Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, made its first BTC purchases in August, marking five years since adopting Bitcoin as a treasury asset. Strategy acquired 155 Bitcoin for $18 million during the week ending Sunday.
Gold prices fell after President Donald Trump said tariffs will not be placed on imported gold bars, while investors awaited a U.S. inflation report that could provide an indication of the Federal Reserve’s rate outlook.
Nvidia and AMD have agreed to give the U.S. government 15% of revenue from sales to China of advanced computer chips like Nvidia’s H20 that are used for artificial intelligence applications, a U.S. official confirmed.
Ether hits $4,000 for the first time since December 2024 in a key milestone for the year. ETH price optimism continues with Ether taking chunks away from Bitcoin’s crypto market cap dominance.
Oil held steady as markets awaited a meeting in coming days between Russian president Vladimir Putin and his U.S. counterpart Donald Trump, but prices marked their steepest weekly losses since late June on a tariff-hit economic outlook.
U.S. stocks ended higher and the Nasdaq notched a record closing high for the second straight day as technology-related shares, including Apple, gained and as investors were optimistic about potential interest rate cuts.
A fresh look at inflation trends will test the U.S. stock market’s rally in the coming week, with some investors saying equities are primed for a potential pullback after rocketing to records, as benchmark S&P 500 is near record highs
