Why one expert believes bitcoin is the best savings tech ever

Bitcoin (BTC-USD) has had a breakout year in 2024, rallying off of a long slump on the Securities and Exchange Commission's (SEC) approval of spot bitcoin ETF products. Now, the crypto community is watching intently on the SEC's next pending decision: approving a spot ether ETF tied to ethereum futures (ETH-USD). Swan Bitcoin Chief Investment Officer Raphael Zagury comes onto Market Domination Overtime to discuss the outlook on these prominent cryptocurrencies, also commenting on what the 2024 US presidential race could mean for the crypto space and the likelihood of an ether ETF. "If you look where we are right now in terms of volatility, volatility is fairly low. We're in the 5% I would say bottom decile in volatility times," Zagury says. "And I think the good news, if the past is any guidance of what could happen in the future, is that periods of very low volatility in bitcoin tend to have offside periods of return, if you look 60, 90 days ahead. But short term, a lot of things can happen in the short-term, traders control the price..." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.

Stock market: S&P 500, Nasdaq move higher at open

The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) open Thursday higher, while the Dow Jones Industrial Average (^DJI) initially hovers below its flat line at the session start. Morning Brief's Brad Smith and Madison Mills monitor the major market averages after the opening bell, while Senior Market Reporter Jared Blikre analyzes expert notes on the recent market rally, this morning's sector action, and movements in silver futures (SI=F) and bitcoin prices (BTC-USD). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

California Judge Breaks With New York Counterpart, Sends Ripple Securities Lawsuit to Trial

A California judge has ruled that a civil securities lawsuit against Ripple will proceed to trial, denying in part the crypto firm’s motion for summary judgment in a suit alleging that Ripple’s CEO violated state securities laws in 2017.

Canada's 3iQ Files to List Solana ETP in Toronto

3iQ was a leader in getting some of the first crypto ETFs past the finish line and listed on the TSX

Bitcoin is sending a warning that the stock market is about to sell off, Stifel says

Stifel said Nvidia stock could feel the most pain if the stock market experiences a correction later this summer.

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  ‘Mania’ Could Drive S&P to 6,000 Before Plunge, Stifel Says

  Bloomberg
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  Bitcoin Has a Summer Cold. Big Tech Could Very Well Catch It.

  Barrons.com

Stablecoin Issuers Now 18th Largest Holder of U.S. Debt

Stablecoin issuers are fast emerging as a significant source of demand for the U.S. Treasury notes as concerns about Washington's debt management grow.

AI crypto tokens rally after Nvidia's record gains

AI-related cryptocurrency tokens have rallied in the past 24 hours, outperforming bitcoin and ether.

Dogecoin Traders Appear to Short Token as Meme Coin Frenzy Eases

DOGE funding rates are starting to flip negative, data shows, as traders move away from riskier assets amid low volatility in the broader crypto market.

3 reasons the dollar can't be dethroned as the world's dominant currency, according to Morgan Stanley

The US dollar won't be displaced by any of its rivals anytime soon, Morgan Stanley said.

Crypto's Long-Tail Disruptive Trends

Interoperability between blockchain networks. Restaking. EVMs. Some major trends giving digital assets markets a lift in the new cycle, Santiago Velasco, Senior Trader, Nonco.