In a recent interview, Mike McGlone, senior commodities strategist at Bloomberg Intelligence, highlighted the important role of hedge funds in the current rally in gold prices. McGlone shared his thoughts on the impact of macroeconomic factors, including China’s economic slowdown and the Federal Reserve’s monetary policies, on the commodities market. Gold eyes $3,000 mark amid hedge funds (…)
Source link
Categories
- Altcoins (419)
- Analysis (391)
- Bitcoin (763)
- Blockchain (543)
- DeFi (650)
- Ethereum (591)
- Event (24)
- Market (659)
- Regulation (640)
- Security (687)
- Uncategorized (1)
Hand picked
- Providing custodial services provides crypto ‘entry point’ for US banks
- Marathon and Hut 8 Recover $1.6 Billion in Bitcoin During Market Drop
- “DeFi on Bitcoin” Gets a Boost as BOB L2 Integrates $6 Billion BTC Staking Protocol Babylon
- Blockchain Association Holds Policy Summit, Calls for Crypto Regulation and National Security
- Automated OTC trading now available on Kraken Custody