The June jobs report is expected to be a key event influencing interest rates, currencies, and risk assets through September. A stronger-than-expected report could prompt the Federal Reserve to tighten monetary policy further, flatten the yield curve, and strengthen the dollar, which may pressure stocks and precious metals. Recent trends show payrolls often surpass forecasts, increasing the chance of a hawkish market reaction. With the next Fed meeting scheduled for September, this report will set the tone for global financial conditions over the summer.
Galaxy Digital CEO Mike Novogratz warns that MicroStrategy's recent sale of 32 Bitcoin, its first since 2022, shattered the long-held belief that the company would never sell. Although the sale was small relative to MicroStrategy's total holdings of ...
Firmus Technologies, originally a Bitcoin mining company, has partnered with Nvidia to provide access to its GPU clusters in Singapore and Australia via Nvidia's DGX Cloud Lepton marketplace. This collaboration supports Project Southgate, aiming to b...
Tether is expanding the use of its tokenized gold, XAU₮, by integrating it into Ledn's lending platform. This allows holders to borrow against their gold tokens without selling the underlying physical gold, enhancing liquidity while maintaining asset...
Micron Technology has transformed from losing money three years ago to becoming one of the most profitable companies in the U.S. This turnaround is driven by the booming demand for memory chips essential to artificial intelligence, with AI companies ...
Strategy, led by Michael Saylor, has increased its Bitcoin holdings to 847,363 BTC valued near $51 billion, signaling ongoing accumulation despite market volatility. Recent purchases include 2,070 BTC bought in early June through stock sales, reinfor...
