The crypto market crash resumed last week as Bitcoin and most altcoins plunged by double digits. Bitcoin remains below the key support at $90,000, while Ethereum has dropped to $3,000. Other tokens like Cardano, Shiba Inu, and Dogecoin have also plummeted by double digits. Crypto market crash could stall in case of a more dovish
Robinhood Markets (NASDAQ: HOOD) is betting big on prediction markets – and it seems to be paying off. November marked the firm’s strongest month yet, with over 3 billion contracts traded. According to Vladimir Tenev, chief executive of Robinhood, however, the real breakthrough isn’t the trading activity – it’s how prediction markets are emerging as
Kepler Cheuvreux head of economics and cross asset strategy, Arnaud Girod, recommends gaining or growing exposure to healthcare stocks if you’re concerned about an AI bubble popping in 2026. Experts, including the “Big Short” investor Michael Burry, have sounded the alarm on valuations turning overly stretched for artificial intelligence stocks in recent months. But healthcare
The fight over the next chair of the Federal Reserve has drifted out of the financial pages and into everyday conversation. And in recent days, one man’s name keeps surfacing. Kevin Hassett. Kevin used to be a background character in US politics, and now he is being discussed as the person who could control the
Mexico’s peso is expected to remain within the same mid-range band that has defined its behaviour for nearly a decade, according to a recent Reuters poll. Since July 2015, the currency has traded between 16.00 and 22.00 per US dollar, averaging around 19.20 at the midpoint and breaching the upper boundary only once, during the
Gold and silver prices fell on Tuesday as investors booked profits after a surge in the precious metals in the previous sessions. Oil prices eased slightly as concerns over oversupply intensified. Investors also booked profits after prices had hit a near two-week high on Monday. Base metals were largely flat from their previous close, with
The container shipping industry is bracing for a pivotal shift next year, with the anticipated return of vessels to the Red Sea route—a move that is expected to trigger a wave of congestion at European ports, quickly followed by intensifying pressure on shipping rates. “Container lines deciding to navigate back to the Red Sea is
Hopes for a potential peace plan in Ukraine have sent shockwaves through the energy market this week, causing the gasoil crack spread to plummet to $25 per ton from $35 per ton in a matter of days. A peace deal could lead to the easing of current sanctions imposed on Russia. Should such a de-escalation
Gold prices rose to a two-week high and were on track for a fourth consecutive monthly high on rising bets that the US Federal Reserve will cut interest rates next month. Meanwhile, silver prices have outperformed gold this week, with the metal on COMEX hitting a new record high on Friday. The metal has spiked
Global investment in geothermal energy is set to soar, with capital expenditure (capex) projected to climb by approximately 20% annually through 2030, according to the latest analysis from Rystad Energy. The growing momentum in geothermal energy, which harnesses heat from the earth’s depths, is expanding its reach beyond established centers in Southeast Asia and the