HSBC has revised its average gold price targets downward, now projecting $4,490 per troy ounce for 2026 and $4,825 for 2027. The bank pointed to near-term pressure on the metal but also suggested that gold may be approaching a bottom rather than continuing a steep decline. The updated forecast came out as spot gold…
US-based crypto investment funds took in $3.55 billion in net inflows over the past week, according to data reported by CoinShares, with Bitcoin products accounting for the largest share of the total. The inflows mark one of the busiest weeks for crypto funds so far in 2026, according to the report. What changed Bitcoin…
Gold prices climbed to session highs on Wednesday after new government data showed the US economy grew faster than expected in the second quarter while a closely watched inflation measure came in cooler than forecast for August. The figures were released the same morning by the US Bureau of Economic Analysis. The final reading…
The Fed proposes a ‘skinny’ master account for stablecoin issuers, offering direct payment rail access. This revives narrow banking, boosting efficiency but raising disintermediation concerns for commercial banks.
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