Increased market penetration and adoption of stablecoins have put a damper on the South Korean CBDC plans. The country has applied brakes on its CBDC trial program that had been ongoing since April this year in the wake of stablecoin’s resurgence amidst political backing. The Bank of Korea (BoK) confirmed the current state of affairs … Read more
U.S. stocks climbed higher as softer inflation data improved the prospects of a Fed rate cut. U.S. stock indices erased early morning losses on hopes that a lower consumer price index reading might contribute to monetary easing. On Tuesday, June 12, the Dow Jones was up 0.17%, or 70 points, while the S&P 500 and … Read more
The S&P 500 rose 0.7% Friday, closing out a strong week as investors looked past weak consumer sentiment data and persistent inflation concerns. The index posted a 5% gain for the week, its best since November 2023, as tech stocks and easing trade tensions fueled optimism. The Nasdaq Composite added 0..5% and the Dow Jones … Read more
SUI crypto has gone up by by nearly 32%, upholding the positive momentum from the previous trading day. SUI-based meme coins such as MIU, LOFI and BLUB have also gained popularity. According to data from crypto.news, SUI (SUI) has gone up 31.8% in the past 24 hours of trading. Throughout the past few days, the … Read more
A widely followed trader is leaning bullish on the native token of a decentralized finance (DeFi) crypto project built on the Ethereum (ETH) ecosystem. The analyst pseudonymously known as Credible Crypto tells his 466,900 followers on the social media platform X that it is within the realm of possibility for Curve DAO (CRV) to witness … Read more