Bitcoin’s sustained price above $100,000 was supposed to signal its arrival as a mature institutional asset. Instead, its sudden reversal below that threshold has unsettled traders and revived fears of another crypto winter. On Nov. 4, Bitcoin briefly dipped to its lowest level since May at $99,075, before recovering to approximately $102,437 as of press […]
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House Budget Committee Chairman Jodey Arrington, R-Texas, will not seek re-election in 2026. The senior Republican lawmaker will have finished serving a decade in Congress when he leaves at the end of next year. ‘I have a firm conviction, much like our founders did, that public service is a lifetime commitment, but public office is […]
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Investing.com– The Mexican peso weakened sharply on Sunday, while the Canadian dollar softened amid heightened fears that U.S. President Donald Trump will deliver on his tariff threats, after he imposed steep import duties on Colombia. The Mexican peso was more badly hit, with the USD/MXN pair- which gauges the amount of pesos required to buy […]
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Lawyers for roughly two dozen states will head to court Monday to block the Trump administration’s attempt to penalize them for making full payments to Supplemental Nutrition Assistance Program (SNAP) recipients. The filing is the latest in a chaotic, fast-moving legal saga centered on the status of the nation’s largest anti-hunger program, which supports 42 […]
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Sector Rotation Stalls, Tech Remains King Despite a slight rise in the S&P 500 over the past week, the sector rotation landscape is presenting an intriguing picture. For the first time in recent memory, we’re seeing absolutely no changes in the composition of the sector ranking — not just in the top five, but across […]
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Record difficulty and declining on-chain fees have dragged Bitcoin mining profitability to a two-year low, creating a widening divide between miners surviving on razor-thin margins and those reinventing themselves as data-center operators for the AI boom. Mining used to be a homogeneous industry moving in sync with Bitcoin’s price. However, it’s now evolving into a […]
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Investing.com — Donald Trump’s inauguration week began with a relief rally in G10 currencies against the US dollar (USD), driven by a Wall Street Journal report hinting at a potential delay in tariffs. UBS strategists, citing their short-term valuation model, analyzed the rally, assessing the extent of tariff risk priced into currencies as of the […]
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The stock market feels like it’s holding its breath ahead of Big Tech earnings. The first two days of the trading week were mostly quiet, but Tuesday gave us a few nuggets worth chewing on. The S&P 500 ($SPX) squeaked out another record close, up by a modest +0.06%. It’s barely a blip, but it […]
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By Kanishka Singh and David Brunnstrom WASHINGTON (Reuters) – New U.S. Secretary of State Marco Rubio held a call on Friday with Vietnam’s Deputy Prime Minister and Foreign Minister Bui Thanh Son in which he urged Vietnam to address trade imbalances and also discussed shared concerns about China. In the call, the first between the […]
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October closed roughly 4% down for Bitcoin, yet venture funding hit $5.1 billion in the same month, the second-strongest month since 2022. According to CryptoRank data, three mega-deals account for most of it, as October defied its own seasonal mythology. Bitcoin fell 3.7% during a month traders have nicknamed “Uptober” for its historical winning streak, […]
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