Economy

Economy
Economy

Why is Ethereum price stuck below $1,600?

Ethereum price has remained unable to hold above the $1,600 level as persistent ETF outflows, slowing onchain activity and regulatory uncertainty continue to weigh on investor sentiment. According to market data, Ether (ETH) has repeatedly failed to sustain a breakout above $1,600 since last Thursday, even as lower oil prices improved expectations that central banks

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Economy

3 tech stocks to buy before July 2026 prices move higher

Three Magnificent Seven stocks are entering July with fresh catalysts that could matter as Q2 earnings season approaches. Alphabet, Amazon and Nvidia are not cheap in the traditional sense. But each has a clear reason investors are paying attention right now: Alphabet’s cloud growth has accelerated, Amazon is showing rare pricing power in AI compute,

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Economy

Scottish Mortgage rises as SpaceX stock rebounds and portfolio bargains emerge

Scottish Mortgage Trust share price has jumped in the last three consecutive days, reaching its highest level since June 22, helped by the ongoing SpaceX stock rebound. SMT jumped to 1,470p, up by 8.46% from its lowest point this year. So, is this investment trust a good buy today? Scottish Mortgage Trust portfolio analysis Scottish

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Economy

Silver bounce from $56.60 fails to shake off Fed’s higher-rate threat

Silver’s bounce on Tuesday looked more like a pause in the selloff than the start of a convincing turn. The metal found buyers near $56.60 in Asia, but the broader mood stayed cautious as traders leaned into the idea that the Federal Reserve’s next move may still be a rate increase. For a market that

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Economy

Ethereum’s $1,600 breakout fades despite Bitmine and SharpLink buying spree

Ethereum briefly climbed above $1,600 after corporate treasury firms expanded their Ether holdings, but the rally quickly lost momentum as sellers pushed the token back below the key psychological mark. According to company announcements, institutional buying gathered pace after Bitmine Immersion Technologies disclosed that it had increased its Ethereum treasury to 5.70 million ETH, equivalent

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Economy

UK economy grows 0.6% in Q1 as services sector drives expansion

Britain’s economy grew by 0.6% during the January-to-March quarter of 2026, in line with expectations, according to figures released by the Office for National Statistics (ONS). The latest estimates showed that growth was supported by gains across all major sectors of the economy, with services making the largest contribution. The ONS estimated that UK real

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Economy

Aluminium suffers steepest monthly drop since 2008

Aluminum is set for its steepest monthly loss since 2008, plunging more than 15% in June as optimism over Middle Eastern supply returning to the market unwinds the rally triggered by war‑related disruptions earlier this year.  The correction reflects both easing supply fears and broader macroeconomic headwinds, including a stronger US dollar and hawkish Federal

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Economy

Global currencies under pressure as dollar strengthens and yen weakens

The Japanese Yen weakened to its lowest level against the US Dollar in nearly four decades on the final trading day of the second quarter, as investors turned their attention to a series of major economic releases and ongoing geopolitical developments. The USD/JPY pair was around 162.00 mark during Asian trading, reaching its highest level

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Economy

Is the VELVET price rally over after its 300% surge?

VELVET price has remained near record highs after surging more than 300% in three days, although technical indicators and on-chain data suggest the rally is entering a more uncertain phase. According to CoinGecko data, VELVET climbed from around $0.39 on June 26 to an all-time high above $2 on June 29 before easing to about

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Economy

Morgan Stanley trims oil forecasts as Hormuz flows rebound

Morgan Stanley has cut its oil price forecasts for the second half of 2026, citing a faster‑than‑expected return of flows through the Strait of Hormuz.  Bloomberg reported that the bank sees Brent crude averaging lower than previously projected as supply disruptions ease. At the time of writing, the Brent crude contract on the Intercontinental Exchange

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