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Investors continue to pour into gold amid macroeconomic uncertainty and ongoing geopolitical tensions that have impacted risk asset prices. Tokenized gold carries several benefits over other forms of paper gold, including gold exchange-traded funds (ETFs), according to Melissa Song and Dustin Becker, representatives of Gold DAO, a decentralized autonomous organization that facilitates investor access to…
Elon Musk slams The Wall Street Journal for publishing a “deliberately false” article, echoing recent backlash from Binance and Tether executives. Tesla CEO Elon Musk has lashed out at The Wall Street Journal (WSJ), calling the publication’s latest report “an EXTREMELY BAD BREACH OF ETHICS,” after it claimed the Tesla board was actively seeking his…
Revolut doubles profit to 1 billion pounds in 2024, driven by crypto trading growth, 15 million new users and a long-awaited UK banking license. Fintech giant Revolut reported a record-breaking year, doubling its pre-tax profit to 1 billion British pounds ($1.3 billion) in 2024, driven by rapid customer growth and a resurgence in cryptocurrency trading….
Tech executives and investors feared the effect of sweeping tariffs impacting tech products at multiple stages of the supply chain. United States President Donald Trump has exempted an array of tech products including, smartphones, chips, computers, and select electronics from tariffs, giving the tech industry a much-needed respite from trade pressures. According to the US…
Coin Bureau founder Nic Puckrin said he expects two 25 basis point rate cuts from the Federal Reserve in 2025 and no quantitative easing. The United States has a 40% chance of a recession in 2025 amid the potential for a protracted trade war and macroeconomic uncertainty, according to market analyst and Coin Bureau founder…