In the wake of the post-election cryptocurrency rally, Dogecoin’s market value has surpassed that of major companies such as Ford and General Mills. Elon Musk, Tesla’s CEO, has been a vocal proponent of Dogecoin, and has spent millions in support of President-elect Donald Trump’s campaign. On Tuesday, Trump announced that Musk and Vivek Ramaswamy will […]
Bitcoin’s price was around $93,000 on Tuesday, retreating from levels just below $100,000 seen last week. The cryptocurrency had reached an all-time high over $99,500 on Friday, with the $100,000 mark seeming imminent. However, it is now closer to $92,000.Bitcoin market watchers note that much of the selling is coming from relatively new buyers who
Bitcoin Price Retreats from $100,000 Mark Amid Profit-Taking and ETF Outflows Read More »
Oppenheimer analysts have set a price target on Coinbase shares that is among the highest on Wall Street. The target is $358, which is significantly ahead of the Street’s average of $273 and more than 17% higher than Friday’s close. This comes as enthusiasm for cryptocurrency has surged since President Donald Trump’s re-election, which analysts
Oppenheimer Analysts Set High Price Target for Coinbase Amid Crypto Sentiment Surge Read More »
Bitcoin has reached a new milestone, surpassing $98,000 for the first time on Thursday, marking a 46% increase since Donald Trump was announced as the winner of the 2024 U.S. presidential election. Bitcoin-related stocks have seen their highest trading volume ever, with over $50 billion in assets exchanging hands on Wednesday. This surge in trading
Bitcoin Reaches New Heights Amidst Trump’s Election and Crypto-Friendly Policies Read More »
Rumble, a conservative-leaning streaming platform backed by Vice President-elect JD Vance, has announced plans to allocate part of its cash reserves to Bitcoin. The company has not disclosed a specific timeline for these bitcoin purchases. Rumble’s shares have seen an increase, with a rise of around 4% in morning trading. The company’s decision comes amidst
Rumble to Invest in Bitcoin as Part of Cash Reserves Allocation Read More »
Influencing macroeconomic outcomes is typically achieved through two primary courses of action: fiscal policy and monetary policy. Monetary policy, managed by central banks, involves the manipulation of money supply and interest rates. To stimulate a faltering economy, central banks cut interest rates, reducing borrowing costs and increasing the money supply. Conversely, to curb rapid economic
Understanding the Role of Monetary and Fiscal Policies in Macroeconomic Management Read More »
