U.S. stocks usually stumble after Fed hikes, but these markets tend to climb, says Citi
The relative returns for Japanese and U.K. equities reach between 2% and 3% on average following the first interestrate raise in a hiking cycle by the Federal…
Goldman Sachs flips on oil-price forecasts and says $120 Brent could be next.
In the span of just three months, Goldman Sachs analysts have gone from lowering their oilprice forecasts to hiking them. Source:MarketWatch
‘Captain America’ star Chris Evans sells his L.A. home, but at $1 million under asking price
Chris Evans has taken a $1.01 million hit on his Los Angeles mansion, selling the property for $5.38 million as he bids farewell to California and makes his…
Bitcoin’s golden cross is here
A golden cross has triggered on bitcoin's daily price chart, indicating a potential longterm bullish trend ahead. Source:CoinDesk
Australia says it removed 45 crypto, remittance registrations over the past year
AUSTRAC said its yearlong sweep included canceled, suspended and unrenewed registrations, while its action against GetCoins helped disrupt organized investment…
Metaplanet CEO breaks silence but shareholders say the hard questions remain unanswered
Simon Gerovich said Metaplanet had not adequately explained the structure, and denied involvement in MMXX Ventures’ trading decisions. Source:CoinDesk
UK financial watchdog weighs lifting prediction markets ban: Report
Companies offering binary options for retail investors have been barred from selling, marketing and distributing products in the UK since 2019 following a…
Joe Biden’s son to launch memecoin, will send to TRUMP holders: WSJ
Hunter Biden will reportedly distribute 200 million of the LAPTOP token to his substack subscribers, members of a mailing list and investors in President…
Bitcoin chips away at weekend upside as $80K hangs in the balance
Bitcoin price fell 2% in lowliquidity conditions as the US Labor Day holiday saw $80,000 once again slip from bulls’ grasp. Source:Cointelegraph
DBS and Citi complete weekend USD payment via Swift’s Digital Ledger using tokenized deposits
The transaction is the second confirmed live use of Swift's blockchain ledger, coming as the network races to prove it can compete with digital payment rails…
Why the launch of OpenAI’s latest Astra model reignited the memory chip trade
Since troughing on July 29, the semiconductor sector has been recovering steadily with the OpenAI ChatGPT6 Astra release bolstering sentiment further…
A $2,000 iPhone is coming soon as Apple aims for high-end buyers
Apple’s launch event on Wednesday is likely to feature the iPhone 18 and 18 Pro — as well as a foldable iPhone Ultra with a starting price near $2,000.…