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  • Dec 17, 2024

Should You Forget Bitcoin and Buy Ethereum Instead in 2025?

Over the past month and a half, Bitcoin (CRYPTO: BTC) has dominated headlines. In a matter of weeks, the world's largest cryptocurrency surged nearly 50%, ultimately breaking through the $100,000 milestone to set a new all-time high near $107,000. This kind of performance has rightly placed Bitcoin center stage.

  • Dec 17, 2024

Trump bump? Fed officials prepare projections into new presidential term

WASHINGTON (Reuters) -Since Donald Trump's election to a second term last month, Federal Reserve policymakers including Chair Jerome Powell have said it is too soon to factor in the U.S. president-elect's yet-to-be-detailed policies into forecasts. But eight years ago Powell as a Fed governor joined the majority of his colleagues in doing just that, meeting records show, bumping up estimates for economic momentum and interest rates to reflect the expected effect of Trump’s tax cuts and other policies. So it may not be all that surprising that a growth upgrade for next year may be back in the cards again this week when Fed policymakers gather to deliver what is expected to be a third interest rate cut and to update their forecasts for growth, unemployment and inflation.

  • Dec 17, 2024

Why Are Teva And Sanofi Stocks Trading Higher On Tuesday?

On Tuesday, Teva Pharmaceutical Industries Ltd. (NYSE:TEVA) and Sanofi SA’s (NASDAQ:SNY) Phase 2b RELIEVE UCCD study met its primary endpoints in patients with ulcerative colitis (UC) and Crohn’s disease (CD). RELIEVE UCCD investigated duvakitug (TEV’574/SAR447189), a human IgG1-λ2 monoclonal antibody targeting TL1A, for moderate-to-severe inflammatory bowel disease (IBD). In the RELIEVE UCCD study, 36.2% (low-dose) and 47.8% (high-dose) of patients with ulcerative colitis treated with duvakitug

  • Dec 17, 2024

Crypto.com CEO Met Trump at Mar-a-Lago as Industry Seeks Influence in New Administration

(Bloomberg) -- Executives in the digital-asset industry are joining the ranks of tech CEOs making the pilgrimage to Mar-a-Lago to meet with President-elect Donald Trump before his impending return to the White House.Most Read from BloombergHow California Sees the World, and ItselfKris Marszalek, Chief Executive Officer of crypto exchange Crypto.com, met with Trump at the Florida golf resort on Monday. The pair discussed appointments related to the crypto industry, including in financial departme

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