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The bitcoin rally is generating a false sense of security among investors, according to the strategist behind the so-called granddaddy of gold exchange-traded funds. State Street Global Advisors’ George Milling-Stanley warns cryptocurrency plays don’t offer the stability of gold. “Bitcoin, pure and simple, it’s a return play, and I think that people have been jumping […]
The 10-year Treasury yield was little changed on Friday as investors weighed mixed economic data and assessed the state of the economy. The yield on the 10-year Treasury sat at 4.428%, down less than 1 basis point. The 2-year Treasury yield was last trading at 4.375% after rising more than 2 basis points. Yields and […]
Article content (Bloomberg) — Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Adani charges hit mood Green stocks turn red Mixed signals for housing Good morning, this is Chiranjivi Chakraborty, an equities reporter in Mumbai. Investor focus […]
POLAND – 2024/11/13: In this photo illustration, the NVIDIA company logo is seen displayed on a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Nvidia shares whipsawed Thursday as investors reacted to the U.S. chipmaker’s third-quarter earnings. Shares of the tech giant were down 2.2% […]
Nvidia forecast its slowest revenue growth in seven quarters on Wednesday, with the artificial intelligence chipmaker failing to meet lofty expectations of some investors who have made it the world’s most valuable firm. Shares of the Santa Clara, California-based company fell 5% after it posted results but quickly pared losses to trade down 2.5% after […]
Bitcoin’s meteoric rise to $90K is reigniting the crypto market, while Best Wallet is leading the charge in wallet tokens with a $446K presale milestone. Bitcoin ($BTC) has shattered its previous records, recently climbing past $90,000. Analysts predict that this bullish momentum, fueled by high demand and ETF inflows, could push BTC to $100,000 by […]
Why Investors Should Care About the Protocol Economy Over the past decades, economic power has been concentrated in the hands of large corporations that own and benefit from controlling data and information. Decentralized blockchain networks, like Bitcoin and Ethereum, are changing that. Created in partnership with Franklin Templeton, this graphic offers visual insight into the […]
The Dogecoin (DOGE) price skyrocketed in the last seven days, climbing up by around 111%. The world’s oldest meme coin hit a resistance at $0.40, and while it made several attempts in the last two days to breach this barrier, its attempts have been largely unsuccessful. Dogecoin’s surge comes as Bitcoin price skyrocketed beyond $92k […]
Jeffrey Tiong, founder and CEO of PatSnap. Courtesy of Jeffrey Tiong. Many entrepreneurs will say that building a successful startup is costly — both financially and emotionally. Just ask Jeffrey Tiong. The 40-year-old is the founder and CEO of intellectual property and research and development startup Patsnap, a Singapore-based unicorn company that has surpassed an […]
ETFSwap (ETFS) has successfully raised a massive sum of $6.8 million, demonstrating strong support from the crypto investment community. This significant fundraising milestone signals robust crypto investors’ confidence in ETFSwap (ETFS) to transform the crypto ETF trading landscape with its fully decentralized ETF trading model. The bonus round offers limited-time incentives for crypto investors seeking […]