Trump Administration Developing Strategy for Tech Firms to Cover Complete Expenses of AI Data Center Energy and Water Usage
Trump Administration Weighs New Costs for Data Centers Amid Rising Electricity Prices As electricity prices continue to increase across the United States, the Trump administration is exploring policies that might require technology firms with data centers to cover all related utility and infrastructure expenses. Peter Navarro, President Trump’s adviser on trade and manufacturing, announced on […]
Yen declines following weak growth data; dollar remains stable
This illustration shows yen and dollar bills for March 2023. The yen fell today, reversing some of last week’s strong gains on weak growth data, while the dollar firmed as recent inflation data confirmed the Federal Reserve’s view that it will cut interest rates this year. LONDON >> Today, the yen weakened due to disappointing […]
Is Bitcoin Facing a Sell-Off or a Buying Opportunity? Insights from Current On-Chain Data
Bitcoin’s Market Status: Tipping Point Insights Bitcoin seems to be at a crucial moment, with traders caught between two scenarios: a full capitulation or the beginning of a prolonged bottoming process. In a video commentary on February 15th, CryptoQuant analyst Martun indicated that recent data could suggest the latter, although he advised that any potential […]
British Pound remains steady against USD as traders focus on UK data and FOMC minutes
The GBP/USD currency pair has begun the week on a relatively steady note, remaining in a tight range just below the $1.3600 mark during Asian trading hours. There’s a mixed economic backdrop that calls for a bit of caution among traders as they anticipate significant reports from both the UK and the US this week. […]
Asian shares remain low due to holidays and poor economic data from Japan.
Asian stocks held steady on Monday, consolidating their recent strong gains, though trading was thin due to the Lunar New Year holiday. Light economic data from Japan added some spark to an already robust market. With many markets, including those in China, South Korea, and Taiwan, closed, currencies and bonds have settled down, but precious […]
Bitcoin On-Chain Data Shows Increased Volatility Expected After CPI Reaction
Bitcoin’s Recent Turbulent Week Bitcoin faced yet another challenging week, continuing the downward trend that’s been prevalent in the market for several months. Although there was a slight stabilization late Friday, major cryptocurrencies remain constrained around the $69,000 mark. Analysts are still turning to on-chain data to gauge investor behavior and predict Bitcoin’s path in […]
Blockchain Lending Company Figure Acknowledges Customer Data Breach
Simply put Figure confirmed that it experienced a data breach due to a social engineering attack that targeted its employees. The files that were stolen included personal information such as names, addresses, dates of birth, and phone numbers. The publicly traded financial company is offering free credit monitoring to those affected by the breach. Figure […]
IRS tax refunds have increased by 10.9% this season, according to early filing data.
D Keine | E+ | Getty Images Early filing data from the IRS indicates that the average tax refund has risen by 10.9% compared to the same period last year. The 2026 tax season kicks off on January 26th. As of February 6, the average refund amount reported by the IRS is $2,290, an increase […]
Will the Stock Market Experience a Crash in 2026? Here’s What the Data Indicates.
Key Takeaways Valuation trends indicate the stock market may be approaching its limits. Though some parallels exist between the AI boom and the dot-com era, significant differences are also present. Investors are moving away from unstable growth stocks in favor of reliable blue-chip stocks. The last few years have been quite a ride for growth […]
Pound holds steady at 1.3600 against the dollar as traders look to US CPI data
GBP/USD Outlook Amid Economic Uncertainty The GBP/USD pair has been somewhat tentative during Friday’s Asian session, hovering just above the 1.3600 level. Traders seem to be holding back, waiting for the US consumer inflation data before making any strong moves. The upcoming US Consumer Price Index (CPI) report will significantly impact expectations regarding the Federal […]