Author: admin

The U.S. dollar has been the international reserve currency since the end of World War II. Could that be changing? BlackRock CEO Larry Fink, along with several crypto experts, believe there’s a chance it could. Not immediately, but someday. Maybe. “It is very unlikely in the short term,” said CK Zheng, co-founder and CIO of ZX Squared Capital. “But in the long run, the possibility is increasing.” Check Out: 13 Cheap Cryptocurrencies With the Highest Potential Upside for You Read Next: These 10 Used Cars Will Last Longer Than an Average New Vehicle The dollar’s relative stability has made it…

WASHINGTON, DC – JANUARY 31: Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary … More Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. The committee heard testimony from the heads of the largest tech firms on the dangers of child sexual exploitation on social media. (Photo by Alex Wong/Getty Images)Getty Images Meta’s antitrust case could result in the company divesting Instagram from its social media platforms. Despite Meta CEO Mark Zuckerberg’s efforts to lobby the Trump administration, the Facebook parent company’s case against the Federal Trade Commission appears weak to me. The…

Some investors think that the market dip that followed Liberation Day presented a great opportunity … More to buy stocks on the cheap. Recent history supports that view, but if a recession comes that strategy is not likely to pay off.getty For the past couple of years market participants have learned that whenever the market dropped, it would come roaring back. The lesson seemed clear: Any sign of weakness was temporary and presented a buying opportunity. While that rule didn’t work very well in 2022, it has generally held true since the 2008 Financial Crisis. Even the market crash caused…

Tariffs have been the most important news story so far this year. The president has caused investors a lot of uncertainty with rapid-fire announcements affecting global trade and the flow of capital. The market has responded with extreme volatility. Investors can try to identify stocks that will successfully navigate the turmoil. Or they could simply adopt a wait-and-see approach. However, maybe it’s time to consider a different asset class altogether. There’s at least one billionaire out there who believes one cryptocurrency has more than 15,000% upside from its price on April 12. Is it time to buy? There are people…

Bitcoin (BTC) and other major tokens lost more than 3% as Tuesday’s rally was met with profit-taking during Asian morning hours Wednesday — in line with expectations. Overall crypto market capitalization fell 3.3% in the past 24 hours, with BTC sliding to nearly $83,500 from a high above $84,200 a day earlier. Ether (ETH) and Cardano’s ADA fell as much as 5% to lead losses among majors. XRP showed steady declines, with price action suggesting a plunge in the coming days. Fundamentals showed a positive bump, however, with exchange-traded fund (ETF) provider ProShares amending its spot XRP ETF (to be…

Consumer debt is rising, and now credit scores have declined.The national average FICO credit score dropped to 715 from 717, according to a recent report from FICO, developer of one of the scores most widely used by lenders. FICO scores range between 300 and 850.Amid high interest rates and rising debt loads, the share of consumers who fell behind on their payments jumped over the past year, FICO found. Also, the resumption of federal student loan delinquency reporting on consumers’ credit was a significant contributing factor, the report said.”Those are now being reported for the first time since March 2020,”…

Bitcoin (BTC) and major cryptocurrencies fell over 3% as profit-taking followed Tuesday’s rally. Overall crypto market capitalization fell 3.3% in the past 24 hours, with BTC sliding to nearly $83,500 from a high above $84,200 a day earlier. Ether (ETH) and Cardano’s ADA fell as much as 5% to lead losses among majors. The cryptocurrency market added 8% over 7 days, stabilising at the $2.7 trillion level since Saturday. FxPro’s Alex Kuptsikevich says a move higher could bolster hopes for further gains, but these expectations will “only be confirmed after a solid consolidation above the 200-day moving average, which is…

Dogecoin (CRYPTO: DOGE) was created as a joke by two friends in 2013. Cryptocurrency was becoming very serious back then with the rise of Bitcoin, and they wanted to lighten the mood. The Doge meme was sweeping the internet at the time, and they used it as inspiration to launch Dogecoin. It went on to become one of the world’s most valuable cryptocurrencies in 2021 when its market capitalization topped $90 billion, helped by influential figures like Elon Musk who started promoting it online. But Dogecoin failed to find a real use case, and since speculative frenzies never last, the…

Los Angeles 2028 Olympic Games organisers confirmed on Tuesday that cricket — which is making its return to the Olympics for the first time in more than a century — will be held at a purpose-built venue in Pomona, just east of Los Angeles. Cricket is returning to the Olympics for the first time since the Paris Games in 1900 with a proposed six-team Twenty20 format for men and women in Los Angeles. The International Olympic Committee (IOC) had said in October 2023 that cricket’s inclusion had the potential to activate and engage new audiences, with the sport’s worldwide fan…

President Donald Trump’s announcement that the U.S. will delay imposing his tariffs for 90 days could provide a unique buying opportunity for crypto investors. Quite simply, it could be the time to load up on cryptos that will continue to perform well, even when higher tariffs go into effect this summer. Right now, I have two names on my crypto investment radar: Bitcoin (CRYPTO: BTC) and Render (CRYPTO: RENDER). Both are top 50 cryptocurrencies based on market cap, and both are up during the past 30 days, despite the tariff-induced volatility. In addition, I’m keeping my eye on one red-hot…