Axel Merk, CEO of Merk Investments, argues that while Federal Reserve Chair Kevin Warsh's hawkish stance on inflation might create short-term challenges for gold prices, it could ultimately reduce market volatility and shift investor focus to America's growing fiscal deficits. Warsh aims to reduce the Fed's reliance on forward guidance, which Merk believes will lower policy-driven uncertainty. Despite higher interest rates traditionally being seen as negative for gold, Merk emphasizes gold's role in preserving purchasing power amid fiscal and monetary instability. He also notes that geopolitical tensions affecting gold prices may normalize, reinforcing gold's long-term appeal regardless of Fed policy shifts.
Veea Inc. has announced the commercial release of VeeaONE, a full-stack AI infrastructure platform that integrates edge-to-cloud hardware and software. The platform supports VeeaWare middleware on NVIDIA Jetson and x86/Arm servers, enabling secure, l...
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
