Fidelity has updated its $898 million Fidelity Ethereum Fund to include Ethereum staking, allowing the fund to stake up to 100% of its ETH under normal conditions while retaining enough for liquidity. The fund will keep 85% of staking rewards after fees, using them first to cover expenses before distributing quarterly cash payouts to shareholders. Fidelity plans to start staking soon after regulatory approval, working with node operators like Blockdaemon and Galaxy Digital. This move follows new IRS tax guidance that facilitates staking within investment trusts without affecting their tax status.
Investors who bought $10,000 worth of USA Rare Earth stock at its highest price would now see their investment valued at approximately $4,650. This significant drop highlights the stock's decline and potential risks for shareholders. Investors should...
American Resources Corp has become the first platinum member of the Critical Minerals Institute, aiming to strengthen its connections and role in critical minerals policy. CEO Mark Jensen highlighted the benefits of access to CMI's data, relationship...
Kraken has announced that holders of Humanity ($H, $HUMANITY) and Beldex ($BDX, $BELDEX) tokens must withdraw their balances by 25 September 2026 at 14:00 UTC. Trading and deposits for these tokens have been disabled, and after the deadline, Kraken w...
Rosen Law Firm is investigating a class action lawsuit against The Ensign Group following allegations that the company issued misleading information about its business. A short seller report accused Ensign of understaffing nursing homes and compromis...
Tesla historically posts strong gains in calendar week 37, averaging a 4.5% rise over 15 years, outperforming major tech peers. This comes after a recent 6% drop following its Cybercab robotaxi event, which faced negative investor reaction and a safe...
