, an American entrepreneur and co-founder of the BitMex firm, shared his opinion on the likely rise in bitcoin's value to $200,000 as part of an interview for Yahoo Finance.
19 May
All news
Categories
According to estimates by Clyde Russell from Reuters, China's oversupply of crude oil rose to 1.89 million barrels per day in April. That surpasses the March figure of 1.74 million and marks the highest level since June 2023.
19 May
No change of the indicator value may reduce the volatility of the related markets.
19 May
Following Moody's downgrade of the US government's credit rating, there was a significant market reaction. The yield on long-term American Treasury bonds briefly surged past the critical 5% threshold, while stock prices and the dollar declined.
19 May
CoinMarketCap reports, citing a statement from CME Group, that the Chicago Mercantile Exchange (CME) plans to launch listed XRP derivatives on May 19, 2025, following regulatory approval. This move signals growing institutional investor interest in XRP.
19 May
The US-China trade deal led to a slower growth of gold prices. Still, economists expect the yellow metal to rise further. Strategists at WisdomTree think gold prices will continue to grow as a result of strong demand from central banks and Chinese investors.
19 May
Chinese billionaire Bian Ximing, who made $1.5 billion on gold deals, is now making a $1 billion bet on copper, Bloomberg reports. Bian, who owns Zhongcai Futures Co., now holds the largest net long position in copper on the Shanghai Futures Exchange.
19 May
On Friday, Moody's became the third agency after Fitch Ratings and S&P Global Ratings to strip the United States of its top credit rating. The organization cut its assessment of the United States' financial reliability from AAA to Aa1.
19 May
Pierre Wunsch, the head of the central bank of Belgium, suggests that the European regulator will probably have to cut interest rates to just under 2%, citing global trade tensions that create risks of rising inflation and a slowing economy.
19 May
Atlanta Fed President Raphael Bostic announced his expectations for a slowdown in the US economy this year, but not a recession. He also anticipates just one interest rate cut in 2025.
16 May
All news
The world of business and finance is constantly changing. What trends and directions are relevant today? The answer to this question is key to successfully navigating in a trading and investment environment and better assessing the risks involved.
Global events and economic policies
The global economy can be greatly impacted by major events, causing stock markets and exchange rates to plummet. The repercussions of one nation's crisis may extend to other countries, creating a butterfly effect with far-reaching consequences. While these events may be frightening for some, traders and investors use them as a chance to generate profits amidst a crisis.
Financial institutions and their role
Financial institutions act as intermediaries between borrowers and lenders. This group typically includes banks, as well as non-bank organizations such as pension funds, insurance companies, credit unions, and pawnshops. By supporting global trade, business growth, and job opportunities, these institutions play a crucial role in maintaining a stable and thriving economy.
Government and Economy
All governments serve as regulators for businesses, both domestically and internationally. The economic policies implemented by separate states have a significant impact on their currency exchange rates and living expenses.
Investment and Risks
Market players are always looking for tools and opportunities to make a profitable investment, which is accompanied by some risks. This is where capital management comes into play, with the goal of minimizing losses and maximizing profits
By closely monitoring worldwide events and economic strategies of the top nations, traders and investors can make well-informed decisions in the financial world
