A combination of factors ranging from a stronger US Dollar to the sell-off on Wall Street could be attributed to the pressure seen on Gold prices on Tuesday.
BitcoinWorldBitGo Crypto-as-a-Service Revolutionizes European Finance with Seamless Regulatory IntegrationLUXEMBOURG, March 2025 – Cryptocurrency infrastructure leader BitGo has fundamentally transformed Europe’s financial landscape through its official launch of Crypto-as-a-Service (CaaS) across the entire European Economic Area. This strategic expansion enables European fintech companies and traditional banking institutions to legally offer comprehensive cryptocurrency services to their customers. Consequently, these organizations can now bypass the need [...]This post BitGo Crypto-as-a-Service Revolutionizes European Finance with Seamless Regulatory Integration first appeared on BitcoinWorld.
Australia’s share market has been smashed in the opening minutes of trade this morning, led by a rout in mining stocks.
Turbulence is building under the Gold Dome with Atlanta's airport at the center of a tax fight.
Tuesday was a bruising day for gold but let's try to keep it in perspective. It was caught up in a 'sell everything' deleveraging market as all the weak hands regarding the Iran war got shaken out.In all likelihood, this will go just as the US expects, with a 4-5 week bombing campaign that's a massive setback to arms and operations in Iran. The might of the US military can't be underestimated and their ability to target anything and deliver overwhelming force is unmatched in history. This is also a US-Israeli regime that's not exactly tethered to the idea of avoiding collateral damage so the damage to Iran is going to massive.On the flipside, Iran is launching waves of drone strikes and having some success. The idea of them targeting the Strait of Hormuz and Gulf oil infrastructure clearly rattled the market today. The US pledge to escort ships through the Strait of Hormuz took the sting out of the oil market but prices remain much higher than pre-attack levels -- and even more if you include the $5-7 pre-war premium.Ultimately, war and uncertainty are good for gold even if we've seen some deleraging today; and that's what I think happened today. All exposure was trimmed back and there is plenty of leverged, new money in precious metals. That was thinned out like it was in many asset classes and gold fell to just below $5000 when betters re-appeared.Since then, the price action has improved and gold is up to $5121, including $40 in the past half-hour. Asia was on the bid for most of yesterday before the selling started in Europe. That suggests a different level of risk tolerance or stronger hands. I wouldn't expect a runaway bounce until there is a better risk mood but my eyes are on $5150 and the possibility of a bigger bounce from there.If you look since the US morning, there are now three higher lows on that chart and now we just need a higher high. This article was written by Adam Button at investinglive.com.
Shares of Credo Technology (Nasdaq: CRDO), Lumentum (Nasdaq: LITE), and Applied Optoelectronics (Nasdaq: AAOI) were hammered Tuesday, with CRDO down 15%, LITE off 11%, and AAOI sliding 7% as investors rushed for the exits after a massive sector-wide surge yesterday. Yesterday’s Win Becomes Today’s Exit The optics sector exploded higher on March 2nd after NVIDIA ... Credo Drops 15%, Lumentum 11%, and AAOI 7% In Optics Sell OffThe post Credo Drops 15%, Lumentum 11%, and AAOI 7% In Optics Sell Off appeared first on 24/7 Wall St..
BitcoinWorldTrump’s Urgent Crypto Bill Push: CLARITY Act Faces Banking Resistance as China Threat LoomsWASHINGTON, D.C., March 2025 – Former President Donald Trump has issued a forceful call for Congress to pass the crucial CLARITY Act, a comprehensive cryptocurrency market structure bill that faces significant banking industry opposition. In a recent Truth Social post, Trump framed the legislation as essential for preventing the United States from losing its competitive [...]This post Trump’s Urgent Crypto Bill Push: CLARITY Act Faces Banking Resistance as China Threat Looms first appeared on BitcoinWorld.
Bitcoin reacts to Iran tensions as Financial Markets swing, Oil Prices jump, and Inflation fears reshape global investor sentiment in 2026.
BitcoinWorldNZD/USD Price Forecast: Critical Bearish Shift Looms After Failed 200-DMA DefenseWellington, New Zealand – March 2025: The NZD/USD currency pair faces mounting bearish pressure this week after decisively testing and failing to hold above its critical 200-day moving average. This technical development signals a potential trend reversal that demands careful analysis from forex traders and market observers. Consequently, understanding the confluence of technical indicators and [...]This post NZD/USD Price Forecast: Critical Bearish Shift Looms After Failed 200-DMA Defense first appeared on BitcoinWorld.
Medical imaging spin-off RAYDIAX has secured €7.5 million to take its therapy-assistance CT scanner “TACT” into first-in-human studies...
Priced from £32,000, the Omoda 7 is offering a lot of size, tech and electrification for its cost