Oil prices decline as investors brush aside Bessent’s ‘economic D-Day’ for Iran
West Texas Intermediate and Brent crude’s contracts for October delivery both declined by about 3%. Source：MarketWatch
He once mentored Scott Bessent. Now Stanley Druckenmiller is criticizing the treasury secretary.
Treasury Secretary Scott Bessent’s recent maneuvers in the bond market have come in for some searing criticism from illustrious investor Stanley Druckenmiller…
Business owner faces up to 280 years over $24M crypto Ponzi scheme
A federal jury convicted Brent Kovar of wire fraud, mail fraud and money laundering after he took $24 million from at least 400 investors. Source：Cointelegraph
Investors poured into Canadian ETFs right before trade talks broke down
Investors misread the mood music on U.S.Canadian talks, in a big way. Source：MarketWatch
Treasury’s bond buyback plan fights the market and heightens the danger, billionaire Druckenmiller says
The billionaire investor argues the intervention removes a vital check on government borrowing and fiscal accountability while markets remain the better judge…
Alibaba shares tumble as investors question whether AI spending splurge is justified
The market’s negative reaction to Alibaba’s announcement of a major share issue illustrates a broader skepticism among global investors about the eventual…
Samsung Electronics stock had its worst day in three weeks, and the other memory stocks are lower as well
Samsung Electronics stock had its worst day in three weeks on Monday as investors reacted to its shareholder return plan, souring the mood for other memorychip…
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.…
Fed study finds crypto investors driven by beliefs, easily swayed by returns
A Federal Reserve Bank of Cleveland study finds crypto investors hold sharply different views on returns and risk, while information about Bitcoin’s past gains…
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 on track for best week in more than two years. Can this mean the next crypto bull market has arrived?
Is bitcoin ready to move on after a lengthy slump? One analyst says investors should be careful in trying to guess a bottom for the crypto. Source：MarketWatch
South Korean lawmakers seek expanded FIU powers over unregistered crypto firms
The proposal would let the FIU investigate suspected violations and refer unregistered crypto operators directly to law enforcement. Source：Cointelegraph