Bitcoin's slump to its lowest level since late 2024 reflects a hawkish Federal Reserve, exchange-traded fund outflows and a shift of capital into AI, the bank said.
Baillie Gifford Enhanced Yield Fund (BAGEY) is denominated in dollars, and gives eligible investors access to an actively managed, short-duration portfolio of public corporate bonds.
The U.K. central bank abandons retail holding limits for a 40-billion-pound aggregate cap and sweetens yield terms for token issuers ahead of a 2027 market launch.
While monetary policy is expected to remain unchanged, markets are focused on whether the new chair begins reshaping how the U.S. central bank communicates.
Binance and its local partner do not hold the necessary license required to operate in the country, the Philippine central bank said, according to a local media report.
BlackRock (BLK) is closely watching Wednesday's CPI as an early test of how U.S.-Iran tensions are feeding into already elevated prices in the economy.
The main driver behind bitcoin's weakness was ETF selling after red-hot April U.S. inflation data, 10x's Markus Thielen argued. The bounce may hinge on Wednesday's CPI data, he said.
The U.S. Fed issued a revised proposal on the structure of payment accounts, taking the next step to build on an earlier pitch for so-called skinny accounts.
The Real Vision founder said that humanity is entering an ?exponential age? where AI, crypto and tokenization could rewrite finance, labor and culture.
Donald Trump's executive order asks the Fed to review how depository institutions may be granted access to payment services, an area the crypto industry is deeply involved with.
Long-term holders are still sitting tight and exchange balances remain near six-year lows, Binance Research data shows, but underwater short-term holders leave BTC vulnerable to macro shocks.
Led by Michael Saylor, the company aims to retire half of its outstanding 0% 2029 converts as it restructures liabilities tied to its bitcoin treasury strategy.
Restrictions proposed by the BOE prompted criticism from the crypto industry, which said they risked preventing the U.K. from being competitive in the digital economy.
Bitcoin rolled back to $81,200 after dipping to $79,800 on Tuesday's hotter-than-expected U.S. inflation reading, while BNB zoomed 2.5% over 24 hours and dogecoin added 1.3% as crypto funds saw their strongest weekly inflows in months.
Bitcoin and Nasdaq have rallied sharply, but U.S. consumer sentiment has fallen to historic lows, highlighting a widening Wall Street?Main Street divide.
The initiative sought to amend Switzerland's constitution, requiring the Swiss National Bank (SNB) to hold BTC alongside gold and foreign-currency reserves.
Tetra Trust's new stablecoin, CADD, is aimed at institutional use for 24/7 cross-border settlement, real-time corporate treasury, and direct fintech transfers, replacing legacy batch systems.
The ban applies to fintechs and payment firms, closing the back-end payment rail for cross-border flows, but individual crypto investors can still buy and hold assets.
The Czech Central Bank purchased $1 million in bitcoin in October to run tests and conduct a study and found it is more efficient than stocks and gold but much too risky.
The Justice Department passed an investigation of Fed Chair Jerome Powell to the Fed's own inspector, which could clear a confirmation path for Kevin Warsh.
The nominee, Shin Huyn-song, supported a central bank digital currency model, emphasizing the need for strict anti-money laundering and compliance controls.
Bitcoin's correlation with global central bank easing has turned strongly negative since 2024, suggesting BTC now leads rather than lags monetary policy signals.
The recent surge in oil and gas prices has driven up inflation expectations, causing markets to adjust their bets on Federal Reserve rate cuts, with traders now pricing in a near 40% chance of no rate cuts this year.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
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