March 15, 2025

currency markets

Crypto

Bitcoin Price Jumps. It Signals a Trump Victory Could Boost Cryptos.

The Bitcoin price was surging in early-morning trading on Monday as markets reacted to the assassination attempt on former U.S. President Donald Trump. The token, which is the largest cryptocurrency in terms of market capitalization, was up 5% over 24 hours to $62,903. Excitement about the launch of several exchange-traded funds helped bitcoin hit a record high

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Finance

Prabowo’s free-meal plan stirs investor fears about Indonesia’s finances

By Stefanno Sulaiman and Rae Wee JAKARTA/SINGAPORE (Reuters) – Indonesia’s President-elect Prabowo Subianto wants to give school children free meals, but the plan and his pledge to be ‘daring’ on spending have the country’s debt and currency markets on edge. Prabowo and his team have tried to distance themselves from any suggestions of fiscal profligacy,

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Crypto

Bitcoin and Other Cryptos Rise. Why July Could Be a Tough Month for the Sector.

Bitcoin and other cryptocurrencies were rising early on Monday but the sector still faces headwinds going into the second half of the year. Bitcoin was up 4.1% over the last 24 hours to $63,311. That means the largest cryptocurrency has largely recouped the losses that came after last week’s news that the trustee of Mt. Gox,

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Crypto

Bitcoin Gains. A Solana Crypto ETF Could Be in the Cards.

Bitcoin and other cryptocurrencies were rising early Friday. Solana was the standout gainer, after the first U.S. application was filed for a spot exchange-traded fund tied to the cryptocurrency. Bitcoin was up 1.3% over the past 24 hours to $61,519. The largest cryptocurrency has fallen from levels of around $64,000 after news on Monday that

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Crypto

Bitcoin Price Drops. MicroStrategy Is Still Buying More of the Crypto.

Bitcoin and other cryptocurrencies were falling early Friday. However, MicroStrategy has made another major purchase of the largest crypto. Bitcoin was down 1.5% over the past 24 hours to $64,617. Bitcoin hit a record high near $74,000 in mid-March amid a surge of interest from new spot exchange-traded funds but its price has dropped since then.

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Crypto

Bitcoin Price Slips. Here’s What Could Send the Crypto to a Record High.

Bitcoin was giving back some gains early Thursday after breaking through the $70,000 barrier but Ether was rising and testing its recent highs. The focus is now on whether the Federal Reserve can give the crypto sector another boost. Bitcoin was down 0.3% over the past 24 hours to $70,958. The largest crypto hit a record

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Crypto

Coinbase Stock Fell. A New Crypto-Trading Rival May Be About to Emerge.

Coinbase Global stock fell on Thursday in the face of recent gains in Bitcoin prices, which tend to lead shares of the cryptocurrency broker higher. Investors may be eyeing the prospect of tough new competition in U.S. crypto trading. CME Group , the Chicago-based trading firm, plans to launch spot Bitcoin trading amid interest from

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Crypto

FTX will return money to most customers less than 2 years after catastrophic crypto collapse

FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that By MICHELLE CHAPMAN AP Business Writer May 8, 2024, 8:32 AM ET • 3 min read FTX says that nearly all of its customers

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Finance

Japan’s finance minister says ‘speculative’ moves in currency market impacting yen

The yen has been on a downtrend despite the BOJ’s decision on March 19 to end eight years of negative interest rates. Natanael Ginting | Istock | Getty Images Japanese Finance Minister Shunichi Suzuki said on Monday there were some speculative moves in the currency market that did not reflect economic fundamentals, repeating his warning against excessive yen declines. “We will watch currency market developments

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