Rwanda is contemplating launching a Central Bank Digital Currency (CBDC) because it does not want to be left behind and to prevent any hindrances to trade between the African country and its major trading partners. According to a deputy governor with the National Bank of Rwanda, the country should be prepared for digital currencies being…
Stock futures dropped and GameStop swung between gains and losses in choppy premarket trading. Election results in India, Mexico and South Africa have jolted global markets. https://www.wsj.com/articles/meme-stocks-remain-in-focus-e008797c
Chancellor Olaf Scholz’s Social Democrats overtook the Alternative for Germany in a new opinion poll, suggesting a string of controversies continues to erode support for the far-right party ahead of Sunday’s European Parliament elections. from Bloomberg Politics https://ift.tt/FmgxedO
UNITED STATES V HUNTER BIDEN – Opening arguments to begin in first son’s federal gun trial after jury seated. Continue reading … ALL EYES ON DELAWARE – 5 things to know about Hunter Biden trial. Continue reading … MOMENTUM SWING – Biden finally convinces voters to change their minds, but now they’re backing Trump. Continue…
Meme coins have been having a field day recently. Notcoin (NOT) is leading the charge, climbing over 25% in the past 24 hours and outperforming Solana’s trading volume. But while Notcoin is stealing the spotlight, new meme coin PlayDoge (PLAY) is also turning heads – and has raised an impressive $1.7 million in the first…
Oil futures declines extended Tuesday on concerns that the market will be oversupplied following OPEC+’s plan to return barrels to the market earlier than expected. Will Kennedy reports on Bloomberg Television. from Bloomberg Markets https://ift.tt/KYrUAB0
If you thought crypto had peaked in terms of bizarre projects, think again. Because a new AI-powered meme coin called WienerAI (WAI) has raised over $4 million in its limited-time presale phase. Offering advanced AI tech and high-yield staking opportunities, WienerAI is proving there’s still plenty of room for innovation (and humor) in the crypto…
The country’s fastest-growing religious group holds the keys to Brazil’s political future. Its president is fighting to regain their support. from Bloomberg Politics https://ift.tt/2Ob6nDa
Julian Emanuel, chief equity strategist at Evercore ISI, discusses exploring bonds and cash as his firm expects a slowdown in the US economy at the end of the year. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/IrO5klf
Bitfinex analysts have identified on-chain dynamics that suggest the crypto market’s correction phase is over, and investors have entered a re-accumulation phase, which precedes rallies. According to the latest Bitfinex Alpha report, crypto investors are buying bitcoin (BTC) and ether (ETH) at an increasingly consistent pace. The market shift from consolidation to re-accumulation is evident…