Jerry Lin
The Latest
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Bitcoin Sinks 50% in Four Months as ETF Outflows and Risk-Off Trades Rattle Crypto Markets
Bitcoin has fallen roughly 50% over the past four months, sliding to around $60,000 and shaking investor confidence as institutional money exits the market and a broader retreat from risk assets gathers pace. The sell-off has coincided with heightened geopolitical uncertainty, heavy withdrawals from crypto-linked exchange-traded funds and renewed volatility across global markets. 
Bitcoin has fallen roughly 50% over the past four months, sliding to around $60,000 and shaking investor confidence as institutional money exits the market and a broader retreat from risk assets gathers pace. The sell-off has coincided with heightened geopolitical uncertainty, heavy withdrawals from crypto-linked exchange-traded funds and renewed volatility across global markets. -
Bitcoin Faces Trust Test as Epstein Donations to MIT Lab Stir Debate Over Crypto’s Origins
Bitcoin, long marketed as a financial system free from elite influence, is facing renewed scrutiny after newly resurfaced emails linked Jeffrey Epstein to funding streams connected to early cryptocurrency research. The disclosures have unsettled some investors and reignited debate over whether Bitcoin's formative ecosystem was as independent as its mythology suggests. 
Bitcoin, long marketed as a financial system free from elite influence, is facing renewed scrutiny after newly resurfaced emails linked Jeffrey Epstein to funding streams connected to early cryptocurrency research. The disclosures have unsettled some investors and reignited debate over whether Bitcoin's formative ecosystem was as independent as its mythology suggests. -
Trump Nominates Kevin Warsh as Fed Chair, Testing Central Bank Independence at Pivotal Moment
President Donald Trump on Friday nominated former Federal Reserve governor Kevin Warsh to succeed Jerome Powell as chair of the U.S. central bank, a move that caps months of speculation and places a longtime Fed critic at the helm during one of the most politically charged periods in the institution's modern history. The nomination immediately revived debate over Federal Reserve independence as inflation remains above target and the White House intensifies pressure for easier monetary policy. 
President Donald Trump on Friday nominated former Federal Reserve governor Kevin Warsh to succeed Jerome Powell as chair of the U.S. central bank, a move that caps months of speculation and places a longtime Fed critic at the helm during one of the most politically charged periods in the institution's modern history. The nomination immediately revived debate over Federal Reserve independence as inflation remains above target and the White House intensifies pressure for easier monetary policy. -
IRS Rule Changes Ahead of 2026 Filing Season Could Cut Taxes for Up to 1 Million Filers
A late-stage administrative overhaul at the Internal Revenue Service, combined with tax relief legislation enacted last summer, could reduce tax liabilities for as many as one million Americans as the 2026 filing season begins, according to Treasury and agency officials familiar with the changes. 
A late-stage administrative overhaul at the Internal Revenue Service, combined with tax relief legislation enacted last summer, could reduce tax liabilities for as many as one million Americans as the 2026 filing season begins, according to Treasury and agency officials familiar with the changes. -
Gold Tops $4,670, Silver Nears $94 as Trump’s Greenland Tariff Threat Jolts Global Markets
Gold and silver surged to fresh record highs while European equities fell sharply after Donald Trump threatened sweeping tariffs on eight European countries in an escalating campaign tied to his demand for U.S. control of Greenland. The move has intensified geopolitical anxiety, driving investors toward safe-haven assets and pressuring risk-sensitive stocks across Europe. 
Gold and silver surged to fresh record highs while European equities fell sharply after Donald Trump threatened sweeping tariffs on eight European countries in an escalating campaign tied to his demand for U.S. control of Greenland. The move has intensified geopolitical anxiety, driving investors toward safe-haven assets and pressuring risk-sensitive stocks across Europe. -
China’s Trade Surplus Hits $1.2 Trillion as U.S. Shipments Fall 20% Under Trump Tariffs
China closed 2025 with a record trade surplus of nearly $1.2 trillion, powered by stronger-than-expected exports to non-U.S. markets even as shipments to the United States plunged under renewed tariff pressure from United States President Donald Trump. 
China closed 2025 with a record trade surplus of nearly $1.2 trillion, powered by stronger-than-expected exports to non-U.S. markets even as shipments to the United States plunged under renewed tariff pressure from United States President Donald Trump. -
Gold Tops $4,500 as Silver Breaks $70, Capping Precious Metals’ Best Year Since 1979
Gold and silver surged to record highs this week, extending a powerful rally that has made precious metals among the best-performing assets of 2025 and placed them on track for their strongest annual gains since the late 1970s, as investors sought protection from geopolitical risk, a weakening dollar, and expectations of easier U.S. monetary policy. 
Gold and silver surged to record highs this week, extending a powerful rally that has made precious metals among the best-performing assets of 2025 and placed them on track for their strongest annual gains since the late 1970s, as investors sought protection from geopolitical risk, a weakening dollar, and expectations of easier U.S. monetary policy. -
U.S. GDP Surges 4.3% in Third Quarter as Consumer Spending and Exports Power Growth
The U.S. economy expanded at a sharply faster pace than expected in the third quarter, according to a long-delayed government report that underscored the resilience of consumer spending even as inflation pressures intensified and economic momentum showed signs of uneven distribution. 
The U.S. economy expanded at a sharply faster pace than expected in the third quarter, according to a long-delayed government report that underscored the resilience of consumer spending even as inflation pressures intensified and economic momentum showed signs of uneven distribution. -
U.S.–EU Tech Clash Escalates as Washington Warns of Retaliation After €3B in Fines on Google, Apple and Meta
A deepening rift between Washington and Brussels over the regulation of large technology companies is hardening into a transatlantic confrontation, with U.S. officials warning that European champions such as Spotify could face countermeasures after the European Union imposed multibillion-euro penalties on American firms including Google, Apple and Meta. The dispute centers on the EU's Digital Markets Act and Digital Services Act, which U.S. officials argue disproportionately burden U.S.-based companies operating in Europe. 
A deepening rift between Washington and Brussels over the regulation of large technology companies is hardening into a transatlantic confrontation, with U.S. officials warning that European champions such as Spotify could face countermeasures after the European Union imposed multibillion-euro penalties on American firms including Google, Apple and Meta. The dispute centers on the EU's Digital Markets Act and Digital Services Act, which U.S. officials argue disproportionately burden U.S.-based companies operating in Europe. -
U.S. Unemployment Hits 4.6%, Defying Forecasts as Labor Market Cooling Deepens
U.S. unemployment rose to 4.6% in November, the highest level since 2021, delivering an unexpected jolt to markets and policymakers already grappling with signs that the labor market is losing momentum heading into 2026. 
U.S. unemployment rose to 4.6% in November, the highest level since 2021, delivering an unexpected jolt to markets and policymakers already grappling with signs that the labor market is losing momentum heading into 2026.