Economist and gold advocate Peter Schiff has dismissed the idea that Bitcoin could become a global reserve asset. He claimed that the cryptocurrency lacks the intrinsic value of money to serve this purpose. According to him, the appeal of Bitcoin still rests on speculation rather than economic use. The remarks from Schiff follow a fresh The post Gold vs. Bitcoin: ...
The S&P 500 ($SPX) just logged its fifth straight trading box breakout, which means that, of the five trading ranges the index has experienced since the April lows, all have been resolved to the upside. How much longer can this last? That’s been the biggest question since the massive April 9 rally. Instead of assuming the market is due to roll ...
President Donald Trump on Thursday filed a $5 billion lawsuit against JPMorgan Chase and its CEO Jamie Dimon, claiming that the bank improperly closed his accounts for political reasons. ‘While we regret President Trump has sued us, we believe the suit has no merit,’ a JPMorgan Chase spokesperson said. ‘We respect the President’s right to sue us and our right ...
The No. 2-ranked South Carolina women’s basketball team bounced back from its loss to Oklahoma earlier this week in big way. The Gamecocks handed No. 5 Vanderbilt its first loss of the season, 103-74, on Sunday, Jan. 25, in Columbia, South Carolina. South Carolina (20-2, 6-1 SEC) had five players score in double figure in the blowout victory. Ta’Niya Latson ...
AI-assisted summary Kangaroos caused a crash during the final stage of the Tour Down Under cycling race in Australia. Race leader Jay Vine was involved in the crash but was not seriously injured. Vine’s teammate, Mikkel Bjerg, took the brunt of the impact and had to withdraw from the race. Despite the incident, Jay Vine went on to win his ...
A potentially catastrophic winter storm has caused commotion throughout parts of the country and disrupted the NBA regular-season schedule as Southern states prepare for ice conditions, while Midwest, Mid-Atlantic and Northeastern states expect heavy snow. On Sunday, Jan. 25, the NBA postponed the Nuggets at Grizzlies game as well as the Mavericks at Bucks – the former due to dangerous ...
The CLARITY Act remains under consideration in Congress as prediction markets sharply increased expectations of another U.S. government shutdown. The development followed comments from President Donald Trump and comes while the CLARITY Act continues its legislative process. Govt. Shutdown Odds Rise as CLARITY Act Remains Pending Polymarket traders indicate that it is 78% certain that The post U.S. Shutdown Odds ...
Bitcoin and XRP prices remained under pressure today, January 25, as investors anticipated a busy week ahead, with the Federal Reserve expect to deliver its interest rate decision, the odds of a government shutdown rising, and trade war risks remaining at an elevated level. Bitcoin price was trading at $88,600 on Sunday, while XRP was The post Bitcoin and XRP ...
The Federal Reserve meets in Washington on January 28, with markets pricing a near-certain pause. Fed Rate Cut expectations dipped as investors reassessed inflation, jobs and political pressure arround Chair Jerome Powell. The meeting involves Powell and the FOMC, as policymakers weigh prior cuts, independence concerns and market stability. Fed Rate Cut Expectations in January The post Fed Rate Cut ...
The S&P 500 ($SPX) just logged its fifth straight trading box breakout, which means that, of the five trading ranges the index has experienced since the April lows, all have been resolved to the upside. How much longer can this last? That’s been the biggest question since the massive April 9 rally. Instead of assuming the market is due to roll ...
The St. John’s men’s basketball coach earned his 900th career on-court win with an 88-83 win over Xavier on Saturday, Jan. 24, at Cintas Center in Cincinnati. His 900th career on-court win came against his son, Richard Pitino, who is in his first season with the Musketeers after coming over from New Mexico. The elder Pitino is now 4-1 all-time ...
After 20 weeks of NFL action, four teams are still alive in the hunt for Super Bowl 60. On Sunday, the AFC title will be decided by the Denver Broncos and New England Patriots. The NFC comes down to divisional foes Los Angeles and Seattle to decide who will represent the conference in the Super Bowl. The rest of the ...