If you are looking for multibagger returns, crypto should be on your radar. Let's explore the pros and cons of Dogecoin (CRYPTO: DOGE) to decide if it still has millionaire-maker potential. Launched in 2013, Dogecoin is widely considered to be the first meme coin, a type of cryptocurrency usually based on online jokes and sarcasm.
Hyperactive U.S. policy moves appear to have frozen macro markets this week, with Wednesday's key U.S. inflation release set to hold Federal Reserve boss Jerome Powell's benign take on economy up to the light. Powell basically told Congress on Tuesday that the economy was fine and that Fed policy was sufficiently well calibrated to deal to with uncertainties surrounding the new government plans - credit is still 'restrictive' while they wait and see. "We are in a pretty good place," Powell told the Senate committee - citing tariffs, immigration, fiscal and regulatory policy as the key variables the Fed will "try to make sense of".
Tesla stock continues to sell off as concerns mount on Elon Musk's many distractions.
Big names like Tesla and Dropbox have already left and Meta is looking to do the same.
(Bloomberg) -- The US stock rally is already on shaky ground due to tariffs and an uncertain outlook about artificial intelligence. Add a hot inflation print to the mix, and the market will sell off.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterWhy American Mobility Ground to a HaltThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperThat’s according to the trading desk at JPMorgan Chase & Co. Market Intelligen
World Liberty Financial, the new crypto platform in which President Donald Trump holds a financial stake, announced that it was unveiling a strategic token reserve designed to bolster Bitcoin, Ethereum and other cryptocurrencies "that are at the forefront of reshaping global finance." WLF said in a statement posted on X on Tuesday that its new token reserve would enable it to mitigate market volatility, empower the company to invest in innovative projects in decentralized finance, and develop a well-capitalized reserve. It also said it would seek strategic partnerships with financial institutions to contribute tokenized assets to the WLF reserve.
(Bloomberg) -- Investors can rely on one crucial day of the week to deliver strong dip-buying opportunities for the S&P 500 Index thus far in 2025: Wednesdays.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterWhy American Mobility Ground to a HaltThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperTraders lately have been selling first and asking questions later to lock in gains ahead of the weekend as stocks zig-
Wall Street's main indexes hit an over one-week low on Wednesday, as a hotter-than-anticipated inflation reading added to concerns that the Federal Reserve would not cut interest rates anytime soon. U.S. consumer prices increased more than expected in January, reinforcing the Federal Reserve's message that it was in no rush to resume cutting interest rates amid growing uncertainty over the economy. "It's now calling into question not only whether or not the Fed will cut in the second half of this year ... but now it puts on the table potentially the next move even being one to the upside for rates," said Alex Coffey, senior trading strategist at Charles Schwab.
Brian Quintenz was previously appointed to the Commodity Futures Trading Commission by two presidents. In the private sector, he’s spent two years as head of crypto policy for investor a16z.
If you're thinking about investing in Ethereum (CRYPTO: ETH), you're probably a bit confused right now. Despite all the pro-crypto sentiment surrounding the Trump administration, Ethereum is down 27% year to date (as of Feb. 11). Wall Street investment firm VanEck, for example, still thinks that Ethereum could soar in price to $7,334 by the year 2030.
