Driven by trade war fears and increased central bank holdings, Citi and UBS raised their gold price forecasts, expecting the gold bull market to continue. Citi raised its short-term price target to $3,000 an ounce and raised its annual average price forecast from $2,800 to $2,900; UBS also raised its 12-month price target to $3,000. Gold has now risen to $2,860, an increase of about 9% this year. At the same time, benefiting from the rise in gold prices, gold-backed tokens such as PAXG and XAUT ...
Musk's announcement that he is about to make changes to the X algorithm to prioritize the promotion of content that is considered informative or educational has met with widespread opposition. Musk said the planned changes were in response to "too much negative news" on X. "Our goal is to maximize usage time that users don't regret," he wrote in a January 3 post from social media. "Too much negative news is pushed, which technically increases usage time, but not usage time that users don't regre...