the Longest Slump
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Mexico Investment Extends One of the Longest Slump in Decades
The Angel of Independence monument on Paseo de la Reforma in Mexico City.
Bitcoin's high conviction holders are turning into sellers as the crypto's price hits new lows
Bitcoin's highest conviction holders have joined the sell-off in the cryptocurrency, which could signal the beginning of the end of the ongoing crypto slump, according to Compass Point. Long-term holders – defined as those that have held onto their coins for at least 155 days, or about five months – were largely inactive from February to April but have turned into sellers in recent weeks, Compass Point analyst Ed Engel said in a note Tuesday. In the past two days they've sold about $2.4...
Gold falls to nearly 11-week low before recovering; check outlook for today
Gold is still not out of the woods as oil prices remain elevated with an upside risk. Gold price prediction today: Gold prices continue to be under pressure as crude oil prices remain high, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.
Bitcoin is weathering its ugliest week in months as narrative fades and liquidity rotates
Bitcoin is getting pummeled to kick off June as the market loses its dominant narrative and liquidity continues to rotate into other assets. The combination has left the flagship cryptocurrency vulnerable to further downside pressure as investors scale back risk and capital shifts toward markets with more momentum or more obvious near-term catalysts, like the chip rally or the SpaceX IPO. Bitcoin is down 13% this week and heading for its worst week since February, according to Coin Metrics.
WNBA Power Rankings: Welcome to the top 2, Dallas
A year ago on this date, the Dallas Wings were 1-9. They would not get to double-digit victories until the last day of the season, Sept. 11, when they finished 10-34. After trudging through that victory desert, 2026 has been like an oasis.
China May wholesale inflation hits near 4-year high on Iran war, AI costs; CPI misses
China's wholesale prices rose at the fastest pace in nearly four years in May, driven by surging raw material costs from the Iran war and an artificial intelligence investment boom, while consumer inflation came in below estimates. The producer price index jumped 3.9% from a year ago, the highest since July 2022, topping economists' forecast of 3.8%, and outpacing 2.8% in April, according to data released by the National Bureau of Statistics on Wednesday. Wholesale prices returned to growth...