Submitted May 8, 2025|From pepperstone.com|1 comment

The bullish divergence (price vs RSI) seen in April has played out well, with the Bitcoin (BTC) price rallying close to 40% off the 8 April lows. The price action and tape have been exactly what the bulls want to see in a rally – a strong breakout ...

Submitted May 8, 2025|From pymnts.com

“Crypto is eating financial services.” That was what Coinbase CEO Brian Armstrong told investors on Thursday’s (May 8) first quarter 2025 earnings call. Coinbase revenue for the quarter reached $2.03 billion, down 10% from the prior quarter but ...

Submitted May 8, 2025|From finance.yahoo.com

Gold edged higher — after a roller-coaster week in which it jumped almost 6% in the first two sessions before retracing much of those gains — as the market digested the new US-UK trade deal. Bullion traded above $3,316 an ounce, and was up more than ...

Submitted May 8, 2025|From thestreet.com

During a conversation with TheStreet Roundtable Scott Melker, James Putra, SVP of Strategy at TradeStation, broke down how traditional hedging strategies are finally becoming viable in the crypto markets. “In the past, you really couldn't execute ...

Submitted May 8, 2025|From forex.com

With little evidence the U.S. economy is entering a recession and negotiations between the U.S. and other major trading partners trending in a positive direction, the case for hoarding safe havens looks increasingly weak in the current environment. ...

Submitted May 8, 2025|From channelnewsasia.com

Japanese real wages decreased for a third consecutive month in March against the background of relentless inflation, while overtime salaries fell at the fastest pace in almost a year, government data showed on Friday. The pay data will add to ...

Submitted May 8, 2025|From upi.com

By a one-vote margin, the Senate stymied a first-of-its kind measure designed to regulate cryptocurrency in the United States, with Republicans crossing party lines to derail the bill. The measure, nicknamed the GENIUS Act, would have created a ...

Submitted May 8, 2025|From sbcgold.com

Investors have a closing window of opportunity to snag silver around $30 per ounce before prices soar to $38 by the end of 2025, says UBS. The bank attributed silver’s recent pullback to a “risk-off” market spasm following Trump’s blanket tariff ...

Submitted May 8, 2025|From fxstreet.com

Siver price held firm on Thursday as risk appetite improved on news of a US-UK trade deal, along with hopes that Sino-US tensions could be lowered, as delegations of both countries would meet in Switzerland this weekend. At the time of writing, ...

Submitted May 8, 2025|From pymnts.com

Digital asset settlement network Lynq is launching with Crypto.com as a partner. Crypto.com’s exchange is now the first digital asset exchange to integrate with Lynq, according to a Thursday (May 8) news release. The partnership will help speed ...

Submitted May 8, 2025|From sbcgold.com

Gold is on track to hit $4,000 as the rally builds momentum, according to Yardeni Research. While acknowledging the safe-haven demand sparked by a global trade war, the global investment company bases its bullish prediction on relentless central ...

Submitted May 8, 2025|From omfif.org

Roughly 1.4bn adults around the world remain unbanked, with the greatest exclusion concentrated in sub-Saharan Africa and southeast Asia. At the same time, sovereign bonds in these regions are often issued in large denominations and dominated by ...

Submitted May 8, 2025|From finance.yahoo.com|3 comments

American workers are the least confident they've been in over four years about finding a new job if they become unemployed, according to a new survey released by the Federal Reserve Bank of New York on Thursday. The NY Fed's survey showed the mean ...

Submitted May 8, 2025|From kitco.com

The London Bullion Market Association said on Thursday that gold held in London vaults totalled 8,536 metric tons at the end of April, up 0.6% from the previous month, as more of the precious metal returned from New York to London after dislocation. ...

Submitted May 8, 2025|From youtube.com/cnbctelevision

On today's episode of CNBC Crypto World, bitcoin crosses $100,000 for the first time since February. Also, CNBC confirms David Bailey, a key crypto advisor to President Trump, plans to launch a public bitcoin holding company. And, Robert Leshner of ...

Submitted May 8, 2025|From youtube.com/cmegroup

The British pound fell to 1.3240 after the Bank of England cut rates by 25 bps, marking its lowest close since April 23. Volatility continued to decline, and speculators had added to net long positions ahead of central bank meetings. Todd Colvin ...

Submitted May 8, 2025|From agmetalminer.com

The Automotive MMI (Monthly Metals Index) moved sideways this past month, dropping a slight 1.74%. The US automotive industry faces a bumpy ride as key metal prices continue to swing wildly. In recent weeks, critical inputs like hot-dipped ...

Submitted May 8, 2025|From cnn.com

Senate Democrats blocked a first-of-its-kind bill aimed at regulating cryptocurrency in the US amid Democratic concerns over President Donald Trump’s cryptocurrency dealings. The vote came after months of intense negotiations between Democrats and ...

Submitted May 8, 2025|From wellsfargo.bluematrix.com

Nonfarm labor productivity contracted at a 0.8% annualized rate in Q1. While eye-catching, productivity is noisy quarter-to-quarter, particularly given the trade-induced negative GDP growth print in Q1. When smoothing through recent choppiness, the ...

Submitted May 8, 2025|From youtube.com/cmegroup

Gold futures dropped for a second straight session, down more than 4% from weekly highs, as risk sentiment returned and equity indexes pushed above key technical levels.Fed Chair Jerome Powell said the current policy stance allows time to wait for ...