Category: Top Story

Oil prices slipped on Thursday as investors assessed the implications of the Federal Reserve’s rate cut, the outcome of the Trump-Xi trade meeting, and prospects for new supply measures from OPEC+ later this week. By 08:25 ET (12:25 GMT), Brent crude for December delivery was down 0.7% at $63.86 per barrel, while West Texas Intermediate…

Mastercard (NYSE:MA) is poised to strengthen its position in the digital asset ecosystem with the acquisition of ZeroHash, a cryptocurrency and stablecoin infrastructure startup valued between $1.5 billion and $2 billion. According to Fortune sources , the payments giant is in advanced negotiations with the startup and, if the deal goes through, could become a leader in…

Binance.US defended itself against accusations of political favoritism made by US lawmakers after listing the stablecoin USD1 (COIN:USD1USD), linked to World Liberty Financial, a company associated with US President Donald Trump. The crypto exchange called the allegations “unfounded” and reiterated that the decision was strictly commercial. Democratic Senator Chris Murphy accused Binance of acting in…

Traditionally restricted currencies, such as the yen and the won, have gained international reach within the crypto ecosystem. The utility of a stablecoin pegged to an Asian currency in the context of financial digitization represents a new instrument for integrating local economies and global markets. In the case of Japan, the full convertibility of the…

Hedera Hashgraph returned to the spotlight after the launch of the first HBAR ETF on Nasdaq by asset manager Canary Capital Group. Named HBR (NASDAQ:HBR), the fund recorded inflows of approximately US$8 million on its first day of trading. The ETF offers direct exposure to the HBAR token (COIN:HBARUSD), the native asset of the Hedera network, which…

The Bitwise Solana Staking ETF (AMEX:BSOL) was hailed as the strongest ETF launch of 2025, exceeding expectations and achieving record volumes. It traded $72.4 million on its second day and $56 million on its debut, making it the fund with the highest volume among nearly 850 ETF launches this year. Bitwise Asset Management has temporarily…

ServiceNow (NYSE:NOW) posted stronger-than-expected third-quarter results on Thursday, driven by continued demand for its AI-powered workflow automation tools. Shares of the enterprise software company gained 3% in premarket trading following the release. The company reported earnings of $4.82 per share, comfortably ahead of analyst forecasts of $4.26, while revenue surged 22% year over year to…

eBay Inc. (NASDAQ:EBAY) shares sank 10% in premarket trading on Thursday after the online marketplace delivered stronger-than-expected third-quarter results but issued weaker profit guidance for the upcoming quarter. The company reported adjusted earnings of $1.36 per share, topping the $1.33 consensus forecast, while revenue climbed 9% year over year to $2.8 billion, ahead of analysts’…

Gold prices rose on Thursday, snapping a four-day losing streak in Asian trading after the Federal Reserve’s rate cut and a lack of concrete progress in U.S.-China trade talks prompted renewed safe-haven buying. At 02:51 ET (06:51 GMT), spot gold climbed 1% to $3,967.03 per ounce, while U.S. gold futures edged 0.4% lower to $3,983.10.…