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  • Aug 21, 2024

Bitcoin’s Bull Run Far From Over, Here's Why

Key signals show Bitcoin bull run far from over despite market fear, Bitcoin’s price action mirrors past patterns, signaling potential for a continued bull run. Here’s why savvy investors are paying attention.

  • Aug 21, 2024

Will Buffett's 'put' on oil firm Occidental halt share drop?

Shares in U.S. oil producer Occidental Petroleum fell to $56.17 on Tuesday, below a level that has routinely triggered purchases by its biggest holder, billionaire investor Warren Buffett's Berkshire Hathaway. Past multimillion-share purchases were so routinely timed to drops below $60 that Wall Street analysts called it "the Berkshire put," for setting a price floor on the oil firm's shares. But Occidental has traded below that price all month, the longest period since a swoon in January that ended after Berkshire acquired 4.3 million shares in early February.

  • Aug 21, 2024

Bond-Market Pros Are Unimpressed With Baby Whales From Crypto

(Bloomberg) -- They are turning into the strangest of bedfellows in the financial world: The famously safe securities issued by the US Treasury and the notoriously not-so-safe world of cryptocurrencies.Most Read from BloombergThe Serious Work That Free Play Can DoIssuers of crypto stablecoins meant to track the dollar one-for-one have become noticeable players in the Treasury market as they seek the safest and most-liquid assets to back the value of their tokens. For crypto promoters, it’s a dev

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