David Tait, CEO of the World Gold Council, expressed his personal belief that Bitcoin will eventually go to zero, based purely on instinct as a trader rather than analytical reasoning. He noted that Bitcoin has failed to act as a hedge against risk assets during crises, instead correlating with them. Tait suggested investors holding either gold or Bitcoin should hold both, as they offset each other. Meanwhile, he highlighted that gold's price rally is driven by fears over unsustainable sovereign debt rather than wars or tariffs. The World Gold Council is also developing a digital platform to make physical gold more accessible to the crypto community, aiming for a proof of concept by year-end.
Lifestyle expert Meaghan B. Murphy shares easy Memorial Day hosting tips featuring Wendy's upgraded Spicy Chicken Sandwich with a juicier marinade and bold spices, and a healthy Mediterranean Tuna Salad using Genova Premium Tuna. These food ideas com...
Holzer & Holzer, LLC announced approaching deadlines for investors to seek lead plaintiff status in shareholder class action lawsuits against Vital Farms, Super Micro Computer, and Aldeyra Therapeutics. These lawsuits allege misleading statements or ...
Holzer & Holzer, LLC announced upcoming deadlines for investors to apply as lead plaintiffs in shareholder class action lawsuits against Regencell Bioscience Holdings, SES AI Corporation, and POET Technologies. These lawsuits allege that the companie...
Keysight Technologies reported Q2 earnings of $2.87 per share, surpassing analyst estimates of $2.32, with revenue up 31% year-over-year to $1.72 billion. The company saw a 56% increase in orders, driven by strong demand in AI-related businesses, sem...
Red Cat Holdings has acquired Quaze Technologies, a company specializing in wireless power transfer for unmanned systems. This acquisition addresses a key challenge in robotic autonomy by enabling autonomous recharging without manual battery swaps or...
