Bitcoin has hit a new high, crossing $109, 000, ahead of President-elect Donald Trump’s inauguration. The cryptocurrency market is buzzing with excitement, hoping that Trump will bring changes favorable to digital currencies. Once a skeptic, Trump now supports crypto and has promised to make the U.
In 2024, bitcoin hit a massive milestone, topping $100, 000. With President Donald Trump taking office, crypto enthusiasts are banking on a friendly administration. But what does this mean for states and public pension funds? Some states have already shown interest, like Wisconsin and Michigan. Can
As the Chinese yuan continues to slip, the country's central bank chose not to alter its benchmark lending rates on Monday. The decision comes as the incoming U. S. President Donald Trump is set to take office, a move that's sparked uncertainty in the financial markets. The People's Bank of China (P
When Donald Trump won the U. S. presidential election in November, markets celebrated. Stocks shot up, the dollar gained strength, and Bitcoin prices surged. But as Trump gets ready to move back into the White House, the market's initial excitement has begun to fade. The stock market, for instance,
Decentralized Finance, or DeFi, is changing the old ways of banking by letting people trade directly. But to really understand how well it’s working, we need lots of transaction data, especially from what’s called Layer 2 (L2) solutions. These are like special highways that make DeFi faster and more
It's official: North Carolina homeowners will see their insurance premiums go up by about 15% by mid-2026. This is all part of a deal the state's Insurance Department made with insurance companies. Commissioner Mike Causey led the charge, standing firm against the industry's initial request for a wh
Bitcoin ended the week on a high note, reaching over $105, 000 right before Donald Trump's second-term inauguration. At the start, it was slumping, dipping below $90, 000 due to Fed interest rate concerns. Inflation data on Wednesday showed a rise, which raised hopes for another Fed rate cut. Bitcoi
Ever heard of Islamic crowdfunding? It's not just a concept anymore; it's taking off globally, even in places where Muslims are a minority. But what makes it tick? Let's explore the rules, sustainability, and financial power of Islamic fintech to understand its success. First off, Islamic crowdfund
China's economy is facing a big challenge: companies are becoming more focused on financial assets. This study looked at how the length of time companies hold onto these assets affects their audit fees. Using data from Chinese companies listed on the A-share market between 2009 and 2019, the researc
Glencore, a big name in mining, saw its shares rise by about 2% early in the London trading day. The most significant stock market index in Europe, the Stoxx 600, was up by 0. 3% shortly after opening. Most sectors and all major stock exchanges were showing gains. Mining stocks led the way, up over
