News
19 Jan 2026, 17:27
Gold, Silver Smash Records as Trump Sets Feb. 1 Tariffs Over Greenland Standoff

Gold (XAU/USD) printed $4,689.39/oz and silver (XAG/USD) tagged $94.08/oz today, after President Donald Trump tied a new tariff schedule to a Greenland standoff in a Truth Social post on Saturday that set explicit start dates and step-ups. Trump Sets Feb. 1 Tariff Start Date in Greenland Dispute Trump wrote that the U.S. will impose a 10% tariff from Feb. 1, 2026, on “any and all goods” from Denmark, Norway, Sweden, France, Germany, the U.K., the Netherlands, and Finland , then lift the rate to 25% from June 1, 2026 , until “the Complete and Total purchase of Greenland” occurs. Eight #European countries targeted by #US President Donald #Trump for a 10% #tariff for opposing American control of Greenland on Sunday warned that his threats “undermine transatlantic relations and risk a dangerous downward spiral.” FRANCE 24 takes a closer look. pic.twitter.com/4GnDxkWwA2 — FRANCE 24 English (@France24_en) January 19, 2026 “This Tariff will be due and payable until such time as a Deal is reached for the Complete and Total purchase of Greenland,” Trump stated in the post. Price action favored the higher-beta metal: spot silver rose ~4.4% intraday to $93.85/oz after the $94.08/oz print, while spot gold rose ~1.6% to $4,670.01/oz after the $4,689.39/oz high. Cross-asset tape confirmed “risk-off” positioning: European equities traded lower on Jan. 19, 2026, as the tariff timeline hit, with Germany’s DAX falling 1.1% and the CAC 40 in Paris falling 1.3% in early moves cited by AP News . The next macro catalyst sits on the rates channel: the Bank of Japan has scheduled its Monetary Policy Meeting for Jan. 22-23, 2026 , with the Statement on Monetary Policy slated for Jan. 23 and the Summary of Opinions due Feb. 2 . Liquidity note for desks running metal exposure: U.S. markets are closed on Jan. 19, 2026, for Martin Luther King Jr. Day , which historically concentrates price discovery into futures/FX venues and can widen intraday slippage on leveraged metal products. What Markets Are Pricing In Gold’s record print at $4,689/oz matters less than the tariff calendar at Feb. 1 and June 1 because systematic macro books map those dates into USD rate volatility and cross-asset correlation spikes. If the BoJ on Jan. 23 indicates tighter policy while Washington simultaneously escalates trade restrictions, desks should expect convex moves in JPY crosses and mechanically higher demand for collateral-friendly havens, with silver’s $94/oz spike acting as a tell for funds that express the same hedge through higher beta and industrial tightness rather than pure store-of-value exposure. The post Gold, Silver Smash Records as Trump Sets Feb. 1 Tariffs Over Greenland Standoff appeared first on Cryptonews .
19 Jan 2026, 16:52
UBS names IBM, Alphabet, and Microsoft as quantum leaders

