Bitcoin has shown surprising stability in its price despite ongoing global economic uncertainties. According to a Bloomberg analyst, this stability is attributed to strong spot Bitcoin ETF holders and the aggressive purchasing by Michael Saylor’s company. Over the last month, Bitcoin ETFs gained $131 million, contributing to a total increase of $2.4 billion this year, ...
Bitcoin remained stable around $84,500 on Monday after a quiet weekend, while traditional markets showed mixed investor sentiment due to recent US-China trade tensions. Initially, the White House announced exemptions on certain electronics from high tariffs, benefiting tech companies like Apple and Nvidia. However, Commerce Secretary Howard Lutnick later hinted at new levies. President Trump ...
Cardano founder Charles Hoskinson has expressed a positive outlook for Bitcoin, predicting it could reach $250,000 by the end of 2025 despite economic turbulence from President Trump’s tariffs. He believes the impact of these tariffs will be less severe than expected, attributing this to a global willingness to negotiate and the eventual stabilization of markets. ...
This week, Tether, Bitcoin, XRP, and other cryptocurrencies are gaining attention as stablecoin legislation moves through Congress. President Donald Trump recently supported the bills during a video address at a crypto conference, urging lawmakers to establish straightforward rules for stablecoins. Tether, the largest stablecoin, is pegged to the U.S. dollar but has faced scrutiny over ...
Bitcoin’s recent price movements have raised concerns among experts, who believe they seem “manufactured.” Since mid-December 2024, Bitcoin has traded between $92,400 and $106,500, even with significant institutional investments pouring in. Samson Mow, CEO of Jan3, noted this unusual pattern during a panel discussion at Consensus Hong Kong, suggesting the price stability indicates possible suppression. ...
Stablecoins are a unique type of cryptocurrency designed to maintain a stable value, usually linked to assets like the U.S. dollar or gold. Popular examples include Tether (USDT), USD Coin (USDC), and PayPal USD (PYUSD). When new investors enter the crypto Market, they often convert their traditional money, or fiat currency, into stablecoins first. This ...
As December delivers disappointing returns in an otherwise strong year for U.S. stocks, investors are cautious about the final weeks of 2024. The S&P 500 has risen over 24% this year, but recent drops following the Federal Reserve’s unexpected interest rate signals raise concerns. While the traditional “Santa Claus Rally” typically sees gains, this year’s ...
US government bond yields rose recently as weak demand in two Treasury note auctions indicated investor anxiety about upcoming supply. This trend comes just ahead of the next financing quarter, raising concerns about how well the market can absorb new debt.
India is emerging as a key destination for investors looking for stability amid the financial volatility surrounding the upcoming US election. With uncertainty in global markets, many are turning to India for its robust economy and favorable investment climate. Experts suggest that India's growth potential and diverse sectors make it an attractive option for those seeking safety in their investments. As the election draws closer, this trend may strengthen, positioning India as a reliable haven for global investors.
The escalating tensions between Iran and Israel have sent shockwaves through global oil markets, with the possibility of an Iranian attack on Israeli soil looming within the next 24 to 48 hours. This potential conflict has already caused a significant surge in oil prices, with both West Texas Intermediate (WTI) and Brent crude oil prices ...
