Jerry Lin
The Latest
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Coinbase Glitch Shocks Users with $0 Balances Amid Bitcoin's Surge
Coinbase, a leading cryptocurrency exchange platform, experienced technical glitches on Wednesday that left many users staring at a $0 balance in their accounts, causing widespread alarm and confusion among its customer base. 
Coinbase, a leading cryptocurrency exchange platform, experienced technical glitches on Wednesday that left many users staring at a $0 balance in their accounts, causing widespread alarm and confusion among its customer base. -
U.S. Housing Market Struggles Continue with Mortgage Applications Falling Amid 7% Rates
This downturn is mirrored by a concerning trend that sees home-buying demand nearing its lowest point since 1995, as mortgage rates remain steadfastly above the 7% mark. 
This downturn is mirrored by a concerning trend that sees home-buying demand nearing its lowest point since 1995, as mortgage rates remain steadfastly above the 7% mark. -
Bitcoin Soars Above $60,000, Eyeing Record High Amid ETF Buzz and Halving Anticipation
Bitcoin's recent surge above the $60,000 mark has reignited investor enthusiasm, reminiscent of the cryptocurrency's peak momentum back in 2021. The digital currency soared to $60,688.00, as per Coin Metrics, coming tantalizingly close to its all-time high of $68,982.20. 
Bitcoin's recent surge above the $60,000 mark has reignited investor enthusiasm, reminiscent of the cryptocurrency's peak momentum back in 2021. The digital currency soared to $60,688.00, as per Coin Metrics, coming tantalizingly close to its all-time high of $68,982.20. -
Coinbase Enhances User Safety with Asset Recovery Tool Expansion to BNB Smart Chain and Polygon
Coinbase, a leading cryptocurrency exchange, has announced a significant expansion of its innovative asset recovery tool, extending its capabilities to include the BNB Smart Chain and Polygon networks. Coinbase, a leading cryptocurrency exchange, has announced a significant expansion of its innovative asset recovery tool, extending its capabilities to include the BNB Smart Chain and Polygon networks. -
Bitcoin's Leap Over $57,000 Driven by MicroStrategy's $155 Million Purchase and Upcoming Halving Event
Bitcoin has surged past the $57,000 mark, achieving a two-year peak, as significant investors continue to pour into the cryptocurrency space. This surge is part of a broader rally in the crypto market, with Ether also reaching heights not seen since 2022, surpassing $3,200. 
Bitcoin has surged past the $57,000 mark, achieving a two-year peak, as significant investors continue to pour into the cryptocurrency space. This surge is part of a broader rally in the crypto market, with Ether also reaching heights not seen since 2022, surpassing $3,200. -
Chinese Banks See Record $50.9B in FX Swaps as Firms Hedge Against Yuan
Chinese banks set a record in January, purchasing $50.9 billion in dollars from clients via foreign exchange swaps. This surge, according to official data released Monday, suggests that Chinese exporters are increasingly favoring the dollar as the yield disparity between U.S. and Chinese interest rates widens. 
Chinese banks set a record in January, purchasing $50.9 billion in dollars from clients via foreign exchange swaps. This surge, according to official data released Monday, suggests that Chinese exporters are increasingly favoring the dollar as the yield disparity between U.S. and Chinese interest rates widens. -
European Farmers Ramp Up Protests, Demanding Action on Prices and Competition
Farmers across Europe have escalated their protests, demanding immediate action from policymakers on issues ranging from supermarket price pressures to competition from foreign imports. The protests, which saw significant disruptions in cities like Brussels and Madrid, coincide with a meeting of European Union agricultural ministers in Brussels to address the burgeoning crisis in the sector. 
Farmers across Europe have escalated their protests, demanding immediate action from policymakers on issues ranging from supermarket price pressures to competition from foreign imports. The protests, which saw significant disruptions in cities like Brussels and Madrid, coincide with a meeting of European Union agricultural ministers in Brussels to address the burgeoning crisis in the sector. -
UBS Reiterates Bullish Stance on US Stocks, Raises S&P 500 Target to 5400
UBS has once again increased its target for the S&P 500 Index to 5400 points, suggesting an additional 6% growth potential from the closing price of 5088 points last Friday. This adjustment marks UBS's second revision of its target price, having previously set it at 4850 points on December 11 last year and then raising it to 5150 points on January 16. 
UBS has once again increased its target for the S&P 500 Index to 5400 points, suggesting an additional 6% growth potential from the closing price of 5088 points last Friday. This adjustment marks UBS's second revision of its target price, having previously set it at 4850 points on December 11 last year and then raising it to 5150 points on January 16. -
China's Economy Under Pressure, Experts Call for Urgent Reforms
As China grapples with deepening economic challenges, marked by a distressed real estate sector and deflationary pressures, analysts suggest that a more aggressive policy response may be necessary to avert further instability. 
As China grapples with deepening economic challenges, marked by a distressed real estate sector and deflationary pressures, analysts suggest that a more aggressive policy response may be necessary to avert further instability. -
U.S. Jobless Claims Dip, Defying Expectations Amid Economic Resilience
In an unexpected turn that underscores the resilience of the U.S. labor market, the number of Americans filing for unemployment benefits has dropped to its lowest level in five weeks. This decline comes despite recent high-profile layoffs across various sectors, signaling a robust economic environment that continues to defy Federal Reserve expectations. 
In an unexpected turn that underscores the resilience of the U.S. labor market, the number of Americans filing for unemployment benefits has dropped to its lowest level in five weeks. This decline comes despite recent high-profile layoffs across various sectors, signaling a robust economic environment that continues to defy Federal Reserve expectations.
