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Cryptocurrency

Fed policy tug-of-war reshapes Bitcoin store-of-value rivals

  • Grayscale linked Bitcoin’s long-term outlook to Federal Reserve interest-rate policy, arguing that lower rates could support demand for digital store-of-value assets. 
  • The theme connects several major crypto assets through monetary policy, institutional investment flows and growing adoption of exchange-traded products. 
  • Persistent inflation, regulatory uncertainty and the risk of higher-for-longer interest rates remain key challenges for the sector. 
Leia mais: Fed policy tug-of-war reshapes Bitcoin store-of-value rivals
Bloomberg

Stretched Tech Valuations Raise Questions on Capex, BofA Says

Sebastian Raedler, head of European equity strategy at Bank of America, discusses his concern that the tech rally is overdone after US chipmaker Micron gained on a blockbuster sales forecast. "Who is going to pay for this capital expenditure that is basically fueling the Micron demand," Raedler asks during an interview on Bloomberg Television.

Leia mais: Stretched Tech Valuations Raise Questions on Capex, BofA Says
Bloomberg

AI Demand Roils Aumovio's Talks to Buy Chips, CFO Says

Aumovio's negotiations to secure memory chips for next year are proving difficult as artificial intelligence companies consume supplies of the key components. That's according to Jutta Doenges, chief financial officer of the German auto supplier, who spoke with Bloomberg Television anchor Anna Edwards at the Bloomberg New Voices event in Frankfurt on June 24.

Leia mais: AI Demand Roils Aumovio's Talks to Buy Chips, CFO Says