November 13, 20240 Comments

Bitcoin (BTC) Price Blasts to $90K on Coinbase as Crypto Rally Shakes Out Leveraged Traders

The largest crypto retraced around 5% to the low-$85,000 level earlier Tuesday, shaking out some late leveraged buyers. The pullback didn’t last long, though, with prices quickly rebounding and clinching a new all-time high of $90,100 on Coinbase‘s BTC-USD pair towards the later hours of the U.S. session before giving back some of the gains. The CoinDesk Bitcoin Index (XBX), which tracks pricing data from multiple exchanges, hit $89,971 as

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November 13, 20240 Comments

Gold nears seven-week low as U.S. dollar surges on Trump win

Article content Gold slipped to its lowest level in more than seven weeks as the U.S. dollar continued to strengthen following Donald Trump’s election victory. Bullion fell as much as 1.1 per cent — after sliding 2.5 per cent in the previous session — as a gauge of the dollar rose to its highest level in a year. The gains, which make commodities priced in the greenback more expensive for

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November 13, 20240 Comments

Here’s One ‘Hell of a Trade,’ According to Ex-Goldman Sachs Executive Raoul Pal

Macro guru Raoul Pal believes that the shares of a US-based crypto firm may have an explosive breakout in the current bull market cycle. In a video posted on Real Vision’s YouTube channel, the former Goldman Sachs executive suggests Coinbase’s stock has the potential to soar 10x. “I think this bull market, the whole space will end up being $10 to $15 trillion, somewhere between that. So how much is

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November 13, 20240 Comments

Cryptocurrencies That Soared to All-Time High, Rewarding Investors with Massive Returns

The cryptocurrency market has displayed remarkable strength, with the overall global market capitalization soaring to $2.93 trillion, approaching the significant $3 trillion threshold. This achievement, as stated by the International Monetary Fund (IMF), positions the value of the crypto market higher than the GDP of whole countries, such as Spain. Fueled by this increase, Bitcoin (BTC), RabBitcoin (RBTC), and Sui (SUI) have recently reached all-time high, delivering remarkable gains to

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November 13, 20240 Comments

Bitcoin Price Tops $90K As Analysts Predict Cycle Peak In 200 Days

Bitcoin price recently achieved a new milestone, briefly trading above $90,000 following a period of sustained growth. This rally, attributed partly to renewed optimism within the crypto community, has marked a record-breaking period for the cryptocurrency. Analysts at Copper.co suggest that this upward trajectory could continue for the next several months, pointing to historical cycles that may see Bitcoin peaking within roughly 200 days. Bitcoin Price Hits New High Above

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November 13, 20240 Comments

Donald Trump Appoints Elon Musk & Ramaswamy To Lead D.O.G.E

US President Donald Trump has revealed that Tesla CEO Elon Musk and Vivek Ramaswamy will lead a newly created Department of Government Efficiency, or “DOGE.” This initiative, aimed at streamlining government operations and reducing bureaucratic waste, aligns with Trump’s “Save America” movement and promises to reshape federal spending and regulatory practices. Following the announcement, Dogecoin (DOGE) experienced a surge in trading, with analysts predicting further growth in its value, fueled

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November 13, 20240 Comments

Asian Stocks Drop to Two-Month Low Before US CPI: Markets Wrap

(Bloomberg) — Asian stocks fell to the lowest level in almost two months before US inflation data that may further sap confidence in the pace of Federal Reserve interest-rate cuts. Most Read from Bloomberg Equity benchmarks in Tokyo and Sydney retreated while the MSCI Asia Pacific Index dropped to the lowest since September after the S&P 500 declined on Tuesday. The Bloomberg Dollar Spot Index was steady, and the yen

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November 13, 20240 Comments

When horror hits China, the first instinct is shut it down

Watch: BBC China correspondent ordered to stop filming and pushed at car attack scene The gates outside the Zhuhai sports complex in China were closed. Inside, the stadium was in darkness, as were the grounds around it. It was here, hours before, where dozens of people were killed when a man drove an SUV into a crowd. Many more were injured. Only security guards appeared to be moving around behind

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November 13, 20240 Comments

‘Adults buying kids toys to escape global turmoil’, sales data suggests

BBC A Stitch puppet (left) with Richard North from Wow Stuff at the DreamToys event Toy sales have fallen for a third year in a row as family budgets are squeezed – but adults are buying childhood favourites to escape their troubles, research suggests. A falling birth rate, the cost of living and fewer big hit film franchises have combined to push the value of sales down 3% on the

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