Cryptocurrencies are broadly expected to have a strong 2025 as Donald Trump makes good on his promise of pro-crypto regulatory policies after taking office in January. A lack of a basic regulatory framework for exchanges and trading of cryptocurrencies is the predominant reason why many still feel reluctance in spending…
Match Group stock price has imploded as the online dating industry goes through the biggest slowdown in years. MTCH shares were trading at $32.85, down by over 82% from the all-time high, bringing its valuation from $50 billion to $8.35 billion. Users have fallen out of love with dating apps…
The USD/TRY exchange rate held steady on Friday morning after the Central Bank of the Republic of Turkey (CBRT) slashed interest rates higher than previously expected. The pair was trading at 35.22, a few points below the all-time high of 35.30. CBRT interest rate cut The CBRT delivered its interest…
The USD/JPY exchange rate rose slightly in a low-volume environment after the latest Japan consumer inflation data. It was trading at 157.65, a few points below this week’s high of 158.10, which was also the highest swing since July 2024. The pair may experience more gains in 2024 now that…
The iShares 20+ Year Treasury Bond ETF (TLT) continued retreating this week, falling from the year-to-date high of $100.2 to the current $87.82. It has plunged to its lowest level since May 31st and formed a death cross pattern. So, what next for the blue-chip bond ETF as outflows surge?…
The SPDR S&P 500 (SPY), Invesco QQQ (QQQ), and SPDR Dow Jones (DIA) ETFs have had a strong performance in the past two years. The QQQ ETF had total returns of 54% in 2023 and 30% this year. Similarly, the SPY fund rose by 26% and 28% in the same…
The South Korean won has crashed to a record low as the US dollar gained momentum and the country’s political crisis remained. The USD/KRW exchange rate rose to a high of 1,486, a record high, and then pared back some of these gains to 1,470. South Korea political and economic…
Quantum computing stocks have gone parabolic this month as investors pile into this sector, comparing it to the artificial intelligence industry. Rigetti Computing (RGTI) stock has soared by over 542% in the last 30 days, while Quantum-Si (QSI) has surged by 65% in the same period. Quantum Corporation (QMCO) stock…
Rumble stock price has gone parabolic this month as it surged to a record high of $17.35, its highest level since February 2022. It has soared by 28% this week and 380% from its lowest level this year, pushing its valuation to over $3.6 billion. Rumble shares soared after Tether,…
Six Bitcoin-tracking funds are set to launch in Israel next week, marking a major development in the nation’s cryptocurrency investment landscape. The funds, approved by the Israel Securities Authority, will begin trading on December 31 and will be accessible through banks and investment firms. The funds aim to replicate Bitcoin’s…