🤝Oracle-led Consortium To Take 80% TikTok U.S.

☀️Good morning. It's Wednesday, Sep. 17, and we're covering, European Stocks Edge Higher Ahead Of Fed Decision, Oracle-led consortium To Take 80% Control Of TikTok U.S, Prosecutors To Seek Death Penalty For Charlie Kirk’s Accused Assassin, and much more. First time reading? Sign up to get this newsletter: Sign up here.

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MARKETS

Cryptocurrency Prices by Market Cap

• The global cryptocurrency market cap today is $4.06 Trillion, a 1.13% increase in the last 24 hours.

• The total crypto market volume over the last 24 hours is $146.92B, which makes a 9.54% decrease.

• The total volume in Defi is currently $16.13B, 10.98% of the total crypto market 24-hours.

• The volume of all stablecoins is now $141.73B, which is 96.47% of the total market 24-hour volume.

• Bitcoin’s dominance is currently 57.54%, an increase of 0.04% over the day.

XRP, BNB, and Hyperliquid Lead Altcoin Gains Ahead Of Fed Rate Decision

Altcoins posted modest gains Tuesday as traders braced for the Federal Reserve’s widely expected interest rate cut. Top movers: BNB (+2.5%), Sui (+2.7%), Hyperliquid (+2.4%), and XRP (+0.9%). Equities and gold are rallying into the Fed’s announcement (S&P 500 +0.25%, gold +0.6%), while major cryptos remain capped by lower highs. The Fed’s decision at 2 p.m. ET could set the tone for risk assets. With altcoins showing sector-specific strength and leverage building, volatility could spike depending on Powell’s messaging.( Read Deeper )

BUSINESS & FINANCE

European Stocks Edge Higher Ahead Of Fed Decision

European equities are set to open modestly higher on Wednesday as global markets await the U.S. Federal Reserve’s policy decision, where a 25-basis-point rate cut is widely expected. Investors will closely watch the Fed’s “dot plot” for signals on the trajectory of rates over the next year. The cautious optimism follows Tuesday’s weaker session in Europe, as markets digested the latest U.S.-China trade talks in Madrid.

Why It Matters: A Fed rate cut would ease financial conditions globally, supporting equities. But ongoing trade tensions and political uncertainty in the U.S. and Europe keep investors cautious.

CBN Orders Banks To Plan CEO Succession Six Months In Advance

The Central Bank of Nigeria (CBN) has directed Domestic Systemically Important Banks (DSIBs) to secure regulatory approval for new Managing Directors/CEOs at least six months before the incumbent’s exit. Banks must also publicly announce the successor no later than three months before the transition. The policy, signed by Dr. Rita Sike of the CBN’s Financial Policy and Regulation Department, is designed to strengthen corporate governance, ensure leadership continuity, and reduce risks from sudden executive departures.

Why It Matters: DSIBs are considered “too big to fail,” meaning abrupt leadership changes could destabilize Nigeria’s financial system. By enforcing early approval and public disclosure, the CBN is pushing banks toward international best practices in governance—reassuring investors, customers, and regulators of systemic stability. (Read Deeper)

TECHNOLOGY & SCIENCE

Oracle-led consortium To Take 80% Control Of TikTok U.S

TikTok’s American operations are set to be controlled by a new company in which U.S. investors, including Oracle, Silver Lake, and Andreessen Horowitz would hold an 80% stake. Chinese shareholders would retain the remaining shares, but the board would be dominated by Americans, with one member appointed directly by the U.S. government. To comply with the deal, U.S. TikTok users will eventually be asked to switch to a new app that runs on a separate algorithm and data system.

Why It Matters: Oracle would manage U.S. user data at facilities in Texas. President Trump signed an executive order delaying a 2024 law that requires Chinese divestment of TikTok until December 16, giving the parties more time to finalize terms. (Read Deeper)

Microsoft, Nvidia, And Tech Giants Pledge $40B+ AI Investments In The U.K.

