Ed Steer of Ed Steer’s Gold and Silver Digest shares his thoughts on silver’s run past US$50 per ounce, saying that in his view the bull market is just getting started. ‘One way or another we’re going to run into a supply/demand brick wall, and when that day happens we could see triple-digit silver prices in a very, very short ...
The gold price declined from its recent all-time highs this week, sinking to nearly US$4,000 per ounce and recording its biggest one-day decline in more than 12 years. Silver took a similar hit, slipping back below the US$50 per ounce level. The drops have been attributed to factors like a stronger US dollar and lower US-China tensions, as well as ...
Traders are betting on the FOMC to make two more rate cuts this year following the release of the September CPI inflation data. This provides a bullish outlook for the crypto market ahead of next week’s FOMC meeting, where the committee could make the first of these two projected Fed rate cuts. Traders Expect Two The post Traders Price In ...
Institutional momentum in XRP is accelerating as the first U.S. spot XRP ETF ($XRPR) reached a new milestone. In addition, CME Group has expanded XRP derivatives with new options following strong demand for its futures product. REX–Osprey XRP ETF Reaches A New Milestone With $100 million in assets under management (AUM), the REX-Osprey XRP ETF The post First Spot XRP ...
Michael Selig is the latest candidate who has been chosen by President Donald Trump to serve as the chairman of the Commodity Futures Trading Commission (CFTC). The move signals a new phase in the administration’s crypto regulatory push. Trump’s CFTC Pick To Unify Crypto Oversight According to a Bloomberg report, Selig currently serves as chief The post Trump Picks SEC ...
The S&P 500 ($SPX) just logged its fifth straight trading box breakout, which means that, of the five trading ranges the index has experienced since the April lows, all have been resolved to the upside. How much longer can this last? That’s been the biggest question since the massive April 9 rally. Instead of assuming the market is due to roll ...
A group that includes activist investor Jana Partners and NFL player Travis Kelce says it has accumulated one of the largest ownership stakes in Six Flags Entertainment and intends to press the company’s leadership on ways to improve the struggling amusement park operator’s business. Jana said Tuesday that the investor group now owns an economic interest of approximately 9% in ...
Card-reading contact lenses, X-ray poker tables, trays of poker chips that read cards, hacked shuffling machines that predict hands. The technology alleged to have been used to execute a multistate, rigged poker operation sounds like it’s straight out of Hollywood. And those were only some of the gadgets that authorities say were used to swindle millions of dollars from unsuspecting ...
Target said Thursday that it is eliminating about 1,800 corporate positions in an effort to streamline decision-making and accelerate initiatives to rebuild the flagging discount retailer’s customer base. About 1,000 employees are expected to receive layoff notices next week, and the company also plans to eliminate about 800 vacant jobs, a company spokesperson said. The cuts represent about 8% of ...
PORTLAND, OR — Portland Trail Blazers coach Chauncey Billups was arraigned Oct. 23 on charges of wire fraud conspiracy and money laundering conspiracy at the Mark O. Hatfield United States Courthouse in Portland, Oregon. Billups was indicted, along with more than 30 people, in the Eastern District of New York for his role in bringing victims to rigged poker games. ...
Former NBA player Damon Jones provided non-public injury information about the status of two players in NBA games, according to allegations listed in Thursday’s federal indictments related to a wide-ranging gambling scandal announced by FBI. Those players may have been LeBron James and Anthony Davis, based on public injury information USA TODAY Sports reviewed from the dates of those games. ...
FBI agents arrived at Terry Rozier’s Orlando, Florida, hotel room by 6 a.m. Thursday, ready to arrest the Miami Heat guard for his alleged role in an illegal NBA gambling scandal that reverberated throughout the league days after the 2025-26 season opened. Rozier’s name had been mentioned in connection with NBA gambling issues for some time. His attorney, Jim Trusty, ...