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Inheritance tax referendum spooks Swiss super-rich

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Lawyers and bankers in Switzerland are warning of a UK-style exodus of the wealthy ahead of a referendum on a 50 per cent inheritance tax for the super-rich. The Alpine nation is due to hold … Read more

Dow drops 245 points as Fed minutes spooks Wall Street

U.S. stocks closed lower on Wednesday after the Federal Reserve released the minutes from its May policy meeting. The Dow Jones Industrial Average lost 0.58%, or 245 points, while the S&P 500 and Nasdaq Composite indices fell 0.56% and 0.51%, respectively. The central bank’s minutes indicated a cautious approach to monetary policy and warned of … Read more

Crypto Down Today After Fed Spooks Markets With Fiscal Uncertainty

Crypto prices are down today, driven by Fed uncertainty and Trump’s tariff policies. Bitcoin, Ethereum, and Solana hold key support levels, but traders remain cautious as global trade tensions and inflation risks loom. The crypto market fell earlier today, dropping 4.2% in 24 hours, bringing the total market cap to just above $2.7 trillion. This … Read more

SUI Price Analysis After Canada Drama Spooks SUI USD Ahead of Token Unlock

On February 1, 2025, Sui .cwp-coin-chart svg path { stroke-width: 0.65 !important; } Price Volume in 24h <!– ? –> Price 7d released 80.14 million new SUI tokens, representing 0.80% of its total supply. Market uncertainty intensified with new tariffs on Canada and Mexico, triggering volatility. SUI dropped to $2.65 but now shows signs of … Read more

Bitcoin ETFs switch back to outflows as China’s DeepSeek spooks investors

Spot Bitcoin exchange-traded funds in the United States shifted back to outflows for the first time since President Donald Trump’s inauguration, triggered by the global adoption of the Chinese AI app DeepSeek, which spooked investors and led to massive liquidations across the crypto market yesterday. According to data from SoSoValue, the 12 spot Bitcoin ETFs … Read more

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