Goldman Sachs cuts year-end gold target by $500, doubting rate cuts
Goldman Sachs lowered its year-end gold forecast by $500 an ounce, citing expectations that the US Federal Reserve won’t cut…
Category: Financial
AllUnity debuts SEKAU, a fully reserved Swedish krona stablecoin
Digital asset company AllUnity is launching SEKAU, a Swedish krona-backed stablecoin issued under the European Union’s Markets in Crypto-Assets Regulation…
Kalshi IPO discussions emerge as monthly volume supasses $16 billion
Kalshi has exceeded a $2 billion annualized revenue run rate as the prediction market operator has begun early discussions with…
SK Hynix Market Cap Tops $1.32 Trillion, Leaves Bitcoin Behind
South Korean memory chip maker SK Hynix has pulled off something only one other domestic company has ever managed. Its…
Amazon Cancels Sam Altman Movie ‘Artificial’ Amid OpenAI IPO Buzz
The US-based e-commerce giant Amazon has stepped away from distributing Artificial, a high-profile biopic based on OpenAI CEO Sam Altman.…
Ali Martinez warns Strategy’s STRC mirrors Terra’s danger loop
Ali Martinez has cautioned that Strategy’s STRC structure may amplify financial stress in a prolonged Bitcoin bear market, citing similarities…
Trump says “Anthropic is no longer a national security threat” after G7 lunch with Amodei
President Donald Trump told Axios’s Marc Caputo in a pre-taped interview published June 19 that he no longer views Anthropic…
Sharp Drop in Bitcoin: What’s the Reason? Massive Liquidations Underway—Here’s the Latest
Bitcoin fell below the $63,000 level due to strong selling pressure, indicating weakening risk appetite in the cryptocurrency market. According…
Robinhood stock gains as analysts back growth despite layoffs
Robinhood Markets HOOD shares moved higher on Wednesday after multiple Wall Street firms reaffirmed their bullish outlook on the online…