The gold price was on the rise this week, breaking through US$3,400 per ounce once again. It’s been pushed higher by US dollar weakness, as well as Federal Reserve turmoil. President Donald Trump has been pressuring Fed Chair Jerome Powell to cut interest rates for months, and on Monday (August 25) the situation developed further when Trump posted a letter ...
A Bitcoin whale has been spotted shifting focus to the Ethereum spot market. The Bitcoin OG whale, with a Bitcoin balance exceeding $5 billion, purchased over $1 billion worth of Ether through the Hyperliquid platform on Friday. Bitcoin Whale Continues To Accumulate Ethereum According to on-chain data analysis from Arkham Intelligence, a Bitcoin whale that The post $5B Bitcoin OG ...
Asset manager Amplify, with $12.6 billion in assets under management (AUM), is the latest firm to file for an XRP ETF, providing institutional investors with exposure to the altcoin. However, the XRP Option Income ETF differs from the pending spot applications, which are currently awaiting approval from the SEC. Amplify Unveils XRP Option Income ETF The post $12B Amplify Files ...
Solana ETF proposals are advancing. Some firms have resubmitted S-1s with the U.S. SEC. Canary Capital, Franklin Templeton and VanEck all filed revised S-1s. This indicates that they are in constant discussions with regulators and that there is great interest in Solana-based ETFs. Updated Solana ETF Filing Includes Staking And Additional Custody Choices The most The post Solana ETFs Advance As Issuers ...
The S&P 500 ($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 ...
It’s been a busy week for Cracker Barrel Old Country Store’s marketing team. The restaurant chain announced a rebrand and new logo last week, faced widespread criticism from social media users, including President Donald Trump, and proceeded to walk back its plan to change the logo. In that span of time, the company lost and regained almost $100 million in ...
The de minimis exemption, an obscure trade law provision that has simultaneously fueled and eroded businesses across the globe, officially came to an end on Friday following an executive order by President Donald Trump. For nearly a decade, shipments valued under $800 were allowed to enter the country virtually duty free and with less oversight. Now, those shipments from the ...
AI-assisted summary The Dallas Cowboys traded Micah Parsons to the Green Bay Packers for two future first-round picks and Kenny Clark. Kenny Clark, a 29-year-old defensive tackle, is a three-time Pro Bowler and former first-round pick. Clark recently signed a three-year, $64 million contract extension. The Dallas Cowboys and Green Bay Packers agreed to a blockbuster trade involving Micah Parsons ...
AI-assisted summary The Dallas Cowboys traded Micah Parsons to the Green Bay Packers for two first-round picks and defensive tackle Kenny Clark. Parsons signed a four-year, $188 million extension with the Packers, making him the highest-paid non-quarterback in NFL history. The trade follows a contentious contract dispute between Parsons and the Cowboys, including a failed negotiation attempt by Cowboys owner ...
AI-assisted summary Micah Parsons’s trade to the Green Bay Packers and subsequent extension made him the highest-paid non-quarterback in NFL history. The top 10 highest-paid defensive players by average annual value and total contract value include Parsons, T.J. Watt, and Myles Garrett. The commonly held belief is that defense wins championships. For some of the NFL’s top defenders, they are ...
KoBold Metals, a US-backed mining firm supported by billionaires Jeff Bezos and Bill Gates, has received seven new permits to explore for lithium in the Democratic Republic of Congo (DRC). The DRC mining registry confirmed on Wednesday (August 27) that the permits cover ground in both the Tanganyika and Haut-Lomami provinces, including four in Manono territory, home to the massive ...
Elon Musk’s Neuralink has captured the public’s attention and imagination with its futuristic vision of connecting the human brain to computers. A July 2024 report by IDTechEx projects that the overall brain computer interface (BCI) market could reach a market value of over US$1.6 billion by 2045. ‘We anticipate that the market for non-invasive solutions will grow before the commercialization ...