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The US stock market has gotten off to a shaky start in 2025. However, things took a turn for the worse with the arrival of US President Trump’s Liberation Day economic policy. Indeed, Goldman Sachs has recently said that the Trump tariff plan now puts the US in an ‘event-driven’ bear market. Wall Street rebounded notably to start Tuesday before things plummeted. Specifically, the Dow Jones Index erased 1,400 points gained after the Trump administration announced it would be placing 104% tariffs on China. With many expecting a trade war, experts are not optimistic about what this could mean for investment markets in the short term. Source: The New York Times Also Read: Analyst Explains When the US Stock Market Will Rebound Goldman Sachs Speaks on Trump Tariff-Driven Bear Market of 2025 There is no denying that the US stock market is in a concerning spot just three months into the year. Mega-cap stocks like Nvidia (NVDA) and Tesla (TSLA) had been declining and failed to ...

The crypto and the global non-fungible token market are currently facing a tough bear market season, which has left the flagship crypto “Bitcoin” and NFTs far below its 2024 peak. In light of the ongoing bear market, the “Crypto is Bullshit,” a non-fungible token collection from Beeple, has come back to life a resold for nearly a million dollars. This NFT collection has climbed to the top five most-selling NFT collections. Beeple’s Special Edition Tops Amid Crypto Bear Market Data compiled by cryptoslam.io, an-chain crypto market data aggregator and a renowned non-fungible token explorer, shows that the Beeple Special Edition, a non-fungible token collection that Features NFT collection like ‘Crypto is Bullshit’ and ‘Politics is Bullshit,’ has surged in sales volume today. In the past 24 hours, the Beeple Special Edition NFT series has amassed a trading sales volume of $905,481, taking the fourth position in the NFT market ch...

After a two-week slump pushing the global crypto market cap to $1.03 trillion, a resurgence led by token s like Sei, CyberConnect, and Akropolis elevates it to $1.1 trillion. The crypto ecosystem has been struggling over the past two weeks, with the global market cap dropping to a local low of $1.03 trillion on Aug. 23. With the recent news around the Grayscale Bitcoin (BTC) exchange-traded fund (ETF), the industry has gained traction again. According to data provided by CoinMarketCap (CMC), the global crypto market capitalization is getting close to the $1.1 trillion mark — with a 4.2% rise in the past 24 hours — as most of the top assets have turned green. Here are the top 10 gainers among the leading 500 crypto currencies:  Top 10 cryptocurrencies of August 2023 | Source: CoinMarketCap Sei token (SEI) is leading the list with 1,758% gains since its launch on Aug. 14. The asset was soon listed on Binance, Coinbase and Bitfinex, among other exchanges, resulting in a 2,60...

Like birds of the same feather, well-established firms from the crypto space have collapsed one after the other this year. FTX’s downfall last month took the entire space by surprise. Evidently, the arrest of the exchange’s founder Sam Bankman-Fried was cheered by the people from the industry. In a recent interview with Bloomberg, Tron founder Justin Sun acknowledged the same. Opining on the how the ongoing sluggish phase is perhaps coming to an end, Sun said, “I believe, first of all, the fall of FTX probably marks the end of the crypto bearish market. I believe this is the last bad news we have.” Even though the landscape seems to be comparatively less wobbly now, it should be noted that the domino effect is still on. As reported earlier during the day, US-based publicly traded Bitcoin mining company Core Scientific is one of the latest firms to file for for Chapter 11 bankruptcy protection in Texas. tRON g>Read More: Bitcoin Mining Firm Core Scien...