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Gold prices extended their slide on Thursday, trading at around $3,220 per ounce during pre-market hours, as traders welcomed signs of progress in trade talks between the U.S. and countries facing President Trump's hefty tariff hikes.
The investor argues the U.S. is emerging from a three-year “stealth recession” and forecasts a productivity-driven economic boom led by innovation-focused companies. She expects falling interest rates, lower inflation
Just one week ago, China seemingly couldn't get enough of gold, and the price of spot briefly touched a record $3500 as a result of, among other things, staggering inflows into Chinese gold ETFs such as the Huaan Yifu, Bosera and Guotai gold ETFs.
Several analysts have forecast that benchmark crude will remain below $65 per barrel in 2025, a price level at which oil producers are unable to raise production.
White House trade adviser Peter Navarro downplayed the first-quarter GDP contraction, calling it the “best negative print” he’s seen and attributing the dip to a surge in pre-tariff imports rather than underlying economic weakness.
Chicago, IL - April 30, 2025 - Financial Tech Wiz, a leading provider of trading education, released new data confirming that Wednesday, April 9, 2025, marked the third-biggest single-day percentage gain in history for the Invesco QQQ Trust (Nasdaq-100 ETF). QQQ surged about 12%, while the SPDR S&P 500 ETF (SPY) climbed 9.41%, after the U.S. administration announced a 90-day suspension of proposed import tariffs, instantly easing macro-fear that had gripped markets through late March.
Grass-roots Solana memecoin announces that volunteer contributors are evaluating a fully-collateralized exchange-traded product aimed at giving traditional investors regulated, ISIN-listed exposure to Buttcoin's on-chain assetNEW YORK - April 30, 2025 - PRLog -- The community-run Buttcoin Foundation today announced that contributors have launched a feasibility study aimed at bringing a fully collateralised spot Buttcoin exchange-traded product (ETP) to the SIX Swiss Exchange.The working group—co-ordinated in the project's public Telegram channel and on the official website—is analyzing Swiss regulatory pathways, custody mechanics and liquidity provisioning. More information on Buttcoin are available at the "All Links" hub."Buttcoin started as pure fun, but a SIX listing would put it on the same Bloomberg screens that track gold ETFs," said John Locke, a pseudonymous representative of the Foundation. "That level of access could accelerate $BUTTCOIN toward a nine-figure market cap, as it would give traditional portfolio managers a ticker they can buy with one click."Since its early-2025 debut, Buttcoin has reached an estimated ≈ USD 40 million market cap, before retracing, processed millions of on-chain transfers at contract FasH397CeZLNYWkd3wWK9vrmjd1z93n3b59DssRXpump and built a community of 10 000 followers on X and 7 500 Telegram members. Liquidity can be viewed on aggregators like Dex Screener and purchased with crypto via Decentralized Exchanges, or with Apple Pay/Credit Cards on Moonshot.The Foundation also oversees Buttstrategy—the first Buttcoin Fund and publishes a weekly investor bulletin, Buttcoin Magazine, both of which will cover progress of the ETP initiative.The feasibility study is expected to conclude in Q3 2025, after which the community will decide whether to submit an official prospectus to SIX and Swiss regulators.This announcement is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any security. Any potential ETP launch remains subject to regulatory approval, community governance and prevailing market conditions.
