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Crypto

What to buy after selling bitcoin and gold? Bloomberg points to 5 percent U.S. Treasuries

U.S. Treasuries yielding around 5 percent a year could become a more attractive investment than bitcoin and gold, a forecast said. Citing Bloomberg Intelligence chief macro strategist Mike McGlone, a report said he singled out U.S. Treasuries as the key beneficiary of shifting capital. He described the current macro backdrop as the final phase for risk assets. He also pointed to Fed tightening, yields nearing 5 percent and rising energy-price pressure.

Crypto

Bitcoin ETFs could overtake gold ETFs, Bloomberg analyst says

Spot bitcoin exchange-traded funds could, over the long term, grow to as much as about three times the size of gold ETFs, a forecast said. Bloomberg senior ETF analyst Eric Balchunas said bitcoin spot ETFs could significantly surpass gold ETFs in assets, even though bitcoin remains highly volatile. He said generational change and rising interest among younger investors could reshape demand, while easing volatility could help draw institutional inflows.

Games & Commerce

Naver Flea Market adds AI price recommendations for used goods by condition

Naver has introduced an AI feature on its Flea Market service that recommends appropriate prices for used goods by analyzing item condition and prices of similar products. The function, called AI price recommendation, was first applied to the Sports & Leisure and Digital & Home Appliance categories from Sept. 17. Naver plans to expand it across all categories and display AI price information on product pages from Sept. 30.