Bitcoin’s rise gets an institutional boost and added legitimacy after MSCI decision Bitcoin continues to climb following Strategy’s purchase of 13,600 BTC worth $1.25 billion, bringing the company’s total holdings to nearly 687,000 coins. The move further strengthens its position as the largest institutional whale in the crypto space. The …
Read More »Crypto Surge Hits Pause Button: ETF Cash Floods In
Bitcoin, Ethereum, and XRP dialed back their recent winning streak on Tuesday, easing off after days of solid climbs that lifted prices to fresh peaks. This gentle dip hints at traders cashing in gains, but the crypto scene stays afloat thanks to a blockbuster revival in big-money buying. Spot ETFs …
Read More »SNB Holds Rates at 0% as Expected; Focus Shifts to Schlegel’s Press Conference for Policy Signalsserves
The Swiss National Bank (SNB) kept interest rates unchanged at 0%, in line with expectations.Market attention now turns to Chairman Martin Schlegel’s press conference at 09:00 GMT, where investors will be seeking clearer guidance on the path of monetary policy. Key Highlights from the SNB Monetary Policy Statement Interest Rate …
Read More »Week Recap: Fed in a Bind Amid Stock Surge, Gold’s Record Gains
The recent trading week concluded amid a state of chaos dominated by sharp contradictions that swept through global markets and major institutions, forcing investors to reassess fundamental risks, redistribute capital, and rearrange their diversified asset portfolios.Amid government deadlock in Washington and an unprecedented escalation in the trade war between superpowers, …
Read More »JPMorgan Chase Reports Decline in Q2 Revenue and Income but Tops Expectations
JPMorgan Chase (NYSE: JPM) reported a decline in second-quarter net revenue and net income but managed to beat analyst expectations, driven by strong performance in markets and investment banking, despite ongoing trade tensions and tariff-driven volatility. Key Financial Metrics: Net revenue fell by 10% to $45.7 billion, surpassing analysts’ expectations …
Read More »Bouncing Back: Can Bitcoin Sustain the Recovery Amid Global Shifts?
The crypto market’s 2% dip to $2.8 trillion on Monday belies a broader story of resilience, with Bitcoin clawing its way above $85,100 after a 15% surge from last week’s $74,500 low. Solana and Ethereum are riding bullish waves, and U.S. spot Bitcoin ETF outflows are slowing, hinting at renewed …
Read More »U.S. Job Growth Slows in January Amid Revisions and Weather Disruptions
The U.S. economy added fewer jobs than expected in January, signaling a potential slowdown in labor demand. However, analysts cautioned that the figures may be distorted by annual revisions and extreme weather conditions. Nonfarm payrolls: 143,000 (below the forecast of 169,000). December jobs revised upward: 307,000 (previously reported as 256,000). …
Read More »Decoding Looming NFP Report: A Deep Dive into the Numbers and Market Implications
The U.S. Bureau of Labour Statistics (BLS) is poised to release its January Nonfarm Payrolls (NFP) report, a critical economic indicator that provides insights into the health of the U.S. labour market. The consensus forecast anticipates an increase of around 170,000 jobs, following a 256,000 increase in December. This report …
Read More »Bitcoin Holds Steady as U.S.-China Trade Tensions Weigh on Market
Bitcoin remained largely stable on Friday, reflecting muted risk appetite amid escalating trade tensions between the U.S. and China. Meanwhile, MicroStrategy (NASDAQ:MSTR) reported its fourth consecutive quarterly loss, though it continued expanding its Bitcoin holdings. Bitcoin Market Update Bitcoin (BTC/USD): $97,742.7 (-0.3%) as of 00:35 ET (05:35 GMT) Market Sentiment: …
Read More »Bitcoin Retreats Below $100,000 Amid Intensifying U.S.-China Trade Tensions
Bitcoin extended its losses on Wednesday, retreating below the critical $100,000 threshold as escalating U.S.-China trade tensions fueled investor caution and heightened global market volatility. As of 1:45 ET (06:55 GMT), Bitcoin (BTC) was down 1.8% at $97,601.8, failing to sustain gains after briefly surpassing the six-figure milestone in recent …
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