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XRP was stopped at over $1.60 during the business week, but it could be primed for a more sustained rebound. Although in a more modest manner, XRP whales have returned to the scene, amassing more tokens over the past week, which is categorized as the first bullish sign for the underlying asset. Another could come in the form of the technical tool used to determine whether that asset’s move in either direction has been exhausted and suggests a possible bounce. Whales Are Back CryptoPotato reported last week that Ripple whales had accumulated 200 million tokens in the span of…

When the gavel came down in December, Christie’s had set a record that created a buzz in the auction world.A Tiffany & Co. necklace adorned with a sparkling blue Paraiba tourmaline gem and diamonds sold for more than $4.2 million, 10 times its low estimate. A matching pair of earrings hit the block next, and it too sold for 10 times its estimate.A 13.54 carat Paraiba-type tourmaline and diamond necklace by Tiffany & Co. sold at a Christie’s auction in New York last December for $4.2 million, 10 times its low estimate.Courtesy: CHRISTIE’S IMAGES LTD. 2026″I think that was really…

In recent months, rising geopolitical instability has led European policymakers, central banks, and market participants to increasingly view payment networks as critical infrastructure that must be managed locally. As some European officials openly advocate for the preferential treatment of homegrown or national solutions, Kelly Devine, president of Mastercard Europe, has formally set out the company’s position on the sovereignty debate.Kelly Devine, president, Europe at MastercardDevine stated that regardless of where one stands in the debate, the facts should be clear: a European payment network already exists today operating for Europe’s benefit, and that network is Mastercard.“We are not an external…

Iran war news, oil price swings, global bond yields will be in focus this week. Ondas is the “buy” for those seeking high-risk, high-reward catalysts heading into earnings. PDD is the “sell” pick, as slowing growth and regulatory threats outweigh near-term upside, especially into its Q4 results. U.S. stocks tumbled on Friday, with the closing at its lowest level in six months, as the Middle East conflict kept oil prices elevated and reinforced inflation worries and the potential for higher interest rates. Source: Investing.com The major averages posted their fourth losing week in a row. The 30-stock dropped 2.1%, the…

The S&P 500 Index ($SPX) (SPY) on Friday closed down -1.51%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.96%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.88%.  March E-mini S&P futures (ESM26) fell -1.39%, and March E-mini Nasdaq futures (NQM26) fell -1.83%.Stocks plunged on Friday, with the S&P 500, the Dow Jones Industrials, and the Nasdaq 100 falling to 6.25-month lows.  Stocks fell sharply on Friday amid concerns about the spillover effects of elevated energy costs from the war with Iran to inflation and economic growth. Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read…

The government’s top cost of living adviser has called on ministers to explore a temporary cap on the profits of energy and petrol companies to prevent them from cashing in excessively on the war in the Middle East.Richard Walker – a Labour peer, the chair of Iceland supermarkets and the prime minister’s “cost of living champion” – said he had asked the government to examine limiting how much businesses were able to benefit from higher energy prices after Iran’s blockade of the strait of Hormuz, a crucial shipping route for Europe’s oil and gas, and the wider conflict in the…

Robert Mueller, special counsel who probed but did not charge Trump, dies at 81

WASHINGTON—Comptroller of the Currency Jonathan V. Gould issued the following statement today at the Federal Deposit Insurance Corporation’s (FDIC) board meeting about two proposals to modernize the regulatory capital framework for banking organizations of all sizes. Today’s proposals are another important step in resetting the risk tolerance for the banking system and restoring banks to their proper role as financial intermediaries. The OCC currently estimates that the banks it supervises will see an aggregate reduction in minimum binding capital requirements of 6.9% under the proposed standardized approach. And the very largest OCC-supervised banks will see a reduction of 3.4% under…

The recent guidance from the United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission establishing a taxonomy for digital assets put a “final nail” in the coffin of SEC policy under former Chairman Gary Gensler, according to Alex Thorn, the head of firmwide research at investment firm Galaxy.The SEC guidance, published on Tuesday, established a taxonomy for digital assets, dividing them into five categories, including digital commodities, digital collectibles like non-fungible tokens (NFTs), digital tools, stablecoins, and tokenized securities. The SEC guidance published on Tuesday establishes which digital assets qualify as securities. Source: SECUnder the old SEC…

Wall Street fears higher prices and slower growth will sink all stocks — but small-caps and housing hold their own.