Economy

Economy
Economy

Commodity wrap: bullion falls ahead of key data; oil up on supply disruptions fear

Gold and silver prices were in the red on Tuesday as investors remained on the edge before the release of a string of key US economic data.  Over the past week, precious metals have experienced significant volatility, as prices retreated from all-time highs due to a combination of profit-taking and excessively bullish positioning. Meanwhile, oil

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Economy

The anatomy of Bitcoin’s crash: macro, money and missing urgency

The past few months in crypto have felt less like panic and more like exhaustion. Bitcoin lost nearly half its value from the October 2025 peak near $125,000 to the low $60,000s as of early February. Talks about fundamentals, hype, fatigue, and fear are circulating. But the tone inside the market has been oddly restrained. That

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Economy

Bitcoin price down over 20% as analysts call bear market; DCR leads altcoin gains

Bitcoin price briefly fell to a 16-month low at $60,000 today before modest dip buying helped stabilise prices and sparked a modest recovery.  While the buy the dip crowd managed to prevent a further slide into the high 50s, the sentiment across the broader crypto space remains incredibly fragile. The crypto fear and greed index

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Economy

Bitcoin reclaims $70K, XRP rockets 20%: what’s fueling crypto market’s surge

Cryptocurrency markets extended their rebound in US morning trading on Friday, with Bitcoin climbing back above the $70,000 mark after a sharp sell-off earlier in the week, as improving sentiment in global equity markets helped drive investors back into risk assets. Bitcoin rose nearly 17% from its late-Thursday low near $60,000 and was up about

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Economy

Evening digest: Amazon’s AI capex, Bitcoin, XRP rebound, Goldman’s AI pivot

Markets remained on edge through the week, with Big Tech spending fears, central-bank signals, and a sharp crypto rebound colliding in a volatile session. Amazon shares slid on alarm over massive AI capital spending, while India’s central bank stood pat on rates, striking a steady tone on growth. Wall Street also digested Goldman Sachs’ push

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Economy

Gold reclaims $5,000, silver surges 6% as experts say bullish momentum intact

Gold prices reclaimed the psychologically crucial level of $5,000 per ounce on Monday as economic data from the weekend boosted sentiment.  A weaker dollar against a basket of major currencies lifted prices as it makes commodities priced in the greenback cheaper for overseas buyers.  Gold experienced a surge, moving beyond the significant $5,000 level during

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Economy

South Korea FSS to deploy AI crypto surveillance under 2026 oversight plan

South Korea’s Financial Supervisory Service has set out a tougher and more technology-driven approach to crypto oversight for 2026, placing artificial intelligence at the core of market supervision. In its work plan released on February 9, the regulator said it will increase direct monitoring of digital asset trading, speed up investigations into suspicious activity, and

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Economy

CoinShares says quantum computing threat to Bitcoin remains years away

Digital asset manager CoinShares says quantum computing is not an immediate threat to Bitcoin, with only a small share of Bitcoin realistically exposed to a theoretical quantum attack. The firm argues that current machines are far too weak to break core cryptography and that the network has time to adapt. The research, led by CoinShares

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Economy

Bitcoin outlook at risk as Bessent urges Senate to advance Warsh nomination

Bitcoin’s recent recovery could be hanging in the balance as the political deadlock over Kevin Warsh’s nomination to lead the US Federal Reserve deepens, raising fresh concerns about prolonged dollar tightening and the erosion of risk appetite across digital asset markets. Treasury Secretary Scott Bessent has urged the Senate Banking Committee to begin confirmation hearings

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Economy

S&P 500 Index, VOO, and SPY ETF catalysts to watch this week

The S&P 500 Index and its top ETFs like VOO and SPY staged a strong comeback on Friday as investors bought the dip in technology stocks after big companies revealed their AI spending details.  Top American companies like Microsoft, Google, Meta Platforms plan to spend over $660 billion in the AI industry this year, a

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