X is preparing to add trading buttons alongside cryptocurrency and stock market data displayed within its social-media feed, according to former product chief Nikita Bier, advancing Elon Musk’s effort to transform the platform into a broader financial-services application. Bier said on August 25 that “trade buttons” are coming soon to X’s Cashtags feature, which already
Kinetiq has unveiled Elysium, an upcoming Layer 2 network built for the Hyperliquid ecosystem that will use HYPE as its native gas asset and target higher-performance execution for spot trading, token launches and decentralized finance applications. Announced on August 24, Elysium is designed to address performance constraints encountered by applications operating through HyperEVM while maintaining
Wall Street analysts raised their price targets on Coinbase and Strategy on August 25, extending a wave of more constructive calls on crypto-linked equities following Bitcoin’s sharp rebound toward $80,000. Goldman Sachs analyst James Yaro increased the firm’s 12-month price target for Coinbase to $196 from $173 while maintaining a Buy rating. The new target
Ethereum’s Ether has lost 10% of its value in the last seven days, making it the second worst performer among the top 10, behind Dogecoin. The bearish performance saw Ether drop below $3k, with technical indicators suggesting further bearish movements in the near term. Ether’s funding rates flip negative Ether has dropped below $3k after
US President Donald Trump’s plan to grant Nvidia licences to ship more powerful artificial intelligence chips to China is triggering fresh backlash in Congress, including from prominent China hawks within his own party. The move is sharpening divisions in Washington over whether tighter export controls protect national security or weaken US influence in the global
US Energy Secretary Chris Wright called on the world to more than double oil production on Thursday, while simultaneously criticising the European Union and California for what he termed a wasteful focus on inefficient green energy. While the World Economic Forum (WEF) has increasingly focused its energy discussions on advancing lower-carbon policies, a conversation in
Top corporate leaders expressed relief after US President Donald Trump stepped back from imposing new tariffs on Europe, but warned that geopolitical uncertainty and regionalization remain central concerns for global business. Speaking to CNBC on the sidelines of the World Economic Forum in Davos, executives said the easing of immediate trade tensions had lifted markets,
This time last week, the S&P 500 hit yet another all-time high, coming within a couple of points of 7,000. Over the previous two months, the index had made a series of higher lows and higher highs. Over the same period, the VIX index, a measure of S&P volatility, had declined steadily, falling back to
Adobe stock price continued its freefall this week, reaching its lowest level since November 22, turning one of the best-known software companies into a fallen angel. ADBE dropped to a low of $294, down by 53% from its highest point in 2024, with its market capitalization falling from the all-time high of $288 billion to
Gold prices slipped on Thursday on easing geopolitical tensions over Greenland, which dented safe-haven demand. Meanwhile, silver prices on COMEX were higher as the white-metal hovered around the $93.5 per ounce mark. Oil prices fell more than 1% as US President Donald Trump softened threats against Greenland and Iran, allaying fears of lower supply. Additionally,