(Bloomberg) -- Northern Data AG is getting closer to a deal to sell its crypto mining operations as the company looks to capitalize on November’s Bitcoin rally.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldThe Frankfurt-listed company resolved in October to sell its cry
Positive U.S. developments could propel Bitcoin beyond $130,000
Bold Bitcoin predictions highlight the cryptocurrency's path toward uncharted six-figure territory.
Why Bitcoin's undiscovered potential could push it to $500,000
As bitcoin evolves, its multifaceted strengths reshape how investors and institutions view the future of money.
Gold Pares Gains as Inflation Affirms Fed’s Cautious Easing Path
(Bloomberg) -- Gold eked out small gains as the dollar extended losses after the latest US data showed a key inflation gauge picked up last month, reinforcing expectations that the Federal Reserve will adopt a measured approach to lowering interest rates.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Kansas City, a First-Ever Stadium Designed for
Deutsche Bank warns Trump tariffs could stop Jerome Powell from cutting Fed rates at all next year
Trump tariffs could prove to be the pin that pops the bubble on Fed cuts next year.
Instant view: US PCE price inflation ticks higher in October, as expected
In the 12 months through October, the PCE price index increased 2.3 after advancing 2.1% in September. Excluding the volatile food and energy components, the PCE price index rose 0.3%, after a similar increase in September. In the 12 months through October, core inflation increased 2.8% after climbing 2.7% in September.
Could political shifts trigger a Bitcoin rally to $200,000 in 2025?
Economic uncertainties could propel bitcoin to unprecedented highs—or trigger a significant correction.