Ray Dalio says to buy ‘a bit’ of Bitcoin amid potential debt crisis
The hedge fund founder with an estimated net worth of $15 billion recommended that investors overweight Bitcoin and gold rather than bonds. Source:Cointelegraph
Bitcoin on track for best week in more than two years. Can this mean the next crypto bull market has arrived?
Is bitcoin ready to move on after a lengthy slump? One analyst says investors should be careful in trying to guess a bottom for the crypto. Source:MarketWatch
South Korean lawmakers seek expanded FIU powers over unregistered crypto firms
The proposal would let the FIU investigate suspected violations and refer unregistered crypto operators directly to law enforcement. Source:Cointelegraph
Treasury buybacks could set up Bitcoin’s next move toward $180,000, says strategist
Longtime bond market investor Mark Connors sees routine government bond buybacks improving liquidity and bringing bitcoin’s next rally closer. Source:CoinDesk
Most Americans say the Trump family’s crypto investments are not ‘appropriate’: Poll
A new poll showed 63% of 1,166 Americans varied sharply along partisan lines, with a majority of Republicans saying it was appropriate for Trump and his family…
Crypto comeback? Bitcoin, ethereum are headed for their best day in months as investors flock to hard assets
After months of slumber, digital currencies are waking up, with bitcoin and ethereum shooting higher on Thursday, as traders credited President Donald Trump’s…
Cybersecurity firm unveils crypto phishing campaign targeting 885,000 phone numbers
Rapid7 unveiled a new cryptocurrency phishing campaign targeting 885,000 phone numbers, aiming to steal investors’ holdings by redirecting them to fake wallet…
Treasury’s buyback blitz may end up driving bond yields higher, warns JPMorgan. Here’s its advice for investors.
Strategists Jay Barry and Jason Hunter are predicting fallout from the Treasury’s move that they see as not even needed. Source:MarketWatch
Bitcoin ETFs draw $517M in largest one-day inflow since early May
Investors have poured more than $1 billion into US spot Bitcoin ETFs this week as BTC neared $72,000 and Ether climbed 19% to about $2,286 on Thursday.…
Retirees: This investment gives you a guaranteed 5% safe withdrawal rate
TIPS yields are at or close to 20year highs. Source:MarketWatch
The chip-stock rally hits a speed bump — but these analysts see reason to be hopeful
Previous instances of shortterm pressure on semiconductor stocks opened up opportunities for investors who bought the dip, according to one analyst.…
ServiceNow’s stock leads a software rally. Here’s what’s energizing investors.
There’s growing confidence in the idea that traditional software companies will be able to withstand AI disruption. Source:MarketWatch