Capital One stock (NYSE: COF) tumbled nearly 10% in pre-market trading on Monday after President Donald Trump called for a one-year cap on credit card interest rates at 10%. The proposal sent shock waves through the banking sector and immediately triggered alarms about lending profitability and consumer credit access. The announcement, made without implementation details,
Abivax stock (EPA: ABVX) surged roughly 30% in early Paris trading Monday after French media reported that US pharmaceutical giant Eli Lilly was preparing a €15 billion ($17.5 billion) acquisition offer for the French biotech. The move would value the company at nearly double its current market capitalization and cap an extraordinary year of gains
BitGo Holdings, Inc., a California-based cryptocurrency custody firm, has announced its plans to raise $201 million as it lists in the United States via an initial public offering (IPO). According to details, BitGo targets a valuation of up to $1.96 billion for its US IPO, with the company looking to capitalize on growing institutional interest
US stocks fell on Monday after the Department of Justice opened a criminal investigation into Federal Reserve Chair Jerome Powell, marking a sharp escalation in President Donald Trump’s long-running effort to pressure the central bank. The Dow Jones Industrial Average fell 388 points, or 0.8%. The S&P 500 slipped 0.3%, while the Nasdaq Composite also
Cryptocurrency prices remained under pressure after the Federal Reserve left interest rates unchanged. Bitcoin remains above $100,000, while most altcoins attempted to crawl back. This article provides a forecast for popular cryptocurrencies like JasmyCoin (JASMY), Litecoin (LTC), and VeChain (VET). Jasmy price prediction JasmyCoin price peaked at $0.0592 in November last year and then suffered
The cryptocurrency market displayed strong bullish momentum on Thursday, shrugging off hotter-than-expected US inflation data for January. Bitcoin (BTC) regained ground above $96,000, while Ethereum (ETH), XRP, and Solana (SOL) traded firmly in the green. Despite a higher-than-expected US Consumer Price Index (CPI) reading of 3% year-over-year for January, the global cryptocurrency market cap rose
The cryptocurrency market experienced continued turbulence on February 17, with Bitcoin (BTC) and several altcoins facing price drops amid broader macroeconomic uncertainty. Despite these struggles, some coins defied the market trend, including Sonic (S), which emerged as the top gainer. Bitcoin (BTC) price struggled on Monday, dropping by nearly 1% to $96,215. Throughout the day,
VeThor Token (VTHO), the gas token powering transactions on the VeChainThor blockchain, recently underwent a striking price surge, soaring from $0.00167 to a peak of $0.003399 on Binance in just one day, before settling at $0.002891, reflecting a 39.1% gain over 24 hours. This impressive rally coincided with an extraordinary 24-hour trading volume of $504.88
Asset management behemoth Franklin Templeton has partnered with VeChain, to deploy its BENJI platform on the layer-1 blockchain. According to a July 24 announcement, the integration will allow businesses on VeChain to access Franklin Templeton’s tokenized money market fund, offering an additional stablecoin-like payment and cash management tool. BitGo will serve as the custody partner
VeChain Foundation has selected Crypto.com to bring further institutional access and over the counter trading for VeChainThor’s native tokens VeChain (VET) and VeThor (VTHO). Adopting Crypto.com Custody for its institutional users will allow VeChain to bring custody services to qualified institutions and high-net-worth clients. This means tapping into Crypto.com’s secure custody solution to enable institutions