The CLARITY Act failed, but the rules came anyway

There is nothing so powerful as an idea whose time has come. For now, that time has not arrived. But as Congress closed a door, regulators opened a window. Both the SEC and CFTC moved with remarkable speed. Just two days after CLARITY failed, the SEC issued an “Innovation Exemption”…

As BAE Systems shares stall is now the time to bank those outsized profits?

Image source: Getty Images. Long-term investors in BAE Systems (LSE: BA.) shares are likely to be sitting on some pretty juicy profits today. The shares are up around 250% in five years, with dividends on top. The trailing yield may only be around 1.85%, but BAE has an excellent record…

Bitcoin flat near $84,000 after closing out best quarter since 2024

Bitcoin BTC$83,963.68 rose 42.7% in the third quarter, its best quarterly performance since jumping 68.7% in the first quarter of 2024. Ether ETH$2,704.84 rose 70.8%, its best result since soaring 160.7% in the first quarter of 2021. Both cryptos are about flat on the first day of the fourth quarter,…

I asked ChatGPT where the FTSE 100 will finish the year and it gave this surprising answer

Image source: Getty Images Over the past year, the FTSE 100 has done very well. It’s up 15%, and from where I’m standing, I’d happily take a 15% return each year. However, things aren’t that simple, and neither is the outlook through to the end of the year. With a…

Bitcoin bulls just had a monster quarter. So did crypto hackers: Crypto Daily

Bitcoin BTC$83,782.19 closed the third quarter up 40%, outrunning every major asset even as Treasury yields climbed to their highest in more than two decades. Investors poured billions of dollars into exchange-traded funds tied to BTC and other tokens, and several altcoins rallied even harder, leaving analysts convinced a new…

At a glance: stocks gapping up premarket (SPX:)

P_Wei/E+ via Getty Images Here’s a quick look at the stocks that are seeing gap-up moves before the bell on Thursday. Stock index futures were mixed early Thursday as investors kicked off a new trading month, with Wall Street looking to move past a mixed Source link

Citigroup raises 12-month bitcoin (BTC) target to $113,000 as ETF inflows resume

Financial services giant Citigroup (C) has raised its outlook for bitcoin BTC$83,640.08 and ether ETH$2,686.16 on account of exchange-traded fund (ETF) inflows resuming and supportive macroeconomic conditions, Reuters reported Thursday. Citi raised its 12-month forecast for bitcoin from $82,000 to $113,000 and for ether from $2,240 to $3,028, according the…