Coinbase shares decline as reduced crypto volatility slows down trading activity.
Coinbase Stock Experiences Significant Drop Coinbase’s stock saw a steep decline of 14%, marking the most substantial drop in intraday trading since April. This downturn follows a disappointing quarterly earnings report, which was affected by reduced trading volumes. For the second quarter, the company’s revenues climbed 3.3% year-on-year to reach $1.5 billion, falling short of […]
Goldman Sachs slows down layoffs following a strong second quarter
Goldman Sachs has opted to cancel the second round of job cuts initially planned for this year, as the investment banking sector delivered surprisingly strong results. According to the Financial Times, which referenced anonymous sources, robust investment banking fees and impressive performance from traders under CEO David Solomon have led to this decision to hold […]
Institutions Are Accumulating Bitcoin and Ethereum as Retail Interest Slows Down
Simply put The cryptocurrency market has reached a level of maturity, with increased interest from institutions in digital assets. Both traditional financial institutions and retail investors are showing engagement not seen since the last bull market. Institutional investors tend to focus on Bitcoin and Ethereum, while retail is leaning more towards altcoins. WinterMute, a traders’ […]
China’s Economic Growth Slows Due to Tariffs
China’s Economic Growth in Q2 2025 China’s economy saw a growth of 5.2% in the second quarter of 2025, as reported by the Chinese government. This figure is a slight drop from the 5.4% growth in the first quarter but is better than the expected forecast of 5.1% from analysts. Various media outlets have interpreted […]
EUR/USD surge slows down at multi-year peak due to tax bill and rising yields
The EUR/USD has dipped from 1.1830 as the US tax bill moves past the Senate and the Treasury experiences a rebound. Recent US data seems to back the Fed’s cautious approach. Powell remains undecided about a rate cut in July. ECB’s De Guindos indicated that EUR/USD exceeding 1.2000 could complicate matters. Economic data from the […]
China’s Communist Party Ages and Slows Down as Young People Become Disillusioned
Chinese Communist Party Membership Statistics Revealed The Chinese government released its annual statistics on the Communist Party on Monday, indicating that membership has increased by only 1.1%, while the number of younger members, specifically those under 35, has dropped. According to the state-operated newspaper Global Times, this slight growth in numbers was showcased as proof […]
Increase in NYC dogs attacked by other dogs without repercussions as state bill to fix legal gap slows down: ‘This shouldn’t occur’
Dog attacks in the city remain a serious concern, with other dogs attacking pets without repercussions. This issue has intensified following a particularly alarming incident involving a Chihuahua, according to animal activists. Resident Jennifer Bull from the Upper West Side recounted how her 13-year-old Chihuahua mix, Forest, was attacked at Riverside Park earlier this month. […]
U.S. Economy Shrinks in First Quarter as Imports Rise and Spending Slows Down
The U.S. economy experienced a contraction in the first quarter of 2025, as consumer spending slowed down. The recent government data revealed a deeper decline than originally expected, largely driven by a surge in imports that widened the trade gap. According to the Commerce Department, the gross domestic product (GDP) dropped at an annual rate […]
Effort to secure pension for children of fallen NYPD officer Miosotis Familia slows in Albany: ‘It’s shameful’
Pension Bill for Murdered NYPD Officer’s Children Stalled The effort to secure pensions for the children of slain NYPD officer Miosotis Familia has hit a frustrating snag, prompting criticism from some lawmakers who are calling the situation a “disgraceful” political maneuver. Following Familia’s tragic death in 2017, state senator efforts were made to provide police […]
The Memo: Trump slows down, slightly, on participating in Israel’s attack on Iran
President Trump is taking a cautious approach regarding U.S. involvement in Israel’s actions against Iran, at least for the moment. According to a statement from White House Press Secretary Karoline Leavitt, Trump indicated he will decide on the matter within the next two weeks. Leavitt also noted that there may be a “substantial opportunity for […]