Cryptocurrency market capitalization crossed the $2.8 trillion mark on Monday, rising 0.9% after stagnating at $2.7 trillion last week. Bitcoin price hit $87,600, its highest level in 45 days, dating back to March. BTC’s 4% gain outperforms top altcoins like BNB, XRP and Solana, while Tron trades in the red, signaling the rally is still
gold getty Gold is hitting records in more ways than one. In nominal terms, the yellow metal set multiple new all-time highs last week, and today, the metal exceeded $3,400 an ounce for the first time ever. On an inflation-adjusted basis, gold also notched a new record price, surpassing the longstanding record set in 1980.
While equity markets have fallen sharply after US President Donald Trump’s tariff announcement, Marc Franklin, Managing Director, Senior Portfolio Manager of Multi-Asset Solutions at Manulife Investment Management, says some asset classes are still performing well. “The focus will be predominantly on equities because of the sizable downside moves,” he said. However, bonds remain attractive, particularly
Shares of Coinbase Global and other firms linked to cryptocurrencies were hammered this quarter, as growing concerns about the US economy weighed on digital assets. Coinbase fell 31 per cent in the worst quarterly performance since FTX collapsed near the end of 2022. Nearly every major crypto-linked stock plunged alongside it, from conglomerate Galaxy Digital
In the realm of gold investments, many investors are initially attracted to the apparent simplicity and cost-efficiency of gold mutual funds, largely because they showcase a relatively low expense ratio. However, beneath the surface, a hidden cost often goes unrecognized—the dual expense ratio. Rajani Tandale, Senior Vice President of Mutual Funds at 1 Finance, said,
As with direct stock investors, mutual fund holders, too, would have faced significant erosion in their portfolio values over the past six months, from late September on. Equity-oriented schemes across all categories saw a decline in their assets under management (AUM) between September 2024 and February 2025, despite receiving positive monthly inflows during the period,
SINGAPORE: A former sales agent of gold trading company Genneva has been sentenced to nine months’ jail on Thursday (Mar 13) after she cheated a pawnshop to redeem gold that came about from a multi-million dollar investment scam. Zhang Jinxia, 58, was convicted on Mar 6 after a trial, of one count of cheating and another under