IBM, Alphabet, and Microsoft sit at the top of UBS’s latest ranking of companies pushing toward practical quantum computing. The call comes at a time when tech stocks already trade at rich levels, and investors are hunting for the next corner that could shape what comes next. UBS says this part of the market stands out because it targets problems current machines cannot handle at scale. The bank says interest has picked up over the past year as IBM, Alphabet, and Microsoft all stepped up efforts to build systems that work outside research labs. Smaller names have also drawn attention. IonQ is the clearest example. The stock jumped hard over the past 12 months and then dropped just as fast. UBS says that pattern shows how early and unstable this market still is. UBS lays out where computing power could hit first UBS analyst Madeleine Jenkins led a team of 11 analysts who put together a 103-page report for clients. The group describes the market as fragmented and immature. They still see three clear areas where the technology could matter most. Those areas are molecular simulation, optimization and AI, and cryptography. UBS says these use cases explain why Wall Street is paying closer attention now. The analysts wrote that progress has been slow and full of setbacks, but recent results stand out. They say the field is starting to show real technical gains. The report states that by using the behavior of very small particles, quantum computing could deliver huge processing power at far lower cost than today’s systems. UBS estimates that full advantage could arrive in the 2030s. At that stage, matching the output with standard hardware would need the equivalent of 10²¹ GPUs. UBS says building the new systems could cost only tens of millions of dollars. The report explains that there are several ways to build a qubit, which is the basic unit of quantum information. Right now, two approaches lead the pack. Those are superconducting qubits and trapped-ion qubits. Jenkins says these two paths narrow leadership to a small group of companies. Alphabet and IBM focus on superconducting designs. Microsoft and Amazon offer mixed setups through cloud platforms. Big tech strategies meet volatile pure plays UBS calls Google, which sits under Alphabet, a pioneer in quantum software and error correction. The report points to the Willow chip released in December 2024. UBS says Willow reduced errors as more qubits were added. It also ran a standard benchmark task in under five minutes. UBS says a top classical supercomputer would need about 10 septillion years to do the same job. Microsoft and Amazon take broader paths. Microsoft works with smaller hardware specialists such as IonQ while also researching a topological design. UBS says this design could lead to a faster and more stable qubit if it works as planned. Amazon also supports several approaches through its cloud services. UBS rates Microsoft and Amazon as buys. Alphabet carries a neutral rating. Jenkins says the outcome depends on which qubit design succeeds first. UBS also highlights public companies that focus only on this space. Those include IonQ, D-Wave Quantum, and Rigetti Computing. These stocks have shown sharp gains followed by steep drops. IonQ is the largest of the group. Its market value has topped $17 billion. The stock rose 72% over the past year through Wednesday and then fell 34% since mid-October. FactSet data show IonQ’s adjusted beta at 2.37. UBS says that means the stock moves more than twice as much as the broader market. If you're reading this, you’re already ahead. Stay there with our newsletter .
19 Jan 2026, 16:52
Russia’s ruble surges, but the rally masks deeper economic stress

Last year, Cryptopolitan reported that Russia’s currency won a race no one expected it to enter. The ruble has beaten every other major currency against the dollar so far this year, jumping 45% since early last year. It’s now trading close to 78 per dollar, a level not seen since before Russia launched its full invasion of Ukraine nearly four years ago. That’s the fastest annual rise for the ruble since at least 1994. But the rally isn’t built on strength. It’s a side effect of an economy struggling to plug financial holes. Behind the scenes, the country’s wartime economy is running out of room. After a year of weak oil revenues, missed growth targets, and tighter sanctions, the government is scrambling to hold the line. Officials slashed budget spending by 19% in December compared to the same month a year before, based on Bloomberg’s read of Finance Ministry data. Yearly spending was still up by 7%, but that’s a sharp slowdown from the 24% increase seen the year before. Oil crash and sanctions hammer Russia’s revenue Russia did meet its revised budget deficit target of 2.6% of GDP, with the final shortfall reaching 5.6 trillion rubles (about $71.6 billion). But that wasn’t the original plan. The budget had aimed for a gap of just 0.5% of GDP, before everything got wrecked by the lowest oil and gas revenue in five years. A mix of falling global crude prices, steep discounts on Russian oil, and that pesky strong ruble caused energy revenue to crash 24% year-over-year. In December, after the U.S. slapped new sanctions on Rosneft PJSC and Lukoil PJSC, oil and gas income dropped 43% in just one month. “We fully understand that we cannot rely on high levels of oil and gas revenues over the long term,” Finance Minister Anton Siluanov said in an interview with state television channel Rossiya 24 late last year. Russia’s economic growth for the year likely landed below 1%, according to internal estimates, missing literally every single official forecast and falling drastically short of the 4.3% growth rate in 2024. So even though this deficit isn’t the worst in recent memory, 2020 still holds the record at 3.8% of GDP; the situation now feels more fragile. Borrowing is also a nightmare. The central bank’s key interest rate is now at 16%, way up from the 4.25% seen back then. With foreign investors mostly gone, raising money is harder and pricier. Russia’s finance ministry boosts daily currency sales To avoid a ruble collapse, Russia’s Finance Ministry is throwing more foreign currency into the market. Starting Friday, it’s bumping daily forex sales from 5.6 billion rubles to 12.8 billion rubles (about $164 million). Add in the central bank’s sales, and a total of 17.42 billion rubles will be dumped every day between January 16 and February 5, up from 14.54 billion rubles daily before. All told, the ministry plans to offload 192.1 billion rubles worth of foreign currency during that period. Last month, it only sold 123.4 billion. These sales are pulled from the National Wealth Fund, which is denominated in foreign currency, mostly Chinese yuan. The central bank buys and sells on behalf of the ministry to help keep the market stable. The strategy worked in 2025, when a mix of high interest rates, forex sales, and weaker imports propped up the ruble. But analysts in the latest Reuters poll say the ruble could fall back to 96.7 per dollar over the next year. The central bank had earlier said that: “Elevated inflation expectations may impede a sustainable slowdown in inflation. We will focus on how prices, as well as consumer and business expectations, react to the increase in VAT and tariffs.” Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
19 Jan 2026, 16:22
Bitcoin RSI Against Gold Hits 30 for Fourth Time in History: What Happens Next?

