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Traditionally, conflict has been a profitable endeavor for the U.S. defense industry, with the nation’s production capacity expansion during the … Continue reading
The post 2 defense stocks to buy this week amid U.S. – Iran war appeared first on Finbold.
Rising oil prices are shaking global markets, but the U.S. is largely insulated and bitcoin seems to be riding the wave alongside Wall Street.
Veteran strategist Ed Yardeni raised his probability of a stock market crash this year as oil tops $100, the dollar posts its best week in a year, and the Iran conflict expands to Saudi Arabia.
Tokenized crude oil futures saw their largest liquidation event on crypto venues as the conflict expanded to Saudi Arabia and Gulf oil production collapsed.
Nikkei drops more than 6%, and Kospi slides about 8% as traders price supply disruption risk, while prediction markets show strong odds of $120 crude.
There was little sign over the weekend of any de-escalation in the war against Iran.
As crypto passes into mainstream use, it’s losing its rebel soul. It may still express rebellion, but won’t be rebellion anymore, says Callon-Butler.
Canadian billionaire Frank Giustra has warned that Bitcoin (BTC) faces existential risks from quantum computing and artificial intelligence (AI). In … Continue reading
The post Billionaire investor warns Bitcoin ‘will be lucky to survive’ quantum computing after this period appeared first on Finbold.
The central debate has shifted from whether bitcoin can survive to if it can function as a sovereign reserve asset, as critics assess it by institutional standards.
Cryptocurrency expert PlanB, the creator of the Stock-to-Flow model for Bitcoin (BTC), has reaffirmed his prediction that the asset will … Continue reading
The post Crypto expert Plan B predicts Bitcoin will hit $500,000 during this period appeared first on Finbold.