Category Finance

Early reports (or scoops) said that Pres. Trump has told his inner circle that Elon musk will be stepping back in the coming weeks from his current role. Now White House Press Sec. is saying that the “scoop” is garbage. This article was written by Greg Michalowski at…

USDJPYThe Amazon/TikTok news is giving the US stocks a bit of a boost. The S&P is up 24.74 points or 0.44%. The NASDAQ index is up 130 points or 0.74%. Meanwhile, yields have reversed from being down about 4– 6 basis points to now up about 4– 5…

Avalanche’s AVAX token is poised for major gains in coming years that should outpace already bullish outlooks for both bitcoin and ether, according to Standard Chartered’s Geoff Kendrick. “The unique thing about Avalanche is how it is attempting to achieve scale. Unlike Ethereum or Solana, Avalanche (AVAX) uses…

FDUSD, the stablecoin issued by Hong Kong-based First Digital, has wobbled from its $1 price peg as investor concerns mounted over its reserves, though the company said Wednesday that it was “completely solvent.” FDUSD has dropped to 0.87 against Tether’s USDT stablecoin and 0.76 against Circle’s USDC on…

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