Global trade wars feel distant, abstract. For those of us who are fortunate to live and work in Africa, they most certainly are not. For someone like me, based in Accra, the White House’s mixed messages on technology tariffs are more than just clickbait. In particular, they would threaten our...
Okay, let's be honest. When the tariff news broke, my first reaction wasn’t so positive. But uncertainty, particularly when related to global economics, never is. We saw the ground beneath the market shake and got a nervous stomach. What would this mean for the technology sector as a whole? Inhale...
After the recent instability in Bitcoin’s price, it has stabilized above $84,000 since East Asian markets opened for the week. This continued stability occurs despite continued mixed signals from the U.S. regarding semiconductor tariffs. Meanwhile, positive developments are taking place across Asian crypto markets, particularly in Hong Kong. The resulting...
The semiconductor industry is aflutter with enthusiasm. It’s not just fiction, either — the Taiwan Semiconductor Manufacturing Company (TSMC) is accelerating the construction of another fabrication plant in Arizona. This action will greatly help increase the supply of chips produced right here in the United States. It gets right to...
The market just doing what market’s gonna do! To be clear, the U.S. auto industry isn’t throwing a parade—yet. Bitcoin options traders are starting to lose their nerve as they panic –– attempting to unload those call options that are bullish. Are you worried? Don't be. Seriously. It’s a blip,...
Let’s face it – when it comes to Trump’s trade policies, they’ve been a wash, at best. While the danger of future tariffs remains, and we should be rightfully worried about their destabilizing effect on global trade, we all know it. What if there actually is a silver lining, an...
Even by the volatile standards of the cryptocurrency market, this past week has been a wild ride even for more seasoned investors. Geopolitical tensions related to the tariff policies of former President Donald Trump, changes in market sentiment, and crypto’s built-in risks are in the mix. Combined, they’ve conspired to...
The volatility of cryptocurrency goes without saying. Recent events have made clear how vulnerable it is to sweeping global economic and political shocks. Last week, Bitcoin went on one crazy rollercoaster ride. It fell under $76,000 on Tuesday but rebounded sharply, reaching an approximate $82,500 by Friday. What triggered this...
Okay, let's be real. Watching Bitcoin freefall under $84,000 after Trump’s tariff threats might have had you grinding your teeth. Another potential market disruption? Feels like we can’t win for losing, huh? Wait, before you hit that sell button, hold on. Well, let me be the first to say that...
Bitcoin’s price fell more than 2% on Sunday, dropping to $83,482 in Asia trading hours. This decline mostly undid the previous week’s progress, with Bitcoin missing out on the bull run of the equity markets. The fall came alongside erratic and confusing signals from the Trump administration on whether potential...