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Deutsche Bank sees Bitcoin selloff as fading conviction

Deutsche Bank analysts attribute Bitcoin's sharp decline this year not to a single macroeconomic shock but to a gradual erosion of institutional and regulatory confidence. In a note released Wednesday, they highlighted three key drivers: sustained outflows from spot Bitcoin exchange-traded funds,......

US and China accelerate 'stormy divorce' in strategic sectors

The United States and China are methodically untangling economic ties in strategic sectors like semiconductors, food, and energy, in what the Wall Street Journal calls a "stormy divorce" between the world's two largest economies. China has committed about $1 trillion since early 2024 toward......

German chancellor Merz tours Gulf to diversify from US LNG dependence

Europe's reliance on liquefied natural gas from the United States and Russia surged to nearly 80 percent in January 2026, per Kpler analytics data, alarming European officials over the bloc's failure to diversify suppliers despite years of post-Ukraine invasion efforts. The United States accounted......

Global tech stocks lose $830 billion amid AI disruption fears

A relentless sell-off in technology stocks showed no signs of easing Wednesday as investors dumped software company shares over growing concerns that artificial intelligence will upend their business models. Sparked by Anthropic's launch of Claude Cowork AI plugins on January 30, the rout has now......

Gold prices fall after Trump-Xi call eases global tensions

Gold prices dropped sharply on Thursday after briefly surpassing $5,000 per ounce, as a phone call between U.S. President Donald Trump and Chinese President Xi Jinping calmed international tensions and diminished demand for the metal as a safe-haven asset. This decline caps a wildly volatile period......

Oil prices rise amid US-Iran tensions and US-India trade deal

Oil prices rebounded Tuesday after Monday's volatile session as traders assessed a historic US-India trade agreement potentially reshaping global energy flows and squeezing Russian oil revenues. Brent crude futures climbed nearly 2 percent, recovering from a 4 percent drop the previous day, while......

Cathie Wood urges investors to swap gold for Bitcoin

Cathie Wood, CEO of ARK Invest, is advising investors to abandon gold in favor of Bitcoin. She argues that the precious metal has reached extreme valuation levels not seen since the Great Depression. In a recent podcast appearance, Wood stated that as an aggressive investor, she would "consider......

Chinese solar stocks surge after Musk team's visits to Jinko Solar

Shares in Chinese solar companies soared after reports emerged of a team representing Elon Musk visiting major players, including sector leader Jinko Solar. State-backed Chinese media, including 21st Century Business Herald and Sina Finance, detailed the trips on Tuesday. They came days after Musk outlined......

United States and India boost mining ties after trade pact

U.S. Secretary of State Marco Rubio met with India's External Affairs Minister S. Jaishankar in Washington on Tuesday to celebrate a new trade agreement slashing American tariffs on Indian goods and expanding cooperation on critical minerals and energy security. The State Department talks followed......

Asian markets mixed as gold and oil rebound amid geopolitical tensions

Asian stock markets showed mixed results on Wednesday as investors processed a fresh pullback in U.S. technology stocks. Demand for safe-haven assets lifted gold prices, while escalating geopolitical strains boosted oil. Japan's Nikkei 225 index fell back after a strong gain the previous day. Analysts......

Michael Burry warns bitcoin drop could trigger cascading losses

Bitcoin extended its sharp early 2026 decline this week as Michael Burry, famed for betting against subprime mortgages before the 2008 crisis, cautioned that breaching key price thresholds could spark forced selling across the heavily leveraged crypto market. In a February 2 Substack post, Burry described......

Stephen Miran steps down from Trump advisory role

Stephen Miran, a former governor of the U.S. Federal Reserve, has resigned from his position as an economic adviser to former President Donald Trump, the White House confirmed on Tuesday. The decision follows the end of an arrangement that had drawn criticism over potential conflicts of interest between......

Bitcoin plunges to 10-month low amid $2 billion liquidation wave

Bitcoin tumbled below $75,000 over the February 1-2, 2026 weekend, hitting its lowest level since April 2025 in a brutal sell-off that triggered over $2 billion in liquidations. The drop briefly pushed the world's largest institutional Bitcoin holder into nearly $1 billion in unrealized losses. The......

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