Financial News

benzinga55d ago

Peter Lynch's Protege Calls Cramer's $60K Bitcoin Reserve Theory 'Complete Nonsense'

When Bitcoin (CRYPTO: BTC) hit the panic tape, Jim Cramer hit the TV. That's the problem.On Friday, Bitcoin slid to $60,000 — down 52% from its October peak with more than $1.2 trillion in value wiped out. Within hours, Cramer went on CNBC and urged viewers to "cover," claiming — without evidence — that Washington was about to "fill the Bitcoin Reserve" at that level. To George Noble, former aide to Peter Lynch, that wasn't analysis. It was theater.What Cramer Said Vs. What's RealCramer offered no source, no document, no data — just "I heard." Noble countered with facts. Treasury Secretary Scott Bessent testified on Feb. 5 that the ...Full story available on Benzinga.com

#CRYPTO

citizentribune55d ago

US stocks hover near records as yields fall after a discouraging report on US shoppers

Stocks are hovering near records in mixed trading on Wall Street. The S&P 500 fell 0.1% Tuesday after drifting earlier between modest gains and losses. At one point, it was sitting just above its all-time high set a couple weeks...

#STOCKS#CRYPTO

bitcoinworld55d ago

EUR/USD Trims Losses: The Greenback’s Stunning Retreat After Weak Retail Sales Data

BitcoinWorldEUR/USD Trims Losses: The Greenback’s Stunning Retreat After Weak Retail Sales DataLONDON, April 15, 2025 – The EUR/USD currency pair staged a notable recovery in Tuesday’s trading session, decisively trimming its earlier losses. This rebound followed the release of unexpectedly weak U.S. Retail Sales data, which applied immediate and significant pressure on the U.S. Dollar, commonly referred to as the Greenback. Consequently, market participants swiftly recalibrated [...]This post EUR/USD Trims Losses: The Greenback’s Stunning Retreat After Weak Retail Sales Data first appeared on BitcoinWorld.

#FOREX

bitcoinworld55d ago

GBP/USD Plummets Below 1.3700: Weak US Data Collides with UK Political Turmoil

BitcoinWorldGBP/USD Plummets Below 1.3700: Weak US Data Collides with UK Political TurmoilLONDON, March 2025 – The GBP/USD currency pair experienced a significant decline today, dropping below the critical 1.3700 psychological level for the first time in three weeks. This movement represents a notable shift in forex market sentiment, driven by a confluence of weak US economic indicators and mounting political uncertainty in the United Kingdom. Consequently, [...]This post GBP/USD Plummets Below 1.3700: Weak US Data Collides with UK Political Turmoil first appeared on BitcoinWorld.

#FOREX

bitcoinworld55d ago

Gold Price Forecast: XAU/USD Surges Toward $5,000 Milestone on Tuesday

BitcoinWorldGold Price Forecast: XAU/USD Surges Toward $5,000 Milestone on TuesdayGlobal financial markets witnessed a historic moment on Tuesday, as the spot gold price, quoted as XAU/USD, tested the psychologically significant $5,000 per ounce level. This remarkable movement in the precious metals market reflects a complex interplay of macroeconomic forces, shifting investor sentiment, and long-term structural changes in the global economy. Consequently, analysts are scrutinizing [...]This post Gold Price Forecast: XAU/USD Surges Toward $5,000 Milestone on Tuesday first appeared on BitcoinWorld.

#FOREX

hellenicshippingnews55d ago

Armada Technologies signs order with TUI Cruises for installation of air lubrication system

Armada Technologies, a provider of next-generation air lubrication systems (ALS), has signed an agreement with TUI Cruises to install its Passive Air Lubrication System (PALS) on the cruise ship Mein Schiff 6. TUI Cruises is a joint venture of Hanover, Germany-based TUI Group and Miami, US-based Royal Caribbean Group. Mein Schiff 6 was built in ...

#TECH

hellenicshippingnews55d ago

Everllence: Common-Rail Technology Passes 20 Million Operating Hours

Everllence has announced that its medium-speed, common-rail technology has passed a cumulative total of 20 million operating hours. The new milestone has been reached over two generations of common rail: the original CR1.6 from 2004, and CR2.2 that was introduced to the market in 2024. Michael Filous – Senior Vice President and Head of PrimeServ ...

#TECH

technext2455d ago

The winners and losers of Kenya Central Bank’s 8.75% rate slash

Kenya’s Central Bank Rate (CBR) reduction to 8.75% marks a significant shift in the monetary policy environment, with...The post The winners and losers of Kenya Central Bank’s 8.75% rate slash first appeared on Technext.

#ECONOMY

chroniclelive_co_uk55d ago

North East Ambulance Service introducing white emergency vehicles to save money

The switch to white ambulances means that NEAS can receive its much-needed new vehicles two months sooner

#TECH

business-standard55d ago

AI delivering real-world scientific outcomes: DeepMind V-P Pushmeet Kohli

Google DeepMind's Pushmeet Kohli discusses AI's role in science, India's place in global research, and DeepMind's footprint in the country

#TECH

hellenicshippingnews55d ago

Bilbao PortLab hosts the final demonstration of two innovation projects of the Ports 4.0 programme

Bilbao PortLab, the innovation hub of the Port of Bilbao, has hosted the final demonstration of two projects approved under the pre-commercial programme of the Ports 4.0 call for proposals of Puertos del Estado / The State Ports Authority. In doing so, the port further consolidates its role as a real-world environment for validating innovative ...

#TECH

hellenicshippingnews55d ago

APEC host China eyes more cooperation

As a leader in regional cooperation, a champion of multilateralism and a key driver of the global economy, China’s role as the host of the 33rd Asia-Pacific Economic Cooperation Economic Leaders’ Meeting holds significance that extends well beyond the organization itself and reaches far beyond the Asia-Pacific region, a senior Chinese official has said. Vice-Foreign ...

#ECONOMY