Bitcoin steadies as limited U.S. exposure to oil shocks calms markets
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.
Oil
Oil futures surge 20% past $110 as war fears hammer Asian stocks, bitcoin steady near $67K
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.
‘No deal with Iran’: Trump demands unconditional surrender, sending oil surging, bitcoin and stocks lower
The outlook for the Fed grew cloudier on Friday, as the employment market weakened appreciably even as inflation could be worsening.
Circle shares boosted by Middle East tensions, rising oil, fading rate cut hopes, says Mizuho
The stock has risen about 20% since the U.S. strikes on Iran over the weekend.
This commodity ‘goes crazy’ next after Iran strikes, says prominent investor
Amid escalating tensions in the Middle East after the United States and Israel launched strikes on Iran, a prominent investor … Continue reading
The post This commodity ‘goes crazy’ next after Iran strikes, says prominent investor appeared first on Finbold.
Strategist identifies the major catalyst for gold’s path to $4,000
Bloomberg Intelligence senior commodity strategist Mike McGlone has suggested that gold’s performance relative to crude oil could serve as the … Continue reading
The post Strategist identifies the major catalyst for gold’s path to $4,000 appeared first on Finbold.
Bitcoin’s Poor Start to Bullish October Continues, but There May Be Cheer Ahead for Bulls
Most gains come in the latter part of the month.
IMF Says CBDCs Could Boost Middle East’s Financial Inclusion, Payment Efficiency
Central bank digital currencies (CBDCs) may not be essential to achieving intended policy goals, instead addressing underlying constraints and improving other digital payment systems may be a more practical alternative, a survey of 19 central banks in the Middle East and Central Asia (ME&CA) region by the International Monetary Fund’s (IMF) has said.
Oil prices in US Dollars could triple from here, expert warns
As geopolitical tensions continue to shape commodity prices, it’s unsurprising that oil has seen a significant uptick in recent months … Continue reading
The post Oil prices in US Dollars could triple from here, expert warns appeared first on Finbold.
This Warren Buffett stock is now on a major winning streak
Perhaps the best-known and most successful investor of all time – maybe barring Enrico Dandolo – Warren Buffett has proven … Continue reading
The post This Warren Buffett stock is now on a major winning streak appeared first on Finbold.