Spot Bitcoin ETFs: Hot on the Heels of Gold Funds
Market gains and huge inflows are pushing the new crypto ETFs past long-established gold funds.
Crypto for Advisors: 'Tis the Season for Giving (Bitcoin)
'Tis the season of giving, bitcoin donations and their benefits.
Southeast Asian Stocks to Offer Shelter Amid Trump Threat
(Bloomberg) -- Global investors are looking to Southeast Asia for some shelter as they brace for uncertainties surrounding Donald Trump’s trade policies, boosting prospects for the region’s stocks in the coming year.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousThe US president-elect’s targeted tariff plan for China is likely to accelerate a shift in global supply chains and foreign direct investment that may favor the region, analysts said. Meanwhile, ec
Powell Signals Fed’s Focus Has Returned Firmly to Inflation
(Bloomberg) -- Federal Reserve officials capped 2024 with a third-straight interest-rate cut and a strong signal that inflation concerns are back in the fore. Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousChair Jerome Powell put it plainly: The central bank’s year-end inflation projection has “kind of fallen apart.”Listen to the Here’s Why podcast on Apple, Spotify or anywhere you listen.Officials now see it taking much longer for inflation to reach their
Why Major Cryptocurrencies Wilted on Wednesday
On Wednesday, there was a distinct stumbling-near-the-finish-line quality to the crypto market. Although the Federal Reserve's rate cut announced that day was welcome, if expected, speculation about future slices wasn't as encouraging. Bitcoin (CRYPTO: BTC), which vaulted above the $100,000 price level recently and seems determined to stay there, nevertheless was down by almost 5% as of 4 p.m. ET.
The Fed meeting will spark a jump in stocks as investors exit the 'zone of hesitation,' Fundstrat says
The Fed cutting interest rates less than expected in 2025 will still be bullish for stocks, according to Fundstrat's Tom Lee.
Bitcoin Is No Manhattan Real Estate, Peter Schiff Challenges MicroStrategy's Micheal Saylor: 'BTC Doesn't Generate Any Income'
Financial market commentator Peter Schiff on Tuesday criticized Michael Saylor’s comparison of MicroStrategy Inc.‘s (NASDAQ:MSTR) debt-financed Bitcoin (CRYPTO: BTC) buying strategy to Manhattan real estate. What Happened: In an X post, Schiff disagreed with Saylor’s analogy. “Real estate generates rents, which can be used to service and repay debt. Bitcoin doesn’t generate any income to make interest or principal payments,” he argued. It's wrong for @saylor to compare his leveraged buying of #B
Bitcoin drops after Powell says Federal Reserve 'not allowed' to own the cryptocurrency
Bitcoin's price dipped Wednesday after Federal Reserve Chairman Jerome Powell said the central bank is not looking to hold the cryptocurrency.
Stock market today: Indexes trade mixed ahead of Fed rate decision and Powell's commentary
Markets are pricing in a 95% chance the Fed will cut rates 25 basis points at their December policy meeting. The outlook in 2025 is less certain.
Treasuries Will Rebound From Fed’s Hawkish Signals, MLIV Pulse Shows
(Bloomberg) -- The worst Treasuries selloff since 2013 on a Federal Reserve meeting date is likely to prove short-lived, according to a survey of Bloomberg Terminal subscribers.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousBenchmark 10-year Treasuries will yield 4.4% at the time of the central bank’s March gathering, from about 4.51% now, according to the median of 81 responses in a Markets Live Pulse survey. The poll was conducted Wednesday after policym