Economy

Economy
Economy

Bitcoin price hits 200-week trendline amid record ETF outflows and liquidations

Bitcoin is trading near one of its most closely watched long-term technical levels after a sharp selloff pushed the cryptocurrency toward the low-$60,000 region. The decline comes at a time when spot Bitcoin exchange-traded funds (ETFs) are experiencing an extended period of capital outflows, while liquidations across the crypto market have surged to their highest

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Economy

US private employers add 122,000 jobs in May, beating estimates, ADP says

US private-sector hiring strengthened in May, offering fresh evidence that the labor market remains resilient despite rising inflation and uncertainty stemming from geopolitical tensions in the Middle East. According to data released Wednesday by payroll processor ADP, private employers added 122,000 jobs last month, exceeding economists’ expectations of 110,000 and marking the strongest pace of

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Economy

UK car registrations rise 6% in May as EV demand accelerates

British new car registrations increased by about 6% in May compared with the same month a year earlier, supported by robust demand for plug-in vehicles, according to data released by New Automotive on Wednesday. Battery electric vehicles (BEVs) continued to gain market share, accounting for 27% of all new vehicle registrations during the month. The

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Economy

Why is the ZEC price still bullish despite the 3-hour Zcash outage

The Zcash network experienced a halt lasting roughly three to four hours, according to blockchain status observations reported on June 3, 2026. But despite this disruption, the price has held firm, with ZEC trading around $619.05 at press time, showing a 6.29% gain in the 24 hours and maintaining a tight range between $560.69 and

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Economy

India deploys $1B shield as jet fuel tensions likely to linger

India has announced an INR 100 billion ($1.05 billion) fuel stabilisation fund to protect its airlines from volatile jet fuel prices triggered by the ongoing Middle East conflict.  The move comes as global analysts warn that recent signs of relief in the jet fuel market may prove short-lived, with the peak summer travel season still

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Economy

LINK crypto price outlook as Chainlink Data Standard launches on AWS Marketplace

Chainlink’s LINK token continues to trade under bearish pressure even as the project strengthens its position in institutional blockchain infrastructure through a new distribution channel on Amazon Web Services (AWS). Despite the institutional progress, LINK’s price action remains bearish across multiple timeframes, with technical indicators showing sustained downside momentum. The token is trading around $8.50,

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Economy

Why Nvidia stock is slipping around 3% today

Nvidia (NVDA) shares remained under pressure on Wednesday, falling around 3% to trade near $216 as investors continued to rotate toward other areas of the artificial intelligence hardware ecosystem. The decline followed a volatile session on Tuesday when Nvidia shares briefly climbed above $230 before reversing course and ending the day down 0.7%. While Nvidia

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Economy

USA Rare Earth secures up to $1.6B CHIPS funding for US expansion

USA Rare Earth announced definitive agreements with the US Department of Commerce that provide access to up to $1.6 billion in funding under the CHIPS Act to support the development of a domestic rare earth supply chain. The agreements formalize an earlier announcement that the Trump administration would support a $1.6 billion debt-and-equity funding package

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Economy

CHZ surges 7% on Chiliz fan token partnership

Chiliz has emerged as one of the best-performing cryptocurrencies among the top 100 by market capitalization on June 2nd. The token is up 7% over the past 24 hours and has climbed above the $0.03500 level. The positive performance comes as Chiliz announces a key partnership. In addition, CHZ’s technical indicators have turned bullish, suggesting

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Economy

FTSE 100 rises as mining stocks rally on stronger metal prices

The UK’s blue-chip index advanced on Tuesday, supported by gains in mining-related shares as base metal prices strengthened, while energy stocks came under pressure following a decline in crude oil. Broader sentiment was also influenced by geopolitical developments, including renewed expectations of progress in US–Iran talks. The FTSE 100 rose 0.4% to 10,377.4 points by

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