BHP Drops $60 Billion Anglo-American Deal Due to Market Instability and Regulatory Challenges
- China's Zhao Leji urged NZ economic ties in green energy/digital sectors during landmark visit, aligning with Beijing's five-year plan. - BHP abruptly canceled $60B Anglo-American merger due to volatile markets and regulatory hurdles, reversing 2024 proposal. - Modi praised G20 outcomes as global cooperation milestone, highlighting bilateral engagements with Japan/Italy leaders. - Snapchat introduced bank-linked age verification in Australia to comply with social media restrictions ahead of fines. - Cryp
During a historic visit, Zhao Leji, China's third-highest official, advocated for deeper economic ties with New Zealand, highlighting green energy, digital technology, and infrastructure as priority sectors for cooperation
Elsewhere, global financial markets responded to a significant corporate development as
In Asia, Indian Prime Minister Narendra Modi
Separately, in Australia, regulators saw Snapchat (SNAP) roll out a bank-integrated age verification feature to meet upcoming social media regulations
Cryptocurrency markets experienced renewed volatility as Strategy, a Bitcoin-centric company, joined others in urging a boycott of JP Morgan over proposed changes to the MSCI index
---
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana News Update: Dawn: Solana's Fast Track to International Financial Markets
- Wormhole Labs launched Sunrise, a Solana platform for instant token listings via NTT framework, bypassing wrapped tokens. - MON became first token listed on Nov 23, enabling immediate trading on Jupiter and Orb DEXs with native liquidity. - Platform addresses Solana DeFi's fragmented liquidity by standardizing cross-chain entry for new assets from day one. - Sunrise aims to expand beyond crypto to tokenized commodities and real-world assets, competing with Ethereum's DeFi dominance.

Hyperliquid News Today: Crypto Faces Widespread Challenges as Short Sellers Profit and Long Positions Suffer Amid Market Volatility
- HYPE whale 0x082 faces $10M unrealized loss after 126% price drop, raising pre-announcement trading suspicions. - Abraxas Capital liquidates $620K in HYPE shorts while BitMine reports $3.7B ETH unrealized loss amid compressed crypto premiums. - Hyperliquid's 0x5D2F nets $51M BTC short profits as 53.2% of platform positions favor bearish bets. - Robinhood's $1.27B Q3 revenue surge contrasts with $1.5B insider share sales and tokenized stock expansion into Europe. - Market fragility persists with declining

ICP Jumps 30% in a Week: What’s Fueling the Buzz and What Could Happen Next?
- ICP token surged 30% in 7 days amid whale accumulation and rising network adoption metrics. - Daily active addresses rose 35% while DEX volumes hit $843.5M, signaling growing decentralized computing utility. - Futures open interest reached $188M as retail optimism clashes with technical concerns below EMA-9 at $5.40. - Key resistance at $6.47 could trigger further gains if ICP sustains above $5.40, but leveraged positions pose correction risks.

Grayscale & Franklin Templeton XRP ETFs Go Live: What’s Next for XRPs Price?