{ }
The Straits Times Index (STI) fell 2.43% this week, closing at 3,719.93 amid global economic concerns. CapitaLand Investment announced a S$162 million sale of its stapled securities and plans to acquire Wingate Group's investment management business for A$200 million. Jardine Matheson Holdings saw a significant decline of over 7%, while the U.S. markets continued their downward trend despite a late-week rally.
Google leads a watch list of five stocks near buy points amid market volatility, including CyberArk, Doximity, Sea Ltd., and ACV Auctions. The market reacted to a calming inflation report, but concerns over the Federal Reserve's interest-rate outlook and political developments remain. Analysts see potential benefits for these stocks, particularly Google, if TikTok faces a ban.
Crypto.com has extended its partnership with Formula 1 until 2030, enhancing its role as the official crypto sponsor and NFT partner. This collaboration, which began in 2021, aims to leverage F1's vast global audience to promote crypto adoption and blockchain integration, particularly through events like the Miami Grand Prix. The partnership reflects both organizations' commitment to innovation and growth in the rapidly expanding digital asset space.
Bedrock has launched brBTC, a new liquid restaking token aimed at enhancing Bitcoin's role in decentralized finance (DeFi) through BTCFi 2.0. This initiative addresses challenges like fragmented liquidity and limited restaking opportunities by creating a unified ecosystem that integrates various Bitcoin derivatives and offers diversified yield strategies. With real-world applications, brBTC is set to maximize yield and strengthen Bitcoin's utility in both DeFi and traditional finance.
Foresight Ventures has released a research report on Story, highlighting its innovative Agent Transaction Control Protocol for Intellectual Property (ATCP/IP), which facilitates trustless IP management and automated licensing. This framework empowers creators by integrating AI and blockchain, enabling seamless trading of datasets and algorithms. Story's modular approach addresses diverse market needs, positioning it as a transformative force in the AI-driven IP economy.
Foresight Ventures has released a research report on Story, highlighting its innovative Agent Transaction Control Protocol for Intellectual Property (ATCP/IP), which facilitates trustless IP management and automated licensing. This framework empowers creators by enabling AI agents to autonomously manage and trade intellectual property, fostering a decentralized ecosystem that bridges blockchain and AI. Story's modular approach addresses diverse market needs, from tokenized IPs to royalty-based financial derivatives, promoting sustainable innovation and collaboration.
Bybit is launching a campaign for first-time depositors, offering rewards ranging from 5 USDT to 0.1 BTC through its One-Click Buy feature. Participants who deposit at least $100 will receive a lucky draw ticket with a guaranteed win, available until January 16, 2025. The initiative aims to simplify crypto trading and enhance accessibility for new users.
Bitcoin (BTC) and major cryptocurrencies faced significant losses, with BTC dropping 4.2% and Dogecoin (DOGE) plummeting 11%, extending its weekly decline to over 21%. The downturn followed a hawkish FOMC meeting, triggering a selloff across risk assets, including a 3.5% drop in Nasdaq and a 2.9% decline in the S&P 500. Traders noted that overly bullish market sentiment prior to the meeting left the market vulnerable to shocks, despite December typically being a bullish month for BTC.
MEET48 is set to revolutionize the entertainment industry with its AI-driven idol platform, Mars Protocol, launching in Q1 2025. This innovative ecosystem combines Web3 technology with fan engagement, allowing users to create and interact with AI idols while participating in a decentralized economy through IDOL tokens and Meme coins. With a peak of 537,000 daily active users, MEET48 is positioned as a leader in the global fan economy, supported by a $50 million investment in R&D.
Asian indices are set for a mixed open following a hawkish Federal Reserve outlook, with the Nikkei 225 up 0.32% while the ASX 200 and KOSPI decline by 1.12% and 1.28%, respectively. Key economic data, including China's loan prime rate decision and upcoming U.S. core PCE price data, will be closely monitored as they may influence market sentiment and Treasury yields. The ASX 200 is testing support levels, while the Singapore Blue Chip index shows signs of bearish divergence, and the China A50 remains range-bound amid policy uncertainty.
IG
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.