The failure of the CLARITY Act in the US Senate has been a major setback for the crypto industry. The outcome raised new questions about the future of regulation in the country and whether the setback could hurt Bitcoin…
With a few carefully chosen words, Federal Reserve Chairman Kevin Warsh both explained this week's decision to hike interest rates and raised vexing questions about what comes next.
The S&P 500 Index ($SPX) (SPY) is down by -0.11% today, the Dow Jones Industrial Average ($DOWI) (DIA) is down by -0.39%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.09%. December E-mini S&P futures (ESZ26) are down…
Investment banking giant JP Morgan has said it is struggling to predict how oil prices will be impacted by the US-Iran war, telling investors in a rare note that "we simply don't know how to model the endgame".
Gold (XAU/USD) price extends its gains on Friday, edging up 0.89% as Oil prices eased despite renewed concerns of supply shortages and despite a week that featured a rate hike by the Federal Reserve (Fed), which pushed …
USD/CHF turns lower on Friday as the US Dollar (USD) loses momentum heading into the weekend, with traders booking profits after a strong weekly advance driven by the Federal Reserve’s (Fed) hawkish interest-rate hike. …
The Bank of Japan (BoJ) raised its rate to 1.25% on Friday and the Yen weakened anyway. The Dollar Index ran to its highest level since late July on that and has given the move back, trading just above 100.30. The Euro …
The metal opened the year at $28.92 and ended just below $72 per ounce, marking an annual gain of approximately 144% — silver’s sharpest calendar-year advance since 1979. That move shattered a decade-long ceiling near $…
After sitting on a $403 million dollar war chest for months, President Donald Trump's flagship super PAC has finally opened the spending floodgates. The rapid deployment of Make America Great Again Inc.'s cash is reshap…
ETH witnessed a notable recovery after briefly plunging near $2,350 this week. The leading altcoin has since climbed over $2,480. At the same time, its transaction fees have fallen sharply, making the network cheaper to…
The Canadian dollar is at risk of dropping below 70 cents U.S. amid surging demand for the greenback as markets reprice the expectation that the United States Federal Reserve will hike rates instead of cutting them.
USD/JPY advances sharply on Friday, trading around 156.95 at the time of writing, up 0.63% on the day. The pair has pulled back after reaching a daily high of 158.06 earlier in the day. The Japanese Yen (JPY) weakens si…
On Friday, Kansas City Federal Reserve (Fed) President Jeffrey Schmid said he supported the rate hike, as “recent data suggest inflation trending above 3%.” Schmid added that tightening policy is a step toward achieving…
Ethereum has recovered sharply from its mid-year lows and jumped past the key $2.5K level on Friday. The charts show a constructive improvement in the broader market structure, although ETH remains below several importa…
The Pound Sterling (GBP) retraces on Friday after reaching a daily high of 1.3375 on upbeat UK data, as headlines suggest that an Oil supply shock has sent crude prices higher and reignited investors' fears of high infl…
XRP is consolidating after a sharp recovery from the sub-$1 area, with the price now attempting to stabilize around $1.35. The daily chart shows a major structural improvement following the recent rally, while the 4-hou…
Microsoft AI CEO Mustafa Suleyman pressed for the need for artificial intelligence models to stay aligned to humanity's interests after OpenAI disclosed more incidents of "concerning model behavior" earlier this week.
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