In his annual letter to shareholders, released today, JPMorgan Chase CEO Jamie Dimon expressed some concerns about the potential economic repercussions of President Donald Trump’s recent tariff implementations. Dimon warned that these tariffs could exacerbate inflation and impede economic growth, emphasizing the urgency of resolving trade uncertainties swiftly to prevent long-term damage to consumer confidence…
Key Takeaways The Fed faces pressure to consider an emergency rate cut amid market turmoil. JPMorgan’s Bob Michele raised the flags that companies are under strain. Share this article The Federal Reserve may need to implement an emergency rate cut before its scheduled May meeting due to severe market stress, said Bob Michele, Global Head…
Due to the market’s growing instability, on 7 April 2025, Ethereum tumbled to $1450, marking a 20% drop and its lowest since late 2023. Bitcoin mirrored Ethereum’s price drop by falling 10% to $74,700, and the GMCI 30 index that tracks top crypto tokens also fell by 8.6%. The cryptocurrency market is facing severe headwinds…
The latest news on the Trade War front caused another volatile wave in the cryptocurrency market, as bitcoin and most altcoins surged impressively before they came crashing back down once again. This time, the volatility could also be attributed to a recent report that was quickly refuted. *WHITE HOUSE SAYS “UNAWARE” OF 90-DAY PAUSE RUMOR…
Andrew Bailey, a long-time skeptic of crypto, has been unanimously selected to lead an international body that monitors the global financial system. Bank of England Governor Andrew Bailey — known for his cautious, often skeptical views on crypto — is set to take over as Chair of the Financial Stability Board in July, after securing…
Key Takeaways Changpeng Zhao has been appointed as Strategic Advisor to the Pakistan Crypto Council. Pakistan aims to become a regional powerhouse for digital finance and blockchain-driven growth. Share this article Changpeng “CZ” Zhao, co-founder of Binance, has been named Strategic Advisor to the Pakistan Crypto Council (PCC), according to a Monday report by TechJuice,…
The China Stock Market Today live chart was among the first casualty in Trump’s trade war. Bitcoin dipped as low as 8% overnight but is making a recovery in the early trading hours. On Monday, the VIX shot past 60, a flashing red alarm for market turbulence not seen since last summer. It’s not the…
Crypto markets have dumped 10% in less than 24 hours as more than $240 billion exited the space. Meanwhile, stock market futures are down 15% in three days “like we are in a depression,” commented the Kobeissi letter on April 7. Oil prices are trading below $60, “like demand has collapsed,” gold prices are down…
Pepe Coin has quickly gained popularity in the crypto community, riding the wave of growing interest in meme coins over the past few years. Will the price of Pepe Coin (PEPE) continue to rise this month and beyond? Let’s take a closer look at our Pepe price prediction April 2025. What is PEPE? In 2005,…
Is the Bitcoin bull run over? BTCUSD crashes below $80,000 as sellers dominate, erasing Q4 2024 gains. Will BTC bears dominate in Q2 2024? There has been a harsh shift in the Bitcoin and crypto markets. Despite high optimism and assertions by believers that the recent dip is just an ordinary correction and buyers are…
