Recession-proof stocks are leading the market’s latest leg higher

Stocks have rebounded from a rough April, led by two sectors that typically outperform when the economy is in a downturn. Since April 16, around when the S&P 500 (^GSPC) hit its... Read more »

Stablecoins on Bitcoin coming soon, suggests Lightning Labs CEO

Stablecoins running on Bitcoin are edging closer to reality through new functionality built by Lightning Labs using the network’s Taproot upgrade implemented in late 2021. Elizabeth Stark, CEO of Lightning Labs, unpacked... Read more »

3 Bored Apes gone phishing, fantasy.top fees beat Tron and more

Bored Ape owner loses 3 rare NFTs to phishing attack A phishing attacker has pilfered three rare-trait Bored Ape Yacht Club nonfungible tokens (NFTs) worth a total of around 56 Ether (ETH),... Read more »

Stocks could tank after an ill-advised ‘melt-up’ if the Fed cuts rates to avoid recession

Getty Images There’s a growing risk of a stock market melt-up, according to market veteran Ed Yardeni. Yardeni said the return of the “Fed Put” means stocks could soar on the anticipation... Read more »

Bitcoin price to ‘sustain’ $265K level once boring consolidation ends — Analysts

Bitcoin’s (BTC) price could continue its uptrend and triple its market capitalization, propelling its price above $260,000, according to founder and CEO of on-chain and market analytics firm CryptoQuant Ki Young Ju.... Read more »
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