Michael Saylor Faces a Bitcoin Dilemma With No Easy Way Out

Michael Saylor’s Bitcoin buying machine Strategy Inc. should stop purchasing the cryptocurrency if it wants to restore market confidence in its shares. That’s according to Julio Moreno, head of research at CryptoQuant, who argues Strategy’s priority should be to...

Copper Holds Losses as Dollar and Hawkish Fed Pressure Metals

Copper and industrial metals largely held Tuesday’s slump as a stronger dollar and the Federal Reserve’s hawkish stance weighed on the demand outlook. Copper was slightly higher on the London Metal Exchange, after losing 2% on Tuesday as a bearish turn in equity...

Bitcoin Hits Two-Week Low as Tech Selloff Sparks Risk-Off Mood

Bitcoin fell to an almost two-week low as a selloff in tech stocks hit risk assets. The original cryptocurrency fell as much as 3.9% to $61,877, its lowest level since June 11. It pared some losses to trade around $62,400 in New York trading hours. Other...

War, Inflation Can’t Stop ETFs’ Trillion-Dollar Inflow Boom

Exchange-traded funds are attracting cash at a record-breaking trillion-dollar pace despite persistent inflation, war in the Middle East and bouts of market volatility — a testament to American households’ enduring buy-and-hold conviction. US-listed ETFs have absorbed...