The Nvidia panic, America’s Bitcoin Reserve, and Trump’s trade war hits stocks: Markets news roundup
February 8, 2025
Start Slideshow
Start Slideshow
Previous Slide
Next Slide
Previous Slide
Next Slide
The Trump administration is actively pursuing initiatives related to cryptocurrency, but there has not been any official announcement regarding the highly anticipated Bitcoin reserve. David Sacks, the White House’s cryptocurrency director and President Donald Trump’s crypto czar, held a press conference to discuss the U.S. digital asset strategy. However, he did not reveal any specific plans for stockpiling Bitcoin, instead stating that the team would evaluate the feasibility of a Bitcoin reserve.
Previous Slide
Next Slide
With rising prices, an affordable housing crisis, and the specter of looming tariffs, Americans are looking to save money just about everywhere.
And with nine in 10 American households owning at least one car, many are looking at their vehicles as a place to save.
Self, a credit-building toolkit, looked at the 50 best-selling cars between 2022 and 2024 and ran the numbers to find the most and least expensive ones to run. It didn’t consider the vehicle’s purchase or lease price and instead looked at average annual gas costs, maintenance, insurance, fees, and taxes.
Previous Slide
Next Slide
Previous Slide
Next Slide
Previous Slide
Next Slide
Previous Slide
Next Slide
President Donald Trump has begun a new trade war with Canada, Mexico, and potentially China, and this has had a significant ripple effect on the broader financial landscape, including the cryptocurrency market. Trump’s latest move involves imposing a 25% tariff on imports from Canada and Mexico, while Chinese imports will be taxed at 10%.
Previous Slide
Next Slide
Donald Trump wants a sovereign wealth fund. Here are the risks and rewards, according to a strategist
Eric Beiley of The Beiley Group at Steward Partners breaks down how a sovereign wealth fund might work for America like they do in Singapore and Norway
Previous Slide
Next Slide
Tariffs, interest rates, and market volatility: What they mean for your investments in 2025, according to a strategist
Eric Beiley, Executive Managing Director of The Beiley Group at Steward Partners, breaks down what China’s retaliatory tariffs could mean for investors
Search
RECENT PRESS RELEASES
Bitcoin Rises, XRP Falls After Latest Levies
SWI Editorial Staff2025-02-10T03:24:29-08:00February 10, 2025|
Man who lost bitcoin fortune in Welsh tip explores purchase of entire landfill
SWI Editorial Staff2025-02-10T03:24:28-08:00February 10, 2025|
Privacy tech firm Proton rolls out self-custodial Bitcoin wallet to all users
SWI Editorial Staff2025-02-10T03:24:26-08:00February 10, 2025|
Spain Finally Takes Step Toward Medical Cannabis, But ‘Feeble’ Proposals Disappointing for Patients
SWI Editorial Staff2025-02-10T03:24:18-08:00February 10, 2025|
Dow: Tough Environment Offers A Cyclical Buying Opportunity (NYSE:DOW)
SWI Editorial Staff2025-02-10T03:23:57-08:00February 10, 2025|
Gambia – bringing an end to illegal dumpsites
SWI Editorial Staff2025-02-10T03:23:51-08:00February 10, 2025|
Related Post