The collapse of bitcoin from record heights recorded on Monday is related to traders’ expectations regarding President Donald Trump’s actions in the field of cryptocurrencies. After signing key decrees on the first day of his presidency, the market was hoping for signals about his position on crypto policy. Previously, digital assets showed steady growth against…
Upon assuming the office of President of the United States, Donald Trump signed a number of decrees that marked fundamental changes in the country’s political course. Among his first decisions are the cancellation of 78 decrees issued by his predecessor Joe Biden, as well as the US withdrawal from the Paris Climate Agreement. The President-elect…
Bitcoin exceeded $109,000 for the first time in history, reaching $109,112 during trading. The growth is explained by the expectations of the inauguration of Donald Trump, who supports cryptocurrencies and plans to make bitcoin a national priority. Moreover, on the eve of his inauguration, Trump launched the TRUMP meme token on the Solana blockchain, which…
New rate: dollar stable, Asian markets cautiously optimistic The dollar continued to show resilience on Monday, while Asian stock markets expressed cautious optimism. Investors were tensely awaiting Donald Trump’s first steps in his second term, and speculated that Japan could revise its key rate this week. Trump’s inauguration and statements Donald Trump will be sworn…
China’s GDP grew by 5.4% in the fourth quarter of 2024, exceeding the projected 5% and figures from previous quarters (5.3%, 4.7% and 4.6%). This made it possible to achieve annual economic growth of 5%, which corresponds to the official target. Increased economic activity was due to a policy change in September last year, but…
The price of gold reached its highest level in the last month during trading in Asia on Thursday. This was due to the weakening of the dollar and lower yields on Treasury bonds, which resulted from the publication of less alarming data on consumer inflation. Such indicators have strengthened the expectations of market participants regarding…
The cost of oil transportation is showing a noticeable increase, which is associated with forecasts of a decrease in the availability of tankers on the global market. The reason for this is the expansion of US sanctions measures against the Russian navy. The introduction of these restrictions affected freight rates, which increased between 15-35%, depending…
A campaign to impose new sanctions against Russian gas and LNG is gaining momentum in Europe. Ten countries, including Sweden, Ireland, Poland and the three Baltic states, are calling for drastic measures that, in their opinion, should sever the last energy ties between Russia and the European Union. Although Russia’s oil and pipeline gas exports…
On Monday, the US dollar strengthened, forcing other currencies to reach multi-year lows. Its growth was supported by strong employment data, confirming the resilience of the US economy and complicating the prospects for a Fed rate cut. The dollar index, reflecting its exchange rate against a basket of currencies, reached 110.17, the highest in more…
57.3% of Greenlanders support joining the United States, 37.4% are against, according to a survey by NPO Patriot Polling. The survey was conducted during Donald Trump Jr.’s visit to Greenland, but the sample was small – only 416 participants, which casts doubt on the representativeness of the data. New US sanctions have affected 15% of…