Jack Dorsey says Bitcoin needs payments to scale. Rena Shah, COO of Trust Machines, disagrees. It can continue to be this asset of generational wealth or store of value against inflation, while actually being an active asset across an evolving financial ecosystem, she says.
Tech-heavy Nasdaq sinks 4.3% Thursday after Trump imposes 145% tariffs on Chinese imports
The S&P 500, and the Dow Jones Industrial Average sold off 3.46% and 2.5%, respectively Thursday.
How Bitcoin Miners Are Adjusting to the Threat of Tariffs: Blockspace
Before April 9, miners were paying upwards of $3M for chartered flights as they try to outrun the impact of Trump’s import levies. Some miners are comparing the tariffs to China’s 2021 mining ban.
A $576 Billion Stock-ETF Juggernaut Hit by Extreme Dislocations
(Bloomberg) -- One of the largest exchange-traded funds in the world was left at the widest premium to its underlying holdings since 2008 at the end of Wednesday’s historic session.Most Read from BloombergMidtown Office Building Evacuated on Concerns of Wall CollapseIn Chicago, a Former Steel Mill Looks to Make a Quantum LeapThe Secret Formula for Faster TrainsHelicopter Crashes Into Hudson River With Multiple FatalitiesInside the Quiet, Extravagant Expansion of the Frick CollectionIn another si
TD SYNNEX, Vimeo, APi, Gorman-Rupp, and HNI Stocks Trade Down, What You Need To Know
A number of stocks fell in the afternoon session after stocks gave back some of the gains from the previous day as the White House clarified the tariffs on imports from China would add up to 145%, while the baseline 10% tariffs remained in place for most countries. This reminded markets that the global trade environment remained volatile, limiting the potential for sustained gains.
Omnicell, Royalty Pharma, EXL, IMAX, and OPENLANE Stocks Trade Down, What You Need To Know
A number of stocks fell in the afternoon session after stocks gave back some of the gains from the previous day as the White House clarified the tariffs on imports from China would add up to 145%, while the baseline 10% tariffs remained in place for all countries. This reminded markets that the global trade environment remained volatile, limiting the potential for sustained gains.
Trading Day: Market nurses huge hangover as tariff reality sets in
Stocks sank and demand for 'safe-haven' assets exploded - gold leaped 3% to a new high and the Swiss franc had one of its best days ever. Maybe U.S. President Donald Trump's tariff truce on Wednesday wasn't as conciliatory as it first seemed. Global investors hunker down for volatility even astariff pause is welcomed 3.
Bitcoin Life Insurance Firm Meanwhile Raises $40M to Expand Globally
With the investment led by Fulgur Ventures and Framework, the firm plans to scale its bitcoin-denominated life insurance and annuity products designed to combat inflation risk.
Wall Street plunges after China hit with 145pc tariff
Stock markets plunged again on Thursday as the White House confirmed China will be hit with 145 per cent tariffs.
Wall Street is seeing right through the Trump 2.0 spin
So, what happens now that President Donald Trump has art-of-the-dealed his way out of his own centerpiece economic initiative because it nearly broke financial markets?