The U.S. economy contracted for the first time in three years during the opening quarter of 2025, as a surge in imports and rising prices disrupted momentum, signaling fresh uncertainty amid growing trade tensions. According to the Bureau of Economic Analysis, the gross domestic product (GDP) declined at an annualized rate of 0.3% in Q1…
In a bold move aligning with surging user demand, Bunq, the second-largest neobank in the European Union, has officially entered the crypto trading space. The Dutch-based digital bank has teamed up with U.S. crypto exchange Kraken to launch Bunq Crypto, a new feature that allows users to trade over 300 cryptocurrencies — including heavyweights like…
Germany’s economy managed to sidestep a recession in the first quarter of the year, buoyed by a rebound in consumer spending and increased investment. According to preliminary data released Wednesday by the federal statistics office, Germany’s GDP rose by 0.2% compared to the previous quarter, aligning with economists’ expectations. This slight uptick follows a 0.2%…
Stock markets in Asia opened the midweek trading session on a muted note, struggling to mirror Wall Street’s recent rally. The lackluster start came as fresh economic data revealed that China’s manufacturing sector contracted in April at its sharpest pace in nearly two years—a clear signal that the ripple effects of the ongoing US-China trade…
The UK government has released its long-anticipated draft legislation to regulate cryptocurrencies such as Bitcoin and Ethereum, signaling a major step toward integrating digital assets into the country’s formal financial system. In a statement issued Tuesday, the UK finance ministry said the proposed rules aim to bring crypto exchanges, brokers, and service providers into the…
Crude oil prices continued their downward trend on Tuesday, pressured by growing fears that the ongoing trade war between the United States and China could dampen global economic growth and energy demand. As of 06:35 GMT, Brent crude futures fell by 51 cents, or 0.8%, to $65.35 per barrel, while U.S. West Texas Intermediate (WTI)…
MicroStrategy has once again made headlines in the cryptocurrency world with another massive Bitcoin purchase. On Monday, the company revealed through a Form 8-K filing with the Securities and Exchange Commission (SEC) that it had acquired an additional 15,355 Bitcoins between April 21 and Sunday. This latest investment totaled approximately $1.42 billion, with each Bitcoin…
U.S. stock index futures slipped lower on Monday as investors braced for a pivotal week packed with critical economic data, major corporate earnings, and ongoing developments in the Trump administration’s trade policies. Despite last week’s gains across major indexes, uncertainty continues to cloud market sentiment. According to Reuters, the Dow Jones, S&P 500, and Nasdaq…
Asian markets made slight gains on Monday as investors grappled with lingering uncertainty over U.S. trade policies and braced for a heavy week filled with major economic data releases and corporate earnings. Meanwhile, the dollar fluctuated without clear direction, reflecting the cautious sentiment across global markets. Despite U.S. President Donald Trump’s recent claims of progress…
Solana (SOL) is back in the spotlight after breaking a crucial resistance level, fueled by a surge in meme coins and a record-breaking stablecoin market cap within its ecosystem. On Saturday, Solana climbed to $153 — its highest price since March 3 — marking an impressive 60% rebound from its lowest point this year. With…
