Global TradFi & Macroeconomics

Federal Reserve Chair Kevin Warsh reaffirmed the Fed's 2% inflation target and pushed back on the idea that inflation is beaten in his first Jackson Hole keynote on Friday. Speaking on his 100th day in the job, Warsh said the Fed's preferred inflation gauge, the PCE index, is running at 3.7%

According to StockTwits, Affirm Holdings (AFRM) reported fiscal fourth-quarter revenue of approximately $1.16 billion, up 33% year over year and ahead of the $1.11 billion consensus estimate, on Friday, August 28. The company also posted its most profitable quarter to date. AFRM stock climbed

BioNTech's American Depositary Receipts fell 11% during intraday trading today, the largest single-session decline since March 10, after the German biotech company terminated a Phase II clinical trial of its experimental personalized mRNA cancer immunotherapy for colorectal cancer

Spot gold declined 2% intraday on August 28, trading at $4,509.55 per ounce.

French Bitcoin treasury company Capital B raised €21.0 million ($24.5 million) through private share placement, according to an Aug. 28 announcement. The fundraise was conducted at €0.58 per ABSA — one share bundled with four share-subscription warrants — without pre-emptive subscription rights.

IREN shares fell 8.2% to $37.19 in after-hours trading Thursday following the release of its fiscal 2026 results, which reported a $684 million quarterly loss including $450.4 million in asset impairments from retired mining hardware. AI cloud revenue reached $70.5 million in the quarter ended

Meta Platforms, Amazon, Alphabet and Microsoft are experiencing financial strain from accelerating artificial intelligence infrastructure spending during the second quarter. The companies' capital expenditures have climbed above 100% of operating cash flow, pushing them to seek outside financing

Take-Two shares rose 2.5% in premarket trading Friday after streaming platforms struggled to handle huge demand for the first official preview of Grand Theft Auto 6 on Thursday. Netflix was first to show an extended look at the game, with some viewers receiving error messages indicating high usage l

Larry Lepard, Managing Partner at Equity Management Associates, said gold is ready to resume its long-term uptrend after a recent correction, arguing that governments have accumulated too much debt to fight inflation through traditional monetary tightening. In an interview with Kitco News, Lepard

Affirm Holdings stock jumped 7% on Friday after the buy now, pay later company reported fiscal fourth-quarter revenue of $1.17 billion, beating the $1.11 billion analyst estimate. The company issued first-quarter revenue guidance of $1.19 billion to $1.22 billion, ahead of the Street expectation of

Bitcoin gained $14,264, or 22.7%, in one week ending Aug. 23, closing at $77,387 — the largest weekly dollar gain since the asset began trading, according to Galaxy Research. The rally was driven by the U.S. Treasury's announcement to at least double its long-end liquidity-support buybacks from $2 b

Gold prices continue to hold above critical support levels near $4,600 an ounce despite warnings from analysts that the market appears overbought following a 15% rally through August. Fawad Razaqzada, Market Analyst at FOREX.com, noted in a recent analysis that growing fears over U.S. government

According to CNBC reporting and S&P Global analysis, Big Tech's massive artificial intelligence investments are putting pressure on the once-pristine balance sheets of Meta, Amazon, Alphabet and Microsoft. During Q2, Meta's free cash flow plunged 91% year over year as capital expenditure jumped to $

Arthur Hayes stated that Strategy Inc.'s (Nasdaq: MSTR) diluted market value to net asset value premium sat near 0.74x on August 27, erasing the gap that previously funded the company's bitcoin acquisition cycle. Strategy holds 840,447 BTC but owes approximately $1.5 billion annually in STRK and STR

Copper Giant Resources Corp. reported Thursday that directional drill hole MD-070 returned 771 meters grading 0.54% copper equivalent at its Mocoa project in southern Colombia. The interval began 211 meters downhole and contained 0.33% copper and 0.039% molybdenum, with higher-grade cores

John LaForge, Chief Alternative Strategist at Ned Davis Research, stated in an interview with Kitco News that gold's long-term trend remains higher until governments confront mounting debt burdens. LaForge explained the precious metal's trajectory is directly tied to unresolved fiscal crises

From 15:00 to 16:00 UTC on August 28, 2026, BTC fell 0.31% in one hour, retreating to the 79,280–79,824 USDT range, with an intrahour volatility range of 0.68%. Market volatility intensified, and short-term risk aversion clearly increased. The pullback was mainly driven by a buildup of macroeconomic headwinds. First, Fed Chair Warsh sent hawkish signals at the Jackson Hole meeting, suggesting that inflation remains elevated and may require further rate hikes. Ahead of the September policy meetin

Between 15:30 and 15:45 UTC on August 28, 2026, BTC plunged 0.68% in 15 minutes, trading between 78,777 and 79,354 USDT, with a price amplitude of 0.73%. Market volatility intensified, and clear short-term selling pressure emerged. The move was primarily driven by a combination of bearish macroeconomic factors. First, Fed Chair Warsh sent hawkish signals at the Jackson Hole meeting, suggesting that inflation remains elevated and that further rate hikes may be necessary, directly pressuring risk-

Three economists from Circle, Cornell University, and Arizona State University published a paper arguing that digital currencies could strengthen U.S. dollar dominance in global finance. Gordon Liao, Eswar