Author: Charlotte

Investor withdrawals from US spot cryptocurrency exchange-traded funds accelerated sharply in recent sessions, affecting products tracking Bitcoin, Ethereum, Solana, and XRP. This wave of redemptions reflects heightened caution amid declining prices for the underlying digital assets and shifting macroeconomic signals. According to available data, Bitcoin-linked ETFs recorded roughly $397 million in net outflows on Wednesday, pushing the category’s consecutive outflow streak to 13 trading days. Cumulative withdrawals since mid-May reached about $4.37 billion. BlackRock’s iShares Bitcoin Trust (IBIT), the dominant player, led with more than $342 million in redemptions that day. Fidelity’s Wise Origin Bitcoin Fund (FBTC) saw around $54…

Law firm eyes private equity to wrest back control from ex-partners The Times Source link

On inflation, it added that “upside risks” have increased, with inflation projected to average 5.7 per cent in the second half of FY27 and potentially reach 5.9 per cent in the third quarter.Systematix argued that the latest projections point to growing stagflationary risks for the economy.”The RBI appears to be capitulating to stagflationary risks — higher inflation (potentially approaching or exceeding the upper tolerance band) alongside moderating growth,” the report said.The brokerage further noted that India’s foreign currency assets have declined amid interventions to support the rupee, adding that the currency had approached “critical levels near 100/USD.”While acknowledging that the…

Oldfield Forge offers hands-on blacksmithing experiences where visitors can learn traditional metalworking skills and create their own forged items. The business caters for a wide range of guests, including families, couples, groups and individuals looking to try something different. Source link

Billionaire real estate financing often defies conventional wisdom: Elon Musk, the world’s richest person, took out $61 million in mortgages on five California properties through Morgan Stanley, while Mark Zuckerberg locked in a 30-year mortgage at 1.05% on his Palo Alto home. Rather than paying cash outright, these ultra-wealthy individuals use mortgages as a strategic wealth tool. The primary reason billionaires borrow for real estate is to preserve liquidity. Most of their wealth sits in investments, stocks, and business assets rather than cash accounts. By taking a mortgage, they keep capital deployed in higher-returning investments instead of tying millions into…

China”s securities regulator will continuously enhance regulatory mechanisms for algorithmic trading and effectively prevent the abuse of technological advantages as part of broader efforts to promote the high-quality development of the fund industry, China Securities Regulatory Commission Chairman Wu Qing said on Saturday. Speaking at the fourth members’ congress of the Asset Management Association of China, Wu said the CSRC will conduct in-depth research and consistently strengthen regulatory mechanisms for program trading, with a greater focus on fairness and compliance. Targeted supervision will be strengthened to crack down on market manipulation and other violation activities that disrupt market order, Wu…

Precious metal shave been one of the market’s hottest sectors the past year. The iShares Silver Trust (SLV 8.08%) provides direct exposure to silver prices, whereas Sprott Gold Miners ETF (SGDM 8.23%) targets the equity of companies mining gold, leading to different risk-return profiles and income potential.Investors looking for precious metals exposure can choose between owning the physical commodity and the companies that extract it. While both can serve as inflation hedges, investing in the metals directly often exhibits volatility patterns different from those of metal mining stocks, which are influenced by corporate balance sheets and operational costs.Snapshot (cost &…

The largest banks in the United States are working on a tokenized deposit network that is intended to launch in the first half of next year through their co-owned payment network company Clearing House, according to a report in The Wall Street Journal. Specific banks involved in the project include JPMorgan Chase, Citigroup, Wells Fargo, and Bank of America. The move is seen as a response from the banking industry over the growth in stablecoins in recent years, which are the specific kind of dollar-pegged crypto token that has been at the center of a feud between the crypto and…

Economic Community of West African States (ECOWAS) Commission and Women in Law and Development (WiLDAF) Train Women Cross-Border Traders in The Gambia Africa24 TV Source link

There’s no doubt that money can be made by owning shares of unprofitable businesses. For example, although software-as-a-service business Salesforce.com lost money for years while it grew recurring revenue, if you held shares since 2005, you’d have done very well indeed. But while history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com? So should Rua Gold (TSE:RUA) shareholders be worried about its cash burn? In this report, we will consider the company’s annual negative free cash flow, henceforth referring to it as the ‘cash burn’. The first step is to compare its cash burn with…