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Latest financial and economic news and analysis

Benzinga News Agency
4 days ago•Benzinga
Cryptocurrency Medium Importance Neutral
S&P 500 Hits Record Highs—Why Does Bitcoin Not Join the Rally?

S&P 500 Hits Record Highs—Why Does Bitcoin Not Join the Rally?

S&P 500 has climbed to fresh all-time highs, but experts Benjamin Cowen and Trader Mayne caution that historical midterm-year patterns could still produce a late-summer or fall equity correction, dragging Bitcoin (CRYPTO: BTC) lower. Fed, Bond Yields Could Trigger Correction In a podcast on Aug. 5, Cowen noted that the S&P 500's advance to roughly 7,750 remains consistent with previous U.S. midterm election years, when equities continued setting records through August or September before entering a meaningful correction.

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Source: Benzinga
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Crypto Briefing News Agency
4 days ago•Crypto Briefing
Cryptocurrency Medium Importance Neutral
Hyperliquid aims to double HIP-3 revenue with new fee controls

Hyperliquid aims to double HIP-3 revenue with new fee controls

Hyperliquid's fee strategy could boost revenue, impacting market sentiment and price predictions, contingent on stable trading volumes. Hyperliquid aims to double HIP-3 revenue with new fee controls.

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Source: Crypto Briefing
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Cryptopolitan News Agency
4 days ago•Cryptopolitan
Cryptocurrency Medium Importance Neutral
Ex-LAPD officer gets life sentence for $350,000 Koreatown bitcoin robbery

Ex-LAPD officer gets life sentence for $350,000 Koreatown bitcoin robbery

A former Los Angeles police officer has been sentenced to life plus 15 years in state prison for posing as a cop and robbing a teenager of a hard drive holding roughly $350,000 in Bitcoin.

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Source: Cryptopolitan
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Coindesk News Agency
4 days ago•Coindesk
Cryptocurrency Medium Importance Neutral
Crypto Long & Short: Putting the bitcoin sizing question to the test

Crypto Long & Short: Putting the bitcoin sizing question to the test

In a follow-up to his essay on sizing crypto risk, Lionsoul Global's Gregory Mall backtests bitcoin in a 60/40 across bull, bear and sideways regimes, showing how a straight bitcoin position, a large-cap basket and a trend-managed sleeve part ways and why the way you hold bitcoin can matter as much as how much you hold.

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Source: Coindesk
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Crypto Briefing News Agency
4 days ago•Crypto Briefing
Cryptocurrency Medium Importance Neutral
XRP connects to Axelar network, boosting cross-chain capabilities

XRP connects to Axelar network, boosting cross-chain capabilities

XRP's enhanced cross-chain capabilities could increase its utility and demand, potentially impacting its market value and DeFi integration. XRP connects to Axelar network, boosting cross-chain capabilities.

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Source: Crypto Briefing
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Crypto Economy News Agency
4 days ago•Crypto Economy
Cryptocurrency Medium Importance Neutral
Victims Pay to Leave Messages on Coldcard Hacker's Bitcoin Wallet

Victims Pay to Leave Messages on Coldcard Hacker's Bitcoin Wallet

The Coldcard hacker's wallet, holding around $36 million in stolen bitcoin, has been receiving permanent messages via OP_RETURN since July 30. The notes range from victim pleas asking for funds to be returned, to money laundering offers and requests unrelated to the theft.

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Source: Crypto Economy
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Crypto Briefing News Agency
4 days ago•Crypto Briefing
Cryptocurrency Medium Importance Neutral
Strategy's STRC rebounds 30% with cash reserve boost, Bitcoin stability

Strategy's STRC rebounds 30% with cash reserve boost, Bitcoin stability

STRC's rebound and cash reserve boost enhance investor confidence, potentially driving its stock to $100, reflecting strategic financial stability. Strategy's STRC rebounds 30% with cash reserve boost, Bitcoin stability.

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Source: Crypto Briefing
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