Mike McGlone, a strategist at Bloomberg Intelligence, has raised concerns about current market conditions, suggesting parallels to the 2008 financial crisis setup. According to McGlone, gold may no longer serve as a reliable store of value in the current environment. He points to oil shocks and rising volatility across commodities and crypto markets as potential warning signs of a broader market correction.
Archives: Fast News
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PI drops over 5.72% in 1 hour, the last price is 6,208 VNDC
PI trading volume is $22.8m. Market capitalization reaches $2.24b.
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Ethereum Foundation publishes updated mandate document
The Ethereum Foundation has released a formal mandate document that reaffirms the foundation’s core purpose and its role within the Ethereum ecosystem. The document articulates the foundation’s commitment to the promise of Ethereum and outlines its strategic direction for supporting the network’s development and adoption.
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Arthur Hayes suggests HYPE could reach $150 with stronger revenue
BitMEX founder Arthur Hayes has outlined conditions under which HYPE could appreciate to $150, contingent on the platform demonstrating strong revenue generation and genuine trading activity. Hayes’ assessment suggests the token’s valuation depends on fundamental metrics rather than speculation. HYPE is currently trading at $37.27.
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ACV Appoints Liên Khương Airport Leader to Head Long Thành Airport Project
The Vietnam Airports Corporation (ACV) has appointed Vu Pham Nguyen An, previously director of Liên Khương Airport, as director of the Long Thành Airport project management board, taking over from Nguyen Tien Viet, who has been prosecuted for violating bidding regulations. Liên Khương Airport is currently suspended for repairs. ACV is also restructuring key leaders for operational stability, with Dao Viet Dung as Party Secretary and Le Van Khien as legal representative. The Long Thành Airport project has a total investment of over 98 trillion VND, and contractors are being urged to comply with project timelines. ACV is preparing for operational phases, including operational models. The Prime Minister has called for resolving issues to ensure ongoing operations and expedite project progress.
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Ray Dalio recommends 5-15% portfolio allocation to gold
Prominent investor Ray Dalio has outlined a strategy recommending that investors maintain 5-15% of their portfolio in gold. The allocation reflects a diversification approach, with gold historically serving as a hedge against inflation and currency devaluation. Dalio’s recommendation aligns with broader institutional interest in precious metals as part of balanced investment strategies.
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Ethereum Accumulation Wallets Increase by 30%: Is the ETH price set to rise?
Ethereum (ETH) is currently priced at 2,142 USD, reflecting a 30% decline from its yearly opening of 2,990 USD. Despite this, the increase in accumulation wallets indicates strong long-term confidence among investors.
Daily active addresses hit 1.1 million in February 2026, marking a significant rise. Analysts suggest that sustaining above 2,200 USD is crucial for bullish momentum to continue.
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Tether transfers 160M USDT to Bitfinex
Tether Treasury moved 160M USDT ($159.4M) to Bitfinex on Ethereum, representing 0.087% of USDT’s total market cap. The transfer to the exchange could signal preparation for increased stablecoin liquidity or market activity.