Can institutional Bitcoin adoption buck political fears in crypto?
Bitcoin's correlation with traditional markets and political influence sparks debate on its future.
Caitlin Long on Bitcoin’s growing role in the global financial system
Bitcoin is evolving from a speculative asset to a store of value and potential global reserve currency in record time.
Stock market today: Indexes end mixed as weak job openings fuel jitters ahead of August payroll report
There were 7.67 million job openings in July, the lowest number in over three years, according to data from the Bureau of Labor Statistics.
Bitcoin's future hinges on political shifts as experts debate year-end price targets
Differing views emerge as experts debate bitcoin’s potential price amid political uncertainties.
Trump's new crypto business could create more conflicts if he's elected president
Donald Trump is promising to make America the “crypto capital of the planet” if he returns to the White House. Amidst his run for president, Trump has launched a new venture to trade cryptocurrencies that he's promoting on the same social media accounts he uses for his campaign. Trump has long melded his political and business interests, promoting his hotels and golf courses in the White House while selling sneakers, Bibles and shares in his social media company during his current campaign.
RBA Flags Jobs Challenge If Inflation Stays Above Target
(Bloomberg) -- Australia’s central bank will struggle to maintain low unemployment if inflation stays above its target level “indefinitely,” Governor Michele Bullock said, in a warning to households and firms that interest-rate relief is still some way off.Most Read from BloombergHow Air Conditioning Took Over the American OfficeHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatThe Outsized Cost of Expanding US RoadsIn a speech in Sydney, the Reserve Bank chief reiterated that the rate-se
The Fed is about to trigger more Bitcoin volatility
The Fed's big rate decision may trigger swings in Bitcoin’s trajectory, as economic momentum drives market sentiment
Stocks could see a 10% correction by early October on a trifecta of bearish factors, strategist says
"There's still a little longer fuse on this correction that's likely to take place before we're done," Renaissance Macro's Jeff DeGraaf said.
JPMorgan Abandons Recommendation to Buy China Stocks Ahead of US Election
(Bloomberg) -- JPMorgan Chase & Co. abandoned its buy recommendation for Chinese stocks, citing heightened volatility around the upcoming US elections in addition to growth headwinds and tepid policy support. Most Read from BloombergHow Air Conditioning Took Over the American OfficeHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatThe Outsized Cost of Expanding US RoadsChina was downgraded to neutral from overweight in the bank’s emerging markets allocation, strategists led by Pedro Marti
Top super PAC backing Kamala Harris to accept cryptocurrency donations
A top super political action committee (PAC) backing U.S. Vice President and Democratic presidential candidate Kamala Harris known as Future Forward PAC will accept cryptocurrency donations, a Coinbase spokesperson said Wednesday. Future Forward has raised hundreds of millions of dollars to back Harris in the Nov. 5 U.S. election in which she faces Republican presidential candidate and former President Donald Trump. Although Harris has yet to publicly take a stance on crypto, her campaign staff have met with prominent crypto firms, including Coinbase and Ripple, Reuters has previously reported.
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