Central banks, particularly China, may start to shift away from US Treasurys, exploring alternatives such as gold and Bitcoin, according to Jay Jacobs, BlackRock’s head of thematics and active ETFs. In a recent interview with CNBC, Jacobs said that geopolitical tensions and rising global uncertainty are accelerating diversification strategies among central banks. He pointed to…
Lately, there has been a lot of talk about New York Fashion Week’s tricky logistics and high show production costs. This past week, a new venture, KFN, unveiled a solution to reimagine the shows to become beneficial to designers by revenue-generating auxiliary events for consumers. The group has many areas of Manhattan on its target…
Apr 8, 2025; Augusta, Georgia, USA; Collin Morikawa plays on the 16th green during a practice round for the Masters Tournament at Augusta National Golf Club. Mandatory Credit: Katie Goodale-Imagn Images Collin Morikawa went through most of last season “guessing” whether he could execute any given golf shot and decided the only way forward was…
Key points: Bitcoin holding $100,000 as a level of support would confirm the current trend change. Ether leads among altcoins, and DeFi tokens could follow. Bitcoin (BTC) broke above the psychologically critical $100,000 level on May 8, and the bulls are trying to hold on to the level on May 9. In an X post,…
Apr 10, 2025; Columbus, Ohio, USA; Columbus Blue Jackets left wing James van Riemsdyk (21) celebrates his goal against the Buffalo Sabres during the first period at Nationwide Arena. Mandatory Credit: Russell LaBounty-Imagn Images The visiting Washington Capitals continue their pursuit of the Presidents’ Trophy when they open a home-and-home series against the Columbus Blue…
Ridesharing giant Uber is in the “study phase” of using stablecoins to help reduce the costs of moving money around the world, says its CEO Dara Khosrowshahi. Khosrowshahi said on stage at the Bloomberg Tech Summit in San Francisco on June 5 that Uber is “definitely going to take a look” at stablecoins. “We’re still…
May 20, 2025; Miami, Florida, USA; Chicago Cubs right fielder Seiya Suzuki (27) circles the bases after hitting a two-run home run against the Miami Marlins during the sixth inning at loanDepot Park. Mandatory Credit: Sam Navarro-Imagn Images Seiya Suzuki hit a two-run homer to cap an eight-run sixth inning, Jameson Taillon tossed seven innings…
What happens when a restaurant has no refrigerator? No gas? Almost no kitchen space? In some cases, brilliance. As rents and other expenses rise, many restaurants across the country are saving on space and operating without a full-service kitchen. Their chefs are grilling on panini presses, smoking eggplant with no smoker, crisping chicken wings with…
Solana Labs CEO Anatoly Yakovenko has broken his silence over the “America Is Back — Time to Accelerate” advertisement, which blended American patriotism and tech innovation with political messaging around gender identity. “The ad was bad, and it’s still gnawing at my soul,” Yakovenko said in a March 19 X post after receiving immense backlash…
Key Takeaways: Ethereum is forming a bull flag on the daily chart, with a potential breakout above $3,600. If ETH reclaims the 2-week Gaussian Channel mid-line, a 90% rally could occur. Ethereum (ETH) price is consolidating between $2,400 and $2,750 on its daily chart, forming a bull flag pattern with sights on the $3,000 to…