Bitcoin price lost a key support level after a failed breakout attempt past $97,000. Risk sentiment faded as key legislation stalled in the US and short-term traders started booking profits. Total crypto market cap slipped below the $3.3 trillion mark for the second time this month, having dropped over 2%. The crypto fear and greed […]
Gold and silver are wrapping up yet another record-setting week that’s seen economic uncertainty and geopolitical tensions combine to push prices upward. The yellow metal moved decisively through US$4,600 per ounce on Monday (January 12), trading above that level for a decent amount of the week. For its part, silver reached what’s perhaps an even […]
Three US House Democrats are accusing the Securities and Exchange Commission of stepping back from its enforcement role in the cryptocurrency sector and are demanding explanations from SEC Chairman Paul Atkins over the agency’s dismissal or pause of several high-profile crypto cases, including one involving Tron founder Justin Sun. In a letter sent Thursday to […]
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The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after Saks Global struggled with debt it took on to buy rival Neiman Marcus, lagging department store sales and a rising online market. It’s one of the largest retail collapses since the Covid pandemic, and casts […]
XRP price pulled back for the second consecutive day after the Senate withdrew the planned CLARITY Act markup. Ripple token dropped to $2.090, down from this week’s high of $2.188. It also remains in a local correction after falling by 13% from its highest point this year. XRP price falls after CLARITY Act Markup Delay […]
Mario Innecco, who runs the maneco64 YouTube channel, shares his thoughts on the record runs in gold and silver, outlining what these high prices say about the world. ‘This is I think the end of this fiat currency regime,’ he said. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned […]
The crypto market is going up today, with Dash and Story jumping by over 30% in the last 24 hours. Other top gainers were coins like Pepe (PEPE), Optimism (OP), Internet Computer (ICP), and Pudgy Penguins (PENGU). This article explains why the crypto rally is happening today. Crypto market going up after recent US jobs […]
Andy Schectman, president of Miles Franklin, breaks down recent silver market dynamics, including the massive rise in entities standing for delivery of physical metal, increased CME Group (NASDAQ:CME) margin requirements and China’s silver export controls. ‘We’re beginning to see at the highest level a change of mentality, a change of perception of what these metals […]
After touching an intraday high of $92,356, Bitcoin slipped back to retest the $90,000 psychological support as optimism around a potential Fed rate cut began to fade. Sentiment was also dampened by persistent outflows from spot crypto ETFs, which kept investor interest in check. The total cryptocurrency market cap dropped below $3.2 trillion and was […]
