U.S. stocks remained near record highs on Tuesday but saw a largely muted opening as the previous session’s spike cooled amid gold’s surge to a new all-time high. Summary Dow Jones Industrial Average opened higher, but stocks were largely muted in early trading Tuesday. Gold surged to new highs above $3,800, with investor sentiment upbeat
The Fed cut interest rates by 25 basis points last week, in line with expectations. Expectations for a further rate cut are diminishing due to inflation concerns. While FED members have different opinions on interest rate cuts, two FED members made warm statements. Accordingly, Fed Vice Chair for Supervision Michelle Bowman stated that it is
Will Bitcoin Crash? The Question on Every Trader’s Mind The crypto market is at a crossroads, and Bitcoin is once again at the center of debate. On one side, BlackRock, Fidelity, and other ETFs offloaded $363 million worth of Bitcoin, sparking fears of a major correction. On the other, analysts point to gold’s recent breakout
For users of the BNB Chain, the release of TEA makes it possible for them to carry out on-chain actions such as swapping, earning yield, and sending tokens. In a manner that is analogous to the cross-chain TEA, the transaction agent on Binance employs a deterministic reasoning tree for typical DeFi flows, with LLM fallback
Story Highlights Gold hits record highs, now up around 40% YTD Binance’s CZ reacts to it, flagging its limitations Analysts suggest Bitcoin rally could follow next Gold has been hitting record highs, inching closer to the $3,800 mark. It is up over 40% year-to-date. The precious metal is experiencing a rally driven by factors like
Summary Michael Saylor stepped into the Bitcoin Core vs Bitcoin Knots battle, voicing remarks that cast a shadow on Bitcoin Core’s upcoming upgrade. The upgrade will remove the spam filter, allowing posting big-size images and other types of content on Bitcoin. Critics say arbitrary data will make it harder to use Bitcoin as electronic cash.
Zerohash secures $104M in Series D, valuing the crypto startup at $1B. Interactive Brokers leads raise; Apollo and other strategic investors join. Zerohash expands crypto trading, stablecoins, and tokenization services. Crypto infrastructure startup Zerohash has secured $104 million in fresh funding, drawing support from some of the world’s most prominent financial institutions, including Morgan Stanley
Much has been made of bitcoin’s underperformance to gold — which Tuesday hit yet another in a long series of records, crossing above $3,800 per ounce for the first time. But gold isn’t the only asset partying while bitcoin stagnates under $115,000. U.S. stocks have also been notching record highs on what seems to be a
Globally, there are now 241,700 people whose crypto holdings put them in the millionaire ranks, up 40% in a year, as digital assets start to influence how the rich transfer funds or secure residency and citizenship. Henley & Partners’ Crypto Wealth Report 2025 estimates that, by June, the tally of Bitcoin millionaires rose 70% year
El Salvador transferred more than $678 million worth of Bitcoin into several wallets for security purposes. The government moved approximately 6,274 BTC from a single national address into 14 separate addresses in a single sweep, each capped at 500 BTC, in late August. The decision, confirmed by the National Bitcoin Office (ONBTC), was reportedly made