The price is trading below $96,500 and the 100 hourly Simple moving average. There was a break below a connecting

NewsBTC

15 hours ago

METALS-Base metals mixed, copper supported by tight supply

By Violet Li and Mei Mei Chu SHANGHAI, Dec 27 (Reuters) - Base metal prices were mixed on Friday, moving within tight ranges with the strong dollar limiting gains, although copper found support from supply tightness in copper concentrate.The three-month copper on the London Metal Exchange (LME) C

Reuters

15 hours ago

South Korea Sanctions 15 North Korean Hackers and One Entity Over Crypto Theft Operations

South Korea has announced sanctions against 15 individuals and one entity from North Korea involved in cybercrimes, including large-scale cryptocurrency heists. The move comes amid rising concerns about North Korea’s use of cyber operations to fund its weapons programs and evade international sancti

Bitcoinist

15 hours ago

Oil prices set for weekly gain on China stimulus optimism

Dec 27 (Reuters) - Oil prices were little changed on Friday but were set for a weekly rise amid optimism economic stimulus efforts will prompt a recovery in China, the world's biggest oil importer.Brent crude futures LCOc1 fell 1 cent to $73.25 a barrel by 0145 GMT. U.S. West Texas Intermediate

Reuters

15 hours ago

FOREX-Yen hovers near 5-month low as BOJ's cautious stance weighs

By Kevin Buckland TOKYO, Dec 27 (Reuters) - The yen hovered near a five-month low to the dollar on Friday as the U.S. Federal Reserve's hawkish messaging contrasted with the Bank of Japan's cautious approach to further policy tightening.The yen traded at 157.725 per dollar JPY=EBS as of 0030 GMT,

Reuters

16 hours ago

China's Jan-Nov industrial profits fall 4.7% y/y

BEIJING, Dec 27 (Reuters) - Profits at China's industrial firms fell 4.7% in the first 11 months from the same period last year, official data showed on Friday.The fall extended a 4.3% decline in the January-October period, according to National Bureau of Statistics data.Industrial profit numbers co

Reuters

16 hours ago

Solana Breaks Out Of Key Chart Formation, A huge Upswing To New Highs In Sight?

With recent price developments, Solana could be set for a major rally in the coming days or weeks.

Bitcoinist

17 hours ago

Dogecoin Price Repeats Bullish Fractal From 2021, Why January 2025 Is Important

A crypto analyst has shared a price chart comparing this historically recurring fractal to Dogecoin’s current trajectory, predicting a massive surge to new all-time highs by January.

Bitcoinist

17 hours ago

Wedbush lifts Apple price target by $25 banking on AI-driven growth

Wedbush raised its price target on Apple Inc (NASDAQ:AAPL) to $325 from $300 banking on transformative AI-driven iPhone upgrade cycle poised to fuel growth into 2025. The brokerage maintained its "outperform" rating, projecting Apple’s market cap to cross the $4 trillion mark.

Investing.com

17 hours ago

UN chief says Israeli strikes in Yemen, including at airport, are alarming

The spokesperson of U.N. Secretary-General Antonio Guterres on Thursday condemned escalations between Israel and Yemen, saying Israel's airstrikes on Yemen's Sanaa International Airport, the Red Sea ports and power stations were alarming.

Reuters

17 hours ago

Who Profited During Bitcoin’s $100,000 Surge? Analyst Breaks Down the Data

Bitcoin ongoing price movement has sparked intense analysis as it continues to hover below the $100,000 mark.

NewsBTC

17 hours ago

AUD/USD weakens to near 0.6200 amid thin trading

The AUD/USD pair remains on the defensive around 0.6215 during the early Asian session on Friday.

Fxstreet

18 hours ago

Bulls Falter As PEPE Slide To $0.00001748: Key Support In Focus

PEPE bullish momentum has taken a hit, with the price retreating to a crucial support level at $0.00001748. This setback puts the bulls under pressure to hold the line as bearish forces regain strength.

NewsBTC

Thu, Dec 26

Healthcare cases to watch in Trump's second term

Dec 26 (Reuters) - When Republican President-elect Donald Trump takes office for the second time next year, he will inherit a slew of lawsuits challenging the Biden administration's healthcare policies.

Reuters

Thu, Dec 26

Bitcoin Preparing For Its Next Major Market Surge – Here’s How High It Will Go

Investors’ and traders’ hope about an impending massive price rally for Bitcoin is alive again as the digital asset experiences renewed strength toward crucial resistance levels such as the coveted $100,000 mark.

Bitcoinist

Thu, Dec 26

The World’s First Meme Index Hits $500K on Presale

The Meme Index ($MEMEX) seems to be drunk on its own Christmas punch, as it hit $500K in its first two days on presale.

Bitcoinist

Thu, Dec 26

US legal industry's China retreat gained steam in 2024

Dec 26 (Reuters) - Major U.S. law firms scaled back from Greater China's legal market at a rapid pace in 2024, highlighting an uncertain future for foreign firms in the world's second largest economy.

Reuters

Thu, Dec 26

Analysts Predict These 5 Meme Coins to 10x by 2025

If we look at the broader picture, the meme coin sector grew by 833% in 2024. And the rally has just begun, so it’s not too late to hoard some tokens. Who knows? Maybe you’ll be bidding farewell to 2025 on a private yacht in the Bahamas.

Bitcoinist

Thu, Dec 26

US STOCKS-Futures lower in holiday-thinned trading

Dec 26 (Reuters) - U.S. stock index futures were lower on Thursday in light trading volumes after the Christmas holiday, as investors took stock of their portfolios and looked for a boost for the final month of the year from the so-called Santa Claus rally.

Reuters

Thu, Dec 26

Alibaba agrees to merge S.Korean operations with E-Mart in a $4bn deal - Bloomberg

Investing.com -- Alibaba (NYSE:BABA) Group Holding is set to merge its South Korean operations with E-Mart’s e-commerce platform to strengthen its position in the country’s competitive online retail landscape.

Investing.com

Thu, Dec 26

Which predictions were fulfilled in 2024: Bitcoin (BTC) rallied as expected, the NFT market did not come back

The past year brought a shift in the crypto market, extending the recovery from the stagnant period of 2022-2023. Bitcoin (BTC) remained the leading narrative, fulfilling even the more optimistic price predictions.

Cryptopolitan

Thu, Dec 26

Oil edges up on China stimulus hopes, US inventory drop

SINGAPORE/LONDON, Dec 26 (Reuters) - Oil edged higher on Thursday in thin holiday trade driven by hopes for additional fiscal stimulus in China, the world's biggest oil importer, and supported by an industry report showing a decline in U.S. crude inventories.

Reuters

Thu, Dec 26