Jerry Lin

Jerry Lin

The Latest

  • U.S. Prosecutors Seek 36-Month Prison Sentence for Ex-Binance CEO Changpeng Zhao Over Money Laundering Charges
    CZ
    U.S. prosecutors are pushing for a 36-month prison sentence for Changpeng Zhao, the founder and former chief executive of Binance, the world's largest cryptocurrency exchange, following his guilty plea to violating laws against money laundering.
  • U.S. New Home Sales Surge in March Despite Elevated Mortgage Rates, Outpacing Expectations
    A house built by the D.R. Horton company is seen for sale in Arvada
    According to government figures released Tuesday, new home sales, which account for about 14% of the U.S. home sales market, jumped 8.8% last month to a seasonally adjusted annual rate of 693,000, the highest level since September.
  • Gold Sees Temporary Dip but Long-Term Outlook Remains Bullish, Experts Say
    GOLD SHINES
    Gold prices extended losses for a second day on Tuesday, hitting a more than two-week low as fears of escalating tensions in the Middle East subsided, prompting investors to book profits ahead of key U.S. economic data this week. Spot gold fell 0.3% to $2,318.90 per ounce, while U.S. gold futures slipped 0.6% to $2,331.80.
  • Gold Prices Plummet in Largest Drop in Nearly Two Years Amid Easing Middle East Tensions
    Gold Prices
    Gold experienced a dramatic plunge on Monday, marking the steepest intraday decline in nearly two years, as easing tensions in the Middle East diminished the demand for safe-haven assets. Spot gold dropped by 2.8% to a low of $2,324.96 per ounce at one point during the day, falling nearly $70 from the previous Friday's closing high-a significant retreat not seen since June 2022.
  • Gold and Silver Face Profit-Taking Pressure Amid Perceived Easing of Middle East Tensions
    Gold Prices
    Gold prices experienced a sharp decline on Monday, as geopolitical tensions in the Middle East appeared to ease and traders shifted their focus to upcoming U.S. economic data that could provide insights into the Federal Reserve's monetary policy outlook. The precious metal fell more than 2% to trade near $2,345 an ounce, ending a five-week rally, the longest such streak in over a year.
  • Bitcoin Halving: Experts Weigh in on Potential Price Impact as Supply Cut Looms
    Bitcoin
    As Bitcoin's fourth halving approaches, estimated to occur around 9 p.m. ET today, industry experts are divided on the potential impact the event could have on the cryptocurrency's price.
  • Middle East Tensions Spark Brief Oil Price Surge, Gold Nears Record High Amid Uncertainty
    Global Oil Prices
    Oil prices experienced a rollercoaster ride on Friday, initially spiking by more than $3 after reports of Israeli attacks on Iranian soil, but later slipping as Tehran played down the incident, signaling that an escalation of hostilities in the Middle East might be avoided.
  • Bitcoin Briefly Drops Below $60,000 as Crypto Market Cools Off Ahead of Halving Event
    BITCOIN RISES
    Bitcoin (BTC) has given up its recent gains, plunging below the $60,000 level during the morning hours of the U.S. trading session on Wednesday. The world's largest cryptocurrency briefly fell as low as $59,888, marking its weakest price since early March and a decline of more than 18% from its all-time high of $73,797 reached on March 14.
  • U.S. Crude Oil Dips Below $85 as Market Discounts Risk of Wider Israel-Iran Conflict
    US OIL
    U.S. crude oil prices fell for the third consecutive trading session on Wednesday, dipping below $85 a barrel as the market appeared to dismiss the risk of a wider war between Israel and Iran that could potentially disrupt supplies.
  • Citi Analyst Predicts Gold Prices to Reach $3,000 per Ounce in 6-18 Months
    Gold Prices
    Gold prices continue to shine near record highs, with Citigroup forecasting that the precious metal could reach $3,000 per ounce in the next 6 to 18 months. The bullish outlook comes amid heightened geopolitical tensions in the Middle East and strong physical demand from central banks in emerging markets.
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