Bridgewater Associates founder Ray Dalio is calling for investors to allocate 15% of their portfolios to bitcoin (BTC) or gold, citing heightened risks from the U.S.’s accelerating debt burden and long-term currency devaluation. “If you were optimizing your portfolio for the best return-to-risk ratio, you would have about 15% of your money in gold or … Read more
Everyone’s rushing into stablecoins, but the numbers look… the same. In Q2, it felt like you couldn’t go a day without a major stablecoin announcement. JPMorgan launched its USD Deposit Token on Base. Coinbase debuted its stablecoin payment stack following the Shopify partnership. Anchorage Digital acquired USDM issuer Mountain Protocol. Ubyx raised $10 million for … Read more
Intel, the biggest maker of personal computer processors, announced new chips for PCs and data centres that the company hopes will give it a bigger slice of the booming market for artificial intelligence hardware. The lineup includes updated Xeon server chips — the second overhaul of that processor in less than a year — that … Read more
Caviar, the luxury brand known for its limited edition variants of iPhone models and cases, has introduced a custom version of the Apple Vision Pro dubbed Oracle. While it features the same internals and specifications as the mass-production device which Apple sells globally, the mixed reality headset’s luxury factor has been dialled up a notch, … Read more
Bitcoin has surged to new all-time highs above $123,000 and just logged its highest-ever weekly close at $119,500, following another record weekly close the week before. Year to date, BTC is now up around 30%, pulling ahead of gold which has gained approximately 27% during the same period. According to analysis by Charlie Bilello, chief … Read more
Bitcoin mining firm, BTC Digital (BTCT), has moved $1 million of company cash into ether (ETH), which it called its new “digital gold.” BTCT Moved $1M Into Ethereum Reserve, chief executive officer Siguang Peng said in a press release, adding that Ethereum has “emerged as the foundation of on-chain USD settlement and value transfer.” “By … Read more
Bitcoin reached an all-time high on Thursday, and is now in price discovery above $117,000, but the largest cryptocurrency by market cap remains below earlier records set against gold, benchmark equity indexes and the British pound. That’s because much of the recent rally reflects the weakness of the dollar rather than any broad catalyst for … Read more
Bitcoin’s price rose by 1.30 percent on international exchanges on Friday, even as the overall crypto market shows signs of instability. The digital asset is now trading at $104,010 (roughly Rs. 89.09 lakh) on global platforms, as per CoinMarketCap. Meanwhile, on Indian exchanges, the value of the asset rose by nearly two percent to trade … Read more
Redmi has unveiled a new colour variant of the Redmi Note 14 Pro+ 5G and Redmi Note 14 Pro 5G in India. The Redmi Note 14 Pro 5G series was introduced in India in December last year in three colourways. Besides the change in shade, the internals and pricing of the new colour variant are … Read more
Some Texas residents are already expressing skepticism about a recently passed law recognizing gold and silver as legal tender in the state, as well as “the establishment of a transactional currency” based on the precious metals. In a Sunday X post, Texas Governor Greg Abbott announced that he had signed House Bill 1056 into law … Read more