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Financial markets faced a sharp downturn on 10 March 2025, as both cryptocurrency and technology stocks suffered significant losses amid growing recession concerns. JPMorgan economists have raised the likelihood of a U.S. recession to 40%, up from 30% earlier this year, citing increased risks stemming from current economic policies and global uncertainties. The Nasdaq Composite…
Shares of cryptocurrency-related companies fell sharply on Monday, following President Donald Trump’s recent executive order to establish a federal Bitcoin strategic reserve and rising concerns about U.S. economic policies. MicroStrategy (MSTR), the largest corporate holder of Bitcoin, saw its shares tumble by 13%, while Coinbase Global (COIN) and MARA Holdings (MARA) also faced significant losses…
The recent executive order by U.S. President Donald Trump to establish a strategic Bitcoin reserve has sent ripples through global financial markets, with significant implications for Indonesia’s burgeoning cryptocurrency sector. U.S. Establishes Strategic Bitcoin Reserve On Thursday, President Trump signed an executive order to create a strategic Bitcoin reserve, funded by Bitcoin seized in criminal…
The White House is set to host its first-ever Crypto Summit on 7 March 2025, marking a significant step in shaping the United States’ approach to digital assets. The event aims to position the U.S. as a global leader in cryptocurrency innovation while fostering regulatory clarity and technological advancement. Key Figures and Industry Leaders to…
Renowned investor and best-selling author of Rich Dad Poor Dad, Robert Kiyosaki, has recently criticised individuals who are selling Bitcoin amid ongoing financial uncertainty, labelling them as the ‘biggest losers.’ In a recent post on his X (formerly Twitter) account, Kiyosaki questioned whether these sellers understand the current economic landscape and referenced former U.S. President…
Bitcoin’s value experienced a significant decline on Monday, falling nearly 10 percent amid escalating global trade tensions and uncertainty surrounding the proposed US Crypto Strategic Reserve. The cryptocurrency dropped to $85,321.69, erasing gains from earlier in the week. Market optimism initially surged following an announcement by President Donald Trump outlining plans to establish a US…