In what’s become a familiar scenario in crypto over the past few months, prices are starting the week on the wrong foot. After little sign over the weekend of any de-escalation in the U.S. war against Iran, the price of oil has exploded higher in Sunday evening U.S. trade. April WTI crude oil futures are […]
South Korea’s stock market suffered one of its fastest declines in history this week, with the Kospi falling about 20% in two trading days, as geopolitical tensions have, for the moment, shattered what might be termed a speculative bubble in popular AI-related names. The rapid decline followed months of aggressive buying by retail investors that […]
TON, the native token of the Telegram-affiliated blockchain, surged 8.33% to $1.60 in the last 24 hours, driven by a mix of ecosystem milestones and growing support. The move propelled TON to break past the $1.60 mark, driven by rising volume and renewed market momentum, while outperforming the broader crypto market. Based on the performance […]
The Federal Reserve’s October rate decision could trigger unexpected shocks in U.S. stocks and Bitcoin as unresolved federal government shutdown risks cloud the outlook. Government shutdown delays key data ahead of FOMC meeting A partial federal government shutdown began on Oct. 1, shuttering many non-essential services including the Bureau of Labor Statistics (BLS). This shutdown […]
Nebius Group (NBIS) shares soared 47% in pre-market trading after the company said it signed an agreement to supply Microsoft (MSFT) with graphic processing units (GPUs) in a deal Reuters valued at $17.4 billion over five years. The contract is worth more than the Amsterdam-based company’s entire market capitalization, currently $15.29 billion. According to Reuters, […]
By James Van Straten (All times ET unless indicated otherwise) Liberation Day is done, and markets finally have clarity on U.S. tariffs. Starting April 5, all U.S. trading partners will face a minimum of a 10% import tariff, with higher, country-specific tariffs kicking in on April 9 for about 60 countries. President Donald Trump introduced […]