Economy

Economy
Economy

Ripple partners with Riyad Bank’s Jeel to explore blockchain in Saudi Arabia

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 🇸🇦

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Economy

Seagate Technology stock hits key resistance ahead of its earnings: buy or sell?

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

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Economy

Here are the top catalysts for the TSX Composite Index this week

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

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Economy

CoreWeave shares jump as Nvidia buys $2B stake, deepens AI partnership

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

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Economy

Coinbase sues three US states to secure federal backing for predictions market

Crypto exchange Coinbase has filed lawsuits against three US states over regulatory conflicts surrounding the classification of event contracts, as it hopes to secure federal protection for its newly launched prediction markets. Coinbase challenges state authority over prediction markets Per a Dec. 19 X post from the exchange’s chief legal officer Paul Grewal, Coinbase has

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Economy

Coinbase stock price forms risky patterns as headwinds rise

Coinbase stock price has sunk into a technical bear market in the past few months as sentiment in the crypto industry waned. It was trading at $250 on Tuesday, down sharply from the July high of $444. This article explores what to expect in the coming weeks. Coinbase stock price faces major risks ahead  The

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Economy

Ingenico, WalletConnect bring native stablecoin checkout to 40M terminals

Ingenico is advancing its long-running crypto integration efforts with a new partnership that brings stablecoin payments directly to physical retail via a partnership with WalletConnect. According to a Jan. 13 announcement, the global payments terminal giant has teamed up with WalletConnect Pay to roll out native support for stablecoins at the point of sale. Stablecoin

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Economy

Circle and Coinbase to power Bermuda’s transition to an onchain economy

Bermuda has unveiled a national initiative to integrate blockchain into every layer of its financial system as it hopes to become the world’s first fully on-chain economy. The plan was announced during the World Economic Forum annual meeting in Davos, with support from crypto giants Circle and Coinbase, who will provide the infrastructure and tools

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Economy

Senate crypto bill delayed as banking committee shifts focus to housing

The post Senate crypto bill delayed as banking committee shifts focus to housing appeared first on Invezz

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Economy

Microsoft stock rebounds 4% as Wall Street reassesses valuation and momentum

Microsoft stock (NASDAQ: MSFT) jumped about 4% today, putting the tech heavyweight back in the spotlight as investors reassess both its fundamentals and its valuation. An industry comparison from Benzinga suggests Microsoft continues to stand out versus software peers on growth, profitability, and balance sheet strength, even as the signals across valuation metrics remain mixed.

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