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US & UK Seize $14 B Bitcoin in Massive Crackdown on Crypto Scammers

Bitcoin Hovers Near All-Time High as Institutional Demand Surges

Bitcoin is trading close to its all-time high following a strong rally fueled by robust investor demand, institutional inflows, and favorable U.S. policy signals. On Sunday, it briefly surpassed $125,000, reaching a peak of $125,653.32, before settling back around $125,081.85.  The cryptocurrency’s upward trajectory this year—over 33% gains year-to-date—is underpinned by flows from institutions and…

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Bank of America Predicts Gold Could Hit $5,000/oz in 2026

Goldman Sachs Boosts 2026 Gold Forecast to $4,900/Oz on Sticky Demand

Goldman Sachs has raised its projected December 2026 gold price to $4,900 per ounce, up from $4,300, citing robust inflows into Western gold-backed ETFs and continued central bank buying.  The firm argues that ETF and central bank demand have become “sticky”—meaning they’re not just speculative spikes but persistent structural drivers pushing the baseline higher.  Goldman…

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Yen Hits Two-Month Low as Japan Election Uncertainty Drags Currency

Yen Hits Two-Month Low as Japan Election Uncertainty Drags Currency

Japan’s yen slid to a two-month low against the U.S. dollar, as financial markets responded nervously to the recent leadership victory of Sanae Takaichi in the ruling Liberal Democratic Party.  The drop reflects investor trepidation about Takaichi’s dovish fiscal stance and doubts about how her administration will affect monetary and economic policy.  At one point,…

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PayPal Taps India’s UPI as First Payments Partner for Global Platform

PayPal Taps India’s UPI as First Payments Partner for Global Platform

PayPal CEO Alex Chriss announced that India’s Unified Payments Interface (UPI) has become the first onboarded payments system partner for PayPal’s global payments platform, PayPal World.  This collaboration allows Indian users to transact internationally using UPI, bridging domestic digital payments with PayPal’s global reach.  Chriss highlighted how complex global financial regulations are a challenge, and…

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Novo Nordisk shares fall after Trump pledges sharp weight-loss drug price cuts.

Novo Nordisk Cuts U.S. Plant Jobs in Strategic Restructuring

Novo Nordisk has quietly initiated job cuts at its Clayton, North Carolina facility—the company’s largest U.S. manufacturing site for its blockbuster obesity and diabetes drugs—according to LinkedIn profiles and internal posts.  These reductions target frontline roles from quality control to production technicians, underscoring how deep the restructuring is going under new CEO Mike Doustdar.  The…

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