A wave of U.S. tech firms are committing more than $40 billion to the U.K. as they ramp up AI infrastructure and research. Microsoft: $30B by 2028, including the U.K.’s largest supercomputer with 23,000+ GPUs, built with British firm Nscale. Nvidia: £11B ($15B) with Nscale and CoreWeave, deploying 120,000 Blackwell GPUs — its biggest European rollout. The investment surge coincides with Donald Trump’s state visit to Britain and meetings with PM Keir Starmer, who faces political pressure after a cabinet shakeup.

Why It Matters: The U.K. is positioning itself as a European AI hub, shifting from regulator to beneficiary. For U.S. tech firms, it’s a strategic bet on both political stability and massive AI demand in Europe. (Read Deeper)

AROUND DE WORLD & POLITICS

Prosecutors To Seek Death Penalty For Charlie Kirk’s Accused Assassin

Utah prosecutors announced Tuesday they will pursue the death penalty against Tyler Robinson, 22, accused of assassinating conservative activist Charlie Kirk during a campus event at Utah Valley University. Court filings reveal Robinson allegedly confessed in text messages to his roommate and partner: “I had enough of his hatred… Some hate can’t be negotiated out.” President Donald Trump and other Republicans have demanded capital punishment, blaming the “radical left.”

Takeaways: Robinson is charged with aggravated murder, obstruction of justice, and witness tampering. Prosecutors say he planned the attack for more than a week and left a note declaring his intent to kill Kirk. DNA evidence links him to the rifle used in the shooting. He turned himself in after his parents confronted him with images of the gunman. (Read Deeper)

China Hails U.S. TikTok Deal As 'Win-Win' Ahead Of Trump–Xi Call

Beijing praised the new framework deal to shift TikTok’s U.S. operations under American control, calling it a “win-win” while pledging to review technology and intellectual property transfers. The agreement, reached in Madrid this week, would move TikTok’s U.S. assets from China’s ByteDance to U.S. ownership and could smooth the path for further trade talks. A call between Presidents Trump and Xi on Friday is expected to confirm the arrangement, which impacts TikTok’s 170 million U.S. users.

Why It Matters: The TikTok deal is more than a social media story, it’s a geopolitical bargaining chip. If finalized, it could ease U.S.–China trade tensions and show a rare moment of cooperation between the world’s two largest economies. But the devil lies in the details of tech and IP transfers, which Beijing says it will scrutinize closely. (Read Deeper)

ENTERTAINMENT & SPORTS

Mbappé’s Double Delivers Real Madrid Victory Over Marseille

Kylian Mbappé scored two penalties as 10-man Real Madrid came from behind to beat Marseille 2-1 in their Champions League opener. Trent Alexander-Arnold, making his Champions League debut for Madrid, limped off with a hamstring injury after just three minutes. Timothy Weah blasted past Thibaut Courtois after Mason Greenwood forced a turnover. Madrid, 15-time European champions, are aiming to reclaim the title after last season’s quarter-final exit to Arsenal. (Read Deeper)

Robert Redford, Movie Star And Sundance Founder, Dies At 89

Robert Redford, one of Hollywood’s most iconic leading men and a champion of independent cinema, has died at 89 at his home in Utah. His publicist confirmed the news without disclosing a cause. Redford rose to superstardom with roles in Butch Cassidy and the Sundance Kid (1969), The Sting (1973), and All the President’s Men (1976), blending matinee-idol looks with understated intensity. He was also a lifelong environmental activist, using his platform to campaign for renewable energy and conservation. In 2016, President Barack Obama awarded him the Presidential Medal of Freedom. (Read Deeper)

EXTRA BREVITI

• PostNL unveils 2028 strategy, splits parcels into E-commerce & Platforms. (Read More)

• U.K. Inflation Steady at 3.8% in August, Core Price Pressures Ease. (Read More)

• Nepal’s government fell in less than two days after mass protests led by Gen Z activists erupted over corruption. (Read More )