US Spot-Bitcoin ETFs have experienced the largest three-day outflow since their launch. JPMorgan is considering appointing new chiefs in China as part of a reshuffle. The AI frenzy in Taiwan has given the central bank room to battle inflation. Apple and JPMorgan are focusing on paying now and growing later. Millennials are finally spending like adults. Elon Musk's presence on Twitter is problematic, even if the deal math works out. The US Fed expects a soft landing, but it may not happen.
Commodity traders have gone from a bonanza to pleading for a bailout. What if the oil market bulls are wrong and a lone bear is right? Bitcoin is uncertain as traders await guidance from the Fed on rate cuts. An exchange is investigating a flash crash that caused Bitcoin to drop to $8,900. A Treasury ETF is experiencing a record losing streak and $2 billion of outflows. Taiwan's retail investors' enthusiasm for ETFs has driven sales to a record high. Gold is popular among China's Gen Z as deflation becomes a concern. Legacy Bitcoin funds are losing money after the launch of a blockbuster US ETF. Big tech companies have a surprising rival for market supremacy: hotel REITs. Bitcoin is more popular than Taylor Swift and Beyoncé in Google searches. The MLS Cup is the winning goal in a record-breaking season for soccer in North America. The oldest sport in North America is gaining momentum in new professional locations. Canadian Football League fans are driving financial growth. Canada's Davis Cup team is finding success and support
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Cryptos soar, stocks slide as Bitcoin ETFs and inflation worries drive market splitThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
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