by Jibran Munaf | November 18, 2024 | Cryptocurrencies
Bitcoin has bounced back from its sharpest two-day decline since the US presidential election, reflecting investor uncertainty over President-elect Donald Trump’s pro-crypto policy agenda. The digital currency dropped nearly 3% over the weekend before recovering to...
by Jibran Munaf | November 16, 2024 | Currencies
China’s ambitions for a “powerful currency,” as envisioned by President Xi Jinping, face significant obstacles with the return of Donald Trump to the White House. The yuan, already under pressure due to economic headwinds, may see accelerated...
by Jibran Munaf | November 15, 2024 | Currencies
The U.S. dollar surged to a one-year high on Friday, poised for its strongest weekly gain since September, buoyed by diminished expectations for Federal Reserve rate cuts and anticipation of inflationary pressures from President-elect Donald Trump’s proposed...
by Jibran Munaf | November 12, 2024 | Cryptocurrencies
Bitcoin soared close to the $90,000 mark on Tuesday, fueled by optimism surrounding Donald Trump’s election and expectations of a more crypto-friendly U.S. administration. The cryptocurrency reached $89,637 in Asia, marking a 25% gain since November 5. This...
by Jibran Munaf | November 11, 2024 | Cryptocurrencies
Solana (SOL) has reached a significant milestone, surpassing a $100 billion market capitalization for the first time. On Nov. 7, the cryptocurrency’s market cap hit a record $101.09 billion, with SOL’s price climbing to $214.06 after an 8.36% surge over 24 hours. This...
by Jibran Munaf | November 11, 2024 | Cryptocurrencies
Bitcoin reached a new high near $81,000, fueled by optimism following U.S. elections that brought several pro-crypto lawmakers into office. With investors betting on the cryptocurrency surpassing $90,000, open interest in call options on Deribit, a popular derivatives...
