-
2 days ago | 
finbold.com | Andreja Stojanovic
On Tuesday, April 22, Trump Media & Technology (NASDAQ: DJT) took another step toward becoming a cryptocurrency firm by entering a binding partnership with leading crypto exchange, Crypto.com, per the information shared with Finbold.
-
2 days ago | 
finbold.com | Andreja Stojanovic
Bitcoin’s (BTC) initial reaction to President Donald Trump’s trade war spooked cryptocurrency investors enough to seemingly disprove the digital gold thesis and place BTC firmly in the same box as other risk assets. Specifically, Trump’s Liberation Day tariff announcement on April 2 triggered a massive BTC sell-off, which took the coin from $84,598 at the time, to a low of $75,004 on April 9.
-
2 days ago | 
finbold.com | Andreja Stojanovic
In recent years, gold has taken the task of justifying its elevated status among assets to heart and outperformed the vast majority of its typical competitors. The impressive rally in the long and short-term charts has also led to an escalation in price forecasts. Specifically, it took the commodity well over a year to hit its $3,000 target, but its accelerating 2025 rally is now threatening to invalidate the prevailing $4,000 forecast.
-
2 days ago | 
finbold.com | Andreja Stojanovic
Ripple Labs is scheduled to unlock 1 billion XRP, worth approximately $2.1 billion at press time, on May 1, drastically increasing the number of tokens in circulation. Though the move, at face value, might appear inflationary and likely to drive the cryptocurrency’s price down, selling is, judging by previous such moves, likely unnecessary.
-
2 days ago | 
flipboard.com | Andreja Stojanovic
4 hours agoWill the Ripple v. SEC case end this week? On Tuesday, April 21, Paul Atkins was sworn in as the new chairman of the Securities and Exchange Commission (SEC).
-
2 days ago | 
finbold.com | Andreja Stojanovic
On April 21 – Easter Monday – markets across the board made major moves, with stocks generally trading lower, while cryptocurrencies and gold surged. Indeed, U.S. stocks erased $1.5 trillion from their cumulative market capitalization during the day, with all major indices ending the session in the red. The S&P 500, for example, fell 2.38% from 5,282.70 points to 5,158.20 points, and the Nasdaq 100 dropped 2.46% from 18,258 to 17,808.
-
3 days ago | 
finbold.com | Andreja Stojanovic
Although less than optimistic, the Wall Street consensus about the potential of Nio (NYSE: NIO) stock is hardly reflective of the beating the Chinese electric vehicle (EV) maker has taken since 2025 started. Specifically, NIO shares are, on average, considered a ‘hold’ with seven such ratings on the stock analysis platform TipRanks. The remaining four analyst assessments are divided equally between ‘sell’ and ‘buy’ recommendations.
-
3 days ago | 
finbold.com | Andreja Stojanovic
Donald Trump’s re-election in November 2024 proved to be an impressive bullish catalyst for the cryptocurrency market, as it swiftly led to a rally for many digital assets. This rally generated 11,000 new Bitcoin (BTC) millionaires and enabled BTC to reach above $100,000, eventually hitting its intraday all-time high (ATH) of over $109,000.
-
3 days ago | 
finbold.com | Andreja Stojanovic
Though the stock market was strong through 2024, its best period came after Donald Trump was confirmed as the new President-Elect of the United States in early November. Nvidia (NASDAQ: NVDA) – already an undisputed star for investors – benefited particularly from the rally, as it accelerated a rise that enabled it to gain $2.1 trillion within the 12 months and increase from $1.223 trillion at the end of 2023 to $3.355 trillion by the end of 2024.
-
3 days ago | 
finbold.com | Andreja Stojanovic
‘The Big Short’ investor Michael Burry’s decision to allocate more than 40% of his portfolio to three Chinese technology giants in the fourth quarter (Q4) of 2024 yielded major returns after the People’s Republic took the artificial intelligence (AI) spotlight in late January. The escalating trade war, however, reversed many of the gains, with the same three companies that dominate Scion Asset Management’s holdings retracing heavily in recent months.
