By Exness Financial analysis provided by Krisada Yoonaisil, Financial Markets Strategist at Exness. 10 January 2024 marked a historic moment for Bitcoin. After a long battle engaging the SEC and multiple institutional players in the US, the financial watchdog finally approved the listing of 11 Spot Bitcoin ETFs. It was a breakthrough for the crypto […]
Tag: ETF
By Emir Abyazov Donald Trump suspended tariffs for 90 days On the evening of April 9, 2025, U.S. President Donald Trump announced a 90-day suspension of reciprocal tariffs. The decision triggered a sharp rise in stock markets. The move came as a surprise as Trump had previously insisted on continuing the policy of high tariffs, […]
Bloomberg senior commodity strategist Mike McGlone has reiterated his ultra-bearish Bitcoin price forecast, claiming a plunge to $10,000 is a simple reversion to the mean. McGlone argues that Bitcoin has been riding the coattails of the U.S. stock markets record-breaking rally and lacks the stability often associated with safe-haven assets. Despite Bitcoin reaching an all-time […]