UK Economy Grows 0.1% in August, Outpacing Expectations Ahead of Budget
British gross domestic product expanded by 0.1% in August, beating forecasts but highlighting a broader slowdown as the country faces a difficult upcoming budget.
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Bitcoin ETFs Face Sustained Outflows Amid Broader Crypto Market Weakness
Spot Bitcoin exchange-traded funds recorded $151 million in net withdrawals this week, extending a trend of significant outflows as Ether and Solana ETFs also saw investors pull capital.
Nigeria's Central Bank Signals Policy Shift with Key Rate Cut to 23%
The Central Bank of Nigeria has lowered its benchmark interest rate, marking a significant pivot from a prolonged period of monetary tightening aimed at fostering economic growth.
Crypto Liquidations Near $1 Billion as Bitcoin and Ether Slump
Uncertainty surrounding the Federal Reserve's monetary path triggers a wave of forced position closures across major digital assets.
Bitcoin Slips Below $81,000 as Asian Equities Plunge on Inflation Pressures
Cryptocurrencies and Asian stock markets retreated sharply on Thursday following hotter-than-expected U.S. inflation data and surging oil prices.
South Korea Plans Major Financial Cybersecurity Overhaul After Breaches
The Financial Services Commission targets stricter rules and executive accountability following security failures at 130 firms.
US Reduces Refugee Status Challenge Window to Ten Days
Washington shortens the timeframe for refugees to appeal legal status termination, sparking deportation concerns amid tighter global immigration policies.
AI Trade Splinters as Inflation Fears Weight on Tech Stocks
Rising borrowing costs and persistent inflation prompt investor anxiety over the viability of massive artificial intelligence infrastructure spending.
US Stocks Plunge on Inflation Fears, Bitcoin Miners Among Hardest Hit Tech Firms
Wall Street experienced its steepest selloff since July after September's inflation data exceeded forecasts, leading to widespread declines across technology and AI infrastructure companies, including major Bitcoin miners.
AI Jitters and Inflation Fears Drive Tech Sell-Off; Crypto Also Under Pressure
Investors are pulling back from growth sectors amid concerns over cooling AI revenue, tumbling AI bonds, and persistent inflation, leading to broad declines in tech stocks and cryptocurrencies.
White House Crypto Adviser Patrick Witt Departs Amid Legislative Stalls
The administration's top digital asset adviser leaves his post as key industry legislation fails to advance.
Anthropic Growth Slows Ahead of Public Debut, Stoking AI Jitters
Cooling revenue expansion at the artificial intelligence startup amplifies broader market anxieties regarding the sector's high valuation trajectory.