U.S. Debt Ceiling Looms in Signal for a Bitcoin Cycle Bottom
Treasury Secretary Janet Yellen said she expects the debt ceiling to be reached around the inauguration date for President-elect Donald Trump.
EXCLUSIVE: Janover To Accept Bitcoin Payments And Consider Crypto For Treasury Allocation
On Monday, Janover Inc (NASDAQ:JNVR) announced it will begin accepting payments in Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana (CRYPTO: SOL) for select services. The company's decision aligns with the increasing support for digital assets in domestic policy and broader financial markets. Chairman and CEO Blake Janover flagged the broadening acceptance and potential for digital currencies like Bitcoin, citing companies like MicroStrategy Inc (NASDAQ:MSTR) that have successfully tapp
How Likely Is the Strategic Bitcoin Reserve and How Could It Impact Bitcoin's Price?
Thanks to this year's rally in Bitcoin (CRYPTO: BTC), which recently broke through the $100,000 price level, the concept of a strategic Bitcoin reserve has rapidly transformed from an arcane campaign issue into an economic idea worthy of serious consideration. From a conceptual standpoint, the strategic Bitcoin reserve is similar to the Strategic Petroleum Reserve, created in 1975 in response to the energy crisis of that era. According to Michael Saylor, founder and Executive Chairman of MicroStrategy, the strategic Bitcoin reserve would help stabilize the U.S. economy, strengthen the U.S. dollar, and establish the U.S. as the global leader in the digital economy.
Why Hawk Tuah Girl’s crypto scandal may be the defining moment of 2024
In a year that proved the vanishing difference between virality and traditional fame, one moment stood apart.
Google reportedly eyeing AI gains in 2025 amid regulatory, market pressures
The focus on AI advancements was a key topic during a strategy meeting earlier this month.
Stocks Down Pre-Bell as Year-End Approaches; Asia Falls, Europe Churns
US benchmark equity indexes were down ahead of Monday's opening bell as traders prepare for the fina
Cocoa market resumes gains as production concerns linger
(Bloomberg) -- Cocoa futures returned to gains following on the heels of the biggest weekly loss since October as supply fears continue to drive volatile swings on the pricey market.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024Prices in London and New York both gained around 4% on Monday before paring back. The jump comes after New York futures tumbled over 15% last week, the biggest such decline since late October.Concerns over crops in West Africa, where
Oil in 2025 increasingly looking like a buyer’s market
The supply/demand outlook for oil increasingly points to downward pressure on oil prices next year, as does greater use of electric vehicles. The post Oil in 2025 increasingly looking like a buyer’s market appeared first on FreightWaves.
Gold’s 27% Advance Stands Out in Mixed Year for Metals Markets
(Bloomberg) -- Gold is heading for one of its biggest annual gains this century, with a 27% advance that’s been fueled by US monetary easing, sustained geopolitical risks, and a wave of purchases by central banks.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024While bullion has ticked lower since Donald Trump’s sweeping victory in November’s US presidential election, its gains over 2024 still outstrip most other commodities. Base metals have had a mixed year,
Boeing Stock Drops as Deadly South Korean Crash Marks Latest Setback
Boeing shares are falling in premarket trading Monday after a 737-800 operated by South Korea's Jeju Air crashed, killing 179 people, in the latest accident involving one of the U.S. company's planes.