by Jibran Munaf | November 10, 2024 | Cryptocurrencies
Bitcoin is on the brink of reaching $80,000, driven by investor optimism over President-elect Donald Trump’s supportive stance on digital assets and a pro-crypto Congress. Bitcoin’s Record Rally The cryptocurrency surged as much as 4.3% to an all-time high of $79,771...
by Jibran Munaf | November 9, 2024 | Currencies
The British pound approached a 2.5-year high against the euro on Friday, fueled by market expectations that the European Central Bank (ECB) will adopt a more aggressive easing policy than the Bank of England (BoE). The pound was down 0.05% at 83.24 pence per euro,...
by Jibran Munaf | November 9, 2024 | Currencies
The U.S. dollar was set to close a volatile week with a modest gain, as markets processed the implications of Donald Trump’s return to the White House and the Federal Reserve’s cautious approach on rate adjustments. Following Trump’s election win, the dollar initially...
by Jibran Munaf | November 9, 2024 | Cryptocurrencies
BlackRock Inc.’s spot-Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust ETF (IBIT), has overtaken the firm’s prominent iShares Gold Trust (IAU), reaching $34.3 billion in assets after an unprecedented $1.1 billion inflow on Thursday, according to...
by Alifiya H Ujjainwala | November 8, 2024 | Currencies, News, politics
Gold prices fell to a three-week low as investors flocked to the US dollar following the announcement of Donald Trump winning the 2024 US presidential election. Reports suggest that gold price is under considerable downward pressure, following the recent events....
by Beshr Olaiwi | November 7, 2024 | Cryptocurrencies
Bitcoin has hit an all-time high, soaring to $76,000 on Wednesday, November 6, following reports that former President Donald Trump is poised to return to the White House. This new peak surpasses the previous record of $73,797.98, set in March, signaling growing...
