Markets

A collection of 143 posts

Markets

Tether Acquires Minority Stake in Juventus FC, Eyes Digital Asset Integrations in Sports

Tether, the company behind the world’s largest stablecoin USDT, has acquired a minority stake in Juventus Football Club, signaling its ambition to bridge digital assets with the sports industry. Pioneering Innovation in Sports Through Blockchain Tether’s latest investment aligns with its mission to integrate digital assets and stablecoins

Markets

Bitcoin Drops Below $95K as U.S. Inflation Data Surprises Markets

January CPI Report Sparks Market Volatility Across Crypto and Traditional Assets Bitcoin prices fell sharply below the $95,000 mark on Tuesday following an unexpected rise in U.S. inflation, which also rattled stock and bond markets. The latest Consumer Price Index (CPI) report for January revealed inflationary pressures stronger

Markets

Gold Hits Record High as Investors Seek Safe Haven Amid Trade Tensions and Inflation Worries

Gold prices soared to a new all-time high of $2,902 per ounce on Monday, driven by a combination of factors including sustained central bank buying, global trade uncertainties, and increasing demand for safe-haven assets. The precious metal's strong performance, up 17.5% since the start of the

Markets

Strategy (Formerly MicroStrategy) Resumes Bitcoin Buying, Adds $742 Million Worth

Strategy, formerly known as MicroStrategy, is back in the Bitcoin market. After a brief pause, the company resumed its aggressive Bitcoin acquisition strategy, purchasing an additional 7,633 BTC for approximately $742.4 million between February 3 and February 9. This latest purchase brings the company's total Bitcoin

Markets

Crypto Investment Products Defy Market Volatility, Attract $1.3 Billion in Weekly Inflows

Despite a turbulent week for cryptocurrency prices, marked by significant drops in Bitcoin, Ether, and memecoins, global crypto investment products saw a surge in net inflows, reaching $1.3 billion. This nearly doubles the previous week's inflows and extends a five-week positive streak, demonstrating continued institutional interest in

Markets

Trump Unleashes New Tariffs: 25% Steel and Aluminum Duties Set to Shake Global Trade

President Donald Trump is moving forward with his aggressive trade policy by announcing a 25% tariff on all steel and aluminum imports, effective from Monday. This decision comes as part of a broader strategy to bolster American industries, shrink trade deficits, and generate new revenue streams for his tax agenda.

Markets

Blocklore Weekly: Bitcoin Holds Strong Amid AI Token Swings and Market Uncertainty

The cryptocurrency market is currently in a period of consolidation, with Bitcoin holding steady within the $95,000 to $100,000 range, despite a brief dip below. This sideways action has fueled speculation about a potential multi-month "chop," as investors grapple with shifting narratives, rapid market rotations, and

Markets

Bitcoin-Gold Ratio at 12-Week Low Amid Soaring U.S. Gold Deliveries

The bitcoin-gold ratio has fallen to a 12-week low of 34, reflecting a surge in gold’s safe-haven appeal amid escalating U.S.-China trade tensions. This shift comes as physical gold deliveries in the U.S. continue to rise, while bitcoin struggles to gain upward momentum. Declining Bitcoin-Gold Ratio

Markets

Bitcoin Dips Below $100,000 as China Announces Retaliatory Tariffs on US Goods

Bitcoin's price dipped below the $100,000 mark on Tuesday, influenced by China's announcement of retaliatory tariffs on U.S. goods, including coal, crude oil, and agricultural machinery. The move by China's finance ministry, which will see tariffs ranging from 10% to 15% starting

Markets

US Tariffs on Canada, China, Mexico Rattle Markets: BlackRock Weighs In

The United States is poised to implement new tariffs on imports from Canada, China, and Mexico, ranging from 10% to 25%, marking a significant escalation in trade protectionism. This move, a key policy tool for the incoming administration, has injected a dose of uncertainty into global markets, with potential implications

Markets

US Dollar and Oil Prices Surge as Trump's New Tariffs Rock Global Financial Markets

The financial world is witnessing dramatic shifts as the U.S. dollar surges and oil prices jump nearly 4%, while stock markets around the globe take a hit following President Donald Trump’s imposition of new tariffs. These measures, which include a 25% levy on goods from Canada and Mexico

Markets

Blocklore Weekly: Bitcoin, AI Coins & Memes - Crypto Market in Limbo, What's Next?

