Category: touts
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Bitcoin dominance drops below 50% as Trump touts crypto reserve plan
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Bitcoin dominated 55.4 % to less than 50 % in hours that initially US President Donald Trump is that the country will include XRP, Solana and Cardano in “Crypto Strategic Reserve”. Trump later emphasized the social truth that Bitcoin (BTC) – as well as the ether (ETH) – will be…
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US dollar retreats from 2-year high as Trump touts ‘tremendous’ tariff power, but holds off on swift action
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The US dollar (DX = F, DX-Y.NYB) fell more than its highest levels in approximately two years on Friday, and fell to the lowest level in a month after President Trump said he was “preferred not” to impose customs duties on China. “We have a very large force on China,…
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Nvidia stock rises as CEO Jensen Huang touts ‘insane’ chip demand
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Nvidia (NVDA) stock jumped as much as 5% on Thursday as CEO Jensen Huang said demand for next-generation Blackwell chips was “insane.” In an interview with CNBC on Wednesday after the market closed, Huang confirmed that the chips are in “full production” despite recent design issues that have caused some…
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Biden administration finalizes solar lands plan, touts permitting progress By Reuters
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The Biden administration said Thursday it has completed a plan to expand solar power on federal lands in 11 Western states, part of a broader push to speed up permitting and construction of large infrastructure projects. The White House wants to speed up approvals for projects ranging from power transmission…
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Japan touts G20 reaffirmation of forex commitments as key achievement By Reuters
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Written by Makiko Yamazaki RIO DE JANEIRO (Reuters) – Japan sees the recent G20 joint statement’s affirmation of existing commitments against excessive exchange rate volatility as a major achievement, Japanese Finance Minister Shunichi Suzuki said on Friday. “We believe there have been significant achievements at the G20, such as including…