Goldman Sachs just slashed its 2027 gold forecast. Here are the new numbers
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Read source-attributed reporting on financial markets, the economy, cryptocurrencies and blockchain.
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There's no single catalyst behind the move. Instead, BTC was hit by a succession of negative developments while underlying demand and liquidity have weakened considerably.
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Contracts that sell power to a 4% slice of the world’s bitcoin mining at $44 a megawatt-hour expire on Dec. 31, 2027. Paraguay’s state utility calls the date final, and it has just signed a 15-year deal to power a Founders Fund-backed AI campus.
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The United States has ordered a nationwide halt to flight departures after a major air traffic control communications failure, raising fresh concerns for airline stocks already under pressure on Wall Street. Every US airport was ordered to stop departures on Friday afternoon, November 13, just six minutes before Wall Street closed. The sudden shutdown threatens The post US Shuts Down All Flights, ...
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Bitcoin sank to about $68,000 on Friday. That is its lowest price since August. US stocks tied to the coin went down with it. The companies that mine new Bitcoin took the worst hit. Hut 8 dropped 6%. Riot Platforms and MARA Holdings each lost 3.9%. Coinbase, the largest US crypto exchange, slipped just 0.5%. The post Bitcoin Miners Lead Wall Street's Crypto Sell-Off: Why Are They Falling Hardest? ...
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President Donald Trump has nominated Steven Levine to replace Hester Peirce at the US Securities and Exchange Commission (SEC). The Republican lawyer would serve a term ending June 5, 2030. Peirce, widely known as “Crypto Mom,” led the SEC’s Crypto Task Force before leaving the agency on October 2. Levine has said little publicly about The post Who Will Police Your Crypto at the SEC? Trump Just Pi...
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Fed Chair Warsh’s quiet style of communicating interest-rate policy has led to more volatile markets.
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“I‘’m considering a pre-law track … I’m just a bit hesitant because of how expensive law school is.”
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While shares of Nvidia look cheap on paper and on the charts, Wall Street analysts see more volatility ahead.
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The Freedom Capital head of technology research noted that the stock with Thursday's decline is trading at just 10 times fiscal 2028 earnings estimates from analysts.
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The Digital Crime Task Force aims to proactively trace illicit USDT on Tron and freeze funds before they move—just weeks after the trio’s near-identical T3 unit, built with rival firm TRM Labs, quietly collapsed.
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Nvidia's ousted CEO Jensen Huang's downfall isn’t just your run-of-the-mill salacious billionaire sex scandal. He was using his influence to push the AI industry in some very specific ways.
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The dollar climbed to 159.94 yen early Thursday in Tokyo, its strongest level in more than two months. Hot US inflation data and rising bets on a Federal Reserve (Fed) rate hike drove the move. That leaves the yen just short of 160, a level markets watch for signs of Japanese intervention. Japan spent a The post Hot US Inflation Drags the Yen Close to 160. Will Japan Step In Again? appeared first ...
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XRP (XRP) has dropped 19.57% over the past week to $1.05, according to BeInCrypto Markets. Yet XRP shark wallets, which hold at least 10,000 tokens, keep multiplying as Binance traders cut leverage. The token now sits just above $1, a level Santiment calls the key support to defend. US spot XRP exchange-traded fund (ETF) investors, The post XRP Sharks Buy the Dip While US Funds Sell. Who Wins the ...
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South Korea’s Financial Services Commission (FSC) will let crypto exchanges freeze deposits and withdrawals when a hack is only suspected, not confirmed. Korean traders gain faster theft protection but lose certainty over when coins can leave an exchange. The FSC also wants all 28 registered crypto businesses inside the Financial Security Institute (FSI), the sector’s The post South Korea Just Cha...
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Various “structural changes” afoot in the memory industry could help Sandisk shares more than double from here, according to an Evercore analyst.
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Despite a historic stock market crash last week, the S&P 500 has largely recovered, and it’s now just 2.5% away from a new all-time high. Throughout 2026, Bitcoin has moved along with the stock market, driven by similar macroeconomic trends. However, the crypto market downturn is largely unmoved, so far. How the S&P 500 Bounced The post S&P 500 Sits 2.5% From a Record High Despite the Stock Mark...
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