short BitMine Immersion Technologies is set to join the Russell 1000 large-cap index on June 26, comfortably crossing the large-cap threshold of $5.7 billion. The listing is expected to trigger a multi-billion-dollar wave of automated demand from passively managed index…
Hyperliquid price defied the broader negative market trend, hitting a new all-time high. HYPE’s current price rally is driven by increased whale activity and rising institutional demand. Hyperliquid saw a huge rise in market cap, flipping Dogecoin to secure ninth…
Goldman Sachs warns that the AI-led stock market rally is creating a more concentrated trading environment for investors. The AI-fueled rally that has helped push the S&P 500 to repeated record highs also creates risks as market gains become increasingly…
Coinbase executives mounted a coordinated defense of payment stablecoins, prompting them to respond to a Wall Street Journal column. The article asked whether privately issued digital dollars pose a systemic risk to the US economy. Both Chief Legal Officer Paul…
Tldr: Brian Armstrong says real-world asset tokenization enables instant settlement and fractional ownership globally. Armstrong calls for 24/7 global trading with pooled liquidity to remove time zone barriers for all investors. Stablecoin payments and AI-powered financial instruments are a key…
Brian Armstrong discussed several areas where he believes the financial system still needs significant modernization. Coinbase CEO Brian Armstrong said the financial system still needs significant upgrades, as he stressed that significant technological innovations and political action are needed to…
Brent crude opened with a lower gap and hit the lowest level in more than two weeks on Monday ($96.88), driven by a new wave of optimism about a possible peace deal between the United States and Iran, although the…
Coyote Copper Mines Company (CCMM(TSXV) It is increasing its previously announced non-brokered financing to $7.0 million, compared to the previous target of $5.0 million. The company, which mines copper in Arizona, said it would issue up to 28 million units…
Tenaris is proceeding with a $306 million expansion of its industrial hub, a project the federal and Ontario governments say will strengthen Canada’s domestic steel supply chain. According to the company, the plan is to expand production, add a larger…
The Kingdom of Saudi Arabia has distinct regulatory frameworks: for the public sector and the private sector. How BIMCO defines “holiday” BIMCO follows a well-established legal definition derived from a 1979 London Arbitration Award. Under this, a “holiday” is any…
