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Abu Dhabi’s Mubadala fund now ranks seventh on the list of BlackRock’s Bitcoin ETF holders

Federal Reserve governor Christopher Waller said the central bank should cut interest rates further if inflation makes more progress back toward target.

Oil lost early gains on Tuesday and prices were back near their previous close in the face of uncertainty over how supply will be affected by Ukraine-Russia peace talks, international trade tariffs and OPEC+ crude output. Brent crude futures were down 4 cents at $75.18 per barrel by 1406 GMT, retreating from $76.07 earlier in the session. "Day trading and short-term flows are ruling the fate of oil prices at present."

(Bloomberg) -- President Javier Milei spoke out for the first time about a cryptocurrency scandal that’s dented his reputation in Argentina, triggering lawsuits and even calls for his impeachment.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisProgressive Portland Plots a ComebackPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaA Filmmaker’s Surreal Journey Into His Own Private WinnipegHow to Build a Neurodiverse CityMilei confi

Let's evaluate the case for whether Bitcoin is a coin that's always worth buying on the dip, or whether it's a better idea to keep your cash when it isn't performing well. There's no law of the universe that says Bitcoin's price has to go up again after it falls significantly -- though it has tended to so far. Finally, you can't change anything about those facts, nor can you be certain that buying it is going to be a good rate of return on your capital even over long holding periods.

Federal Reserve Governor Christopher Waller said his "baseline" view is that the Trump administration's new tariffs will have only a modest impact on prices that the central bank should try to look through in setting monetary policy. Uncertainty about the impact of trade or other administration policies, Waller said, shouldn't stall the Fed from acting if it is otherwise appropriate, just as Russia's invasion of Ukraine in 2022 and the collapse of Silicon Valley Bank in 2023 did not prevent the Fed from changing interest rates even though both incidents raised doubts about the economic outlook.

The ability to earn yield on bitcoin and potentially unleash a new wave of liquidity into the DeFi ecosystem has become a hot topic of late.