Author: Leslie Stewart

Bitcoin fell sharply on Thursday, with the decline accelerating as risk sentiment weakened in part due to volatility in precious metals and sharp declines in tech stocks.The world’s largest cryptocurrency fell to a low of US$63,295.74, its lowest since October 2024, when Republican Donald Trump signaled his support for cryptocurrencies during his election campaign, a month before he won the US presidential election. The most recent drop was 12.6% to $63,525, marking the biggest single-day decline since November 2022.Approximately $1 billion in Bitcoin positions have been liquidated in the past 24 hours, according to data from CoinGlass.The global cryptocurrency market…

In a matter of hours, Bitcoin will break through several psychological price levels that could give crypto evangelists and TradFi newcomers sleepless nights. At the time of writing, the token has rebounded around $65,000 after falling to $60,000 on Friday. That’s certainly far from zero, but it’s well below October’s peak of $126,000 and lower than the average purchase price of $70,000 to $80,000 paid by exchange-traded funds and entities like Michael Saylor Strategy, which reported a $12.4 billion net loss on Thursday. This is mind-boggling, even for an asset with no intrinsic value known for epic drawdowns and Wild…

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Tuesday, January 27, 2026, Amazon Go store in New York, USA. Michael Nagle | Bloomberg | Getty ImagesOutplacement firm Challenger, Gray & Christmas said on Thursday that layoff plans marked the highest total layoffs in January since the global financial crisis, while hiring intentions fell to the lowest since the same period.U.S. employers announced 108,435 layoffs for the month, an increase of 118% from the same period last year and an increase of 205% from December 2025. The total was the highest for a January since 2009, even as the economy is in the final months of its deepest recession…

Barron Trump, 19, has been described as the brains behind his family’s cryptocurrency empire, which has raised hundreds of millions of dollars from Abu Dhabi. But behind the astronomical surge in wealth lies a dark world, with Miami billing itself as a hub for digital laundering, and “obfuscation” tricks that wipe out billions of people. “That kid is a genius”? I’m not sure.Barron’s estimated net worth is $150 million, meaning he has “overtaken” his mother, Melania Trump. How did this happen? By carving out a profitable niche through early adoption of cryptocurrencies.WLFI, tokens, and family playSince launching his family crypto…

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Top Shot – U.S. President Donald Trump (left) and Chinese President Xi Jinping arrive for a meeting at Gimhae Air Base adjacent to Gimhae International Airport in Busan on October 30, 2025.Andrew Caballero-Reynolds | AFP | Getty ImagesUS President Donald Trump said on Wednesday that he had a “long and thorough phone conversation” with Chinese President Xi Jinping, highlighting Iran, Russia’s war in Ukraine, China’s energy purchases and Xi’s planned visit in April as key talking points. However, a statement from the Chinese government cited Taiwan as the “most important issue” in bilateral relations and called on the United States…

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On January 9, 2026, a “Help Wanted” ad appears in Manhattan, New York City.Spencer Pratt | Getty ImagesThe Bureau of Labor Statistics announced Wednesday that the January employment report will be released next week after being delayed due to the brief government shutdown.The report, which is currently in the spotlight, is scheduled to be released on February 11, five days later than the original release date, according to the revised schedule.In addition, the BLS is scheduled to release its Recruitment and Turnover Survey on Thursday, which was originally scheduled for Tuesday. There are other delays as well. The consumer price…