BitFuFu ( (FUFU) ) has shared an announcement. BitFuFu reported a significant increase in its December 2024 Bitcoin production, achieving a 32% rise from the previous month, and holding a total of 1,720 BTC. The company’s strategic expansion includes a two-year agreement with BITMAIN to acquire up to 80,000 miners, aiming to bolster its hashrate capacity. BitFuFu’s cloud mining platform also grew substantially, surpassing 590,000 registered users. These developments highlight BitFuFu’s operation
Oil services provider Flowco seeks up to $2 billion valuation in US IPO
The U.S. IPO market experienced a revival in the previous year after nearly three years of avoiding large deals, as improved investor sentiment and near-record-high equity markets fuel renewed activity. Investors expect to see a continued uptick in U.S. IPO activity in 2025, bolstered by a bullish equities market and expectations of business-friendly policies from the incoming Trump administration.
Swiss Inflation Slows With More Central-Bank Easing Expected
(Bloomberg) -- Swiss inflation slowed in December, supporting the case for more easing in interest rates.Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeCan American Drivers Learn to Love Roundabouts?Dutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Don’t Shrink the BusCan States Hit the Brakes on Runaway Roadbuilding?Consumer prices rose 0.6% from a year ago, Switzerland’s statistics office said. That matches the median estimate in a Bloomberg s
Analysis-Trump's SEC pick likely to give Wall Street easier enforcement ride
President-elect Donald Trump's SEC pick voted several times against punishing big companies and was extremely critical of the agency's enforcement process when he was a top official there, according to public records and former SEC attorneys, in a possible glimpse of what is to come under his leadership. Paul Atkins voted against at least 10 enforcement actions punishing individuals and companies, including Citigroup and IBM, according to a Reuters review of Securities and Exchange Commission records from the final years of his 2002-2008 stint as a commissioner. In doing so, he defied his fellow Republican agency chairs.
Morning Bid: A JOLT of reality for markets
A look at the day ahead in U.S. and global markets by Amanda Cooper. Trading action so far has been dominated by uncertainty over incoming U.S. President Donald Trump's threatened tariffs. But the "will he, won't he" narrative looks likely to take a backseat as a number of key metrics on the labour market start to filter through ahead of Friday's jobs data.
Money market account rates today, January 7, 2025 (earn up to 5.00% APY)
Money market account interest rates today are well above historical norms. Find out where to get the best MMA rates.
The 'most important variable' to watch in markets right now: Morning Brief
The direction of interest rates remains a key point of focus for investors as 2025 trading begins.