On Feb. 17, 2025, Bitwise Invest CEO Hunter Horsley took to X to state we underestimate Bitcoin. He listed reasons why Bitcoin is close to wide adoption and a $1,000,000 value. He challenged everyone to offer counterarguments, creating a neat digest of the main problems on the way to the moon. 2025 “is going to
Despite the challenging macroeconomic environment, Federal Reserve chairman Jerome Powell has revised his stance on Bitcoin, which has given investors cautious hope for cryptocurrencies. Comparing Bitcoin to gold during an appearance at the New York Times DealBook Summit, Powell characterized the flagship crypto as a “speculative asset” rather than a direct competitor to the US
USD/MXN dips below 50-day SMA at 20.42, trading at 20.27. Weak US Retail Sales and softer PPI sub-components fuel Fed easing expectations. Mexico’s Retail Sales, Banxico minutes, and Q4 GDP are in focus this week. The Mexican Peso (MXN) extended its gains versus the US Dollar (USD), clearing key support at the 50-day Simple Moving
Weekly Bearish Candle Shows Downward Pressure Given that Friday’s price range was relatively wide, a continuation of today’s advance from the day’s low is certainly possible. But silver would be advancing inside the price range of a bearish pattern and therefore resistance would be anticipated to eventually be hit, and lead to further weakening. Notice
Italian archaeologists recently uncovered a “monumental necropolis” that appeared to honor an elite class of people thousands of years ago, provincial officials announced this month. The ancient cemetery found in Trento, a northern Alpine city, includes at least 200 individual tombs, which experts believe date back to the early Iron Age, a pre-Roman period between
Trump speaks with Macron ahead of European leaders meeting on Ukraine The Hill European leaders want a say in talks to end Russia’s war in Ukraine. The US is brushing them off The Associated Press CNBC Daily Open: Europe wants a say in Ukraine peace plan CNBC US must provide ‘backstop’ to deter Russia from attacking Ukraine again
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Prime Minister Benjamin Netanyahu has directed that the UNRWA law, which the Knesset passed with broad support, be enforced immediately. The UNRWA law would block activities of the agency in areas under Israeli control. He ordered that there would be no restrictions on the implementation of the Prime Minister’s directive. Related Tags Benjamin Netanyahu Headline
Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] VENICE, Italy (AP) — The opening weekend of Carnival in Venice culminated with a water procession along the Grand Canal that finished in front of the Rialto Bridge with a flourish of colorful streamers and confetti — all completely biodegradable. Boats sail as confetti explodes in the
Published February 14, 2025 11:02 AM EST Cheng Xin / Contributor / Getty Images Key Takeaways Twilio shares slumped Friday after the company gave a weak earnings forecast. The company reported a drop in data platform sales, and took a $16.8 million expense from a customer’s slowdown in payments. Even with Friday’s decline, the stock