CLS Global, a UAE-based financial services firm, has been fined $428,059 after admitting to wash trading in U.S. cryptocurrency markets.
Trump's New Tariffs Shake Global Markets, Bitcoin and Solana See Major Declines
President Donald Trump’s recent announcement of new tariffs has sent ripples through global markets, affecting everything from traditional stocks to digital assets.
Oil prices are crashing after tariffs and OPEC deliver a double whammy to energy markets
As President Donald Trump's latest tariffs weigh on growth outlooks, OPEC+ members unveiled plans for an output boost that outpaced expectations.
S&P 500 loses $5 trillion in two days in Trump tariff selloff
NEW YORK (Reuters) -Global stock markets extended their recent rout on Friday, with S&P 500 companies wiping out $5 trillion in stock market value since U.S. President Donald Trump unveiled sweeping tariffs on Wednesday, while investors fled to the safety of government bonds. The Nasdaq confirmed it was in a bear market, ending more than 20% below its record high close, while oil prices and other commodities plunged. That $5-trillion loss marked a record two-day decline for the S&P 500 benchmark, exceeding a two-day loss of $3.3 trillion in March 2020 when the pandemic ripped across global markets, according to LSEG data compiled by Reuters.
BlackRock’s Bitcoin ETF is driving retail adoption — but is that enough?
BlackRock’s Bitcoin ETF is helping retail investors enter crypto — but true adoption still needs more than just buying and holding.
Veteran analyst predicts Bitcoin could reach $250,000 in 2025
Arthur Hayes predicts BTC could reach $250,000 by 2025 if the Fed shifts to quantitative easing, increasing fiat supply.
Trump says things are 'going very well' after worst stock market drop in years over tariffs
President Donald Trump offered a rosy assessment after the stock market dropped sharply Thursday over his tariffs, saying, “I think it's going very well.” “The markets are going to boom, the stock is going to boom, the country is going to boom,” he said when asked about the market as he left the White House to fly to one of his Florida golf clubs. The Dow Jones Industrial Average dropped more than 1,600 points on Thursday as U.S. stocks led a worldwide selloff after the Republican president's announcement of tariffs against much of the world ignited a shock like none seen since the COVID-19 pandemic.
US added 228,000 jobs in March as economy showed strength in buildup to Trump trade wars
U.S. employers added a surprising 228,000 jobs last month, showing that the American labor market was in solid shape as President Donald Trump embarked on a risky trade war with the rest of the world. The unemployment rate ticked up to 4.2%. The hiring numbers were up from 117,000 in February and were nearly double the 130,000 that economists had expected.
Stocks of McDonald's and other fast food giants pop as reciprocal tariffs sink the wider market
Fast food restaurants have been mostly spared from the impact of Trump's tariffs.
AppLovin bids for TikTok in all markets outside of China
(Reuters) -Marketing platform AppLovin said on Thursday it has submitted a bid for TikTok assets outside of China, ahead of the April 5 deadline set by the U.S. President Donald Trump to find a non-Chinese buyer for the short video app used by 170 million Americans. AppLovin said in a regulatory filing that its proposal for TikTok is preliminary and there can be no assurance that a transaction will proceed. Bidders for the short video social media company are piling up, as the weekend deadline for TikTok to find a buyer approaches.