Economy

Economy
Economy

Crypto rally today: Why BTC and altcoins like Pepe, Avalanche, Cardano are going up

A crypto rally is happening today, with volume in the spot market and the futures open interest rebounding. Bitcoin price jumped to $69,000, while top altcoins like Pepe Coin, Avalanche (AVAX), and Cardano (ADA) were the top gainers. Crypto rally triggered by hope of a 50-day ceasefire  The main reason why the ongoing crypto rally

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Economy

Nasdaq 100 Index top gainers and losers in 2026 revealed

The Nasdaq Index is having a difficult year amid concerns about the ongoing US-Iran war and the private credit industry. It has retreated by over 8% from its highest point this year. This article explores some of the top gainers and laggards this year. Memory chip companies are the top gainers in the Nasdaq 100

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Economy

Hormuz closure, expensive fuel have made EVs impossible to ignore

The closure of the Strait of Hormuz has answered a question the energy world had been debating for a decade. What does it actually cost to stay dependent on fossil fuels? With Brent crude near $120 a barrel, gas above $4 a gallon across every US state, diesel up 45%, and the IEA describing the

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Economy

Will Clarity Act pass soon as crypto, banks near key deal?

The Clarity Act, which passed the House of Representatives into law in July 2025, has been stalled for nearly nine months as the crypto industry and Bankers continue to negotiate over the economics and regulatory oversight of stablecoins. However, new information suggests that after months of deadlock, both groups may finally be closing the gap,

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Economy

Iran conflict may push US inflation near 4%; recession fears surge

The surge in energy prices, visible at US gas stations since early March, is set to be fully revealed next week when new consumer price statistics are released, with gasoline costs—up an estimated 20% from February after seasonal adjustment—expected to be the single largest driver of the inflation hike in the country. However, the increase

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Economy

Iran war impact: how global travel plans and tourist destinations are changing

Global travel patterns are undergoing a swift recalibration as the escalating conflict in the Middle East disrupts flight routes, dampens consumer confidence, and forces holidaymakers to rethink their plans. Travel companies across Europe are reporting cancellations, weaker demand in affected regions, and a noticeable pivot toward alternative destinations, even as overall appetite for travel remains

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Economy

CFTC takes Illinois, Arizona, Connecticut to court over prediction market oversight

US federal regulators filed lawsuits against Illinois, Arizona, and Connecticut over who controls prediction markets, pushing back against state-level enforcement actions. The Commodity Futures Trading Commission, alongside the U.S. Department of Justice, launched separate legal actions on Thursday, arguing that state authorities have stepped beyond their remit by targeting platforms the agency considers federally regulated. 

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Economy

SOL risks falling below $70 amid bearish crossover despite SoFi expansion

Solana (SOL) is facing a tense moment as technical signals and recent ecosystem developments paint a mixed picture. Despite notable strides in institutional adoption, the cryptocurrency shows signs of short-term weakness that could push its price toward critical lower levels. Bearish technical signals put SOL at risk The price of SOL has recently hovered around

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Economy

One year on, did Trump’s Liberation Day tariffs make America wealthier?

Just over a year ago, on April 2, 2025, US President Donald Trump walked into the White House Rose Garden holding a large placard and signed what he called a declaration of economic independence. He called it Liberation Day. The US President promised it would make America wealthy, bring factories roaring back, and force the

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Economy

Why oil at $110 won’t boost output, Fed’s Logan warns on inflation

US oil producers are unlikely to significantly increase output in the near term despite elevated crude prices, according to Dallas Federal Reserve President Lorie Logan, underscoring persistent risks to inflation and economic stability. Speaking at an event hosted by the regional Fed bank on Thursday, Logan indicated that current market conditions have not yet convinced

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