Financial News

google118d ago

Here's why Bitcoin dropped sharply back under US$65K. No, its not a tariff tumble! - investingLive

Here's why Bitcoin dropped sharply back under US$65K. No, its not a tariff tumble! investingLiveBitcoin falls as much as 5% as Trump tariff moves raise uncertainty CNBCBitcoin Falls Below $65,000 in Latest Bout of Tariff Uncertainty Bloomberg.comBitcoin and Ethereum are off to their worst start of the year in a decade—but some see a rebound in sight FortuneBitcoin sinks below $65,000 as macro shocks rattle fragile market: analysts The Block

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nbr118d ago

David Mair halves holding in Skellerup

A note to the stock market this afternoon shows the Skellerup director and former CEO sold half of his shares last week for $9.9 million.

#STOCKS

nairobiwire118d ago

Billions of dollars flowed into spot ETFs; XRP price to rise 100% – becoming the best investment return in 2026.

Recently, US President Donald Trump’s policy statements and supportive moves have drawn strong market attention to XRP. Market sources indicate that several XRP spot ETFs are seeing billions of dollars in inflows, a trend widely seen as a significant factor driving a short-term price increase for XRP. Analysts predict that with continued capital inflows, XRP prices could rise by 100%, making it a potentially top investment return target in 2026. Inflows into spot ETFs strengthen market expectations The launch of the XRP spot ETF provides institutional investors with a compliant and convenient channel to invest in digital assets. With billionsThe post Billions of dollars flowed into spot ETFs; XRP price to rise 100% – becoming the best investment return in 2026. appeared first on Nairobi Wire.

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business-standard118d ago

Risk-off wave jolts crypto after Trump's tariff move; Bitcoin slips to $64K

The sell-off in crypto markets, analysts said, was driven by global risk-off sentiment following Trump's tariff announcement

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benzinga118d ago

Trump Tariffs Have Been Outlawed, But Crypto Punters Don't See Clear Path To Refunds — Here's Why

Cryptocurrency bettors see only a small chance that the Trump administration will be forced to refund U.S. importers, even though the Supreme Court struck down the emergency-law tariffs.Polymarket Crowd Not Convinced YetPolymarket odds tumbled to 18% as of this writing, down from 39% on Friday. Just over $145,000 has been wagered on the outcome. It will resolve to "Yes" if previously collected tariffs are repaid in any form, such as direct payments, credits, or offsets from U.S. Customs and Border Protection or the U.S. Treasury, by June 30.Polymarket, based on Polygon (CRYPTO: POL), allows users to buy “Yes” and “No” shares in USDC Full story available on Benzinga.com

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economictimes_indiatimes118d ago

Bitcoin slips below $65,000 after Trump announces plan to raise global tariffs

Global cryptocurrency markets experienced a sharp decline in early Asian trading on Monday, February 23, with Bitcoin falling over 5% to below $65,000. This downturn followed US President Donald Trump's announcement of plans to raise global tariffs to 15%, despite assurances from US officials regarding existing trade agreements. The sell-off impacted the broader crypto market, with Ether also dropping significantly.

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news_bitcoin118d ago

Warren Presses Fed and Treasury to Block Crypto Bailouts After $2T Collapse

Elizabeth Warren is pressing U.S. financial regulators to rule out any taxpayer-funded rescue of cryptocurrency billionaires as $2 trillion collapse fuels fears of federal intervention in digital asset markets. Warren Demands No Bailout for Bitcoin Billionaires Concerns about potential federal intervention in cryptocurrency markets intensified as U.S. Senator Elizabeth Warren on Feb. 18 urged Treasury [...]

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pakistantoday118d ago

How crypto is banking the unbanked in Pakistan

A young worker in the Gulf sends money home. A freelancer waits on an overseas payment. A student in a small town tops up mobile data and pays a bill through an agent because a bank branch feels distant, slow or intimidating. For millions of underbanked and unbanked Pakistanis, the question is less about new [...]The post How crypto is banking the unbanked in Pakistan appeared first on Profit by Pakistan Today.

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bitcoinworld118d ago

South Korean Police Enact Crucial New Guidelines After Devastating Bitcoin Seizure Loss

BitcoinWorldSouth Korean Police Enact Crucial New Guidelines After Devastating Bitcoin Seizure LossSEOUL, South Korea – In a significant development for digital asset enforcement, South Korean police authorities announced plans to establish comprehensive new management guidelines for seized cryptocurrency. This decisive action follows a troubling incident where the Seoul Gangnam Police Station lost 22 Bitcoin it had secured during a criminal investigation. The case highlights growing challenges [...]This post South Korean Police Enact Crucial New Guidelines After Devastating Bitcoin Seizure Loss first appeared on BitcoinWorld.

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bitcoinworld118d ago

NZD/USD Defies Gravity Near 0.6000 as New Zealand’s Q4 Retail Sales Show Remarkable Resilience

BitcoinWorldNZD/USD Defies Gravity Near 0.6000 as New Zealand’s Q4 Retail Sales Show Remarkable ResilienceWELLINGTON, New Zealand – February 20, 2025 – The NZD/USD currency pair demonstrates notable strength, trading firmly near the psychologically significant 0.6000 level following Statistics New Zealand’s release of better-than-expected fourth-quarter retail sales data. This development occurs against a complex global economic backdrop, providing crucial insights into New Zealand’s domestic economic health and its implications [...]This post NZD/USD Defies Gravity Near 0.6000 as New Zealand’s Q4 Retail Sales Show Remarkable Resilience first appeared on BitcoinWorld.

#FOREX

malaymail118d ago

Loke: Rapid Rail peak hour frequency to be extended throughout Ramadan

KUALA LUMPUR, Feb 23 — Transport Minister Anthony Loke today said that peak hour frequency for all Rapid Rail serv...

#TECH

newsable_asianetnews118d ago

World praises India's capabilities at AI Impact Summit: PM Modi

PM Modi praised India's capabilities at the AI Impact Summit, where the New Delhi Declaration on AI Impact was adopted. Endorsed by 88 nations, it aims to leverage AI for economic growth and social good, guided by 'Welfare for all, Happiness for all'.

#TECH