Category Archives: Finance
February 26, 2025
Trump’s Meme Coin Hits Lowest Value as Crypto Prices Plunge
As crypto prices continue their downward spiral, President Donald Trump’s meme coin, $TRUMP, has experienced a significant drop, reaching its lowest value since its launch less than six weeks ago. The once-promising cryptocurrency has been heavily impacted by the broader market collapse, adding to concerns among investors. Launched in January, just ahead of Trump’s second […]
February 26, 2025
Gold Price Attracts Buyers Amid Trade War Fears and Economic Uncertainty
The gold price (XAU/USD) has regained some ground after hitting a one-week low in the previous session, driven by ongoing trade war concerns and heightened uncertainty in global markets. As tensions around US President Donald Trump’s tariff plans continue to grow, gold, a traditional safe-haven asset, has attracted some buyers seeking protection against economic instability. […]
February 25, 2025
MicroStrategy Makes Its Largest Bitcoin Purchase of 2025, Acquiring $2 Billion Worth of Bitcoin
MicroStrategy, now rebranded as Strategy, has made its largest Bitcoin purchase of 2025, acquiring 20,356 BTC for a total of $1.99 billion. This massive acquisition is part of the company’s ongoing strategy to become one of the world’s largest Bitcoin holders. Despite the bullish nature of this purchase, concerns have been raised about the company’s […]
February 25, 2025
Gold: Is It Time for the U.S. to Revalue Its Reserves?
Gold prices surged to an all-time high of $2,940 per ounce last Thursday, pushing its market cap above $20 trillion for the first time ever. The price spike comes amid growing trade tensions between the U.S. and Europe, which have fueled concerns of a global economic slowdown. While demand for gold as a safe-haven asset […]
February 23, 2025
Bybit CEO Discusses Potential Ethereum Blockchain Rollback After Lazarus Hack
Following the recent Lazarus Group hack, which resulted in the theft of significant Ethereum holdings, a heated debate has emerged about the possibility of rolling back the Ethereum blockchain to invalidate the stolen funds. Bybit CEO Explores All Avenues to Recover Stolen Funds Bybit CEO Ben Zhou stated that the exchange is exploring all available […]
February 23, 2025
Gold Eases from Record High on Profit-Taking, Eyes Eighth Weekly Gain
Gold prices dipped slightly on Friday as investors locked in profits following the previous session’s all-time high. Despite this pullback, the precious metal remains on track for its eighth consecutive weekly gain, fueled by robust safe-haven demand amid ongoing concerns over U.S. tariff policies. Gold Prices Dip but Maintain Strong Weekly Performance As of 02:24 […]
February 22, 2025
Gold Bullish Breakout Stalls, Bearish Risks on the Rise
Gold’s bullish momentum has hit resistance, raising concerns about a potential reversal. Traders are closely watching key levels, with a decisive move above $2,955 or below $2,917 expected to determine the next market trend. Gold Price Action and Market Trends Despite the weak follow-through from Wednesday’s bull pennant breakout, gold prices remained near trend highs […]
February 21, 2025
Utah’s Bitcoin Reserve Bill Advances to Second Senate Reading
Utah’s legislation to officially designate Bitcoin as a state reserve asset has made significant progress. The Bitcoin reserve bill, known as HB230 “Blockchain and Digital Innovation Amendments,” was passed by the Senate Revenue and Taxation Committee and is now one step closer to being signed into law. Bitcoin Reserve Bill Clears Key Hurdles On February […]