Robert Kiyosaki, the veteran investor and author of Rich Dad Poor Dad, said that major bubbles in US economy would start busting soon, and so Bitcoin will bust too, along with it. Following last week’s all-time high of $123,000, BTC price has seen some pullback and is currently trading at $118,000 amid profit-booking by long-term The post “Bitcoin Will Bust ...
A crypto expert has predicted a 1,300% surge in the XRP price amid a growing rise in activity on the XRPL (XRP Ledger). The expert sees parallels with the explosive run of 2017, while on-chain data and real-world use cases suggest this cycle could be even bigger. XRP Ledger Gains Momentum as SWIFT Volumes Drop The post Expert Predicts XRP ...
Sector Rotation Stalls, Tech Remains King Despite a slight rise in the S&P 500 over the past week, the sector rotation landscape is presenting an intriguing picture. For the first time in recent memory, we’re seeing absolutely no changes in the composition of the sector ranking — not just in the top five, but across the board. Will this stability ...
The U.S. shipbuilding industry is looking for help. A South Korean company is answering the call. Hanwha Philly Shipyard CEO David Kim, nodding to the gargantuan vessels under construction just off the Delaware River, on Wednesday offered the kind of vision that has brought some optimism back to the U.S. shipbuilding community. “You take that level of experience, the technology ...
Elon Musk’s health tech company Neuralink labeled itself a “small disadvantaged business” in a federal filing with the U.S. Small Business Administration, shortly before a financing round valued the company at $9 billion. Neuralink is developing a brain-computer interface (BCI) system, with an initial aim to help people with severe paralysis regain some independence. BCI technology broadly can translate a ...
Statistics Canada released June’s consumer price index (CPI) data on Tuesday (July 15). The report showed that year-over-year inflation gained momentum during the month, rising to 1.9 percent from the 1.7 percent recorded in May. The increase was attributed in part to the 13.4 percent year-over-year decline in gas prices seen in June, as it was a smaller drop than ...
Investors honed in on tech stocks again as Q2 earnings season kicked off on Monday (July 14). Some experts believe the rallying market is showing signs of frothiness. Apollo Global Management (NYSE:APO) Chief Economist Torsten Sløk highlighted concerns about overvaluation mid-week, comparing the current tech craze to the dotcom bubble of the 1990s. “The difference between the IT bubble in ...
Between July 14 and 19, 58 Bitcoin treasury updates were recorded, coinciding with Bitcoin’s price reaching $123,000 as 21 companies added approximately $810 million in BTC to their corporate treasuries. The roundup also included four new treasuries, 17 future treasury announcements, 11 active BTC fundraising plans, and five other related disclosures. Corporate Bitcoin Treasury Surge The post Bitcoin Treasury Companies ...
Ethereum (ETH) has performed better than Bitcoin (BTC) in the last week with a 21% price increase. These gains have matched with the beginning of an altcoin season that has led to the market share of Bitcoin dropping to notable lows in the last seven days. Due to these factors, there are sparking talks about The post Ethereum Price Prediction ...
In this video, Mary Ellen spotlights the areas driving market momentum following Taiwan Semiconductor’s record-breaking earnings report. She analyzes continued strength in semiconductors, utilities, industrials, and AI-driven sectors, plus highlights new leadership in robotics and innovation-focused ETFs like ARK. From there, Mary Ellen breaks down weakness in health care and housing stocks, shows how to refine trade entries using hourly ...
The Nifty traded in a broadly sideways and range-bound manner throughout the previous week and ended the week with a modest decline. The Index oscillated within a narrow 276-point range, between 25144.60 on the higher end and 24918.65 on the lower end, before settling mildly lower. The India VIX declined by 3.60% over the week to 11.39, suggesting continued complacency ...
With the passing of Crypto bills like the GENIUS Act, CLARITY Act, and anti-CBDC laws this week, Peter Schiff slams the US president over his signing the bills into law. Bitcoin critic Schiff added that these are just tools to hype BTC, and that the stablecoin bill would do no good to the already collapsing The post “Decentralized Ponzi Scheme”- ...