Imagine a world where the money supply is finite, and there’s no dollars left to print. Sounds bizarre, right? But in the realm of Bitcoin, this scenario is not only possible but inevitable.
The Bitcoin network, designed...
Mortgage rates remain elevated today, and they should stay relatively high until inflation slows and the Federal Reserve lowers the federal funds rate.
While many people expected the Fed to drop the federal funds rate this spring or summer, experts say a rate cut won't happen until later this year, likely in...
World financial leaders are pushing to overhaul a system for sovereign debt restructurings that has left poor countries locked out of capital markets as China’s emergence as a key player upends traditional negotiations.
How to fix the so-called common framework initiative, hatched during the pandemic to help poor countries rework...
Bitcoin (BTC) started the week stable, changing hands above $65,800, as transaction fees have significantly lowered following the halving.
On-chain data from Mempool.space shows that medium-priority transactions are now costing $8.48 while high-priority transactions cost $9.32.
(Mempool.space)
In the initial aftermath of the halving, these fees spiked to over $146 for a medium-priority transaction and $170 for a...
Bitwise CEO Hunter Horsley has predicted that wealth management firms will increase their holdings of Bitcoin exchange-traded funds (ETFs). The prediction comes at a time when Bitcoin ETFs are expected to gain even more traction after the halving.
Horsley’s prediction aligns with the broader market belief that there is increasing demand for...
Stock Markets
Most major stock indexes are down for the week, except for the 30-stock Dow Jones Industrial Index (DJIA) which gained a slim 0.01%. All broader indexes lost ground and incurred losses. The Dow Jones Total Stock Market plummeted by 3.07% while the broad S&P 500 Index lost 3.05%....
Cryptocurrencies fell heavily and bitcoin broke below $60,000 on Friday in a rush out of risky assets following reports of an Israeli missile strike on Iran.
Bitcoin slid more than 5.5% to $59,961 in the Asia session...
Taiwan’s Weighted Index led losses in Asia on Friday, falling 3.81% and closing at 19,527.12, its lowest level in over a month as most major markets in the region fell amid escalating tensions in the Middle East.
Asian...
Super Micro Computer's lack of a preliminary earnings report led to a bloodbath in the sector.
It's rare for a $2 trillion stock to fall on no direct news, but that's exactly what happened to Nvidia (NVDA...
Bitcoin users have spent a staggering 37.7 Bitcoin in fees — worth just over $2.4 million at current prices — to nab their share of limited space on the fourth-ever Bitcoin halving block.
At 12:09 am UTC...
