Bitcoin (BTC-USD) is back. And just in time for the holidays. President-elect Donald Trump’s win has kicked off a new era of crypto enthusiasm, as he has pledged to “ensure that the United States will be the crypto capital of the planet.” To the delight of crypto execs and investors, the next president has also […]
NEW YORK/LONDON, Nov 25 (Reuters) – MSCI’s global equities gauge rose and U.S. government bonds rallied while the dollar fell on Monday as investors welcomed the incoming U.S. president’s selection of fund manager Scott Bessent as the next U.S. Treasury secretary. Wall Street indexes closed higher with the S&P 500 and the Dow touching intraday records […]
US stocks dipped Wednesday as investors digested fresh data that showed inflation made little progress toward the Fed’s 2% target in October. After clinching record highs on Tuesday, the S&P 500 (^GSPC) fell about 0.4%, while the Dow Jones Industrial Average (^DJI) was off about 0.3%. The tech-heavy Nasdaq Composite (^IXIC) was down roughly 0.6%. […]
Cardano ADA/USD founder Charles Hoskinson, a co-founder of Ethereum ETH/USD, predicted Bitcoin BTC/USD could surge to between $250,000 and $500,000 within the next 12 to 24 months, citing growing institutional investment and emerging decentralized finance opportunities. What Happened: In a recent livestream from Colorado, Hoskinson emphasized Bitcoin’s transformative potential, describing it as more than just […]
NEW YORK, Nov 26 (Reuters) – Investors in the world’s largest cryptocurrency are anticipating a significant downward move after bitcoin failed to hit an all-time peak of $100,000, according to a crypto trading platform citing recent options activity. Bitcoin hit a record high of $99,830 on Nov. 22, but it has since fallen more than […]
The price of bitcoin retreated further from the psychological $100,000 milestone, as investors booked profits from the cryptocurrency’s gains following the presidential election. The largest cryptocurrency by market capitalization was recently lower by more than 4%, at $90,999.30, according to Coin Metrics. Earlier, it fell as low as $90,702.27. The CoinDesk 20, an index measuring broader cryptocurrency performance, fell […]
On the lookout for emerging markets investing opportunities? Most emerging markets indexes, of course, contain significant exposure to the biggest “emerging” market, China. While that has historically presented some solid opportunities for U.S. investors, potentially rising tensions threatens further investment. At the same time, while a significant economy with real opportunities, the Chinese economy still […]
The S&P 500 (^GSPC 0.57%) has rocketed 25% in 2024, putting the broad-based index on pace for one of its strongest annual performances of the 21st century. Factors contributing to that upside include enthusiasm about artificial intelligence, strong corporate earnings, and encouraging economic data. The Federal Reserve’s recent pivot to interest rate cuts has also […]
Rumble, a video platform aimed at conservatives, said Monday evening that it will begin allocating a portion of its excess cash reserves to bitcoin and making purchases of up to $20 million in the cryptocurrency. Shares rose more than 2% in extended trading. “We believe that the world is still in the early stages of the adoption […]
Bitcoin BTC$94,278 fell over 3% on Nov. 25 as traders called for calm over new BTC price weakness. BTC/USD 1-hour chart. Source: TradingView Flash Bitcoin volatility punishes late longs Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling to lows of $94,600 on Bitstamp in volatile conditions after the Wall Street open. Bulls failed to hold a relief bounce from […]
BEIJING — President-elect Donald Trump plans to raise tariffs by an additional 10% on all Chinese goods coming into the U.S., according to a post Monday on his social media platform Truth Social. The post immediately followed one in which Trump said his first of “many” executive orders on Jan. 20 would impose tariffs of […]
US stocks rose on Monday as small caps rallied near new highs and the Dow Jones Industrial Average (^DJI) rose more than 400 points amid a broad sense of optimism over President-elect Donald Trump’s choice of Scott Bessent for Treasury secretary. The Dow increased 0.9% to close at a new record. The S&P 500 (^GSPC) […]
