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By Siddarth S Citigroup set its 12-month forecasts for bitcoin and ether at $143,000 and $4,304, respectively, betting on regulatory easing and increased adoption.The Wall Street brokerage's target for bitcoin implies a roughly 62% upside from its trading level of $88,085.42, as of 1000 GMT. For…
MARKET WRAPSSTOCKS: Stocks fell to start December after five straight days of gains.TREASURYS: Treasurys sold off, sending yields higher, after President Trump said he has made up his mind about Federal Reserve Chair Jerome Powell's successor.FOREX: The dollar edged lower amid growing speculation th…
0805 GMT - Bitcoin rises as hopes for an imminent end to the U.S. government shutdown boost risk sentiment. The Senate on Sunday advanced a bill to fund the government until January 30. "If we do get an end of the shutdown, it would be a near term positive," Jefferies economist Mohit Kumar says in a…
1153 GMT - Bitcoin could feature alongside gold on central bank balance sheets by 2030, Deutsche Bank economists say in a note. "The case for bitcoin as a strategic reserve asset is strengthening," they say. The cryptocurrency is emerging as a more legitimized asset as its liquidity deepens and regu…
0718 GMT - Bitcoin stays higher after rising to a record Sunday as investors seek alternative assets amid a U.S. government shutdown and political concerns elsewhere. The federal shutdown has been in shutdown since Wednesday. The Senate is scheduled to vote again on a stopgap spending measure, altho…
0705 GMT - Bitcoin remains stronger after reaching a seven-week high overnight as U.S. stocks rose to fresh records after a weak U.S. private payrolls data fuelled expectations for further interest-rate cuts. ADP data on Wednesday showed private employers unexpectedly shed 32,000 jobs in September. …
0707 GMT - Bitcoin falls to a two-month low following a slump in U.S. tech stocks. The S&P 500 dropped sharply Friday as earnings from semiconductor giant Nvidia earlier in the week dampened investor sentiment. Nvidia's revenue forecast failed to meet investors' highest expectations. Its data-center…
GMT will host a community call on September 4th at 10:00 UTC. The session will cover recent developments in both STEPN and STEPN GO, under the theme “STEPSeptember 4”. Two pairs of STEPN GO sneakers will be given away, with winners selected via comment interaction and a live draw. Refer to the offi…
0815 GMT - Bitcoin rises slightly but has pulled back from the four-week high reached in the previous session as some traders take profits. Risk sentiment improves after President Trump announced another 90-day pause on higher tariffs against China. He also indicated he would consider allowing Nvidi…
STEPN has launched the second round of its auction in collaboration with Pantone, offering users another opportunity to bid for one of five exclusive Purple Genesis Sneakers. The auction is live on Mooar and will run until August 7 at 12:00 PM UTC. Refer to the official tweet by GMT: 🚨 Round 2 of th…
0728 GMT - Bitcoin rises marginally but continues to trade in a relatively tight range following a retracement from record highs. The cryptocurrency reached a record high of $123,153 on July 14, LSEG data show. This was driven by optimism over the passing of landmark crypto legislation in the U.S. H…
STEPN will host a community call on X, on July 24th at 10:00 UTC. The event will include updates on internal developments, the second drop with Argentina, and a preview of upcoming events. Two pairs of STEPN GO sneakers will be given away live during the session. Participants can join by liking, ret…