Ethereum jumps 18% as $1 billion short squeeze fuels crypto breakout
Ethereum has rallied 17.7% over the past 24 hours to $2,249.80, with more than $1 billion in ETH short positions liquidated as falling
Economy
Economy
US debt tops $40T: why America’s fiscal burden is becoming harder to contain
The United States has reached a debt milestone that highlights one of the biggest economic challenges facing Washington: the government is borrowing at
Economy
Bitcoin smashes through $71,000: how high can this breakout run?
The broader cryptocurrency market is regaining momentum as improving liquidity conditions fuel expectations of another bullish leg. Bitcoin has broken past the psychologically
Economy
Why LIT is up 28% as traders bet on Lighter’s US regulatory path
Lighter price has rallied 28% over the past 24 hours to around $2.95 on Aug. 20, making LIT the biggest gainer among the
Economy
Here’s why the Nikkei 225 Index is slumping as Japan 30-year bond yield jump
The Nikkei 225 Index retreated sharply on Wednesday, reaching its lowest level since August 10 as Japan bond yields soared. It also fell
Economy
Samsung, SK Hynix stocks sink 9%: why Micron’s rout is spreading to South Korea
Samsung Electronics and SK Hynix shares fell sharply Wednesday as Tuesday’s US semiconductor rout spread across the Pacific, dragging South Korea’s market lower.
Economy
Broadcom stock is down 21% from June peak: why one bull still sees 55% upside
Broadcom stock (NASDAQ: AVGO) has fallen about 21% from its early-June peak even as the chipmaker continues to post the fastest AI growth
Economy
Here’s the top reasons why the Kospi Index is falling today
The Kospi Index gapped lower on Wednesday as jitters in the bond market continue and as top constituents like Samsung and SK Hynix
Economy
Unitree stock surged 629% on debut: is China’s robot boom already overvalued?
Unitree Robotics shares surged in their Shanghai debut on Wednesday, giving China’s best-known humanoid robot maker a market value briefly above $60 billion
Economy
Gold rebounds above $4,350: can Fed minutes push prices back toward $4,500?
Gold edged higher on Wednesday as US Treasury yields retreated, giving bullion some breathing room after a steep decline as traders waited for