Recap

TL;DR Bitcoin peaked at $49,000 earlier in January, then declined below $40,000. Experts predict a potential rally, with some envisioning a spectacular new ATH. Ripple is engaged in an intensifying legal battle with the…

TL;DR Bitcoin’s price fluctuates following the approval of spot Bitcoin ETFs in the US; experts laid out diverse future value predictions. Shiba Inu sees a significant increase in burn rate, with millions of tokens removed…

Taiwan's Presidential election was held over the weekend. William Lai, of the pro-sovereignty Democratic Progressive Party (DPP) has been elected President. The party has governed Taiwan for the past eight years. This will be its third…

The Chinese Caixin Manufacturing PMI for December beat expectations:Manufacturing PMI 50.8 vs. 50.4 expected and 50.7 prior.Output and new orders both increase at quicker rates.firms maintain a cautious approach to…

The British pound was king of pips this week, edging out the U.S dollar who fell from the top spot in the final moments of trade due to weak U.S. updates on Friday. On the other end of the spectrum, the Japanese yen lost big…

The New Zealand Services PMI for November jumped back into expansion:Services PMI 51.2 vs. 49.2 prior.BNZ Senior Economist Doug Steel:“Despite November’s lift, the PSI remains below its long-term norm of 53.5. And the combination of…

China’s inflation data over the weekend surprised to the downside as the economy continues to face deflationary pressures:CPI Y/Y -0.5% vs. -0.1% and -0.2% prior.CPI M/M -0.5% vs. -0.1% expected and -0.1% prior.Core CPI Y/Y 0.6%…

The past week was particularly explosive in the crypto markets, the capitalization of which increased by close to $200 billion. Currently standing at $1.7 trillion, the industry shows little signs of slowing down. Starting…

BoJ Noguchi reiterated the central bank’s focus on wage growth to reach their 2% target sustainably with no policy change in sight:It's true the impact of elevated global inflation is reaching Japan's economy with consumer…

BoJ Governor Ueda continues to be uncertain about them hitting the 2% target sustainably:Cannot say with conviction that inflation will hit 2% sustainably.Japan economy is recovering moderately.The output gap has narrowed to…