US banks just got the green light to dive deeper into crypto. The Office of the Comptroller of the Currency (OCC) recently announced that national banks can now act as middlemen in crypto trades. This means banks can buy crypto from one customer and sell it to another, without actually holding onto
Bitcoin's value slipped under $90, 000 on Sunday, signaling a cautious mood among investors. This drop comes as traders brace for a week packed with important economic reports and central bank decisions. Bitcoin's price hovered around $89, 600 in the early afternoon, marking a slight decline of abo
Microsoft is making some serious moves in the AI world. They just announced a huge investment of over $23 billion in AI infrastructure across India and Canada. This is a big deal because it shows they're serious about staying ahead in the AI game. The stock has been a bit shaky lately, but it's hol
This week, retail investors were buzzing about five standout stocks: Broadcom, Oracle, Netflix, Carvana, and Microsoft. These companies span different industries, from tech and AI to streaming and automotive, showing the wide range of interests among investors. Broadcom made headlines with its late
Galaxy Entertainment Group has become a hot topic among financial experts. Several analysts have shown interest, with one from Guotai Haitong going as far as to recommend buying the stock. They believe it could climb to HK$47. 50, but currently, it's trading at HK$38. 94. That's a significant differ
In a surprising turn of events, Japan's Finance Minister, Satsuki Katayama, hinted at a possible interest rate increase by the Bank of Japan. Speaking at an event in Sendai, she mentioned that there is no significant disagreement between the finance ministry and the central bank. This statement come
States are stepping up their game in the world of consumer finance. For a long time, Washington, D. C. was the main hub for enforcing rules in this area. But now, state attorneys general, banking departments, and legislatures are taking on more responsibility. This shift is changing the regulatory l
Tech stocks are making waves, and experts are sharing their thoughts on two big players: RedCloud Holdings plc (RCT) and Adyen (ADYYF). The buzz is positive, with analysts giving these companies a thumbs up. RedCloud Holdings plc (RCT) is catching attention. Blair Abernethy, a big shot at Rosenblat
Investors are changing their strategies. They are moving away from tech stocks. Instead, they are looking at other areas like banks, factories, and healthcare. This shift is clear in the stock market. The tech-heavy Nasdaq Composite had a tough week. It dropped by 1. 6%. The S&P 500 also fell by 0.
Klarna, the Swedish fintech giant, is diving into the world of stablecoins. They're teaming up with Stripe's Bridge to launch KlarnaUSD. This new digital currency will run on the Tempo blockchain, which is still in development. The plan is to roll it out globally next year. This isn't just any digi
