Gold and silver prices edged lower in early U.S. trading as firm U.S. Treasury yields and a steady dollar limited gains despite bargain hunting after a post-inflation data pullback. Gold traded near $4,588.50 an ounce, down 0.10%, and silver near $67.95, down 0.06%. Strong labor market data and steady inflation readings from July's PCE report kept expectations for a possible Fed rate hike alive, supporting yields near 4.7%. Traders are watching upcoming economic reports and Fed Chair Kevin Warsh's speech for further clues on monetary policy. Geopolitical tensions in the Strait of Hormuz add mixed signals for gold, balancing inflation concerns against lower oil risk premiums.
X has filed a lawsuit in England against two named individuals and unidentified operators, accusing them of manipulating engagement across Bitcoin-focused accounts to fraudulently earn at least £207,384 through its Creator Revenue Sharing program. Th...
The iShares US Small Cap Value Factor ETF (SVAL) remains rated as Hold due to its portfolio's heavy financial sector exposure and a strong 6.8% earnings yield, which is 1.7 times higher than the broader market ETF IVV. However, the fund shows persist...
Uniswap founder Hayden Adams revealed that Sam Bankman-Fried (SBF) paid a seven-figure sum for the Uniswap.com domain after Uniswap Labs declined the seller's price. The domain had been redirecting visitors to SushiSwap, a competing decentralized exc...
ZetaChain token holders voted overwhelmingly (99.4%) to shut down the project's independent Layer 1 blockchain and migrate ZETA tokens to Solana as native SPL tokens. The migration will convert tokens on a 1:1 basis, with a change in decimal precisio...
The Vanguard International High Dividend Yield ETF (VYMI) maintained positive absolute returns even as US economic growth rebounded strongly and the Federal Reserve confirmed a higher-for-longer interest rate stance. This environment compressed valua...
