Nvidia stock is climbing after another set of blockbuster results. Here’s what Wall Street is saying.
Shares of Nvidia rose in premarket trading on Thursday. Goldman Sachs and Citigroup raised their price targets for the stock. Source:MarketWatch
Bitcoin dips below $78K as stocks, gold fall on higher US PCE Inflation data
Bitcoin stayed away from challenging $80,000 after July US PCE inflation data came in slightly higher than anticipated, pressuring gold and risk assets.…
Bitcoin slips from $80K as gold cools with falling US bond yields
Bitcoin bulls battled for control of the $80,000 zone as gold came off its highest levels since midMay on falling US bond yields. Source:Cointelegraph
U.S. widens Iran crackdown to encompass crypto, gold, shipping and technology
Treasury says Ivan Obukhov processed over $100 million in crypto for IRGCQF oil sales since 2023. Source:CoinDesk
Bitcoin has beaten stocks and gold over six months. Now it’s closing in on $80,000.
Bitcoin was rising Monday near the $80,000 level that it last touched in May, after the cryptocurrency surged last week on the Treasury Department’s plans to…
Trump’s Canada trade war could lead the U.S. back to quantitative easing
That’s good for gold, stocks and long bonds. Eventually. Source:MarketWatch
Ray Dalio says investors should own ‘a bit of Bitcoin’ as U.S. debt risks rise
The Bridgewater founder says recent Treasurymarket stress fits his longrunning debtcrisis framework, though he still prefers gold as the bigger hedge.…
Bessent's $4 billion bond buyback wanted lower yields. It got a bitcoin surge instead.
Bessent’s bondbuyback plan fails to curb Treasury yields. Here's what it means for bitcoin and gold Source:CoinDesk
Why an announcement from the Treasury sparked a rally in gold and bitcoin this week
Cryptocurrencies and precious metals shot higher, while the U.S. dollar weakened, after the Treasury Department said it planned to double its bond buybacks.…
Ray Dalio says to buy ‘a bit’ of Bitcoin amid potential debt crisis
The hedge fund founder with an estimated net worth of $15 billion recommended that investors overweight Bitcoin and gold rather than bonds. Source:Cointelegraph
Bitcoin's jump above $71,000 sets up bullish golden cross pattern
Bitcoin’s improving momentum could produce a golden cross, but the rally still faces an important test. Source:CoinDesk
Why Bessent’s Treasury operations have breathed life back into the gold trade
Gold is the reciprocal of the dollar and consensus among strategists is that Bessent’s yield curve control will have a detrimental impact on the U.S. currency…