February 24, 2025
Global equities mixed, oil drops on dilemmas about Trump moves
Stocks finished lower on Wall Street but edged higher in Europe on Friday amid uncertainty about U.S. President Donald Trump’s rapid policy initiatives, including spending cuts and tariffs, and Germany’s upcoming elections. Oil prices settled down more than 2% while gold eased from record highs. The Oil-Dollar pair dove 3.4% in the last session. The […]
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February 24, 2025
BlackRock Bitcoin ETF surpasses 50% market share
The market share of BlackRock’s Bitcoin exchange-traded fund has grown to over 50%, even as Bitcoin ETF issuers experience a broader sell-off. BlackRock, the world’s largest asset manager, now holds over $56.8 billion worth of Bitcoin, accounting for 50.4% of the holdings of all US ETF issuers.
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February 19, 2025
Safe-haven dollar gains amid tense Russia-Ukraine talks
The U.S. dollar advanced against major currencies, with losses led by the euro, garnering safe-haven bids amid tariff concerns and peace negotiations on the Russia-Ukraine conflict that are fraught with tension and miscommunication. The last session saw the Euro fall 0.4% against the Dollar. According to the CCI, we are in an overbought market.Support: 1.0414 […]
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February 19, 2025
Ether reserves on exchanges hit 9-year low as supply shrinks
Ether reserves across centralized exchanges hit an almost nine-year low, reinforcing investor optimism for a potential market bottom that may start a recovery toward the $3,000 psychological mark.
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February 19, 2025
Gold rises as Trump tariff uncertainty fuels safe-haven demand
Gold prices rose over 1% as concerns over economic growth due to uncertainty surrounding U.S. President Donald Trump’s tariff plans prompted safe-haven flows into bullion. The market’s focus has now shifted to the U.S. Federal Reserve’s January meeting minutes for clues into the central bank’s interest rate trajectory. The Gold-Dollar pair skyrocketed 1.0% in the […]
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February 18, 2025
Shein faces investor pressure to slash valuation to $30 billion
Online fast-fashion retailer Shein is under pressure to cut its valuation to about $30 billion ahead of its London listing. Its shareholders are suggesting that an adjustment is required to help get the potential initial public offering in the UK over the line.
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