“It’s become quite emotive,” one market watcher told CNBC. “Nobody wants to invest in an environment where the government might change its mind overnight.”
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As the TACO trade goes viral, another is gaining traction: ‘Anywhere But The USA’
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Venezuela shows how locals turn to Tether-issued USDT stablecoin as governments wobble
The Tether (USDT) stablecoin logo. Costfoto | Nurphoto | Getty Images Amid the U.S. military intervention in Venezuela, locals rushed to secure their savings by converting their bolívares to dollar-pegged digital tokens called USDT. The timing of the attack may have been surprising to some, but Venezuelans subsequent embrace of stablecoins wasn’t. From the Middle […]
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Auto giant shares tumble on Trump’s tariff threat over Greenland
The logo of the German car manufacturer Volkswagen can be seen on a vehicle in front of a VW dealership. Picture Alliance | Picture Alliance | Getty Images Shares of some of Europe’s biggest carmakers fell sharply on Monday morning, following U.S. President Donald Trump’s pledge to impose tariffs on several European countries over Greenland. […]
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Gold and silver surge to fresh highs as investors digest Trump’s push for Greenland and flock to safer assets
Gold and silver surged to fresh highs just days after breaking previous records, as investors flock to safe-haven assets amid a choppy geopolitical and economic outlook. U.S. gold futures for February delivery rose 1.71% to $4,674.20 per ounce on Monday, after earlier hitting a record high last week. Spot gold was 1.6% higher at $4,668.14. It comes after U.S. President Donald Trump announced […]
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