U.S. Treasury Secretary Scott Bessent confirmed Sunday that the U.S. joined Japan in coordinated foreign exchange intervention last Friday, calling it a move to counter “disorderly yen movements.” The USD/JPY pair almost hit 164 its weakest level since 1986 before snapping back to 156.5 on Monday. “We will not hesitate…

A Self-Invested Personal Pension, or SIPP, is a brilliant way to save for retirement. But I’m also a big fan of the Stocks and Shares ISA. I’ve been torn between which to use, and for a bit of fun, decided to put the question to ChatGPT. ChatGPT pointed out that…

Morgan Stanley downgraded shares of Circle Internet (CRCL) to underweight from equal-weight on Monday and cut its price target to $38 from $106, citing a weaker long-term earnings outlook. The stock, which slid 6% following the report, has fallen about 30% year-to-date, reflecting growing investor concern over the outlook for…

Most people know the State Pension isn’t big enough to live on comfortably. We all need to generate other sources of income from private pensions, savings, and the stock market. The more the merrier, frankly. An overlooked but brilliant way to build retirement wealth is a Self-Invested Personal Pension, or…

BlackRock, the world’s largest asset manager, has expanded its tokenized cash platform, introducing a couple of new tokenized money market products, the firm said on Monday. Back in May of this year, BlackRock filed for the new products with the U.S. Securities and Exchange Commission (SEC). BlackRock is offering onchain…

Strategy (MSTR) raised $104.73 million last week with the sale of 1,638 bitcoin, and raised an additional $290.6 million via the sale of common stock. Alongside, the company repurchased 912,143 shares of its high-yielding preferred stock STRC for $81.2 million, according to an SEC filing Monday morning. The bitcoin sales…

A solo miner scored a major win even as the broader market frets over a multimillion-dollar Coldcard hardware wallet exploit. According to mempool data, an independent miner successfully packaged block 960,804 early Monday. The block reward of 3.157 BTC is valued at approximately $199,300. Details on the specific hardware used…

Bitcoin BTC$62,637.95 and ether (ETH) are under pressure as the multimillion-dollar hack of the hardware wallet Coldcard enters a fifth day, raising questions over the safety of direct custody as a holding strategy. The incident has rocked sentiment on crypto social media, with numerous small holders complaining of losing long-term…

No prizes for guessing the FTSE 100‘s standout growth stock of the last five years. Rolls-Royce’s shares have rocketed an astonishing 1,372%. To put that into perspective, S&P 500 chip giant Nvidia has grown ‘just’ 885%. Nothing else in the blue-chip index comes close. Well, almost nothing. One lesser-known FTSE…

By Jeff Altman, The Big Game Hunter   Our wedding anniversary was yesterday and as we’ve done for many years we spent it apart – my wife in the late country of England and me now in Asheville. We spoke and we’ll celebrate when she gets back and gets reacclimated…