Traders across the globe project that tariffs and inflation will have the biggest impact on global markets in 2025 as they brace for volatility, an annual survey, opens new tab of institutional trading clients by JPMorgan Chase (JPM.N), opens new tab showed on Wednesday. The bank said 51% of its 4,233 respondents named inflation and […]
Strategy, the largest corporate holder of bitcoin, said it’s almost halfway to its ambitious capital raising goal as it went on a buying spree throughout the postelection rally. The company formerly known as MicroStrategy said since the end of the third quarter it has acquired 218,887 bitcoins for $20.5 billion. Strategy currently holds 471,107 bitcoins on […]
Hopes of a US Strategic Bitcoin Reserve took another knock this weekend after Donald Trump’s surprise executive order about a non-bitcoin US Sovereign Wealth Fund. At the press conference covering the order’s signing, pro-Tether Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent told the president that they would explore warrants, equity, and other non-bitcoin […]
European markets are expected to open in negative territory on Wednesday, with investors looking ahead to more earnings from a number of key companies. The U.K.’s FTSE 100 index is expected to open 18 points lower at 8,555, Germany’s DAX down 67 points at 21,439, France’s CAC down 23 points at 7,888 and Italy’s FTSE MIB 91 points lower at 36,707, according to […]
The Dow Jones Industrial Average on Monday staged a major comeback, recovering steep losses from earlier in the session after President Donald Trump said tariffs against Mexico would be paused for one month. The 30-stock average ended the day down 122.75 points, or 0.28%, to close at 44,421.91. At its lows of the day, the Dow was down 665.6 […]
Four years after becoming the first country to adopt bitcoin as legal tender, El Salvador is taking a step back. The Legislative Assembly has approved changes to the country’s Bitcoin Law, effectively removing bitcoin’s status as legal currency. On January 29, the assembly—controlled by President Nayib Bukele’s New Ideas Party—passed the legislation with a 55–2 […]
The gold market is feeling the pressure from surging momentum in the U.S. dollar as the trading week kicks off and the world adjusts to America’s trade with Mexico, Canada, and China. However, although the gold market started the Asian trading session and the new week with some selling pressure, the precious metal is down […]
Cryptocurrencies tumbled on Sunday in a risk-off move after President Donald Trump hit Canada, Mexico and China with long-threatened import tariffs. The price of bitcoin was last lower by 7% at $93,768.66, according to Coin Metrics. The CoinDesk 20 index, which measures the largest 20 digital assets by market cap, dropped 19%. Etherslumped 20% to […]
In the cryptocurrency market, 2025 was supposed to be the year of Bitcoin (BTC -1.62%). But Bitcoin recently dipped below the all-important $100,000 price level, marking the first time this has happened during the Trump presidency. Investors new to crypto are understandably concerned. However, for longtime crypto investors, this is nothing new. They know exactly what to do anytime […]
President Donald Trump on Thursday announced he will decide tonight on whether to impose sweeping 25% tariffs on Canada and Mexico related to their failure to regulate the flow of fentanyl into the United States, and said his administration is in the process of formulating tariffs for China as well. “We’ll be announcing the tariffs […]
The UK’s benchmark stock index has reached another all-time high, in a month of record breaking. The FTSE 100 index of most valuable companies on the London Stock Exchange closed at 8,666.65, breaking the record set on Thursday night after four consecutive days of rises. January has been the best month in more than two […]
The debate over whether cryptocurrency markets are a “casino,” or whether digital assets can be a valuable financial innovation has yet to find a comprehensive, scalable answer as the industry continues to evolve. At the center of the question is the growing distinction between meme coins, such as dogecoin and the $TRUMP meme coin, and digital assets, such […]
