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Bitcoin climbing past $115,000 over the weekend came as a bit of a surprise to some traders, and the rally was actually driven by renewed hopes around US-China trade negotiations that reached a preliminary framework agreement in Malaysia. The leading cryptocurrency gained around 3.5% on Sunday, rising from $110,960 to $115,400, which marks a pretty significant recovery. Right now, this momentum is being fueled by easing trade tensions between the world’s two largest economies, and investors are watching closely to see what happens next. Also Read: Elon Musk’s SpaceX Transfers Bitcoin for First Time Since July Bitcoin Climbing Again Amid US China Trade Talks and Price Predictions Source: AFP Trade Framework Sparks Bitcoin Climbing Rally The Bitcoin price jumped following announcements from U.S. Treasury Secretary Scott Bessent, who confirmed substantial progress had been made in US-China trade talks over the weekend. The Bitcoin climbing momentum was fueled by relief that the threa...

Gold achieved another milestone in its battle with bitcoin (BTC) today when, despite a 14X size difference, it not only rallied more than its digital rival in 2025, but also outperformed over the past 12 months . Indeed, gold hit an all-time high of $4,381 per ounce — a rally of 60.5% above its price 12 months ago. BTC, meanwhile, managed a 60% increase and sits 15% below its own peak. Polymarket traders remain bearish on BTC for the final days of October, too. The highest odds rate for a price that the asset will reach by Halloween is $100,000 at 42% betting odds. On Kalshi, a competing binary options betting marketplace, traders are accepting bets at 64% odds that BTC will fall below $100,000 this year. CHART: Trump’s second term has been better for gold than bitcoin Read more: Standard measure of bitcoin-gold correlation goes to zero Bitcoin was supposed to be digital gold. What happened? Gold holds the wealth of many nations and has served...

The Chinese Yuan is slowly moving on top of the currency radar. World politics has now started to support a diverse spectrum of currencies, including the yuan, which has now started to give stiff competition to the US dollar. The yuan’s usage in international domains has now started to spike, showcasing a rivalry that the US dollar may take a while to control and curb in the long run. Also Read: SCO Summit 2025: Digital Trading Platform To Be Launched To Bypass USD Chinese Yuan Is Replacing US Dollar in Africa, Asia Source: iStock A new report by Semfora outlines that the Chinese Yuan’s usage in Africa and Asia is spiking rapidly. The report stated that dollar-denominated loans in emerging nations have declined by 16% between the first quarter of 2022. This same decline has been noted in the year 2024, showing signs of gradual decay of the USD. Per Nikkei, Chinese banks have now started to dominate the lending domain in yuan-denominated loans. This trend has seen incredible popula...

In what is a shocking statistic, US politician Nancy Pelosi has seen her estimated net worth reach an all-time high figure of $271 million. Indeed, the 84-year-old is the 52nd speaker of the US House of Representatives, serving two nonconsecutive terms: from 2007 to 2011, and from 2019 to 2023. The democratic candidate has been mired in insider trading allegations throughout her political career. In June of this year, the politician had made 20 times her salary in a single trade. Specifically, the speaker and her husband, Paul Pelosi, have gained almost $4 million from Nvidia (NDA) call options. JUST IN: US Congresswoman Nancy Pelosi's estimated net worth rises to an all-time high of $271,000,000. How is this possible? pic.twitter.com/C4szifOsgx — Watcher.Guru (@WatcherGuru) December 6, 2024 Also Read: Nancy Pelosi Buys $5M Worth of Nvidia Call Options Nancy Pelosi Net Worth Hits All-Time High Following Trump Election Win Throughout November, several US finance markets have been s...