March 5, 2026 06:26:56 UTC
US Brokers $150M Gold Deal With Venezuela
The United States has secured a multimillion-dollar gold deal with Venezuela, according to reports. Venezuela’s state-owned mining company Minerven will supply up to 1,000 kilograms of gold for US markets. Commodity trader Trafigura will handle transport and deliver the gold to US refineries under a separate arrangement with the US government. The contract requires 98% gold purity, and the deal could be worth more than $150 million. The agreement signals growing US interest in Venezuela’s natural resources.
March 5, 2026 06:22:25 UTC
Korean Stock Selloff May Push Money Back Into Crypto
Money may be shifting from South Korean stocks back into crypto markets. The KOSPI index had surged about 80% in four months while Bitcoin dropped 52%. That stock rally drove heavy leverage and record ETF trading. Now the trend is changing as foreign investors pull out. Around $13.7 billion in KOSPI stocks were sold in February, the biggest monthly outflow on record. The index has fallen about 20% in five days, while Bitcoin has risen 11%, hinting at a possible shift toward crypto.
March 5, 2026 06:10:37 UTC
Bitcoin Rebound Signals Start of New Bull Market
Bitcoin appears to have found its lowest level for 2026 after dropping about 52% from its all-time high to around $60,000. Some analysts who expected prices to fall to $30,000–$40,000 may now miss the early stage of the recovery. The decline was smaller than past cycles, which saw drops of up to 80–90%. Market pressure, including a reported Binance trading glitch and heavy institutional activity, pushed prices lower earlier. With economic data improving, many investors now expect the broader bull market to begin.
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