News
Important Only
US SEC Closes Robinhood Crypto Investigation With No Enforcement Action
The Securities and Exchange Commission (SEC) closed its investigation into Robinhood Crypto (RHC) without pursuing enforcement actions. This move comes amid the Commission’s efforts to move away from its previous “regulation by enforcement” approach under the new industry-friendly administration.Peter Schiff criticizes Strategy Inc.’s Bitcoin purchases, cites falling stock value
Prominent economist and market analyst Peter Schiff has weighed in on Strategy Inc.’s investment in BTC and noted the firm’s declining share price and reduced Net Asset Value (NAV) premium. He further mentioned that, relative to doing leveraged Bitcoin buying, the stock has underperformed.Cryptopolitan
Tue, Feb 25
Supermicro stock falls ahead of critical financial update
Supermicro's (NASDAQ:SMCI) stock is trading lower Monday ahead of its all-important financial update on Tuesday, February 25th. The AI server maker is expected to file its delayed fiscal year and quarterly filings by this date.Investing.com
Tue, Feb 25
European car sales drop in January as falling combustion engines outweigh EV gains
Feb 25 (Reuters) - New car sales in Europe were down by 2.1% in January, as a jump in fully electric and hybrid-electric car registrations in its main markets was not enough to compensate for falling petrol and diesel sales, industry data showed on Tuesday. Overall sales in France, Italy, Germany anReuters
Tue, Feb 25
Gold price eases from all-time peak; bullish potential seems intact
Gold price retreats from a record high as traders opt to take some profits off the table. Worries over Trump’s tariff plans should limit losses for the safe-haven precious metal. Bets that the Fed would cut rates further could also act as a tailwind for the XAU/USD.
Fxstreet
Tue, Feb 25
Crypto market faces a massive liquidity crisis, $325 billion wiped since Friday
The crypto market is in a full-scale meltdown, with $325 billion in market cap wiped out since Friday morning as of press time, according to data from Coinglass, which also shows that the largest drop was when $100 billion disappeared within one hour.Cryptopolitan
Tue, Feb 25
Bank of Korea cuts rates to bolster growth, lowers GDP forecast
Bank of Korea cuts policy rate to 2.75%, as expectedCentral bank lowers GDP forecast even moreGovernor agrees with markets on policy pathAdds comments from governor in paragraphs 5 and 13, markets and won 7-9 and analysts 14By Cynthia Kim and Jihoon Lee SEOUL, Feb 25 (Reuters) - The Bank of Korea...Reuters
Tue, Feb 25
Putin says Europe is needed in Ukraine talks, but suggests deal still distant
Putin says it is key to build trust with U.S. firstEurope will be needed once talks focus on Ukraine peace dealPutin approved notion of deep cuts in military spendingAdds analyst comments; paragraphs 13-14 MOSCOW, Feb 24 (Reuters) - Europe's participation in Ukraine peace talks will be needed...Reuters
Tue, Feb 25
Strategy recently jumped into Bitcoin only to face a sharp decline, but their plans for accumulating more remain unchanged!
Last week, Strategy purchased a significant amount of Bitcoin, and today, BTC prices plummeted. However, this does not seem to deter the company from continuing its buying spree.TradingKey
Tue, Feb 25
JPMorgan’s Jamie Dimon says Elon Musk’s D.O.G.E effort ‘needs to be done’
JPMorgan Chase CEO Jamie Dimon said Monday that Elon Musk’s Department of Government Efficiency (D.O.G.E) is taking on an overdue challenge, calling the U.S. government wasteful and inefficient as the Trump administration slashes thousands of federal jobs and restructures entire agencies. Speaking tCryptopolitan
Tue, Feb 25
RPT-EXCLUSIVE-India's Feb gold imports to hit 20-year low on record high prices, sources say
Repeats February 24 story with no changes to textBy Rajendra Jadhav MUMBAI, Feb 24 (Reuters) - India's gold imports are set to tumble 85% in February from year ago levels to their lowest in 20 years, with demand sapped by record prices for the precious metal, a government official and three b...Reuters
Tue, Feb 25
Vietnam's US exports account for 30% of GDP, making it highly vulnerable to tariffs
HANOI, Feb 25 (Reuters) - Vietnam's goods exports to the United States accounted for 30% of its gross domestic product last year, the highest share among U.S. top trade partners, a Reuters review of public data shows, making the country highly vulnerable to reciprocal tariffs.Reuters
Tue, Feb 25
Taiwan economy ministry has received no information about any TSMC investment in Intel, US
TAIPEI, Feb 25 (Reuters) - Taiwan's economy minister said on Tuesday his ministry had not received information about an overseas investment application by Taiwanese chipmaker TSMC 2330.TW, when asked about possible investment in Intel INTC.O and the United States.Reuters
Tue, Feb 25
EXCLUSIVE -Nvidia's H20 chip orders jump as Chinese firms adopt DeepSeek's AI models, sources say
SINGAPORE/BEIJING, Feb 25 (Reuters) - Chinese companies are ramping up orders for Nvidia's NVDA.O H20 artificial intelligence chip due to booming demand for DeepSeek's low-cost AI models, six people familiar with the matter said.Reuters
Tue, Feb 25
PRECIOUS-Gold steadies near all-time high on Trump tariff concerns
Feb 25 (Reuters) - Gold prices hovered near a record high on Tuesday, supported by safe-haven demand amid concerns over U.S. President Donald Trump's tariff plans which could fuel inflation and escalate a global trade war.Reuters
Tue, Feb 25
Domino's Pizza Enterprises falls on slowing sales momentum, first-half profit miss
Feb 25 (Reuters) - Shares of Australia's Domino's Pizza Enterprises DMP.AX dropped more than 11% on Tuesday, after the pizza chain operator posted lower first-half profit and a slowdown in same-store sales momentum in the first seven weeks of the second half.The stock fel...Reuters
Tue, Feb 25
