SPDR Gold Shares (GLD) and BlackRock’s iShares Bitcoin Trust ETF (IBIT) have re-entered the top 10 most traded ETFs, displacing semiconductor ETFs. On a peak trading day, GLD saw $6.80 billion in volume, 228% above its 30-day average, while IBIT hit $5.21 billion, 415% above its average. This surge reflects strong new money inflows into Bitcoin via IBIT and genuine demand for physical gold through GLD, highlighting growing investor interest in alternative assets to the dollar. The trend suggests a rotation toward gold and Bitcoin as favored safe-haven and alternative investments.
Capital One experienced a significant 26% increase in purchase volume, highlighting strong growth in its recent franchise acquisition. In contrast, the legacy Discover card volume saw minimal growth, rising less than 2%. This disparity underscores th...
Jazz Pharmaceuticals announced a $1.1 billion private offering of 1.875% exchangeable senior notes due in 2032, upsized from an initial $1 billion. The notes, issued by its subsidiary Jazz Investments I Limited, will pay semiannual interest and are e...
Bitcoin's mainnet confirmed its first quantum-safe transaction using StarkWare researcher Avihu Levy's Quantum-Safe Bitcoin (QSB) method on August 26. This method replaces traditional elliptic-curve cryptography with hash-based protections to resist ...
Silver One Resources has upgraded the mineral resources at its Candelaria Project in Nevada, converting previously indicated and inferred resources on the leach pads to higher confidence measured and indicated categories. The updated resource now tot...
The Bushido Capital US Equity ETF (SMRI) receives a Hold rating from analyst Vasily Zyryanov. The fund shows a strong mix of growth at a reasonable price (GARP) and quality factors, with a low PEG ratio of 0.75 and a 5.4% earnings yield. Despite a ye...
