News
Important Only
Global markets headed for a December cooldown after Trump-driven rally
November sent global markets into overdrive after Donald Trump clinched the U.S. presidential election on the 5th. Wall Street lit up, the dollar flexed its muscles, and Bitcoin charged ahead like it had something to prove. And prove, it did. But not everyone got a piece of the pie. While U.S. assets soaked up investor […]Cryptopolitan
Sat, Nov 30
AI will propel Tesla to $2 trillion, Wall Street analyst says
Artificial intelligence (AI) technology will propel Tesla to $2 trillion in the next few months, according to Wall Street analyst Dan Ives. Ives, who works at Wedbush Securities, highlighted that automobile and technology company’s share could experience a major boost due to its foray into the technology. Aside from AI, Tesla has also been majoring […]Cryptopolitan
Sat, Nov 30
Bank of England flags global economic threats from rising trade barriers
The Bank of England (BoE) has warned that escalating trade barriers are a ticking time bomb for the global economy. The central bank’s latest financial stability report didn’t hold back, detailing how higher restrictions on international trade are shaking up economic growth and creating massive uncertainty around inflation. It’s a cocktail of risks that’s already […]Cryptopolitan
Sat, Nov 30
JPMorgan predicts ECB will cut Eurozone rates by half a point in December
JPMorgan has shaken the markets with a revised bet for the European Central Bank (ECB) to cut interest rates by half a percentage point next month. The banking giant, originally expecting the move in January, now believes December will be the tipping point for a larger rate cut. Their reasoning? “Economic data is unraveling faster […]Cryptopolitan
Sat, Nov 30
Wall Street outshines global rivals yet again as U.S. stocks keep surging
Wall Street crushed it this week. While European and Asian markets barely managed to tread water, U.S. stocks were off breaking records like they didn’t get the memo about inflation and tariffs. The S&P 500 gained 1.1% during a week where half of Wall Street was on holiday and Trump’s latest trade threats were making […]Cryptopolitan
Sat, Nov 30
US spot Ether ETFs see record daily inflow at $332 million
United States spot Ether ETFs recorded an increase in daily inflows on November 29. According to data from Farside, the $332 million figure surpasses the previous inflow record of $295 million set on November 11. Much of the credit can be directed towards BlackRock’s iShares Ethereum Trust, accounting for about $250 million of the total […]Cryptopolitan
Sat, Nov 30
Janet Yellen killed Meta’s Libra project, David Marcus alleges
Former PayPal president and head of Meta’s defunct Libra project, David Marcus has shed light on the unfortunate incident surrounding the project. Marcus took to microblogging platform X to reveal that Treasury Secretary Janet Yellen was indirectly involved in the project’s death. The former PayPal president decided to clear the air on the issue after […]Cryptopolitan
Sat, Nov 30
Inside the Bitcoin megaforce that is MicroStrategy
Once a fading software company struggling to stay relevant, MicroStrategy (MSTR) has outstandingly become the ultimate Bitcoin buying powerhouse, hoarding nearly 2% of the world’s entire BTC supply. What’s driving this wild transformation? Ambition, audacity, and billions in borrowed cash. In the past month alone, MicroStrategy announced plans to raise a staggering $42 billion through […]Cryptopolitan
Sat, Nov 30
