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 […]
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 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 […]
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%. Ether slumped 20% […]
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 […]
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 […]
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 […]
US stocks gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results for more clues on prospects for Big Tech. The S&P 500 (^GSPC) gained 0.5%, while the Dow Jones Industrial Average (^DJI) rose nearly 0.4%. The tech-heavy Nasdaq Composite (^IXIC) was up nearly 0.3%. Right ahead of […]
Bitcoin (BTC-USD) soared past $105,000 (£84,359) following the Federal Reserve’s decision to keep interest rates steady, with Fed chair Jerome Powell indicating that banks can serve crypto clients — provided they manage the risks effectively. Bitcoin rallied 3% to now trade at just over $105,000 on Thursday, after dipping to $101,800 on Wednesday, marking its […]
A recently published journal article by researchers at BTQ, a startup working to build blockchain technology that can withstand attacks from quantum computers, has proposed an alternative to the Proof of Work (PoW) algorithm involving quantum technology. Proof of Work is a blockchain consensus mechanism that secures the Bitcoin network. Participants crunch through vast amounts […]
