Wednesday came with a a fast-spreading shockwave across geopolitics, markets, and human rights. Donald Trump ignited transatlantic tensions by declaring the US Greenland’s sole guardian, triggering EU retaliation. At Davos, Jamie Dimon torched a proposed credit-card rate cap as economically ruinous. Meanwhile, Amnesty International detailed Iran’s lethal crackdown on bystanders, and global risk aversion sent
Bitcoin rose alongside US equities on Wednesday after President Donald Trump said he hopes to sign market structure legislation for digital assets “very soon” during a World Economic Forum speech in Davos. The remarks helped lift sentiment across risk assets. Data from TradingView showed daily Bitcoin gains of about 1.7% around the time of the
BitGo is poised to become the first cryptocurrency company to list in the United States this year after pricing its initial public offering above expectations, in a milestone debut for the digital asset industry amid ongoing regulatory and market uncertainty. The Palo Alto-based firm, one of the largest crypto custody providers in the US, said
US spot Bitcoin and Ether exchange-traded funds recorded significantly wider outflows on Wednesday, underscoring continued institutional risk aversion as macroeconomic and geopolitical uncertainty weighed on digital asset markets. According to data from Farside Investors, spot Bitcoin ETFs saw a combined daily net outflow of $708.7 million, marking the largest single-day redemption in roughly two months.
Bitcoin’s advance toward $90,000 stalled as a wave of coins flowed to exchanges, while on-chain data showed holders slipping into net realized losses for the first time since October 2023. At the same time, spot market signals have brightened, creating a mixed setup in which rising supply meets tentative demand, according to multiple analytics firms.
Ethereum’s Ether has lost 10% of its value in the last seven days, making it the second worst performer among the top 10, behind Dogecoin. The bearish performance saw Ether drop below $3k, with technical indicators suggesting further bearish movements in the near term. Ether’s funding rates flip negative Ether has dropped below $3k after
US President Donald Trump’s plan to grant Nvidia licences to ship more powerful artificial intelligence chips to China is triggering fresh backlash in Congress, including from prominent China hawks within his own party. The move is sharpening divisions in Washington over whether tighter export controls protect national security or weaken US influence in the global
US Energy Secretary Chris Wright called on the world to more than double oil production on Thursday, while simultaneously criticising the European Union and California for what he termed a wasteful focus on inefficient green energy. While the World Economic Forum (WEF) has increasingly focused its energy discussions on advancing lower-carbon policies, a conversation in
Top corporate leaders expressed relief after US President Donald Trump stepped back from imposing new tariffs on Europe, but warned that geopolitical uncertainty and regionalization remain central concerns for global business. Speaking to CNBC on the sidelines of the World Economic Forum in Davos, executives said the easing of immediate trade tensions had lifted markets,
This time last week, the S&P 500 hit yet another all-time high, coming within a couple of points of 7,000. Over the previous two months, the index had made a series of higher lows and higher highs. Over the same period, the VIX index, a measure of S&P volatility, had declined steadily, falling back to