Wall Street extended losses into midday trading Tuesday as geopolitical tensions in the Middle East resurfaced, while gold staged a violent rebound after two days of historic selling.

• SPDR Gold Shares stock is charging ahead with explosive momentum. Why is GLD stock up today?

Gold — as tracked by the SPDR Gold Shares (NYSE:GLD) — surged more than 6%, vaulting past $4,950 per ounce and putting the metal on track for its strongest session since November 2008.

The rebound comes after a brutal sell-off sparked by fears that Kevin Warsh’s appointment as the next Federal Reserve chair could usher in a more restrictive monetary policy regime — pressure that had weighed heavily on…

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Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are in “crypto winter”, according to Bitwise Chief Investment Officer Matt Hougan, who says the end may be closer than investors think.

The Hidden Winter

Hougan argues crypto entered winter in January 2025, but ETF and Digital Asset Treasury flows masked the reality for months. 

The institutional support was massive—ETFs and DATs bought 744,417 Bitcoin during 2025, worth roughly $75 billion.

Without this buying pressure, Hougan estimates Bitcoin would be down around 60%. 

Assets with ETF support—Bitcoin, Ethereum, and XRP (CRYPTO: XRP)—fell only 10%-20% in 2025. 

The thesis is clear: Retail crypto has been in brutal winter since…

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Elon Musk’s xAI is reportedly hiring crypto finance experts to help train its artificial intelligence models to reason like professional traders rather than simply predict prices.

Crypto-Native Expertise In Focus

The remote role focuses on delivering high-quality market analysis grounded in real crypto behaviour, including on-chain data, derivatives, market structure, cross-exchange inefficiencies and risk management, CoinDesk reported on Tuesday.

Rather than executing trades, hires will evaluate and critique AI-generated outputs, build structured reasoning frameworks and, in some cases, record audio or video insights.

The goal is to teach models how experienced market participants think…

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Enter: Kevin Warsh

After months of discussion and endless speculation, we finally know who Trump’s nominee for the next Fed chair will be- Kevin Warsh, one of the more hawkish nominees going into this much-anticipated decision. A Fed Governor during the Financial Crisis turned Fed critic after his 2011 departure, who would then go on to work under one of the most prolific macro investors of all time- Stanley Druckenmiller.

How did the markets react?

It depends on what asset(s) you own. If you owned treasury bonds (namely, the front end), you were probably relieved. If you were long the Euro, you were probably rushing to close your short dollar positions. If you owned silver and gold? You…

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The crypto selloff has been deeper than anticipated, but Tom Lee sees price and timing align for a potential bottom.

Crypto Selloff Deeper Than Expected…

In a CNBC Squawk Box interview on Monday, Lee, head of research at Fundstrat Global Advisors and CIO of Fundstrat Capital, said crypto’s recent decline exceeded expectations despite solid fundamentals.

He attributed the weakness to risk appetite rotating into gold and silver, which surged early in the year and sparked fear of missing out.

That shift, combined with crypto’s strong October performance, left digital assets without leverage or near-term catalysts.

Lee said Fundstrat’s technical advisor sees Bitcoin (CRYPTO: BTC) near $77,000…

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Through a partnership with Billiton Diamond and tokenization firm Ctrl Alt, Ripple-backed custody technology secured $280 million in polished diamonds on the XRP (CRYPTO: XRP) Ledger, the companies announced Tuesday in Dubai.

The Diamond Tokenization Setup

Billiton Diamond and Ctrl Alt moved over AED 1 billion ($280 million) worth of certified polished diamonds on-chain in the UAE. 

Ripple’s enterprise custody tools secure the physical diamonds, while the XRP Ledger creates digital tokens representing ownership.

Adding to its infrastructure push, Ripple secured full Electronic Money Institution approval from Luxembourg’s financial regulator last week, pushing its global regulatory…

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