• Jan 02, 2025

Cardano’s ADA Zooms Above $1 as Bitcoin Remains Rangebound

ADA’s bump came on no immediate catalyst, but the protocol is set to see several fundamental developments in the coming months.

• Jan 02, 2025

European Gas Set for Weekly Gain as Supply Risks Rattle Market

(Bloomberg) -- European natural gas prices are poised for a weekly gain as the market grapples with depleting stockpiles and tighter supplies after the loss of Russian flows via Ukraine.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned-Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or BusBenchma

• Jan 02, 2025

BlackRock’s Bitcoin ETF Records Its Largest Outflow

BlackRock's IBIT started the new year on a rough note, losing millions in net outflows on Thursday.

• Jan 02, 2025

Morning Bid: As stocks waver, dollar remains the surest bet

While stock markets shrugged off the dim start to 2025, the higher-for-longer U.S. rates theme has left the dollar's dominance intact, leaving the euro and sterling near multi-month lows. Beyond the worries of the U.S. central bank's measured rate cut path for 2025, investors are also grappling with how President-elect Donald Trump's policies will play out regarding inflation, growth and tariffs. European stock markets are set for a mellow open after Asian equities ended the week on a high, buoyed by South Korean shares.

• Jan 02, 2025

Nvidia gained $2 trillion in its stellar 2024 rally. Here's what Wall Street sees for the chip titan this year.

Nvidia stock could surge another 27%, thanks to a major catalyst coming in early January, according to Citi.

• Jan 02, 2025

Peter Thiel's Bubble Theory Gains Relevance As Bitcoin Hovers Around $95K: 'Extremely Hard To Define'

As Bitcoin (CRYPTO: BTC) trades near $95,000, PayPal Holdings Inc. co-founder Peter Thiel‘s framework for identifying market bubbles offers crypto investors a timely analytical tool, drawing parallels between historical manias and current market ...

• Jan 02, 2025

Tesla enters new year with laundry list of promises to fulfill after shocking market with its first-ever annual sales decline

Elon Musk's carmaker enjoyed an epic bull run since Trump's election—now he needs to prove he can in fact deliver on his 2025 milestone targets.

• Jan 02, 2025

Reserves at Fed Sink Below $3 Trillion to the Lowest Since 2020

(Bloomberg) -- The US banking system’s reserves, a key factor in the Federal Reserve’s decision to keep shrinking its balance sheet, tumbled below $3 trillion to the lowest since October 2020.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned-Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or BusB

• Jan 02, 2025

Chinese stocks just had their worst start to the year in nearly a decade as economic woes persist

The CSI 300 index fell 2.9% on the first trading session of 2025, as investors see more economic trouble ahead in 2025.

• Jan 02, 2025

IRS And Treasury Impose New Tax Rules For Crypto DeFi Platforms

The IRS and U.S. Treasury have finalized a controversial new rule requiring DeFi platforms to implement KYC procedures and report user transactions, treating them as traditional brokers. Effective by 2027, these regulations have sparked backlash for potentially overreaching legal authority, threatening privacy, and risking innovation in the decentralized finance space.