🔍Market Summery

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.

Peter Schiff Calls Bitcoin's Comparison to Gold a 'Misconception', VanEck CEO Says Own Both

Peter Schiff Calls Bitcoin's Comparison to Gold a 'Misconception', VanEck CEO Says Own Both

Peter Schiff doubled down on his Bitcoin criticism, arguing it should not be viewed alongside gold and silver, while VanEck‘s CEO took the opposite view, saying Bitcoin’s correction offers an attractive buying opportunity.Schiff Rejects Bitcoin ComparisonIn an X post on Aug. 11, Schiff said Bitcoin…

Bitcoin drops to one-week low as retail buys gold at highest prices since June

Bitcoin drops to one-week low as retail buys gold at highest prices since June

Bitcoin (BTC) headed lower around Tuesday’s Wall Street open as investors’ appetite for gold sent the precious metal to nine-week highs.Key points:Bitcoin takes a backseat as gold steals the limelight climbing to $4,435 per ounce.Analysis eyes the Bitcoin-gold positive correlation still in place.Key…

Gold hits 6-week highs on China demand as Bitcoin ignores fresh S&P 500 record

Gold hits 6-week highs on China demand as Bitcoin ignores fresh S&P 500 record

Bitcoin stayed wedged at $64,000 on Wednesday’s Wall Street open as gold hit six-week highs.Key points:Gold analysis eyes Chinese demand as the precious metal hits its highest levels in six weeks.Bitcoin (BTC) sees a second day of lackluster performance against US stocks as the S&P 500 index builds …

Binance.US to apply for CFTC license in August for prediction market platform

Binance.US to apply for CFTC license in August for prediction market platform

Binance.US is planning to apply for a license from the Commodity Futures Trading Commission next month to launch its own prediction market platform.Chief Executive Officer Stephen Gregory said during the Rare Evo conference in Las Vegas that the U.S. crypto exchange is set to apply for a designated …

Markets Muted Amidst Rate Hike Fears

Markets Muted Amidst Rate Hike Fears

CANBERA (dpa-AFX) - The recent spike in crude oil prices, fears of increase in interest rates as well as worries about the valuations in the tech sector swayed global market sentiment. Anxiety ahead of the FOMC scheduled for July 29 impacted markets significantly.Wall Street Futures are trading in m…