• Dec 24, 2024

US Regains Primacy in Crypto Market on Trump Agenda, ETF Demand

(Bloomberg) -- The crypto market’s center of gravity is back in the US as 2025 approaches, courtesy of Donald Trump’s reelection to the presidency and widening demand for the nation’s digital-asset funds and derivatives contracts.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe Architects Who Built MiamiNew York’s Congestion Pricing Plan Still Faces Legal HurdlesMexico City to Boost Mobility, Security Ahead of FIFA World CupTrump’s vow to make America the l

  • Dec 23, 2024

Should You Buy Dogecoin After Its 31% Dip?

Meme token Dogecoin (CRYPTO: DOGE), for example, was sitting on an incredible year-to-date return of 414% until last Wednesday, but it has plunged by 31% in the week since. Dogecoin is heading into 2025 with the wind at its back, thanks to a more favorable regulatory environment and continued support from the world's richest person, Elon Musk. Elon Musk has been a big supporter of Dogecoin since 2021, when he regularly promoted it on social media and even during his appearance on Saturday Night Live (SNL) in May of that year.

  • Dec 23, 2024

Palm Oil Falls on Weak Malaysia Exports, Competition With Soyoil

(Bloomberg) -- Palm oil fell on concerns about weak Malaysian exports and stiff competition from its main substitute, soybean oil.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayOverseas shipments from Malaysia were 8.3% lower during the first 20 days of December from a month earlier, according to data from cargo surveyor Intertek Testing Services. Exports to India, the biggest buyer, slid almost 22%. Demand tends to drop during winter because it solidifies at

  • Dec 23, 2024

Japan Rolls Out More Yen Warnings as Market Liquidity Thins

(Bloomberg) -- Japan rolled out more warnings against speculative yen movements as the currency continues to show weakness ahead of two potentially market-moving central bank events this week.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife Crisis“I’m dee