Shares of Bitcoin miners and crypto companies surged as Bitcoin topped $79,000, boosted by US Treasury bond buybacks and President Trump's renewed calls for crypto regulation.
CNBC's energy newsletter examines Europe's declining natural gas storage levels, rising U.S. diesel prices, California's proposed Western Gateway pipeline project, and top energy stocks owned by hedge funds.
The US bond market flashed warning signs as yields hit a nearly two-decade high, prompting the Treasury Department to intervene with a bond buyback program. Despite temporary relief, yields rebounded, indicating investor skepticism towards Treasury Secretary Scott Bessent's reassurances of a strong economy and temporary inflation drivers. The situation impacts broader interest rates, affecting mortgages, car loans, and business borrowing, with mortgage rates nearing 6.7%.
Seoul stocks closed higher on Friday, led by gains in Samsung Electronics and SK hynix following announcements of significant shareholder return schemes. Despite retail and foreign selling, institutional buying supported the KOSPI index to a 0.88% gain.
President Donald Trump hinted at regulating and bringing the decentralized exchange Hyperliquid into the U.S., driving a 30% surge in Hyperliquid Strategies shares and an 18% jump in Hype tokens.
Bitcoin reached an 11-week high of $72,505 on Bitstamp as US stocks fell and bond yields rebounded following Donald Trump's threat of "economic warfare" against Iran.
President Donald Trump has criticized Federal Reserve interest rates as 'ridiculous' and vowed 'economic warfare' against Iran. Meanwhile, crypto markets surged on legislative support, and Moderna shares rallied following positive cancer vaccine trial results.
Bitcoin surged 6% to $69,749, reaching its highest level since June 2, following a US Treasury announcement to at least double debt buyback operations to $4 billion.
Bitcoin reached $65,000 following Wall Street's open as US stocks rebounded despite geopolitical pressure, while US 30-year bond yields hit a 29-year high of 5.34% amid fresh US-Iran signals.
Crypto exchange Kraken has launched commission-free trading for over 7,000 US-listed stocks for customers in the European Economic Area. The service, provided by its Cyprus-based firm, integrates traditional equities with existing crypto and tokenized stock offerings.
Global chip stocks shed US$3 trillion in market value following the repricing of scarcity and the assumption that the most capable AI systems would remain American and controllable.
Recent crypto updates feature BitMart's official X account demanding fund explanations from its founder Sheldon Xia, Binance bStocks surpassing xStocks, Bank Leumi partnering with Galaxy, and Singapore's mandatory tax reporting rules.
Nasdaq plans to offer nearly 23-hour US stock trading starting December 6, subject to SEC approval, expanding access for global investors and rivaling competitors pushing for round-the-clock markets.
Bitcoin rebounded to $64,000, gaining 2% following Monday's Wall Street open, while US equities dipped, gold rose over 1%, and Donald Trump threatened military action against Oman over the Strait of Hormuz.
Stocks open lower as AI component surges contrast with pressure on hyperscalers and software shares. Interest rates climb past 4.7% ahead of Fed minutes, while pharma stocks gain on new Leerink prescription data.
Storage and memory giants SanDisk, Seagate, Western Digital, and Micron are posting extraordinary year-to-date gains, driven by disciplined supply agreements and massive share buybacks rather than historical overproduction cycles.
Amid market volatility and geopolitical tensions, Wall Street analysts highlight three dividend-paying energy stocks: Phillips 66, Crescent Energy, and Viper Energy, supported by strong Q2 earnings and positive analyst ratings.
Morgan Stanley increased its crypto fund holdings in Q2, with a 23% rise in BlackRock’s Bitcoin ETF shares to 16.5 million, despite Bitcoin's price drop. The firm also expanded Ether ETF positions and initiated new Solana exposure.
China's new portfolio managers, including Yuan Zeqiang at Caitong Fund Management, suffer significant losses (up to 36%) in debut portfolios due to heavy tech stock exposure amid market volatility.
Bitcoin declined below $63,000 ahead of Friday's Wall Street open, diverging from US equities trading at all-то-all-time highs. Analysts warn a weekly close below $63,220 risks a deeper price breakdown as markets eye upcoming PCE inflation data.
Gen Z traders on Binance allocated 25% of their trading volume to ETFs in early August, while tokenized stock issuers Binance bStocks and Kraken xStocks competed for the second-largest market position.
India's oldest listed companies, such as Bombay Burmah Trading Corporation, Balmer Lawrie, and Tata Steel, offer insights into the adaptation and evolution of Indian business through colonial rule, independence, liberalization, and the digital era.
The SEC is preparing an innovation exemption for tokenized stocks and 'Regulation Crypto' to enable 24/7 onchain trading, as Bitcoin spot volumes fall to a seven-year low.
Democratic lawmakers Elizabeth Warren and Robert Garcia sent a 17-page letter demanding President Donald Trump disclose details about the thousands of stock trades made in his name, citing potential conflicts of interest.
