Finance

U.S. President Donald Trump meets with Japan’s Prime Minister Shigeru Ishiba (not pictured) at the White House in Washington, U.S., Feb. 7, 2025.  Kent Nishimura | Reuters President Donald Trump ordered a halt to the production of new pennies, which he said will help reduce “wasteful” government spending. “For far too long the United States…

Follow Frank on X. In July of last year, Swiss privacy tech company Proton (makers of Proton Mail) announced it would be launching its own bitcoin wallet — Proton Wallet. I (along with about 100,000 other users) was given early access to the wallet to test it out and was impressed with the wallet’s user…

Dogecoin price continues to trade lower to $0.24 after falling more than 7% the previous week. The technical outlook suggests a further correction as RSI and MACD indicators signal bearish divergences. Santiment data shows that DOGE whale transactions are falling, indicating weakness. Dogecoin (DOGE) continues to trade down around $0.24 after falling more than 7%…

Bitcoin price continues to edge lower, trading below $96,000 on Monday. Ethereum price fell below $2,600 after losing nearly 9% the previous week. Ripple faced rejection around the $2.72 daily resistance; further correction on the cards. Bitcoin’s (BTC) price continues to edge down, trading below $96,000 on Monday after declining the previous week. Ethereum (ETH)…

Office of Management and Budget (OMB) Acting Director Russell Vought speaks with reporters during a press briefing at the White House in Washington, U.S., March 11, 2019. Jonathan Ernst | Reuters Consumer Financial Protection Bureau employees were told Sunday to work remotely because their Washington, D.C., headquarters would be closed through Feb. 14, according to…

The Trump administration may create powerful tailwinds for two vastly different market groups: Big banks and small cap stocks. In the case of financials, Astoria Portfolio Advisors’ John Davi predicts deregulation — along with a boost in IPO and mergers and acquisitions — to spark multi-year strength. “The funny thing about the banks is that…

XRP saw brief gains above 4% following reports of the launch of XRP Depository Receipts. The receipts function similarly to an ETF, providing investors access to XRP’s price without holding the asset. Ripple CEO Brad Garlinghouse is among prominent names being considered for the White House Crypto Council. XRP could rally to tackle a key wedge’s…

Ethereum price today: $2,590 Ethereum bears lead the market as President Trump announces plans for reciprocal tariffs on several countries next week. ETH’s decline mirrors that of the S&P 500, underscoring crypto’s rising correlation with the US stock market. Ethereum could decline to $1,200 if it breaks a descending channel’s lower boundary line and the…

Bitcoin failed to rally as BlackRock increased its stake in Strategy (formerly MicroStrategy), according to a filing with the SEC. The asset manager now holds 11.2 million shares of Strategy’s stock, commanding a 5% ownership of the company. BlackRock could be aiming to indirectly leverage Strategy’s Bitcoin buying tactic to expand its BTC exposure. Bitcoin…

Follow Frank on X. El Salvador is still Bitcoin country, despite the fact that bitcoin is no longer legal tender in the country — at least from where I’m sitting. Let’s start with some background on the matter. On January 29, 2025, the Legislative Assembly in El Salvador voted to remove bitcoin’s status as legal…