In 2026, Bitcoin and gold are uniquely down—Bitcoin by about 27% and gold by 3%—while all major stock categories are up, marking an unprecedented market pattern. This divergence is driven by capital rotation from recent winners to laggards, higher real interest rates, and a stronger U.S. dollar, which particularly pressure non-yielding assets like Bitcoin and gold. The year challenges Bitcoin's narrative as "digital gold" and a short-term safe haven but does not disprove its long-term store-of-value role. Investors should recognize that Bitcoin and gold may not provide reliable short-term protection in this macro environment but could still hold value over longer horizons.
Pasithea Therapeutics announced positive Phase 1/1b results for PAS-004, showing significant reductions in cutaneous neurofibromas (cNF) size by up to 71% with continued treatment and early activity in plexiform neurofibromas (PN). The drug demonstra...
Eramet announced a €500 million share capital increase through a rights issue, offering 6 new shares for every 5 existing shares at €14.49 each. The proceeds will be used to reduce the company's debt and strengthen its balance sheet as part of a prev...
The 9th Shandong-South Korea Economic and Trade Cooperation Conference and Yantai South Korea Week began on November 6 in Yantai, Shandong Province, highlighting strong economic ties between Shandong and South Korea. Over 150 enterprises participated...
The SUI token, native to the Sui network, dropped 1.91% to around $0.80 as of early Friday ET. SUI is essential for transaction fees, staking, and liquidity within the network, which has a capped supply of 10 billion tokens. This price movement refle...
In October, the US private sector gained $401 billion in new spending power, the highest since July, supporting strong equity inflows, particularly benefiting the S&P 500. However, sector rotation away from AI leaders signals a shift away from the 'T...
