Circle (NYSE: CRCL) soared 34% on Wednesday, adding another 6% after-hours, as the U.S. Senate passed a landmark bill laying the groundwork for regulated, dollar-backed stablecoins. The move pushed Circle’s stock to $199.59 on Wednesday’s closing, with a high of $211.87 in after-hours trading. The stock is now up over 540% since its June 5…
YANGON: Myanmar’s deposed democratic leader Aung San Suu Kyi marked her 80th birthday in junta detention on Thursday, serving a raft of sentences set to last the rest of her life. Suu Kyi was the figurehead of Myanmar’s decade-long democratic thaw, becoming de facto leader as it opened up from military rule. But as the…
A large commercial ship floats off the coast in Bushehr, Iran, on January 15, 2025. Bushehr is Iran’s first nuclear seaport. Amir | Afp | Getty Images Israel and Iran’s escalating conflict has significantly driven up the cost of insurance for ships sailing through the Red Sea and Persian Gulf. Marine insurers are now charging…
Key takeaways BTC continues to trade above the $104k level despite the ongoing Middle East crisis. The U.S. Federal Reserve left interest rates unchanged but expects inflation to decline in the coming months. Federal Reserve leaves interest rates unchanged The major financial news of the week took place on Wednesday, with the FOMC confirming what…
STRASBOURG: Compulsory microchipping, as well as bans on ear-cropping and tail-docking, are among a set of new rules to protect cats and dogs that European lawmakers are due to vote on Thursday. The European Union is home to more than 72 million dogs and 83 million cats, according to the European Commission, which so far…
Steven Goldstein is based in London and responsible for MarketWatch’s coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch’s economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein. Adblock test (Why?)
Steven Goldstein is based in London and responsible for MarketWatch’s coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch’s economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein. Adblock test (Why?)
Beth Pinsker is a financial-planning columnist at MarketWatch. She has been a certified financial planner (CFP®) since 2018. Previously, she worked at Reuters, Fidelity and Walletpop.com. Prior to covering personal finance, she was a film critic and entertainment business reporter, writing for Entertainment Weekly, The Dallas Morning News and many other publications. Her book, “My…
Solana has declined by around 13% in the past week, which has brought the asset back to a major on-chain support cluster. Could this be where the bleed ends? Solana Has Strong On-Chain Support Between $145 & $147 In a new post on X, the on-chain analytics firm Glassnode has talked about where support and…
Dogecoin (DOGE) recovered from an intraday low of $0.164 to close near $0.171, posting a 4.7% bounce in line with broader market weakness. The move suggests institutional buyers may be quietly accumulating at lower levels as market participants brace for continued volatility. News Background Dogecoin’s rebound comes in the wake of intense selling pressure sparked…
