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 […]
Category: Stocks Watch
Bitcoin slides toward $90,000 after Trump orders tariffs
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% […]
Bitcoin: Buy the Dip?
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 […]
U.S. Dollar Surges as Trump Announces Imminent Tariffs on Canada and Mexico
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 […]
FTSE 100 reaches another record high as January is the best month in more than two years
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 […]
Making Sense of Meme Coins, Digital Assets and Crypto’s Future
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 […]
Stock market today: Dow, S&P 500, Nasdaq move higher with Apple earnings in the wings
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 price soars past $105,000 as the Fed says US banks can serve crypto clients
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 […]
Quantum Startup BTQ Proposes More Energy Efficient Alternative to Crypto’s Proof of Work
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 […]
Japan and Aussie stocks rise as Wall Street stages a sharp recovery; most Asia markets closed for holiday
Japan and Australian stocks rose Wednesday as Wall Street rebounded overnight, while several Asia-Pacific markets were closed for the Lunar New Year holiday. Japan benchmark Nikkei 225 ended the day up 1.02% at 39,414.78, while the Topix advanced 0.68% to close at 2,775.59. Japanese tech stocks rebounded after posting losses for several days. Advantest gained 4.36%, Tokyo Electron rose 2.34%, while SoftBank Group […]
Is $200,000 a Realistic Bitcoin Price Target for This Cycle?
Bitcoin has been making waves in the financial world, with many speculating about its potential to reach new heights. As we explore whether the Bitcoin price can realistically hit $200,000 this cycle, we’ll dive into the market dynamics and what drives prices higher. For an in-depth complete analysis, refer to the original Can Bitcoin Realistically […]
Stock market today: Nasdaq jumps to chip away at DeepSeek-fueled rout as Nvidia surges nearly 9%
The Nasdaq and S&P 500 rebounded on Tuesday, following a steep stock sell-off spurred by Chinese startup DeepSeek and the ripple effect its potentially cheaper AI model could have on Big Tech. Bellwether Nvidia (NVDA) was the standout of the trading day, with shares finishing the day up nearly 9% after it shaved off a […]