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The perspective of Dennis Shen, Macroeconomic Council, Scope Ratings.

The S&P 500 Index ($SPX) (SPY) on Friday closed down by -1.07%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down by -0.51%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -1.91%.  December E-mini S&P futures (ESZ25) fell -1.07%, and December E-mini Nasdaq futures (NQZ25) fell -1.94%.Stock indexes sold off sharply on Friday, with the S&P 500 posting a 1.5-week low, the Nasdaq 100 a 2-week low, and the Dow Jones Industrial Average retreating from a new all-time high.  Friday’s slump in technology shares weighed on the broader market. Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a…

ntroduction Privacy-focused players in New Zealand are turning to anonymous crypto casinos for secure, hassle-free gambling. No KYC casino New Zealand options let you skip identity verification while enjoying thousands of games. These platforms accept Bitcoin, Ethereum, and other cryptocurrencies for instant deposits and withdrawals. Private gambling NZ sites protect your financial data from third parties. Many players prefer the freedom of email-only registration without uploading personal documents. This guide reviews the 10 best anonymous crypto casino NZ platforms. We’ve tested each site’s security, game selection, bonuses, and withdrawal speeds. Whether you’re seeking slots, live dealers, or sports betting, these…

Executive Heather Planishek has been appointed as CEO of Lambda, an AI cloud infrastructure provider. Planishek will lead Lambda’s global finance organization as the company continues to expand its infrastructure footprint and operations. Additionally, Planishek will oversee Lambda’s financial strategy, planning, accounting, treasury, investor relations, and business systems. As part of the transition, Planishek will be stepping down from her role at Lambda’s board of directors, after joining the board in July.  Prior to joining Lambda, Planishek most recently served as COO and CFO at Tines, the intelligent workflow platform.  Financial advisors Chris Sauve and Dominic Benetti have joined Cetera Financial and oversee about $147M in assets under administration at their Michigan-based firm Great Lakes Wealth Advisors. Sauve and Benetti joined Cetera after…

A group of crypto organizations has pushed back on Citadel Securities’ request that the Securities and Exchange Commission tighten regulations on decentralized finance when it comes to tokenized stocks.Andreessen Horowitz, the Uniswap Foundation, along with crypto lobby groups the DeFi Education Fund and The Digital Chamber, among others, said they wanted “to correct several factual mischaracterizations and misleading statements” in a letter to the SEC on Friday.The group was responding to a letter from Citadel earlier this month, which urged the SEC not to give DeFi platforms “broad exemptive relief” for offering trading of tokenized US equities, arguing they could…

Over the past decade, smartphones have become deeply integrated into our lives, acting as payment tools, social hubs, entertainment centers, and even office platforms. However, their potential extends far beyond this—they can also be transformed into 24/7 “portable mining rigs” generating income. In the current climate of slowing economic growth and persistent inflationary pressure, “transitioning the phone from a pure consumption device to a tool for creating cash flow” is becoming a quietly growing trend. The backbone of this trend is the cloud mining model, once confined to professional circles, now accessible through mobile apps. DL Mining: A Cloud Mining…

Vilnius, Lithuania, December 12th, 2025, Chainwire BTCC, the world’s longest-serving cryptocurrency exchange, has been named Best Centralized Exchange in the Community Choice category at The BeInCrypto 100 Awards 2025. The award was announced during a live virtual ceremony on December 10, 2025. The BeInCrypto 100 Awards is an annual event celebrating the leaders, products, and initiatives shaping the future of Web3, organized by BeInCrypto, a reputable independent news and media platform, in partnership with Binance Square. In the “Best Centralized Exchanges” category, BTCC received the highest number of votes from global cryptocurrency users. “Winning the community vote for ‘Best Centralized…

HANGZHOU, China, Dec. 12, 2025 /PRNewswire/ — Jiuzi Holdings, Inc. (Nasdaq: JZXN) (“Jiuzi” or the “Company”) today announced that it has signed a Memorandum of Understanding (“MOU”) with several institutional investors to increase its private placement financing size to up to US$1 billion. This represents a significant expansion from the previously disclosed US$12 million private placement plan on October 7, 2025, highlighting strong institutional investor confidence in Jiuzi’s strategic transformation into the high-growth crypto asset services sector. This expanded private placement represents an 80-fold increase in committed capital. The funds will be used to support the development of the Company’s…

APIA, Samoa, Dec. 12, 2025 /PRNewswire/ — Phemex, a user-first crypto exchange, successfully co-hosted the 7th edition of LONGITUDE with Cointelegraph on December 11 at the Rosewood Hotel in Abu Dhabi. Held alongside Abu Dhabi Finance Week, the gathering brought together Web3 leaders and institutional innovators for an evening of strategic dialogue, celebrating Phemex’s 6th anniversary. The exclusive agenda featured industry heavyweights including Anthony Scaramucci (SkyBridge) and Kristin Smith (Solana Policy Institute), who dissected market trends in the “Solana SZN” panel, while Eli Ben-Sasson (StarkWare) explored the critical role of privacy in a dedicated fireside chat. Meanwhile, the night’s centerpiece…

The S&P 500 Index ($SPX) (SPY) on Thursday closed up by +0.21%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up by +1.34%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.35%.  December E-mini S&P futures (ESZ25) rose +0.23%, and December E-mini Nasdaq futures (NQZ25) fell -0.33%.Stock indexes settled mixed on Thursday, with the S&P 500 posting a 6-week high and the Dow Jones Industrials climbing to a new all-time high. The broader market found underlying support on Thursday after bond yields moved lower amid a jump in weekly jobless claims, which is dovish for Fed policy.  Also, managed healthcare stocks staged a…