Sanae Takaichi’s bid to be elected as Japan’s first female Prime Minister appeared to gain some momentum this week, with a key parliamentary vote to pick the next premier scheduled for Tuesday.
Some investors see stablecoins as a way to boost the yuan's global role, but Bank of America analysts said they are unlikely to be a major catalyst for the Chinese currency's internationalization.
Silver prices fell by almost 6% on Friday, posting their largest decline in six months, as the precious metals retreated from a recent rally.
Companies have put their stablecoin ambitions on hold after receiving instructions from Chinese regulators.
On Friday, member countries of the International Monetary Fund expressed concern about growing trade tensions, the development of artificial intelligence, and changes in global markets
AI has become the defining theme of the current market cycle.
EOS was trading at $0.6691 by 02:02 (06:02 GMT) on the Investing.com Index on Saturday, up 11.46% on the day. It was the largest one-day percentage gain since October 15.
Europe is failing to capture the economic upside of the global AI surge, even as the technology drives a noticeable boost to U.S. growth, Capital Economics said in a Tuesday note.
The current infrastructure of correspondent bank networks, where over $150 trillion is moved annually, takes two to five days to process a payment transaction.
Several long-time and staunch Bitcoin proponents, including Jack Dorsey, are working on integrating Bitcoin into the privacy-focused messaging app Signal.