Coinbase stock price continued its freefall this week as the crypto exchange released its financial results. COIN plunged to a low of $141 on Friday, its lowest level since February 2024. It has plunged by 68% from its all-time high. Coinbase business deteriorated in the fourth quarter The COIN stock price remained under pressure after
Kalshi is moving into the sports insurance sector through a partnership with specialist broker Game Point Capital, signalling a shift in how insurers hedge financial exposure tied to sports performance. The regulated prediction market exchange is positioning itself within a fast-growing industry valued at around $9 billion annually and expected to double by 2030. The
US consumer price inflation eased more than expected in January, offering markets some relief, but signs of firm underlying price pressures, along with a strong jobs report has reinforced the view that interest rates are likely to stay unchanged for now. Data from the Labor Department showed consumer prices rose 2.4% in the 12 months
Asia-Pacific markets rallied on Tuesday as investors reacted to a reported breakthrough in US-India trade talks, while risk sentiment was also shaped by volatile crypto markets, fresh political headlines from Washington, and a major deal in the artificial intelligence sector. Below are the key developments shaping global markets. Asian markets surge on US-India trade deal
After a roller-coaster start to 2026, both gold and silver prices plummeted in the last couple of trading sessions. But, prices have started to rise again on Tuesday as gold surged more than 6%, while silver nearly 14% from Monday’s close. Experts believe that prices are likely to stabilise and even recover further, especially for
Gold and silver prices rebounded sharply on Tuesday after plummeting in the last couple of trading sessions. Gold prices on COMEX rose more than 6%, while the silver contract experienced a whopping 14% rise on Tuesday. Meanwhile, oil prices also rose nearly 1% after spending most of the day mostly flat as traders resorted to
Renewed geopolitical tensions between the US and Iran pushed gold prices higher on Wednesday, extending the yellow metal’s recent upward trend. This safe-haven buying contributed to the gains, following gold’s previous session, which marked its best single day since 2008. The already escalating tensions between the US and Iran witnessed a direct confrontation in the
Asian markets traded mostly lower on Wednesday, tracking a broad sell-off in US technology stocks overnight, while gold extended gains for a second session. Investor sentiment across the region was weighed down by losses in global tech, fresh uncertainty around artificial intelligence disruption, and a series of policy and legal developments in the United States.
Bitcoin’s latest slide is no longer confined to crypto markets. It is starting to surface in places investors often treat as separate, including gold and silver. Hedge fund manager Michael Burry, writing in a recent Substack post, says the downturn in Bitcoin has triggered forced selling across tokenised precious metals, as traders and treasury managers
Gold and silver are bouncing back after experiencing one of the sharpest corrections in precious metals in more than a decade. While short-term volatility is expected to remain high as markets adjust to recent moves, analysts suggest the recent sell-off is likely a correction, not a fundamental reversal, unless macro conditions materially change, ING Group’s