{
}
Former President Jimmy Carter passed away on December 29, 2024, at the age of 100, marking a National Day of Mourning on January 9, 2025. Flags are flown at half-staff in his honor, and federal offices, including the Supreme Court, will be closed that day. A national funeral service is scheduled at the Washington National Cathedral, attended by all living former presidents.
Thursday marks a national day of mourning for former President Jimmy Carter, who passed away at 100. A state funeral will be held at Washington National Cathedral at 10 AM ET, with federal offices closed and the U.S. Postal Service suspending mail delivery. While stock markets will be closed, most banks are expected to remain open, and most schools will operate normally, though some may close due to winter weather. The IRS has extended the deadline for tax returns and payments originally due on this day to January 10, 2025.
Bitcoin has dropped below $95,000, losing nearly 8% in a day, prompting cautious investor sentiment. However, Robert Kiyosaki views this decline as a buying opportunity, advocating for a "buy low and hold" strategy, while predicting Bitcoin could reach $175,000-$350,000 by 2025. Analysts suggest the recent sell-off is a temporary pause, with expectations of a bullish rally ahead as markets await key economic reports.
2025 is poised to be a pivotal year for the crypto industry, driven by Bitcoin's mainstream adoption and institutional interest. With nearly $130 billion in US Bitcoin ETFs and growing corporate and pension fund investments, Bitcoin is increasingly viewed as a hedge against fiat devaluation.The pro-crypto stance of the new US administration, alongside regulatory changes, is expected to enhance market integration and trading. Meanwhile, blockchain technology continues to gain traction, with daily active addresses surpassing ten million, signaling a transformative shift in global financial systems.
UBS has initiated coverage on Tyra Biosciences (NASDAQ: TYRA) with a Buy rating and a price target of $28, citing strong potential for its drug candidate TYRA-300, which targets non-muscle invasive bladder cancer and achondroplasia. The stock has gained 15.54% recently, and analysts project significant upside, with UBS estimating long-term sales of $350 million for oncology and $650 million for growth disorders by 2035. Positive data updates could lead to over 100% share price growth in the next 12 to 18 months, reflecting confidence in the company's innovative drug development and financial health.
Major US exchanges, including the NYSE and Nasdaq, will close on January 9 in observance of a National Day of Mourning for former President Jimmy Carter, as declared by President Joe Biden. The bond market will close early at 2:00 PM ET, while US index futures and the Volatility Index will also have modified trading hours. Despite these closures, forex trading and certain commodity markets will remain open, allowing traders to explore opportunities during this period.
Asian equities are set to rise on Monday following a rebound on Wall Street, which ended a five-day losing streak driven by renewed interest in major tech stocks. Equity futures for Australia, Hong Kong, Taiwan, and Singapore showed gains, while Japan's futures declined due to a stronger yen. The S&P 500 and Nasdaq 100 rose by 1.3% and 1.7%, respectively, recovering from a significant market sell-off.
Bitcoin is poised for significant success in 2025, having outperformed traditional assets like gold, which returned only 26%. Despite its volatility, Bitcoin has led asset performance for most of the past 14 years, with its price surging from around $40k to between $95k and $97k in 2024. While it faced regulatory scrutiny, its strong market conditions, including Donald Trump's election victory, have fueled optimism for continued growth.
Galaxy Research forecasts significant price increases for Bitcoin and Ethereum in 2025, with Bitcoin potentially exceeding $185,000 and Ethereum surpassing $5,500. Factors driving this growth include increased institutional adoption, regulatory clarity, and advancements in decentralized finance and layer-2 technologies. Additionally, Bitcoin ETFs are expected to manage over $250 billion in assets, while Ethereum's staking rate may exceed 50%.
Global stock markets are currently in correction mode, with the DAX testing a crucial support zone around 19,700 points. The Nasdaq is also under pressure, relying on its 50-day moving average at 21,014 points to maintain stability. Meanwhile, the Nikkei remains in an uptrend but awaits a breakout above 40,286 points, while Chinese equities continue to struggle, targeting the 61.8% Fibonacci level at 19,131 points.
