The Motley Fool

Bitcoin could be on the verge of a major breakout. Is now the time to buy?

The Ultimate Cryptocurrency to Buy With $1,000 in August

In the second quarter, hedge fund managers David Shaw and Steven Cohen sold Nvidia stock and bought shares of the iShares Bitcoin Trust, a spot Bitcoin ETF. The recent approval of spot Bitcoin ETFs could unlock demand from institutional investors, and the recent halving event should reduce selling pressure from miners, sending the price higher.

Billionaires Are Selling Nvidia Stock and Buying an Index Fund That May Soar Up to 83,000%, According to Wall Street Experts

TheStreet

Markets end lower as investor seem to think the Fed has waited too long to cut rates. And they sold stocks hard in response.

Stock Market Today: Stocks crushed as markets see Fed rate error

24/7 Wall St.

With over a year of interest rates continuing to remain above 5%, many investors appear to be taking a more defensive approach to portfolio construction. That’s not to say that capital is increasingly flowing into mega-cap companies that are generally considered to be safer due to their size. In fact, a rotation has been building […]
The post 3 Stocks That Will Pop From a Big Interest Rate Cut appeared first on 24/7 Wall St..

3 Stocks That Will Pop From a Big Interest Rate Cut

A widely followed crypto analyst says that Ethereum (ETH) rival Solana (SOL) could be gearing up for a large rally after printing a bullish technical pattern. Analyst Ali Martinez tells his 69,000 followers on the social media platform X that SOL is potentially printing an Adam and Eve pattern. An...

Analyst Says Solana Shaping Up for Big Breakout, Issues Warning on Large-Cap Crypto BNB

One of the world's most successful hedge fund managers boasts an extremely concentrated portfolio, so it attracts attention when he makes big changes.

Billionaire Investor Bill Ackman Has 100% of His $10 Billion Portfolio in Just 9 Stocks, But There Were Seismic Changes During the Quarter

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NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

Markets Insider

Gold jumped past $2,500 an ounce on Friday, reaching a new high. The metal is rallying on bets the Fed will soon cut rates.

Why gold prices just hit a record

Gold prices climbed 1% as the dollar and Treasury yields retreated following Federal Reserve Chair Jerome Powell comments signaling an interest rate cut in September. Spot gold rose 1.15% to $2,511.91 per ounce, but was off a record high of $2,531.60 hit on Tuesday. U.S. gold futures gained 1.19% to $2,546.70.

Gold gains 1% as Powell comments hint at September cut

Stock investors should keep at least 20% of their portfolio in cash, according to billionaire investor Mark Mobius.

Investors need to be cautious on stocks because the economy is flashing a warning not seen in nearly a century, billionaire investor Mark Mobius says

Long-term bonds should rise as interest rates fall, making the Vanguard Long-Term Bond ETF a good pick. REITs benefit from lower rates, boosting the Vanguard Real Estate ETF. Rate cuts typically help small-cap stocks, which should be great for the Vanguard Small-Cap Value ETF. All three of these Vanguard ETFs...

3 Vanguard ETFs to Buy Hand Over Fist if the Fed Cuts Rates in September

Total Apex Sports & Entertainment

Mercury Direct will provide three zodiac signs with abundance and fortune on August 28. It will help them get back on track and remove their obstacles. The astrological transit will put things for the signs. What’s holding you back from exploiting your potential?

3 Zodiac Signs Whose Fortune Era Will Start | August 28, 2024

BitMEX co-founder Arthur Hayes thinks impending rate cuts in the US will drive up the price of Bitcoin (BTC). In a new blog post, Hayes said comments made by Federal Reserve Chair Jerome Powell last week indicate the Fed is “reaching for the rate cut sugar high before hunger arrives.”

Arthur Hayes Says Fed Will ‘Ramp Up Money Printer’ Dramatically Increasing Monetary Supply, Boosting Bitcoin

Investors can cover a lot of ground with just two investments worth buying and holding onto long-term.

2 ETFs That Are Screaming Buys in August

Corporate buybacks, trend-following CTA traders, and retail enthusiasm could result in billions flowing to the stock market this week.

The stock market is poised for record highs this week as $85 billion floods equities, Goldman Sachs says

The sky is about to fall today as markets are tanking following the US Federal Reserve’s decision not to cut rates, a moribund jobs report in the US, and Warren Buffet dumping half of his position in Apple (the largest holding in his portfolio), driving concern that the US is in store for a hard landing.

Markets, Bitcoin Crashing. Sky Falls as Fear Rises on Stumbling Global Economy

Some zodiac signs have many misfortunes while others excel in all sectors. Venus is in Libra on August 29 and will transform the three luckiest zodiac signs’ lives. Their friendships and relationships will grow on Thursday. Libra’s transition will inspire them to have a good attitude in each move they make. Could you be among these lucky signs?

3 Luckiest Zodiac Signs On August 29, 2024

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Gold hits a new record following Powell’s historic speech on prolonged high-interest rates, reshaping the precious metals market. Gold’s Roller Coaster: Highs and Lows Amid Economic Uncertainty. Gold’s recent rally to record highs, spurred by Federal Reserve Chair Jerome Powell’s historic speech, has hit a stumbling block. The...

Gold’s Surge to a Record High: Analyzing Powell’s Impact on the Precious Metals Market

Georgia State

Daily Coffee Press

According to officials with the Southern District of Georgia, two recently unsealed federal indictments have charged 23 defendants in a series of broad conspiracies involving the use of drones to smuggle methamphetamine, marijuana, and cell phones into state prisons in Georgia.

23 Defendants Charged in Federal Indictments for Drone-Smuggling Drug Operation in Georgia

NewsBreak

Risk Appetite Returning to Crypto Markets Following Mass Liquidations and Deleveraging: Bitfinex

Research from crypto exchange Bitfinex says that appetite for risk assets is heating up once again. In its latest research report, Bitfinex says that Bitcoin (BTC)...

Risk Appetite Returning to Crypto Markets Following Mass Liquidations and Deleveraging: Bitfinex

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