Submitted May 8, 2025|From financemagnates.com

Alex Mashinsky, the Celsius founder, was sentenced to 12 years in prison for a scheme that unraveled billions in investor funds and trust, Bloomberg reported. Mashinsky, once a vocal promoter of Celsius Network’s sky-high returns, will now spend ...

Submitted May 8, 2025|From thehill.com|12 comments

The European Union (EU) plans to respond to President Trump by possibly imposing tariffs over $100 billion on U.S. goods if talks with Washington do not bring about an adequate outcome. The European Commission, the EU’s executive arm, released a ...

Submitted May 8, 2025|From forex.com

So, the markets are keeping their footing, supported by renewed optimism over trade negotiations—starting with a deal between the US and the UK. US stocks were testing their session highs at the time of writing as Bitcoin broke above the key $100K ...

Submitted May 8, 2025|From channelnewsasia.com

It's late to the sell-USA party. But bitcoin is finally reclaiming its place as a big alternative for investors spooked by President Donald Trump's trade war and keen to dump U.S. stocks, Treasuries and the dollar. After an initial tumble to its ...

Submitted May 8, 2025|From forex.com

Euro is poised to mark a third consecutive weekly-decline with the EUR/USD losses extending on the heels of the FOMC interest rate decision. The sell-off takes price into the first major test for the bears at a major pivot zone- risk for possible ...

Submitted May 8, 2025|From @bahabreaking

#BREAKING Meta might reportedly introduce stablecoins, according to Fortune https://t.co/mro40c6itB

Submitted May 8, 2025|From sec.gov

Welcome to the penultimate day of the SEC’s 31st International Institute for Securities Market Growth and Development. Before I begin, as I am sure you anticipate based on what you have heard from many SEC speakers this week, my views are my own as ...

Submitted May 8, 2025|From think.ing.com

Pricing was not great on the 30yr auction. But at the same time is was a fast market into auction, with yields on a persistent rise, which likely acted to add to an overall concessionary bid at auction. Beyond that, the breakdowns between indirect, ...

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

Federal Reserve Chair Jerome Powell played down any impressions Wednesday that the central bank was looking ahead to cushion economic weakness from President Trump’s tariffs by cutting rates. At a news conference, he used some version of the word ...

Submitted May 8, 2025|From fxempire.com

Gold: chart Gold is losing ground as demand for safe-haven assets declined after the U.S. announced a trade deal with the UK. A move below the $3300 level will push gold towards the next support, which is located in the $3235 – $3245 range. ...

Submitted May 8, 2025|From capitalspectator.com

The most popular cryptocurrency, bitcoin, is posting the strongest performance among the world’s primary markets since President Trump on Apr. 2 announced “Liberation Day” and rolled out sharply higher US tariffs on imports. Gold is a strong ...

Submitted May 8, 2025|From news.sky.com

The Bank of England has cut interest rates from 4.5% to 4.25%, citing Donald Trump's trade war as one of the key reasons for the reduction in borrowing costs. In a decision taken shortly before the official confirmation of a trade deal between ...

Submitted May 8, 2025|From miningweekly.com

Iron-ore fell as China’s top steel association confirmed that output curbs were under way, and long-awaited PBOC rate cuts failed to deliver a sustained lift in sentiment. Futures fell as much as 1.5%, paring gains from Wednesday when the People’s ...

Submitted May 8, 2025|From financemagnates.com

While global headlines have focused on China’s digital yuan and the European Central Bank’s cautious CBDC steps, Canada has been quietly building one of the world’s most thoughtful and forward-looking digital currency strategies. The Bank of Canada ...

Submitted May 8, 2025|From whitehouse.gov|1 comment

Today, on the 80th anniversary of Victory Day for World War II, President Donald J. Trump and Prime Minister Keir Starmer announced a historic trade deal, providing American companies unprecedented access to the UK markets while bolstering U.S. ...