Pakistan has signed an agreement with a firm connected to World Liberty Financial, the crypto platform backed by the family of US President Donald Trump, to explore the use of a dollar-pegged stablecoin for cross-border payments, Reuters reported on Wednesday, citing a source involved in the deal.The agreement marks one…
Saks Global, the parent organisation of the storied American luxury department store chain Saks Fifth Avenue, filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the Southern District of Texas late Tuesday.The filing represents a critical turning point for the retailer as it grapples with a mounting…
The Nasdaq 100 Index and its top exchange-traded funds (ETFs) like the QQQ and JEPQ are stuck in a tight range this week as investors wait for key corporate and macro news from the United States. The index was trading at $25,787, a few points below the all-time high of $26,787.…
Plug Power stock price has stabilized in the past few weeks, ending the recent plunge that pushed it from last year’s high of $4.57 in October to a low of $1.70 in November. It was trading at $2.28, up by 35% from its lowest point in November. This article explores…
Duolingo stock crashed to its lowest level since August 2024, continuing a downward trend that started in May last year when it peaked at $544. It has dropped by 70% below its all-time high, erasing billions of dollars in value as its valuation plunged to $7.48 billion.CFO departure concerns as…
The crypto market is going up today, with Dash and Story jumping by over 30% in the last 24 hours. Other top gainers were coins like Pepe (PEPE), Optimism (OP), Internet Computer (ICP), and Pudgy Penguins (PENGU). This article explains why the crypto rally is happening today.Crypto market going up…
The Nikkei 225 Index continued its strong rally this week, reaching its highest level on record as the “Takaichi trade” accelerated. Its surge coincided with the ongoing Japanese yen crash. It jumped to a record high of ¥54,435, up by 76% from its lowest point in April last year.Japan stocks…
Ethereum price held steady on Wednesday, continuing a trend that has been going on in the past few weeks. ETH token rose to $3,340, and this trend may accelerate in the coming months as it has formed the highly bullish inverse head-and-shoulders pattern, and the spot ETH ETF inflows have…
Lloyds share price continued its strong bull run this year, and is now hovering at its highest level since September 2008. It has jumped in the last 12 consecutive months, and is up by 430% from its lowest level in 2020. This surge has brought its market capitalization to over $80…
Venezuela’s stock market has surged to record highs following the capture of former President Nicolás Maduro by US forces, as investors wager that years of economic isolation and mismanagement may finally give way to stabilization and reform.The country’s benchmark Indice Bursatil de Capitalizacion (IBC) has gained more than 130% since…