Author: Pritam Barman
Pritam Barman is the Founder, Editor and Chief Market Analyst at DailyKnown.com. An economist by training (M.A. in Economics, University of Arizona) with a specialized Capital Markets certification, he turns complex business and finance developments into clear, practical insights. With 7+ years of experience across market research, asset management and strategic forecasting, his coverage prioritizes accuracy, context and transparency. He writes on markets, companies, fintech, small business, and personal finance, with a focus on cryptocurrency regulation, macroeconomic policy, U.S. market trends and fintech innovation. A Certified Financial Journalist, Pritam is committed to timely, high-quality analysis and rigorous standards on sourcing and disclosures. Contact: pritambarman417@gmail.com | Tips & pitches: support@dailyknown.com.
Gold price today fell as traders braced for the U.S. Consumer Price Index at 1230 GMT, with a stronger dollar pushing bullion toward its first weekly decline in 10 weeks and its steepest weekly drop since November 2024. Spot prices slid 0.9% to $4,086.46 per ounce by 0633 GMT, leaving gold down about 3.8% on the week. December futures were off 1.1% at $4,101.80. With markets nearly fully pricing a 25-basis-point Federal Reserve cut next week and core U.S. inflation expected to hold near 3.1% for September, the data could set the tone for rates, the dollar and gold price…
Prediction markets are drawing a new wave of attention as sportsbooks, daily fantasy firms and crypto exchanges edge deeper into event contracts—either by buying CFTC‑approved businesses or partnering with those that already have the green light. At the same time, a crop of smaller startups is racing to carve out space with fresh funding, novel products and bolder distribution strategies that blend finance, social platforms and crypto rails. This is no longer a niche. With venture dollars returning and new regulatory strategies emerging, prediction markets could look very different in the year ahead—spanning regulated CFTC venues, SEC‑adjacent experiments and crypto‑native…
Canada inflation rate ticked up to 2.4% year over year in September, as higher grocery bills and persistent rent increases piled fresh pressure on household budgets. The latest reading keeps inflation above the Bank of Canada’s 2% target midpoint and arrives just days before the central bank’s next policy decision. For many Canadians, the numbers match daily experience at the checkout and in the rental market. While headline inflation is well below its 2022 peak, staple items and shelter costs remain stubborn, forcing families to stretch dollars further and rethink discretionary spending. Canada inflation rate rises to 2.4% in September…
UK inflation report is front and center for European and global markets on Wednesday, with traders betting that a hotter‑than‑expected print would all but extinguish hopes for another Bank of England rate cut this year. Expectations point to headline inflation rising to about 4% in September—still the highest among major advanced economies and double the BoE’s 2% target—keeping pressure on households and complicating the policy path into year‑end. With the backdrop of a sudden gold pullback, a cautious tone across Asian equities and fresh chatter of fiscal stimulus in Japan, the UK inflation report is shaping the early risk tone.…
U.S. stock market today closed mixed on Tuesday as upbeat third‑quarter earnings powered industrials and capital goods, lifting the Dow while tech and chip names dragged the Nasdaq modestly lower. The S&P 500 finished essentially flat, reflecting a market that’s near record highs and wrestling with stretched valuations, shifting macro signals and a dense earnings calendar. “It’s a point of indecision,” said Michael Green, chief strategist at Simplify Asset Management. “Nobody feels particularly strongly about anything,” a mood he said is showing up in “reduced reaction to earnings surprise.” U.S. stock market today: Dow leads on industrial strength; S&P flat,…
BlackRock Bitcoin ETF outflows are back in focus after blockchain data showed a fresh wave of coins moving from the asset manager’s ETF-linked wallets to Coinbase Prime. Over recent days, 2,854 BTC (about $314 million) and 29,639 ETH (roughly $115 million) were transferred from addresses tied to the iShares Bitcoin Trust and iShares Ethereum Trust, according to Arkham. The combined value tops $430 million and lands during a stretch of heavy redemptions across spot crypto ETFs. The flows line up with a challenging market tone. Last week alone, spot Bitcoin ETFs recorded $1.23 billion in net outflows, including $536 million…
BitMine ETH holdings are back in the spotlight after the company disclosed another week of aggressive buying, adding roughly 203,826 ether and bringing its total to 3.24 million ETH. The move underscores a bold treasury strategy that BitMine Immersion Technologies (ticker: BMNR) has touted since the summer, even as ether has traded near $4,000 and broader crypto markets digest a sharp deleveraging. In a disclosure this week, the Ethereum‑focused treasury firm also listed 192 bitcoin, $219 million in cash, and $119 million in equity of Eightco Holdings as part of $1.34 billion in combined crypto and cash holdings. According to…
Scintilla Flagright partnership is set to bring real-time transaction monitoring and AI-driven AML controls to the forefront of the UAE’s virtual-asset market. The collaboration pairs Scintilla’s tokenization, OTC and exchange operations with Flagright’s no-code compliance platform, aiming to unify detection and investigation while meeting stringent expectations from the Virtual Assets Regulatory Authority (VARA). By deploying automated typologies, dynamic risk scoring and integrated case management, the Scintilla Flagright partnership targets a single pain point across digital finance: spotting risks early, documenting decisions clearly and demonstrating compliance on demand. What the Scintilla Flagright partnership delivers Under the agreement, Scintilla will implement Flagright’s…
CFPB open banking rule is at the center of an intensifying policy fight over who controls consumer financial data. On Tuesday, major cryptocurrency and fintech advocacy groups urged the Consumer Financial Protection Bureau and the Trump administration to keep the rule on track, arguing that data portability strengthens competition and expands consumer choice. Banks counter that the rule overshoots the law and could expose Americans to privacy and security risks. At stake is a foundational question for the U.S. financial system: Do people control their own banking data, including the ability to share it securely with authorized third parties, or…
Impact of fintech on lending is moving from theory to hard evidence as new research by economist Xavier Vives outlines how AI, big data and digital platforms are reshaping credit markets. The analysis explains why fintech has boosted efficiency and financial inclusion, yet also heightened concerns over stability, privacy and discrimination. Crucially, it offers a framework for policymakers weighing price discrimination, open banking and how to level the playing field between banks and new entrants. Vives, a professor at IESE Business School, and co-author Zhenyu Ye examine the mechanics behind mixed real-world findings: in some places fintech reduces rates and…