The US Securities and Exchange Commission (SEC) is opting for a longer period to issue its decision on a proposal for a Grayscale Litecoin ETF. Amid the delay, Litcoin price has reversed its daily gains, shedding nearly 2% of its value. Grayscale Litecoin ETF Faces Another ETF Delay A fresh filing has revealed that the The post US SEC Delays ...
Per a recent statement released by the United States SEC, spot Ethereum and Bitcoin ETFs will now be able to perform in-kind redemptions for their clients. This move represents a change from the previous requirement that limited these transactions to cash only. New SEC Regulation Puts Bitcoin ETFs on the Same Standards as Gold ETPs Based The post Breaking: SEC Approves ...
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 ...
After spiraling from crisis to crisis over much of the past seven years, Boeing is stabilizing under CEO Kelly Ortberg’s leadership. Ortberg, a longtime aerospace executive and an engineer whom the manufacturer plucked from retirement to fix the problem-addled company last year, is set this week to outline significant progress since he took the helm a year ago. Boeing reports ...
July 29 (Reuters) – Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85-billion deal to create the country’s first coast-to-coast freight rail operator and reshape the movement of goods from grains to autos across the U.S. If approved, the deal would be the largest-ever buyout in the sector and combine Union Pacific‘s stronghold in ...
Charles Barkley heard from the co-workers who don’t appear on screen during TNT’s ‘Inside the NBA’ as its future was in flux over the past year ‒ about how they were worried about paying their mortgage or for their children’s education if they were to lose this job. The lingering uncertainty bothered the former NBA star, and it still bothers ...
Colorado football coach Deion Sanders offered an update on his health July 28, noting he’s looking forward to the 2025 season after a scare with bladder cancer. Sanders, heading into his third season with the Buffaloes, missed notable time throughout spring practices due for an undisclosed health-related reason, which was revealed to be the bladder cancer. Sanders’ bladder was then ...
Colorado football coach Deion Sanders once was one of the fastest players in professional sports and even had his own line of Nike footwear to cash in on it. But after 14 seasons in the NFL — and another nine in Major League Baseball — the mileage eventually caught up with his fleet feet, along with a serious rash of ...
Torex Gold (TSX:TXG,OTCQX:TORXF) is acquiring Prime Mining (TSX:PRYM,OTCQX:PRYM) in an all-share deal worth US$449 million, gaining full control of the Los Reyes gold-silver project in Mexico as it builds out an Americas-focused mining portfolio. Under the terms of the deal, Torex will gain 100 percent ownership of Prime’s Los Reyes project in Sinaloa, an advanced-stage gold-silver asset with indicated resources ...
After spiking above US$20,000 per metric ton in May 2024, nickel prices have experienced a downward trend, mainly remaining in the US$15,000 to US$16,000 range. Indonesia’s elevated production levels have been a primary factor contributing to low commodity prices, as sustained high output continues to oversupply the market. The supply surplus has had a knock-on effect, putting pressure on Western ...
‘The uranium story itself is finally getting better… the near perfect storm is here.’ he said, noting that all the factors that should drive electrical demand higher are merging, particularly electrification and AI data center needs. ‘I don’t think uranium has to go to US$200 in order to make money,” said Grandich. I just think it needs to go back ...
Ahead of the FOMC meeting holding between July 29 and 30, U.S. President Donald Trump has again urged the Fed to lower rates. However, the odds are in favor of Jerome Powell and the Committee holding rates for the fifth consecutive time this year. Fed To Keep Rates Unchanged At July 30 FOMC Meeting CME The post FOMC Meeting: Fed ...