Gold-Backed Cryptocurrencies Surge as Precious Metal Hits Record Amid Trade War Worry
The precious metal has rallied nearly 10% so far this year while most top cryptocurrencies struggled to stay in the green.
Bitcoin to Hit $500K by 2028 as ETFs Ease Access, Volatility Drops: Standard Chartered
The bank expects institutional inflows into spot bitcoin ETFs to grow as volatility drops, leading to significant price appreciation in the long term.
The Great Accumulation: A Corporate Race for Bitcoin
Holding bitcoin on corporate balance sheets represents more than a trend — it's a transformation in how companies can create and preserve shareholder value, says Next Layer Capital’s Brandon Turp.
Johnson Controls Stock Leads S&P Gainers on New CEO, Solid Q1 Results
Shares of Johnson Controls International surged to lead S&P 500 gainers on Wednesday morning after the company's first-quarter results topped estimates and it announced a new CEO.
Match Group's Stock Takes a Hit After Announcing New CEO, Soft Sales Outlook
Match Group shares tumbled Wednesday, a day after the online dating service provider named a new CEO and offered a soft outlook as sales for most of its units declined.
Why DeFi Will Benefit From Trade Wars
In the short-term, the crypto market will be negatively impacted by increased volatility in global trade, says ML Tech’s Leo Mindyuk. But over time, crypto will be less impacted than traditional finance.
Stock market today: Nasdaq, S&P 500 slide as Alphabet and AMD earnings fall short
US stocks pulled back against a backdrop of mixed earnings and the outbreak of a trade war with China.
BlackRock to List Bitcoin Exchange-Traded Product in Europe
(Bloomberg) -- BlackRock Inc., the world’s largest asset manager, is preparing to list an exchange-traded product tied directly to Bitcoin in Europe, following on from the success of its $58 billion US ETF tracking the cryptocurrency.Most Read from BloombergState Farm Seeks Emergency California Rate Hike After FiresTransportation Memos Favor Places With Higher Birth and Marriage RatesCitadel to Leave Namesake Chicago Tower as Employees RelocateNYC’s Newest Transit Leader Builds a Worker-Driven S
Kenya Delivers Half-Point Rate Cut to Boost Economic Growth
(Bloomberg) -- Kenya’s central bank cut the benchmark interest rate to an almost two-year low as benign inflation allowed it to prop up its stuttering economy.Most Read from BloombergState Farm Seeks Emergency California Rate Hike After FiresCitadel to Leave Namesake Chicago Tower as Employees RelocateTransportation Memos Favor Places With Higher Birth and Marriage RatesNYC’s Newest Transit Leader Builds a Worker-Driven StrategySan Francisco Wants Wealthy Donors to Help Fix Fentanyl CrisisThe mo
Chipotle Stock Slips on Soft Sales, Potential Impact of Threatened Tariffs
Chipotle Mexican Grill shares fell Wednesday, a day after it missed revenue and same-store sales estimates, and tried to downplay concerns about the effects of possible U.S. tariffs.