The Bitcoin RSI against gold has dropped to 30 for only the fourth time in Bitcoin's history, indicating BTC is highly undervalued relative to gold. The latest development comes as Bitcoin (BTC) continues to underperform against gold (XAU) for over six months. Visit Website
19 Jan 2026, 15:52
Stellantis' new CEO ditches old plans and tries to fix retailer mess

Stellantis just turned five, and it’s already lost almost half its value. The automaker was born from a $52 billion merger between Fiat Chrysler and Groupe PSA in January 2021. It was supposed to be a global powerhouse. Instead, its U.S. shares have dropped 43%. The Italian shares are down 40%. When it first listed on the New York Stock Exchange on January 19, 2021, things looked good. The stock kept rallying and was up 74% by March 2024. Well, it’s now January 19, 2025, and things are definitely not looking good. Stellantis’ new CEO ditches old plans and tries to fix retailer mess Carlos Tavares, the guy who made Stellantis’ merger happen when he was CEO, left suddenly in December 2024 after spending like 3 straight years cutting costs and chasing higher profits, which of course backfired. Carlos’s aggression was hurting Stellantis products, the workers, the suppliers, and the dealers. Antonio Filosa took over as CEO on June 23. Since then, he’s been trying to clean it all up. He’s scrapped a bunch of expensive plans. He’s cutting prices. He’s shifting attention away from electric vehicles and trying to fix broken ties with U.S. retailers. Filosa told reporters at the Detroit Auto Show this week, “The strategy that we have in front of us is a strong one and will lead us to growth if we execute well. So, I believe it’s a year of execution.” He’s now focused on turning around Jeep and Ram, which have been losing sales in the U.S. for years. He’s also calling in over 200 company executives this month for a meeting. That’ll cover company culture, 2026 goals, and what to announce on capital markets day. There’s been talk of selling off brands. Even Tavares had said that might be smart. But Filosa pushed back. “I believe the company should stay together,” he said . At the same time, he didn’t rule out shrinking or refocusing some parts of the business. Fiat and Alfa Romeo aren’t doing well in the U.S., and Filosa hinted that changes are possible there. Investors still waiting on new plan after Tavares’ exit Investors still haven’t heard a full plan since Tavares left. He was pushing something called the “Dare Forward 2030” strategy. The goal was 10% profit margins and doubling net revenue. That didn’t happen. Since Filosa took over, U.S. shares have been up just 2%. The stock closed Friday at $9.60, down 4.2%. He hasn’t blamed Tavares directly but has made it clear the company needs a reset. Filosa said, “In the six months, I see the changes that we will make we need to make to create the bright future that we need.” Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
19 Jan 2026, 15:02
Canadian Billionaire: Bitcoin Much Easier to Confiscate Than Gold

Canadian billionaire Frank Giustra argues that it is easier to track Bitcoin compared to gold.








































