Here’s a quick recap of the crypto landscape for Friday (August 8) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ethereum price update Bitcoin (BTC) was priced at US$116,454, down by 0.8 percent over the last 24 hours. Its lowest valuation on Friday was US$115,979, while its highest valuation was US$117,038. Bitcoin price performance, August 8, 2025. Chart via TradingView. An executive order from the Trump administration about the addition of cryptocurrency investment options to federally regulated 401(k) retirement plans could trigger an influx of new capital and drive up Bitcoin’s price. Separately, over US$1 billion in Bitcoin call options are set to activate if Bitcoin hits US$200,000 on December 26, when US$8.8 billion in options are set to expire; however, experts believe the presence of these call options reflects strategic positioning rather…

This week saw tech stocks push the Nasdaq Composite (INDEXNASDAQ:.IXIC) to its best week since June. However, on Monday (August 4), multiple news outlets reported that various Wall Street firms were warning of a near-term drop in the S&P 500 (INDEXSP:.INX) after its strong rally. In a note to clients, Mike Wilson of Morgan Stanley (NYSE:MS) forecasts that tariffs, which went into effect this week, will lead to a 10 percent correction. “Over the last couple of weeks, we have noted that investors should expect a modest pullback in the third quarter,” Wilson wrote. Julian Emanuel of Evercore (NYSE:EVR) anticipates a 15 percent drop. Additionally, Parag Thatte’s team at Deutsche Bank (NYSE:DB) points to an overdue drawdown following three months of equity expansion. Markets appear to have disregarded the warnings, as economic data released this week has revived expectations for interest rate cuts. Stephen Miran, US President Donald Trump’s interim…

By Darren Brady Nelson One of the underrated, and easily dismissed, stories from the first 100 days of the second Donald J. Trump presidency was in March 2025, when the president said: “We’re actually going to Fort Knox to see if the gold is there, because maybe somebody stole the gold. Tonnes of gold.” Two developments have happened since. First was his May 2025 executive order “Restoring Gold Standard Science.” Second was his signing the July 2025 GENIUS Act. The former could be a word teaser for “Restoring The Gold Standard.” The latter seems to be a step in that direction. Source: The White House. Fort Knox gold The US Department of the Treasury’s Weekly Release of US Foreign Exchange Reserves shows the levels of various official assets, including gold. It reported gold of 261.499 million fine troy ounces. An estimated 56 percent of that is in Fort Knox, with…

Statistics Canada released July’s labor force survey on Friday (August 8). The data shows that the Canadian economy shed 41,000 workers during the month and registered a 0.2 percent decline in the employment rate to 60.7 percent. However, the unemployment rate was unchanged at 6.9 percent. The most significant segment for the decline was among youth aged 15 to 24, with a drop of 34,000. That pushed the youth unemployment rate up to 14.6 percent, its highest rate since September 2010 apart from the pandemic. In terms of industry, construction saw the steepest decline as it lost 22,000 workers during the month. South of the border, the US imposed a 39 percent tariff on imports of 1 kilogram and 100 ounce gold bars from Switzerland. In a ruling posted to US Customs and Border Protection’s (CBP) Customs Rulings Online Search System on Friday, the CBP states that reciprocal tariffs will…

Greenvale Energy (GRV:AU) has announced Significant Expansion of Douglas River Uranium Project Download the PDF here. This post appeared first on investingnews.com

Demand for helium is rising alongside the semiconductor, healthcare and nuclear energy sectors. Produced from natural gas wells, helium is an odorless, colorless, non-toxic, non-combustible and non-corrosive gas. While it may bring to mind birthday balloons, the element is an important industrial gas due to its cooling properties. Helium has several critical applications across various industries witnessing market growth, including the manufacturing of semiconductors and electronics, medical imaging and nuclear power generation. Global helium supply is mainly attributable to production at liquefaction facilities spread across the US, Qatar, Algeria, Russia, Australia, Canada, Poland and China. However, increasing demand for helium as an industrial gas is spurring further exploration and development of helium projects, including in Canada and in the US. 1. Pulsar Helium (TSXV:PLSR) Market cap: C$46.05 million Pulsar Helium is a helium project development company with assets in the United States and Greenland. The company’s Topaz project in Minnesota…