The cryptocurrency market is currently in a period of consolidation, with Bitcoin fluctuating between $100,000 and $110,000 after a brief dip to $98,000. This sideways movement has left many investors wondering if a multi-month period of choppy trading lies ahead. Market sentiment remains complex, influenced by factors

Markets

Tether Reports $13 Billion Profit in 2024, Driven by Bitcoin and Gold Investments

Tether, the cryptocurrency firm behind the largest stablecoin USDT, announced a record-breaking year with a group-wide net profit of $13 billion in 2024. This substantial profit surge is attributed to the company’s significant investments in U.S. Treasuries, gold, and Bitcoin. Financial Performance and Profit Sources According to Tether’

Markets

Global Crypto Landscape Shifts: Central Banks, Bitcoin Reserves & Ethereum's Future

European Central Bank President Christine Lagarde has firmly dismissed the possibility of Eurozone central banks holding Bitcoin as a reserve asset, citing concerns about liquidity, security, and potential links to illicit activities. "There is a view around the table of the Governing Council that reserves have to be liquid,

Markets

Bitcoin Futures Dip into Bearish Zone as DeepSeek AI Sparks Market Jitters

For the first time since August, the Bitcoin futures market has flashed a bearish signal, with the futures basis dipping into negative territory. This shift in sentiment, coupled with Bitcoin's recent drop below $100,000, reflects a broader wave of risk aversion triggered by a confluence of factors,

Markets

Nvidia Sell-Off: "Black Swan" Author's Warning on AI Stocks & Market Risks

Nassim Nicholas Taleb, the author famed for his "Black Swan" theory on unpredictable events, is warning investors that this week's sharp selloff in Nvidia shares could be a harbinger of larger market shocks to come. Taleb, who also advises tail-risk hedge fund Universa Investments, believes the

Markets

Bitcoin Volatility Looms: 5 US Economic Reports May Roil Crypto Markets

The cryptocurrency market, particularly Bitcoin, is bracing for a potentially volatile week as a series of key U.S. economic data releases are set to be released. These reports, ranging from consumer confidence and inflation data to jobless claims and personal income figures, could significantly influence investor sentiment and the

Markets

Bitcoin Drops Below $100K as AI, Memecoin Sectors Lead Crypto Market Dip

The cryptocurrency market experienced a sharp downturn in the past 24 hours, with Bitcoin retreating below the closely watched $100,000 mark. This pullback, mirrored across the broader crypto space, resulted in over $850 million in liquidations, primarily impacting traders holding long positions. The downturn coincided with a premarket dip

Markets

Blocklore Weekly: Crypto Surges on AI, Solana & Political Support - What's Next?

The cryptocurrency market is experiencing a surge in activity and optimism, driven by a unique blend of political developments, technological advancements, and evolving investment strategies. The growing prominence of artificial intelligence (AI) within the crypto sphere, coupled with Solana's (SOL) impressive performance and a more favorable political landscape,

Markets

ECB Pushes for Digital Euro as Trump’s Crypto Order Aims to Disintermediate Banks

In a strategic move to maintain its financial sovereignty and competitive edge, the European Central Bank (ECB) is pushing forward with plans for a digital euro. This initiative comes as a direct response to U.S. President Donald Trump’s recent executive order aimed at promoting U.S.-backed stablecoins

Markets

Bitcoin Stabilizes Following Trump’s Crypto Executive Order Without Clear Strategic Reserve Plan

President Donald Trump has taken a significant step towards bolstering the United States' position in the cryptocurrency and blockchain sectors by signing an executive order aimed at enhancing digital financial policy. Despite the ambitious nature of the announcement, the cryptocurrency market reacted with measured optimism, as Bitcoin and Ethereum

Markets

SignalPlus Secures $11M to Expand Crypto Trading Software Biz

SignalPlus, a rising star in the cryptocurrency trading software space, has secured $11 million in a Series B funding round. The Asia-based company, known for its institutional-grade tools for navigating the complex world of crypto derivatives, plans to use the fresh capital to expand its product offerings and grow its

Markets

Trump Declares U.S. as Future "World Capital of AI and Crypto" at Davos Forum

President Donald Trump has reaffirmed his commitment to positioning the United States at the forefront of technological innovation, declaring it the "world capital" of both artificial intelligence (AI) and cryptocurrency. Speaking via livestream at the World Economic Forum in Davos, Switzerland, Trump outlined his administration’s strategic initiatives

Markets

Bitcoin Steadies at $105K as Trump’s Pro-Crypto SEC and CFTC Picks Boost Market Confidence

Bitcoin has steadied around the $105,000 mark, with market analysts crediting President Donald Trump’s recent regulatory appointments for easing the volatility seen earlier in the week. The selection of pro-crypto leaders at the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) has bolstered investor

Markets

XRP Price Up as Investors Await Regulatory Clarity Under President Trump

The cryptocurrency XRP edged higher on Wednesday, reflecting investor optimism amid ongoing uncertainty about regulatory policies under President Donald Trump’s administration. According to data from crypto exchange Kraken, XRP rose by 1.3% to $3.18 over the past 24 hours. In comparison, Bitcoin, the largest cryptocurrency, saw a