Over the past 2 years Bitcoin and other cryptocurrencies have been hammered as investors headed toward the exits. Major brokers were in flux in 2022 when Binance refused to buy out Sam Bankman-Fried’s FTX exchange. Some experts warned that Bitcoin could fall as low as $9,000.
Simply put, the Bitcoin...
Welcome to The Market Pulse, your weekly dose of market insights from Global Investment Daily.
Today, we're challenging a Wall Street adage that might make you want to pack your bags and head for the beach: "Sell in May and go away." But before you start planning your summer getaway,...
Companies around the world are scrambling to secure the stockpiles of Germanium and Gallium they need after China announced they were curbing exports of the niche metals in their national defense interests.
Germanium and Gallium are vital metals with multiple industrial applications.
GERMANIUM
Germanium has several industrial applications due to its unique...
Ready for Tactical Tuesday? Today, we're zeroing in on the Dow Jones Industrial Average and its tantalizing approach to the 40,000 mark. It seems that the wall of investor psychology has it playing hard to get. But history suggests a breakthrough could mean above-average performance for the Dow!
Speaking of...
After a 3-year drought, crypto bulls are once again basking in the limelight as bitcoin and its altcoin peers continue to take out fresh highs. Bitcoin hit a 24-hour high of $38,737.65 on Friday, coming within touching distance of its all-time high of $41,940 that it set just over...
Markets in a Fog: Tariff Uncertainty and the Road Ahead
In a market that loves clarity, today’s investing landscape feels more like navigating through a dense, uncharted fog. Tariff uncertainty is the name of the game, and even a four-day stock rally isn't quite enough to clear the haze. While...
Bitcoin has been surging lately. The cryptocurrency has rallied nearly 70% from $26,000 in October to recent highs of $44,000.
The popular cryptocurrency still has a way to go to get back to its historic price level of nearly $69,000, set in November 2021.
It appears that Bitcoin and other cryptocurrencies...
Worldwide demand for copper is steadily on the rise, spurred by trillions of dollars being invested in new infrastructure spending projects, and Argentina is vying to become a major player in this sector.
Traditionally, global copper mining has been dominated by Chile, Peru, China, the United States and Australia.
According to...
The market's feel-good rally has hit a wall of worry. After weeks of defying gravity, stocks are starting to crack under the strain of stubborn inflation, rising yields, and a looming wave of Big Tech earnings.
This week could be a pivotal moment. Critical economic data will either soothe investor...
Gold had fallen out of favor for many investors since war broke out in Ukraine.
Spot prices for gold ran as high as $2,066 in March 2022 before plummeting over 20% down to $1,630 in October of the same year.
Many investors switched to other assets like cryptocurrencies in search of...
