President-elect Donald Trump said on Saturday that oil and gas industry executive Chris Wright, a staunch defender of fossil fuel use, would be his pick to lead the Department of Energy.
Wright is the founder and CEO of Liberty Energy, an oilfield services firm based in Denver. He is expected...
Asset manager and investor Anthony Pompliano recently stated that the global Bitcoin BTC$89,909 arms race between sovereign nations and governments has already started.
In an appearance on Yahoo Finance, Pompliano argued that market participants believe President-elect Trump will keep his campaign promises and establish a Bitcoin strategic reserve, and that doing so would be...
Prediction markets had a breakout moment during the presidential election, when they proved to be more accurate than most opinion polls.
So with various cryptocurrencies soaring since Donald Trump won the election, maybe prediction markets can accurately answer the question, "How high will Bitcoin go?"
On the crypto-based Polymarket, where the so-called French...
Goldman Sachs, a major global investment bank once critical of Bitcoin, has disclosed significant holdings in Bitcoin exchange-traded funds (ETFs).
In a Nov. 14 filing with the United States Securities and Exchange Commission, Goldman Sachs reported about $718 million...
Stocks tumbled on Friday as the postelection rally fizzled and investors fretted over the path of interest rates.
The Dow Jones Industrial Average lost 305.87 points, or 0.70%, to end at 43,444.99. The S&P 500 slipped 1.32% and closed at 5,870.62,...
Hedge funds including Millennium Management, Capula Management and Tudor Investment increased their exposure to U.S. spot bitcoin exchange-traded funds in the third quarter, securities filings showed, as a popular election-driven arbitrage trade ramped up.
President-elect Donald Trump embraced digital...
Some of the largest banks in the UK may have to pay billions of pounds to consumers over contentious lending practices at car dealers.
In response to an October judgement by the UK’s Court of Appeal, many...
Bitcoin Could Reach $180,000 by Next Year, Says Vaneck’s Sigel
Sigel’s outlook on bitcoin (BTC) remains bullish, fueled by what he identifies as indicators of a continued rally. Following recent price surges, he noted that BTC has seen similar patterns during past cycles, notably around elections, with rising demand and steady price recovery. According...
Disney might be proving the world’s most famous investor wrong.
Last year, Warren Buffett, “The Oracle of Omaha,” told CNBC’s Becky Quick he had no faith in the business of streaming video.
“Streaming ... it’s not really a very good business,” Buffett said on April 12, 2023. “The shareholders really haven’t done that great over...
The Bitcoin price has soared to a new all-time high, driven by the bullish sentiment generated by the Donald Trump effect following the just-concluded US Presidential elections. The last time Trump won the US election in 2016, Bitcoin experienced a similar bullish reaction, surging to new ATHs around that time.
The Trump Effect On...
