Bitcoin’s recent decline, which has seen the cryptocurrency lose more than half its value since its October 2025 peak, represents a critical moment for evaluating the asset class.
Trump Adviser Dismisses Recession Fears Despite Wall Street Warnings
One of Donald Trump’s top economic advisers has confidently rejected growing concerns about a U.S. recession, insisting there is “100% not” going to be a downturn this year, even as
BlackRock CEO Warns US May Already Be in Recession Amid Escalating Trade War
The head of BlackRock, the world’s largest asset manager, has warned that the US may already be in a recession as trade tensions with China intensify.
BlackRock Launches First Bitcoin ETP in Europe Amid Growing Crypto Demand
Reuters reports that BlackRock has rolled out its first bitcoin exchange-traded product (ETP) in Europe. The company aims to capitalise on increasing investor appetite for cryptocurrency exposure beyond the U.S.,
Bitcoin dips below the $40,000 mark as the ongoing sell-off persists.
In early Tuesday trading, Bitcoin descended below the $40,000 threshold, marking its first dip beneath this level since early December.
Bitcoin ETF: Fidelity and BlackRock join Grayscale in the prestigious $1 billion club.
During the initial five days following the launch of Bitcoin exchange-traded funds (ETFs), the market witnessed the emergence of three funds, each surpassing the one billion dollar mark in assets
US Banks Mixed Bag After Earnings
Today marks a significant day for earnings in the United States, with several major banks releasing their results. The initial market response appears to be unfavourable, as shares of JPMorgan,
UBS has made the largest quarterly profit in banking history
UBS reported an unprecedented quarterly profit in banking history following its urgent acquisition of Credit Suisse.
U.S. government is on the brink of a shutdown due to an escalating dispute over budget expenditures.
Goldman Sachs has sounded the alarm that the U.S. government might head towards a federal shutdown later this year due to intense disagreements among Republicans regarding substantial spending cuts.
Credit Suisse Chairman Axel Lehmann apologizes to shareholders, saying he’s “truly sorry”
At its last shareholder meeting as an independent business on Tuesday, Credit Suisse’s chair, Axel Lehmann, apologized to investors for the 167-year-old Swiss bank’s collapse. Lehmann addressed the bank’s AGM
Credit Suisse has been accused of facilitating tax evasion
The US Senate Finance Committee has accused Credit Suisse of aiding wealthy Americans in concealing their assets from tax authorities, even after a unit of the Swiss bank had pleaded
Credit Suisse and UBS reportedly face an investigation by US authorities for Russian sanctions evasion
American prosecutors are set to investigate the services provided by banks to clients with connections to the Kremlin.