Precious Metals and Insurance Stocks Lead Thursday Gains
Precious metals stocks rose 2.1% on Thursday, with Gold Fields and Harmony Gold leading the way. Life and health insurance stocks also showed strength.
Precious metals stocks rose 2.1% on Thursday, with Gold Fields and Harmony Gold leading the way. Life and health insurance stocks also showed strength.
Base's B20 token standard has exceeded $1 billion in DEX trading volume in just two months, fueled by memecoin activity and Coinbase's tokenization efforts.
An institutional strategy has purchased $370 million in Bitcoin, increasing its total holdings to 845,050 coins after a two-month hiatus, signaling renewed
Standard Chartered has initiated spot trading for Bitcoin and Ether, targeting institutional clients in the UAE, marking a significant expansion in crypto
Wyoming's Stable Token Commission has implemented Chainlink Proof of Reserve for the Frontier Stable Token, with a total supply of nearly 968,000 tokens.
The largest corporate holder of Bitcoin resumes buying, acquiring $370 million worth and increasing total holdings to 845,050 coins, signaling renewed interest.
The Dow surged 580 points as the Federal Reserve indicated no immediate interest rate hikes, potentially stabilizing markets and influencing asset valuations.
CFTC Chair Michael Selig highlights the Trump administration's goal to create a collaborative regulatory framework to boost U.S. competitiveness in digital
The dollar has fallen to its weakest point since May, influenced by Federal Reserve Governor Christopher Waller's comments on inflation and a surge in the yen.
Chris Foster is stepping down from his role at Ken Griffin's hedge fund after a successful tenure trading natural gas in Europe, amid market challenges.
Crude oil prices are nearing $97 a barrel, while diesel reaches its highest level since 2022, indicating potential market shifts in energy costs.
Bitcoin has crossed the $80,000 mark, fueling optimism that the prolonged crypto winter may soon come to an end as market sentiment shifts.
Two Thai businessmen are suing Tether for freezing $42.4 million in USDT just months before a seizure warrant was issued, raising regulatory concerns.
Russia's oil revenue has fallen to a six-month low, intensifying its budget deficit as geopolitical conflicts and sanctions continue to impact the economy.
SoftBank's $4 billion acquisition of DigitalBridge raises concerns about potential risks in AI infrastructure investments, reminiscent of past market bubbles.
Barclays' Jack Meaning discusses rising UK inflation and subdued growth, suggesting markets may have overestimated Bank of England tightening measures.
European markets ended higher, driven by positive PMI data and stable precious metals prices, despite ongoing concerns over Middle East tensions.
The CFTC has requested a judge to dismiss CME's lawsuit regarding the approval of Kalshi's Bitcoin perpetual contract, citing lack of demonstrated harm.
Katherine Bordlemay from Goldman Sachs emphasizes that strong earnings will continue to support market stability amid rising yields, as discussed on Bloomberg.
Senator Lummis introduces the CLARITY Act, which aims to extend Wyoming's crypto regulatory framework nationwide, potentially boosting market stability.