The Philadelphia Fed’s May manufacturing survey revealed an unprecedented spike in future new orders, signaling a major surge in U.S. manufacturing optimism. This 40+ point leap is the largest ever recorded and suggests the economy may be gaining momentum much faster than expected. Markets, including crypto assets like Bitcoin and Ethereum, are responding with renewed […]
Tesla plans to launch its first fleet of autonomous robotaxis in Austin, aiming to redefine urban mobility with driverless technology. Federal regulators, particularly NHTSA, are pressing Tesla for clarity on how its self-driving vehicles will handle adverse conditions such as fog, rain, glare, and other unpredictable challenges. Tesla is collecting extensive real-world data through human […]
Historical Background of Social Security Retirement Age Social Security was established in 1935 amid the Great Depression as a federal program to provide income for older Americans. Originally, the full retirement age (FRA) – the age at which workers could receive full Social Security benefits – was set at 65 for all participants ssa.gov. Early on, relatively few retirees […]
Bitcoin’s price reaches $104,000, yet retail engagement remains surprisingly low. Google search trends for “Bitcoin” and the ranking of the Coinbase app reveal diminished retail enthusiasm. Retail investors are net sellers, with 247,000 BTC offloaded in 2025, shifting the focus to institutional buyers. Institutions now hold 77% of Bitcoin, leading to potential market recalibration with […]
XRP experiences a significant surge, transferring over 720 million tokens and reaching a $1.8 billion transfer volume, invigorating the crypto market with optimism. The cryptocurrency breaks past the $2 barrier, consistently hovering around $2.5, with a weekly appreciation of 20.48%. Despite minor fluctuations, XRP maintains a strong position at approximately $2.55, signifying a robust resistance […]
An attempted kidnapping of a young woman, daughter of a crypto entrepreneur, unfolded like an action thriller on a Parisian street. The incident highlights vulnerabilities faced by affluent individuals in the digital age. It marks the third attack targeting crypto figures in recent months, signaling a worrying trend. The event has sparked debates about safety […]
Robinhood Markets Inc. enters the Canadian market with a strategic $250 million acquisition of WonderFi Technologies Inc. WonderFi, valued at 36 cents per share, marks a 41% premium over the last valuation, signaling a strong market move. Founded with support from Kevin O’Leary, WonderFi has become a significant player in Canadian fintech with over $2.1 […]
Bitcoin’s price fell below $102,400 on May 12th, diverging from Wall Street’s surge due to U.S.-China trade optimism. The decline appears not to be caused by macroeconomic factors, but by market mechanics, with investors engaging in profit-taking before the Consumer Price Index (CPI) release. Increased short positions and elevated funding rates in derivatives markets suggest […]
The U.S. SEC, led by Chairman Paul Atkins, aims to make the U.S. the leading “crypto capital of the planet.” The SEC faces challenges in adapting traditional financial regulations to accommodate blockchain and digital currencies. Atkins advocates for a regulatory framework prioritizing transparency, flexibility, and innovation in cryptocurrency. Key proposals include clear guidelines for crypto […]
XRP hovers at a critical technical level of $2.42, aligned with the median of the Bollinger Bands, presenting a pivotal moment for traders. The Bollinger Bands indicate volatility, with the middle line reflecting market trends; XRP has struggled with selling pressure since March. There’s a potential breakout; if XRP closes above $2.42, prices might reach […]
