"In a recent disclosure by the U.S. Treasury Department, officials have minimized the significance of cryptocurrencies in the financial operations of Palestinian militant factions Hamas and the Palestinian Islamic Jihad (PIJ), challenging prevailing narratives about digital assets' role in global terrorism financing.
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A recent report from the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) highlights a concerning trend in the realm of digital finance, specifically pointing to Bitcoin as the predominant currency in transactions related to human trafficking and online child sexual exploitation (OCSE).
"Gold prices tumbled below the critical threshold of $2,000 per ounce, marking the lowest point in two months, as a U.S. inflation report that exceeded expectations dampened hopes for an imminent reduction in interest rates by the Federal Reserve.
"The stock market experienced a significant downturn on Tuesday, with the Dow Jones Industrial Average plummeting over 500 points, marking one of its steepest declines since March 2023. This sell-off was spurred by unexpectedly high inflation data for January, which has cast doubts on the anticipated series of Federal Reserve rate cuts that many investors had been banking on to bolster the equity market.
Debate in Washington over proposals for a national "gold reset" has escalated as lawmakers weigh whether revaluing U.S. gold reserves could help fund a federal Bitcoin stockpile, renewing comparisons to the Bretton Woods monetary system that anchored the postwar economy.
Bitcoin fell sharply on Tuesday, sliding below $90,000 for the first time since April and wiping out its 2025 gains as risk-off sentiment rippled through global markets. The decline coincided with a broader pullback in technology and AI-linked equities, intensifying scrutiny over the cryptocurrency's influence on asset prices as macro uncertainty deepens. By late afternoon, Bitcoin hovered near $91,000 after touching an intraday low of $89,259, according to FactSet.
Bitcoin's retreat to roughly $103,000 this week has rattled investors and revived debate over whether the cryptocurrency's rally is running out of steam. The drop, accompanied by declines across major tokens, follows a warning from Morgan Stanley that Bitcoin has entered its "fall season," a cyclical cooling period the bank says typically precedes weaker performance.
Gold prices slipped below the closely watched $4,000-per-ounce threshold on Monday, breaking a months-long winning streak that had made the precious metal one of 2025's standout investments. Spot gold fell 0.8% to $3,970.39 per ounce, while U.S. futures held just under $3,980. The decline marks the first time since October that gold has dipped below what traders consider a key psychological level.
Bitcoin's record-breaking run came to an abrupt halt this week as global policy moves sent shockwaves through digital asset markets. The cryptocurrency plunged below $110,000 following the trade truce between U.S. President Donald Trump and Chinese President Xi Jinping, coupled with a Federal Reserve rate cut that spurred investors to shift toward traditional assets.
The Federal Reserve lowered its benchmark interest rate for the second time this year on Wednesday, voting 10-2 to cut the federal funds rate to a range of 3.75% to 4%, even as the government shutdown limits access to key economic data. The move underscores the central bank's growing concern about slowing job growth, persistent inflation, and tightening liquidity in financial markets.
Shares of major U.S.-listed rare earth miners fell sharply Monday after officials in Washington said they expect Beijing to delay implementing export controls on critical minerals as part of ongoing trade negotiations between China and the United States.
Gold prices rebounded Thursday after a steep two-day decline, as investors sought safety amid persistent global uncertainty and growing expectations of Federal Reserve rate cuts. Analysts at JP Morgan reaffirmed their bullish long-term outlook, forecasting the metal to average $5,055 per ounce by the fourth quarter of 2026 and potentially climb to $6,000 by 2028.
Oil prices surged nearly 5% on Thursday after President Donald Trump announced sweeping new sanctions on Russia's largest oil producers, Rosneft and Lukoil, a move that immediately rattled energy markets and lifted global stock indices tied to the sector.
Japan's new Prime Minister Sanae Takaichi is preparing an economic stimulus package exceeding 13.9 trillion yen ($92 billion) in her first major policy initiative since taking office this week, according to government sources familiar with the plan. The package, aimed at easing inflation pressures on households and revitalizing strategic sectors, could be unveiled as early as next month.