Source: Adobe Stock As Bitcoin (BTC) surged passed $38,000 in November, the ProShares Bitcoin Strategy ETF (BITO) has tapped a new all-time high for assets under management (AUM). On Tuesday, the fund’s Bitcoin futures contracts reached a record $1.47 billion in value. That’s up from $1.1 billion at the start…

Since the Biden administration published its finalized semiconductor export controls in October, there has been little movement from the White House to impose restrictions on other advanced technologies. Part of the reason is that there is no clear next choice for the Biden administration to put into the crosshairs next.…

Gold is at a record high, propelled in recent weeks by a dip in bond yields and a weaker U.S. dollar, plus some elevated geopolitical risk. That’s finally bringing some relief to shares of gold miners and other gold-linked stocks. History suggests the rally has legs. Gold was trading above…

© Reuters. Germany stocks mixed at close of trade; DAX up 0.22% Investing.com – Germany stocks were mixed after the close on Friday, as gains in the , and sectors led shares higher while losses in the , and sectors led shares lower. At the close in Frankfurt, the added…

OTTAWA (Reuters) – A trade dispute settlement panel set up under a major North American free trade agreement has rejected a U.S. complaint that Canada is improperly limiting access to its dairy market, an official report showed on Friday. The United States had accused Canada of not meeting obligations under…

The euro is making strides towards the 1.0700 mark against a slightly weaker US dollar today, maintaining its momentum despite no significant shifts in market news or sentiment. The currency’s resilience comes as markets maintain a neutral risk sentiment, carrying over from last week’s risk-on movement. Investors and traders are…

IOTA, XRD, and THETA surge as analysts tout crypto presales BTCETF and TGC as potential best cryptos to buy now. Image by cryptonews.com. The recent successful registration of IOTA’s foundation in Abu Dhabi and subsequent nearly 48% increase in IOTA’s price yesterday has positioned it among the best crypto to…

As OPEC+, a select group of Russia-led oil producers and the Organization of the Petroleum Exporting Countries (OPEC) spearheaded by Saudi Arabia, convened for its latest meeting to decide production levels on Thursday (November 30, 2023), global crude markets were waiting for a lollipop but received a fudge instead. If…

It’s a bit surprising to see oil prices decline sharply after major oil producers pledged additional production cuts for the first quarter of next year, but that’s exactly what’s happened Thursday following a much-anticipated OPEC+ meeting. Analysts said the voluntary nature of those added reductions had spawned skepticism over whether…

© Reuters. NASDAQ has granted Society Pass Inc. (SoPa), a Southeast Asian loyalty and e-commerce firm, an extension until May 20, 2024, to meet the exchange’s minimum $1 bid price requirement. This extension provides the company with additional time to align its strategies with NASDAQ’s standards. SoPa, which was founded…