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Bitcoin (BTC) passed $88,000 after the March 25 Wall Street open as risk assets stayed highly sensitive to US trade tariffs.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBTC price gains anticipate classic April comeback Data from Cointelegraph Markets Pro and TradingView showed BTC/USD tightly clinging to the daily open.US stocks opened modestly higher, building on a comeback that provided traders some long-awaited cause for optimism.A key ingredient in stemming the risk-asset rout were cues from the US government and President Donald Trump over their planned round of trade tariffs set to begin on April 2. “Risk assets staged one of their strongest sessions of…
While Tesla CEO Elon Musk ‘s foray into politics has driven focus on the company in recent months, Piper Sandler sees a different culprit hurting the business: wait times. Analyst Alexander Potter described the angst around Musk’s political activities as likely “overdone” in a note to clients published Monday. Instead, he said the expected decline in deliveries seen in the first quarter can be chalked up to a spike in wait times for the Model Y. “It would be naive to claim that Elon Musk’s behavior is having no impact on demand. All else equal, Musk’s political endeavors are probably…
Services index -4 vs +11 last month Manufacturing shipments -7 vs +12 last monthOther details:Employment -1 vs 9 last monthWages 19 vs 21 last monthPrices paid 3.75 vs 2.23 last monthPrices received 2.34 vs 1.62 last monthNew orders -4 vs 0 last monthBacklog of orders -1 vs -6 last monthCapacity utilization -11 vs -6 last monthCapital expenditures -7 vs -1 last monthServices expenditure -18 vs -6 last monthFinished goods inventories 3 vs 5 last monthRaw materials inventory 8 vs 17 last monthEquipment and software spending -1 vs 1 last month This article was written by Giuseppe Dellamotta at www.forexlive.com. ADVERTISEMENT:…
Key Takeaways:Binance Alpha 2.0 has launched successfully with a trading volume of over $100 million in the first week.Most of the trading is being executed by the top few traders, showing that the platform is a magnet for seasoned users.By integrating DEX trading directly into the Binance Exchange, the platform is more user-friendly for buying tokens.A reimagined trading platform for Binance, dubbed Alpha 2.0, has hit the crypto arena with a powerful bang. The platform already has crossed a massive $103 million in total trading volume from over 83,700 trades just a week after it went live.Binance Alpha 2.0 Surges…
Financial giant BlackRock is launching its Bitcoin exchange-traded product (ETP) in Europe. The move comes after the success of BTC ETPs in US, which solely built a $48 billion crypto business. BREAKING: BLACKROCK BITCOIN ETPS IN EUROPE ARE LAUNCHING TODAY THIS IS MASSIVE!! pic.twitter.com/t2bnqPPwXr — Crypto Rover (@rovercrc) March 25, 2025 A Bloomberg report dated 25 March 2025 revealed that the iShares Bitcoin ETP will list on Xetra and Euronext Paris under the ticker IB1T and on Euronext Amsterdam under BTCN. With this, the expanding European investor base will have access to BlackRock’s successful Bitcoin ETP model. Commenting on BlackRock’s…
consumer confidencePrior was 98.3 (revised to 100.1)Present Situation Index 134.5 vs. 136.5 priorExpectations Index 65.2 vs 72.9 prior 12-month inflation expectations 6.2% vs 5.8% priorJobs hard-to-get at 15.7 vs 16.0 priorThis is a better indicator than the UMich survey but I think most of the market is at the point where they want to see signs of softening in the hard data rather than this.That said, this is the fourth straight month of declines and goes back to January 2021, when the pandemic was still biting hard.This is a better indicator than the UMich survey but I think most of…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. After a brief yet necessary cooldown, BNB is back in action, regaining bullish momentum and resuming its uptrend. The recent pullback provided a much-needed reset, allowing buyers to step in near the $605 support level and strengthen the foundation…
US derivatives exchange operator CME Group is piloting solutions for tokenized assets using Google Cloud Universal Ledger (GCUL), a new distributed ledger that was designed for traditional financial institutions.According to a March 25 announcement, CME has already begun integrating GCUL to improve capital market efficiency and wholesale payments. CME Group chairman and CEO Terry Duffy said GCUL could “deliver significant efficiencies for collateral, margin, settlement and fee payments as the world moves toward 24/7 trading.”The announcement did not provide specific details about which assets would be tokenized. CME Group and Google Cloud will begin testing the technology with market participants in…
There is a move to largely ignore falling US consumer confidence as it dwindles because of political uncertainty. We’re in an era where politics and the news cycle dominates feelings rather than real indications on wages and job availability.That said, it’s been four straight months of a swan dive in US consumer confidence and that series is at the lowest since January 21. Worse yet the forward expectations measure is at the lowest in 12 years.It takes a strong will to lean against that, especially as we near the April 2 Trump tariff date and a constant stream of headlines…
A new Bitcoin move came from the world’s largest asset management company, BlackRock.According to Bloomberg, global giant BlackRock announced that it has launched a Bitcoin ETP in Europe.The new product, iShares Bitcoin ETP, will be listed and offered for sale on Germany’s Xetra Exchange and Paris Euronext under the ticker IBIT, and on Amsterdam Euronext under the ticker BTCN on March 25.Bitcoin ETP will temporarily impose a 10 basis point exemption fee, which will be reduced to 0.15% by the end of 2025.BlackRock said cryptocurrency exchange Coinbase is the custodian.BlackRock’s Bitcoin ETP is the first crypto ETP outside of North…