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Despite the Federal Reserve’s recent rate cut by another quarter percentage on Wednesday, Bitcoin’s price plummeted. The asset tumbled by up to 15% at one point. Meanwhile, this all-important vital…
On November 6, the Republican presidential nominee, Donald Trump, won the United States elections, becoming the country’s 47th president. His victory triggered all forms of reaction across several financial assets…
Bitcoin could reach $200,000 next year, driven by institutional adoption and major market events, according to a new report. Analysts expect Wall Street to surpass Bitcoin’s pseudonymous creator, Satoshi Nakamoto,…
Vice President Kamala Harris has pledged to support innovative technologies like artificial intelligence and digital assets while ensuring consumer and investor protection. Her remarks, highlighting AI and cryptocurrency as key…
JPMorgan Chase sees the possibility of the Federal Reserve making another significant rate cut in November, possibly by 50 basis points. The bank, which predicted this week’s half-point cut, believes…
Bitcoin saw its value leap to $61,331 on Tuesday, just a day before members of the U.S. Federal Reserve convene to discuss a potential rate cut for federal funds. While…
Former Commerce Secretary Wilbur Ross has warned of an impending U.S. recession due to the lingering effects of pandemic-related stimulus. While Wall Street maintains a more optimistic outlook, citing strong…
Equities kicked off Friday on a quiet note, with little movement as the latest U.S. labor market report unveiled a softer-than-anticipated addition of 142,000 jobs for August. The data only…
Bitcoin’s correlation with the U.S. equities market has been rising for more than a month, as seen in the collective plunge and rally across different asset classes during the Japanese…
Several financial analysts predict that gold prices will continue to gain ground, supported by forecasts that the Federal Reserve will cut interest rates later this year. According to Patrick Yip…