The Taiwan stock market has moved higher in two straight sessions, advancing almost 400 points or 2 percent along the way. The Taiwan Stock Exchange now sits just above the 20,300-point plateau although it\'s expected to open under pressure on Friday. The global forecast for the Asian markets is murky amid a lack of catalysts,...
The value of the U.S. dollar saw a notable rebound during Thursdays trading but has pulled back sharply during trading on Friday. The U.S. dollar index has slumped by 0.81 points or 0.8 percent to 100.70, falling to its lowest levels in over a year. The buck is trading at 144.35 yen versus the 146.29...
The Nvidia stock and Bitcoin are two assets that stand out for their potential and volatility in the landscape of investment opportunities. Both have had their share of dramatic rises and falls, sparking debates among investors about their viability and future growth. This article aims to explore the performance and potential of each, helping investors decide which asset might...
Indian shares rallied on Thursday as weaker-than-expected U.S. private sector employment and service sector activity data contributed to optimism about the outlook for interest rates. Traders now expect a third consecutive interest-rate cut at the U.S. central banks Dec. 17-18 meeting. Investor sentiment was also supported by foreign institutional investors (FIIs) turning net buyers in...
Veteran trader Peter Brandt predicts Bitcoin’s next bull market peak could reach $150,000 by late August or early September 2025. According to an analysis published on the Brandt’s website, the Bitcoin halving events, where the mining rewards are halved from the previous cycle, have shown a remarkable pattern of almost perfect symmetry within past bull...
Kansas-based now-failed Heartland Tri-State Bank’s former head has pled guilty on Thursday for embezzling $47.1 million for a series of “personal crypto purchases.” This led to the bank’s failure in July 2023, at a complete loss of equity for investors, the U.S. Attorney’s Office for the District of Kansas noted. Shan Hanes, 52, who served...
Indian shares opened on a sluggish note Monday as caution crept in ahead of the Federal Reserves interest-rate decision due this week. The benchmark S&P/BSE Sensex dropped 165 points, or 0.2 percent, to 81,968 in early trade while the broader NSE Nifty index was down 41 points, or 0.2 percent, at 24,727. Tech Mahindra, Sun...
Avalon Labs’ USDa stablecoin reaches 100M supply, backed by $200M in Bitcoin.Avalon Labs opens a $50M deposit quota, offering 20-50% APY and 3x points rewards. Avalon Labs has achieved a big milestone by launching USDa, the world’s first Bitcoin-backed overcollateralized stablecoin. With collateralized Bitcoin assets of a stunning $200 million, this creative stablecoin has rapidly...
Bloomberg/Getty Images In this article Investors look forward to lower rates How will lower interest rates affect stocks? How interest rates have affected crypto and commodities markets How should interest rates impact your investing strategy? Higher rates have been playing out on stocks, cryptocurrency and commodities such as oil over the past few years. But...
The U.S. dollar gained in strength against its major counterparts on Monday, ahead of some crucial economic data, including readings on U.S. inflation readings, and Fed speeches. Data on U.S. retail sales and industrial production U.S. reports on consumer and producer prices, retail sales and industrial production due later in the week may provide further...