Traditional markets in the US are closed on Monday for Memorial Day, but a big flow of economic data will follow during the rest of the week ahead. Trade war fears returned to the markets late last week with Donald Trump stirring the pot again, threatening phone makers and the European Union. This resulted in […]
A high-dollar gathering at President Donald Trump’s Virginia golf club has ignited a storm of ethical debates, blending crypto spectacle with accusations of constitutional overreach. The Thursday dinner, reserved for the top 220 holders of the head of state’s TRUMP meme coin, attracted billionaires, celebrities, and a cascade of legal threats, with critics calling it […]
Stock markets notched solid gains last week while crypto markets lost a bit of ground and cooled slightly. The weaker-than-expected readings on CPI and inflation expectations keep markets buoyed, while the Trump administration’s Middle East deals were a boon for the AI sector. Additionally, US Treasury yields are surging again. “Trade deals, recession worries, lower […]
Trump-affiliated Bitcoin mining company, American Bitcoin, plans to go public through a merger with Gryphon Digital Mining, Inc. The deal, structured as a stock-for-stock transaction, will see Gryphon acquire the company and operate under the American Bitcoin brand once closed. Merger Details According to a May 12 press release, the newly combined entity will be […]
Although BTC failed at $100,000 and the broader market faced a minor 2.1% pullback, U.S. President Donald Trump has doubled down on his pro-crypto stance, calling the asset class “very popular,” “very hot,” and even “much stronger” than the stock market. The comments were made in a May 4 sit down with Meet the Press […]
The US central bank will announce its interest rate decision this week, and it is highly expected that things will remain the same. Optimism picked up a little last week as stock and crypto markets made gains as tariff concerns eased slightly. However, the unexpected Q1 GDP contraction shook market sentiment. This appears to be […]
The latest on-chain data suggests that the team behind the popular meme coin, which exploded in value in the past week or so, has begun to transfer large portions to centralized exchanges. The community quickly picked up the move and most criticized it as a potential dump scheme. TRUMP to Exchanges The meme coin has […]
Crypto and stock markets saw some recovery last week as sentiment improved. However, many analysts think that US equities are not out of the woods yet. Escalating global trade tensions have almost dragged stocks into a bear market. Tariff uncertainty, signs of an economic slowdown, and persistent inflation continue to impact consumer and investor sentiment. […]
We live in wild times. Imagine being told just several months ago that the POTUS will have his own meme coin. Or, that meme token would skyrocket to a multi-billion-dollar market cap before it plunges by 90% within weeks. Or that the same president, who used to be against the industry, would praise the coin […]
Donald Trump has hit back at Federal Reserve Chair Jerome Powell after he criticized trade tariffs and warned of dire economic consequences. Trump responded aggressively on social media, calling Powell “Too Late Jerome” and suggesting he might be fired, challenging the Fed’s independence. “I’m not happy with him… If I want him out, he’ll be […]