Crypto markets have lost more than 12% or almost $400 billion since the Sunday peak, and one of the largest losers has been Ethereum. ETH pricescrashed to their lowest levels in 16 months, plunging 15% to $2,035 during early trading in Asia on Tuesday morning. The last time ETH traded below $2,000 was in November
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A Delaware judge on Monday opened the door to the possibility of a renewed bidding war for Paramount Global that could thwart the media giant’s $8 billion deal to merge with Hollywood movie studio Skydance Media. Early last month, New York City’s public pension funds sued to block the Skydance merger agreement, whose exclusive terms
Shares of China’s largest bubble tea and drinks chain Mixue Group jumped nearly 30% on their first day of trading on the Hong Kong Stock Exchange on Monday after the firm raised $444 million in an initial public offering. Mixue sold 17 million shares in the deal at a fixed price of HK$202.50 ($26.04) each. The
close video Bird flu could potentially be the ‘worst outbreak ever,’ Eggs Unlimited VP says Vice president of Eggs Unlimited Brian Moscogiuri explains why egg prices will continue to soar as the bird flu outbreak slows production. Industry experts know the solution to the current egg crisis will not be a quick fix, but they
close video We have to tackle deficits in this resolution bill: Taylor Riggs ‘The Big Money Show’ panel discusses the impact of Trump’s agenda on American taxpayers. Bridgewater Associates founder Ray Dalio said on a recent podcast that the U.S. could be headed towards a future "economic heart attack" without government action. He told Bloomberg’s "Odd
close video The markets were playing a game of cat and mouse, Kenny Polcari explains The Claman Countdown panelists Kenny Polcari and Simeon Hyman analyze how the markets will respond to a tariff on Canada and Mexico. President Donald Trump's new tariffs on China, Canada and Mexico took effect at midnight Tuesday morning, increasing the taxes
close video How would US-Canada tariffs impact the lumber industry? FOX Business’ Kelly Saberi reports on how tariffs on Canada will impact the U.S. lumber supply and production. President Donald Trump on Saturday signed two executive orders that call for immediately expanding American lumber production and addressing lumber imports' threat to national security. The orders
Yesterday, March 2, US President Donald Trump announced the establishment of a US strategic crypto reserve designed to bolster Americas position in the crypto sector. The reserve will initially include major cryptocurrencies such as Bitcoin, Ethereum, XRP, Solana (SOL), and Cardano (ADA) – not Dogecoin (DOGE). In the wake of this announcement, the broader cryptocurrency
close video Is Palm Beach the new Wall Street of the south? John Wilson of Douglas Elliman on the hot Palm Beach real estate market Palm Beach and West Palm Beach have been experiencing a very active real estate market. Both places are located within Palm Beach County in sunny South Florida, with the former
close video FOX Business Flash top headlines for February 28 Check out what’s clicking on FoxBusiness.com. A Delta Air Lines flight departing from Boston reversed course after a "smoky odor" was detected in its cabin on Sunday. Flight 1398, which left Logan International Airport at 8:55 a.m. on Sunday morning, was supposed to land in
close video US deal for Ukrainian minerals would be a deterrent to Russia: Former CIA officer Former CIA covert operations officer Mike Baker discusses the Trump administrations efforts to bring peace between Russia and Ukraine on Varney & Co. Earlier this year, Donald Trump announced that he would like Americans to have more babies and
close video Trump is bringing diplomacy back onto the world stage: White House deputy press secretary White House deputy press secretary Harrison Fields joins The Bottom Line to give his take on President Donald Trumps fiery exchange with Ukrainian President Volodymyr Zelenskyy in the the Oval Office. President Donald Trump revealed his intent to move
It’s safe to say that the bears dominated the past few days in the cryptocurrency markets, as bitcoin’s price dumped to a new multi-month low of $82,000 on Wednesday evening. Such a massive price move in either direction hints at further volatility for the underlying asset, but one particular analyst believes the bear market might
Around 58,000 Bitcoin options contracts will expire on Friday, Feb. 28, and they have a notional value of roughly $4.7 billion. This weeks expiry event is larger than usual because it is the end of the month. However, the impact on spot markets is likely to be minimal as theyre already reeling from US President
Ripple, the blockchain infrastructure provider behind the open-source, public blockchain XRP Ledger (XRPL), has unveiled its development plans for the network in 2025, building on already existing features. According to a blog post, Ripple will focus on enhancing XRPLs institutional decentralized finance (DeFi) ecosystem this year, with a focus on regulatory compliance, programmability, and expanded
The Bitcoin price has experienced such severe downward pressure and volatility that many are starting to believe that the bear market may have begun. While some analysts hope for a price reversal to the upside, others predict a further crash to $70,000, eradicating almost all gains achieved after the US election rally . Popular crypto
The Federal Bureau of Investigation (FBI) has officially attributed the recent $1.5 billion cyberattack on cryptocurrency exchange Bybit to North Korea’s state-sponsored Lazarus Group. The attack, which occurred on February 21, saw hackers infiltrate one of Bybit’s cold wallets and steal over 41,000 ETH. This breach added to a growing list of high-profile cryptocurrency heists
Cardano price started a fresh decline from the $0.70 zone. ADA is now consolidating losses and at risk of more losses below the $0.60 level. After a decent increase, Cardano faced resistance near the $0.70 zone. ADA formed a short-term top and recently started a fresh decline, like Bitcoin and Ethereum. There was a move
close video Trump touted for ‘clever’ minerals deal with Ukraine amid push for peace National security analyst Rebecca Grant joined ‘FOX & Friends First’ to discuss the importance of the minerals deal with Ukraine, the UK prime minister’s upcoming White House visit and the latest on the ceasefire deal with Hamas. President Donald Trump says
close video McDonald’s beating earnings and revenue estimates a ‘good indicator’ for economy, expert says MJP Wealth Advisors President Brian Vendig and ‘Payne Points of Wealth’ podcast host Ryan Payne discuss Big Tech reporting and key earnings and revenue estimates for McDonald’s. McDonald’s CEO Chris Kempczinski on Wednesday offered three predictions for trends that the
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