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(Bloomberg) -- The UK is expected to decide early in the new year whether it will continue to release key economic data before financial markets open, a practice that investors say spurs volatility that also feeds through to the real economy. Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThe statistics regulator said it will share its verdict early in 2025 after considering evidence from the Off

(Bloomberg) -- Nations failed to agree on a treaty to curb plastic pollution after two years of divisive negotiations, as oil suppliers including Saudi Arabia and Russia blocked attempts to limit production.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsAs Wars Rage, Cities Face a Dark New Era of Urban DestructionAlmost 200 countries joined a week-long United Nations-backed summit in Busan, South Korea, which concluded in the early hours of Monday without

(Bloomberg) -- Rakuten Group Inc. hired banks for a $500 million bond sale at a time when high-yield dollar note funding costs are near 17-year lows.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThe Japanese e-commerce firm is considering the sale of hybrid perpetual notes that can be called after five years, according to a person fami

(Bloomberg) -- US exchange-traded funds investing directly in Bitcoin and Ether are enjoying unprecedented demand, buoyed by President-elect Donald Trump’s pledge to unfetter the crypto industry from regulatory shackles.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThe groups of Bitcoin and Ether ETFs each posted record monthly net inf

(Bloomberg) -- With events from elections to central-bank rate moves to wars threatening upheaval in the markets, investors are increasingly seeking a pre-determined payoff if they bet right. Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesAs Wars Rage, Cities Face a Dark New Era of Urban DestructionWhile many traders — from mom-and-pops to systematic hedge funds — are using zero-day-to-expiry lis

Ether's Price Chart Now Mirrors a Pattern That Foretold Bitcoin's Record Rally

Ether's Price Chart Now Mirrors a Pattern That Foretold Bitcoin's Record Rally

Improved outlook for the DeFi space and warmer regulatory climate with incoming U.S. administration are main drivers behind the sentiment shift towards ether, LMAX strategist Joel Kruger said.

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After a blistering post-election rally that saw Bitcoin (CRYPTO: BTC) soar by nearly 40%, investors were quick to credit the pro-crypto optimism surrounding a Donald Trump presidency. While Bitcoin has since pulled back from the $100,000 mark, all lights seem to be flashing green for crypto as we head into 2025. Will a Donald Trump presidency lift the entire crypto market, or will it primarily boost the fortunes of Bitcoin?