Bessent's $4 billion bond buyback wanted lower yields. It got a bitcoin surge instead.
Bessent’s bondbuyback plan fails to curb Treasury yields. Here's what it means for bitcoin and gold Source:CoinDesk
Crypto holds big weekly rally as Warsh’s Jackson Hole debut comes into focus
Bitcoin holds above $77,000 after a 21% week, with XRP up 46% over the same stretch. Asian stocks fell as Samsung and Alibaba slid. Source:CoinDesk
We are so back! Bitcoin’s 23% rally on US debt policy: Hodler’s Digest
The US may face a debt crisis within three years according to Ray Dalio, and debtrelated issues helped fuel a rally in Bitcoin that could mark the beginning of…
Stock futures slip as U.S. and Canada appear headed for trade war
U.S. stockindex futures dipped on Sunday, as it appeared the U.S. was on the verge of an allout trade war with Canada, one of its biggest trade partners.…
XRP on track for biggest weekly gain in 21 months as Treasury buyback spurs 'curve control' hopes
XRP’s price has surged by 50% this week, the best performance since November 2024. Here's what's driving the rally. Source:CoinDesk
Nvidia is the beating heart of the AI boom and the stock market — which sets up a big test
Nvidia is due to report earnings on Wednesday, and “a very broad universe of companies” is tied to the themes that the chip giant represents. Source:MarketWatch
The Treasury’s bond-market intervention isn’t working. So what comes next?
You can’t just sweep $40 trillion in U.S. national debt under a rug and forget about it — or so the bond market appears to be telling Treasury Secretary Scott…
I’m turning 70. Here’s how I’m making this decade the richest of my retirement.
Tweaking my finances, work and life as I go from the “gogo” years to the “slowgo” years. Source:MarketWatch
Canada announces retaliatory tariffs on U.S. goods after trade talks break down
Canada Prime Minister Mark Carney on Saturday announced his country would impose “dollarfordollar” tariffs on U.S. goods — a retaliatory measure after trade…
Kalshi off-limits in multiple states as prediction markets, CFTC team up for battle
Washington state is cut off for Kalshi customers while the company combats the development in court and its federal regulator keeps pursuing new rules.…
Why an announcement from the Treasury sparked a rally in gold and bitcoin this week
Cryptocurrencies and precious metals shot higher, while the U.S. dollar weakened, after the Treasury Department said it planned to double its bond buybacks.…
Move over, credit cards: Social-media stars are tapping magic wands to buy things
Taptopay is getting a TikTok makeover as shoppers turn checking out into a personalized accessory. Source:MarketWatch