London’s FTSE 100 fell, although it touched another record high during the session, dragged down by losses in healthcare and energy stocks, while Tesco shares climbed after the supermarket giant lifted its annual profit outlook.
Japanese investment company Metaplanet has acquired an additional 5,268 Bitcoin, worth roughly $600 million at current market prices. Metaplanet announced on Wednesday that its latest purchase has brought its total Bitcoin holdings to 30,823 BTC.
The U.S. dollar slid to two-week lows against the yen after data showed private-sector jobs in the world’s largest economy contracted last month, boosting expectations the Federal Reserve will cut interest rates two more times this year.
Tesla CEO Elon Musk became the first person in history to achieve a net worth of nearly $500 billion, propelled by a rebound in the EV company’s shares and surging valuations of the tech entrepreneur’s other startups.
Inflows into Bitcoin exchange-traded funds totalled over $240 million in September, despite Bitcoin price slumping. Meanwhile, stablecoin growth isn’t slowing down. The total stablecoin market capitalization has surpassed $295 billion over the last month.
Top U.S. oil major Exxon Mobil said it will lay off 2,000 workers globally, particularly in Canada and across the European Union, as part of a long-term restructuring plan that will affect about 3% to 4% of the company’s workforce.
