💵 💴 💶U.S. Treasury Recognizes Bitcoin as ‘Digital Gold’💴 💶 The United States Department of the Treasury has officially recognized Bitcoin as “digital gold,” highlighting its primary role as a store of value. Alongside this acknowledgment, the Treasury noted that the rising adoption of stablecoins has increased demand for Treasury bonds. The Treasury’s report emphasizes […]
💵 💴 💶US Stock Markets Slow Down Ahead of Employment Report💴 💶 US stock markets closed lower, pressured by UnitedHealth and technology stocks, as investors awaited Friday’s employment data. Short-term Treasury yields declined. Gold prices dropped, while the dollar weakened against major currencies. Oil prices edged lower as investors balanced strong supply outlooks with OPEC+’s […]
💵 💴 💶BTC Finally Reaches $100,000💴 💶 Bitcoin’s $100,000 mark has been one of the most anticipated milestones within the crypto community. For most traders and investors, it was always a question of “when,” not “if.” The asset has been experiencing a significant bull run since Donald Trump’s election victory and has finally reached this […]
💵 💴 💶Fed Pricing in Rate Cuts💴 💶 Markets are pricing in a 72% probability that the Fed will cut interest rates by 25 basis points this month. By the end of next year, a total of 80 basis points in rate cuts are anticipated. Fed officials have expressed confidence in their statements that inflation […]
💵 💴 💶US Markets Start December 2024 with Record Highs💴 💶 US markets, including Nasdaq and S&P 500, rose sharply due to strong performances from tech stocks. Investors are awaiting a week packed with key economic data, including critical unemployment figures to be released on Friday. Indices have shown positive momentum as Treasury yields slightly […]
💵 💴 💶XRP Surpasses Solana and USDT: A Remarkable Comeback After 7 Years💴 💶 Ripple, which faced a challenging period after a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) four years ago, has managed to overcome this difficult phase and has made a stunning comeback. The cryptocurrency issued by the company, XRP, […]
💵 💴 💶Exchange rates stabilize at historical highs as Trump pricing dominates; data will be monitored💴 💶 The USD/TRY pair remains at its historical high following the significant dollar appreciation after Donald Trump was elected President of the United States, but it is trading relatively flat. With Thanksgiving holiday in global markets, trading volumes are […]
💵 💴 💶Exchange rates stabilize at historical highs as Trump pricing dominates; data will be monitored💴 💶 The USD/TRY pair remains at its historical high following the significant dollar appreciation after Donald Trump was elected President of the United States, but it is trading relatively flat. With Thanksgiving holiday in global markets, trading volumes are […]
💵 💴 💶Peace Talks and Trump Push Commodity Prices Down💴 💶 Oil prices fell yesterday following progress reports on an Israel-Hezbollah agreement. ICE Brent dropped by 3%, trading around $73 per barrel, while NYMEX WTI declined to $69 per barrel. Israel’s ambassador to the US stated that they are “very close to an agreement,” which […]
💵 💴 💶Israel and Lebanon on the Verge of a Ceasefire Agreement – Axios💴 💶 On November 11, MicroStrategy announced the acquisition of 27,000 Bitcoin, followed by another 51,000 BTC purchase on November 18. This week started with the same momentum as the Michael Saylor-led company acquired 55,500 BTC. The purchase price averaged $97,862, bringing […]
