Stocks Lose Steam as US Housing Data Disappoint: Markets Wrap

(Bloomberg) — Stocks lost traction at the end of a strong week after a disappointing reading on the housing market, with traders awaiting data on US consumer sentiment. Most Read from Bloomberg... Read more »

Institutional adoption of Bitcoin ETFs surges 27% in Q2

The institutional adoption of spot Bitcoin exchange-traded funds (ETFs) saw a significant uptick during the second quarter of 2024 despite Bitcoin’s recent correction. Institutional adoption of the United States-based spot Bitcoin (BTC)... Read more »

Low users, sex predators kill Korean metaverses, 3AC sues Terra: Asia Express

Our weekly roundup of news from Asia curates the industry’s most important developments. South Korean metaverses are closing amid scandals and disinterest South Korea’s tech-savvy population, blazing-fast internet, and deep-rooted gaming culture... Read more »

Stocks will embark on a run of gains unseen in 30 years after the Fed cuts rates, Wells Fargo strategy chief says

Wells Fargo says falling inflation and resilient economic growth could be setting up the stock market for a rehash of 1995.AP Photo/Richard Drew Stocks could be poised for a 1995-like rally, according... Read more »

Ethereum traders say ETH price at risk of a deeper correction to $1.6K

Ether’s price is trading 25% above the eight-month low of $2,112, reached on Aug. 5. The second-largest cryptocurrency by market capitalization has been on an uptrend, gaining 13% over the last seven... Read more »
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