Gold and silver prices have entered a correction phase following a period of record-breaking rallies. Gold, which had surged over 50% year-on-year, is now posting weekly losses as investors begin to lock in profits and reassess the outlook for precious metals. Analysts attribute the recent pullback to a combination of profit-taking, a stronger U.S. dollar,…
Private-sector economic activity in the Eurozone is showing renewed momentum, signaling growth near its highest level in 17 months, according to the latest purchasing managers’ index (PMI) data. The rebound was largely driven by Germany’s manufacturing recovery and stronger demand in Southern Europe, where service sectors benefited from resilient domestic spending and improving export orders….
Global stock markets rallied strongly this week, with the S&P 500 and Nasdaq 100 each rising about 1%, while the UK’s FTSE 100 surged nearly 0.7% to an all-time high. The rally was driven by U.S. inflation data coming in slightly below expectations — annual inflation for September was 3.0%, compared with market forecasts of…
In a new report published by Citigroup, the stablecoin market is projected to expand in the coming years, potentially reaching $4 trillion by 2030. The bank notes that under an optimistic scenario, the issuance volume of stablecoins could hit $4 trillion, while under a base-case scenario, it may reach around $1.9 trillion. This projection is…
The global Bitcoin network’s hash rate experienced a slight pullback in October after reaching record levels. Meanwhile, the total market capitalization of mining companies listed on U.S. exchanges surged to $79 billion, marking an all-time high. This development highlights an interesting dynamic in the Bitcoin ecosystem: while network activity and mining difficulty can fluctuate due…
Leading private-market firms Blackstone and KKR have responded to criticisms of the private credit sector, defending the industry. These statements highlight current tensions in alternative finance markets. Private credit refers to debt financing provided directly to companies or projects, typically funded by large investors outside of the traditional banking system. Recently, rising interest rates and…
Fireblocks has acquired Dynamic, a developer-first wallet infrastructure platform supporting more than 50 million onchain accounts for clients such as Kraken, zerohash, and Magic Eden. The move aims to accelerate onchain adoption among FinTechs and enterprises by merging institutional-grade infrastructure with agile developer tools. The acquisition strengthens Fireblocks’ position as a trusted foundation for digital…
The crypto market is up today, with the cryptocurrency market capitalization increasing by 1.7%, now standing at $3.85 trillion. 95 of the top 100 coins have appreciated over the past 24 hours. At the same time, the total crypto trading volume is at $156 billion, somewhat lower than what we’ve been seeing over the past…
Speaking on Euronews’ flagship program The Europe Conversation, Christodoulides outlined his broader vision — not only for Cyprus’s future but also for a stronger, more united European Union and a lasting peace in the Middle East, particularly Gaza. His remarks come just months before Cyprus is set to assume the rotating EU presidency, giving Nicosia…
Trump, who has long criticized European allies for what he sees as “free-riding” on U.S. defense spending, recently threatened to impose “trade punishment” on Spain after Madrid declined to meet NATO’s ambitious 5% defense expenditure target — a figure that far exceeds the alliance’s long-standing 2% guideline. The former U.S. president framed the move as…