Nasdaq 100 Mar 25
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
national day of mourning for former president jimmy carter
NYSE U.S. 1000 Technology Secto
Nasdaq 100 Mar 25
UGA
EGY
SDN
HTI
BIH
USA
CHN
PAN
LBR
NIC
PRK
ETH
VEN
Douglas Brinkley
Donald Trump
Jimmy Carter
Joe Biden
Show more
12:03 09.01.2025
national day of mourning for former president jimmy carter
United States Dollar
U.S. Postal Service Federal Credit Union CREDIT_UNION
Nasdaq 100 Mar 25
USA
Jimmy Carter
Joe Biden
11:00 09.01.2025
Kiyosaki sees Bitcoin dip as buying opportunity amid market volatility
14:09 08.01.2025
crypto outlook for 2025 opportunities and growth in digital assets
United States Dollar
Amazon.com, Inc.
Microsoft Corporation
MicroStrategy Inc
CitiBank, N.A. Issuer Callable Fixed To Floating CD AASPAXX
Nasdaq 100 Mar 25
RUS
BTN
USA
Paul Atkins
Donald Trump
Show more
10:34 08.01.2025
ubs initiates buy rating for tyra biosciences with strong growth potential
Tyra Biosciences, Inc.
Piper Sandler Cos
H.C. Wainwright & Co. LLC
Nasdaq 100 Mar 25
USA
Eliana Merle
Show more
13:38 07.01.2025
us markets to close for national day of mourning on january ninth
British Pound Sterling
Euro
United States Dollar
NYSE U.S. 1000 Technology Secto
Nasdaq 100 Mar 25
USA
Jimmy Carter
Joe Biden
George H. W. Bush
Show more
10:52 07.01.2025
Asian markets poised for gains after Wall Street rebound in tech stocks
23:31 05.01.2025
Bitcoin outperforms gold and major indices in 2024 market surge
02:00 04.01.2025
bitcoin and ethereum price predictions for 2025 by galaxy research
16:28 03.01.2025
global stock markets face corrections as key indices test support levels
Hong Kong Dollar
Japanese Yen
Chinese Yuan
United States Dollar
Nasdaq 100 Mar 25
HANG SENG INDEX
DAX P
DEU
JPN
Show more
13:01 02.01.2025
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Global Trade Developments
Global Financial Events
Finance Mergers & Acquisitions
Banking Regulations
Retail and Consumer Goods
Startups & Entrepreneurship
Central Bank Actions
Industry Mergers & Acquisitions
Inflation and Monetary Impact
CEO Changes
Market Analysis and Predictions
Government Economic Policies
Government Policies
Domestic Politics
Workplace Trends
GDP Growth & Recession Forecasts
Supply Chain Management
Countries:
Companies:
Barclays PLC
Apple Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Deutsche Bank Money Market PP
Banco Santander, S.A.
The Goldman Sachs Group, Inc.
Berkshire Hathaway Inc.
Credit Suisse Strategic Income I
Lloyds Banking Group plc
SpaceXCoin USD
Amazon.com, Inc.
NVIDIA Corporation
Bank of America Corporation
UBS Group AG
Morgan Stanley
Wells Fargo & Company
BNP Paribas SA
Commerzbank AG
UniCredit S.p.A.
Currencies:
United States Dollar
Euro
British Pound Sterling
Swiss Franc
Japanese Yen
Indian Rupee
Chinese Yuan
Canadian Dollar
Vietnamese Đồng
South Korean Won
Australian Dollar
Thai Baht
New Taiwan Dollar
Singapore Dollar
Indonesian Rupiah
Mexican Peso
Cambodian Riel
Russian Ruble
Hong Kong Dollar
Offshore Chinese Yuan
People:
Donald Trump
Elon Musk
Warren Buffett
JD Vance
Sergio Ermotti
Mark Haefele
Robin Leopold
Olivier Calvet
Troy L Rohrbaugh
Jennifer Piepszak
Karoline Leavitt
Ursula von der Leyen
Alex Kramm
Susan P. Crawford
Scott Bessent
Stacey Friedman
Jeff Bezos
George Saravelos
Francois Xavier Bouvignies
Joseph Spak