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Robinhood CEO Says US Crypto Is Rising From The Ashes
The CEO of Robinhood, Vladimir Tenev, has disclosed that the United States is finally providing crypto some room to breathe.It has been years since there has been tight regulation and unclear rules. Things are finally looking better for crypto firms. In a sit-down interview with Crypto in America...
Bitcoinist
19 minutes ago
PRECIOUS-Gold rebounds on dip buying; US-China trade talks in focus
Trump says China tariffs will likely come down from 145%Trump, Starmer hail limited US-UK trade deal, but 10% US duties remainSeveral Fed officials scheduled to speak later in the dayBy Anushree Mukherjee May 9 (Reuters) - Gold firmed on Friday on dip-buying after prices dropped earlier in the se...Reuters
2 hours ago
Oil prices gain ahead of Sino-US trade talks
All eyes on US-China talks in Switzerland on May 10OPEC April oil output edged lower despite plans for hike -Reuters surveyChina's April exports exceed expectations, imports declines slimmedBy Mohi Narayan NEW DELHI, May 9 (Reuters) - Oil prices were up on Friday, after rising about 3% in the...Reuters
2 hours ago
Coinbase Plummets 3% Post Market as Q1 Earnings Miss Estimates, But Analysts Spot Upside Potentials!
Coinbase (COIN) reported weaker-than-expected Q1 earnings, sending its shares down nearly 3% in after-hours trading. However, analysts maintain a "Buy" rating, citing a promising outlook.
TradingKey
3 hours ago
Bitcoin Realized Cap Hits ATH Again – Sustained Inflows Signal Bullish Momentum
Bitcoin Surges Toward $100K as Capital Inflows Drive Breakout Momentum Bitcoin has finally broken above the critical $98,000 resistance level and is now on the verge of making history as it tagged $99,890—just shy of the long-awaited $100K mark. Bulls are firmly in control, with momentum acceleratinBitcoinist
3 hours ago
Trump’s $6 Billion Trade Deal With The UK Pushes Bitcoin Past $100,000
Bitcoin (BTC), the market’s leading cryptocurrency, has surpassed the $100,000 mark for the first time since February, driven by a notable shift in President Donald Trump’s tariff policies, which sparked renewed optimism in the crypto market. Bitcoin Only 6% Off Its All-Time High Over the past monthNewsBTC
3 hours ago
Japan's 10-year bond yield hits near one-month high amid trade talk optimism
TOKYO, May 9 (Reuters) - Japan's 10-year government bond yield hit near a one-month high as optimism on global trade talks lifted appetite for risk-friendly assets, and prompted investors to sell safe-haven bonds.
Reuters
3 hours ago
Nvidia modifies H20 chip for China to overcome US export controls, sources say
BEIJING, May 9 (Reuters) - Nvidia NVDA.O plans to release a downgraded version of its H20 artificial intelligence chip for China in the next two months, following U.S. export restrictions on the original model, three sources familiar with the matter told Reuters.
Reuters
4 hours ago
Japan's Nikkei hits more than one-month high on optimism around trade talks
TOKYO, May 9 (Reuters) - Japan's Nikkei share average hit a more than one-month high on Friday, as risk appetite was lifted by hopes of progress in U.S. trade talks and domestic firms' better-than-expected outlook.The Nikkei .N225 rose 1.49% to 37,478.58 by the midday break, its highest leve...Reuters
4 hours ago
China's first four-month steel exports at record high despite tariff turmoil
BEIJING, May 9 (Reuters) - China's steel exports in April topped 10 million metric tons for a second straight month bringing the total in the first four months to a record high, underpinned by front-loaded shipments ahead of U.S. President Donald Trump's hefty tariffs.Reuters
4 hours ago
US stock markets surge, Bitcoin surpasses $100K as Trump tells Americans to “buy stocks now”
US markets jumped on Thursday after President Donald Trump confirmed a new trade deal framework between the United States and the United Kingdom, calling it the beginning of what he said would be an economic boom. The announcement marked the first big agreement since the White House rolled out sweepCryptopolitan
8 hours ago
Trump renews criticism of Fed's Powell for not cutting rates
WASHINGTON, May 8 (Reuters) - U.S. President Donald Trump renewed his criticism on Thursday of Federal Reserve Chairman Jerome Powell, complaining that the Fed is refusing to lower interest rates.Trump said cutting interest rates would be "like jet fuel" for the economy "but he doesn'...Reuters
9 hours ago
Equities rise with dollar, bond yields on trade optimism after US-UK deal
NEW YORK/LONDON, May 8 (Reuters) - Global equities were slightly higher on Thursday, with Wall Street outperforming, while the dollar and Treasury yields also gained after the United States and United Kingdom outlined a trade deal, fueling hopes for compromises with other countries.Reuters
9 hours ago
Oil prices rise 3% on support from US-China trade hopes
Crude prices supported by impending US-China talksBrent prices could drop to $50 if US-Iran deal occurs - CitiTrump heralds 'breakthrough' deal with UKBy Stephanie Kelly NEW YORK, May 8 (Reuters) - Oil prices rose around 3% on Thursday, buoyed by hopes of a breakthrough in looming trade t...Reuters
14 hours ago
Pound, UK stocks take some heart from US/UK trade deal
UK big cap stocks slip after US-UK trade dealUS, UK agree on trade terms for autos, metals, pharma among others10% tariff on UK exports to the US remainsSterling lifted earlier by surprise BoE vote on rates By Amanda Cooper and Samuel Indyk LONDON, May 8 (Reuters) - The pound edged up on Thursday...Reuters
17 hours ago
Burger King-parent Restaurant Brands' quarterly results miss on weak demand
Quarterly comparable sales at Tim Hortons, Burger King declineRising commodity prices increase Restaurant Brands' supply chain costsTim Hortons sales dip despite 'Buy Canadian movement' expectations, analyst saysBy Anuja Bharat Mistry May 8 (Reuters) - Restaurant Brands QSR.N QSR.TO m...Reuters
20 hours ago
Euro zone bonds little changed after BoE, UK yields rise
May 8 (Reuters) - Euro zone government bond yields edged a touch higher on Thursday, roughly unchanged after the Bank of England after cut rates and suggested it needed to adjust policy gradually.UK gilt yields rose, with the policy-rate sensitive 2-year GB2YT=RR up 7 basis points (bps) at 3.88%...Reuters
20 hours ago