Gemfields Group Limited held a commercial-quality emerald auction from August 24 to September 10, 2026, generating $29.6 million in sales. The auction achieved a record average price of $9.72 per carat, up from $7.46 in the previous sale, despite selling fewer carats (3.05 million versus 3.41 million). All 44 lots were sold, marking a 100% sell-through rate, with 63 companies bidding, an increase from 55 previously. The emeralds come from Kagem, Gemfields' Zambian mine, with proceeds repatriated to Kagem and royalties paid to the Zambian government. This strong auction result reflects robust demand and intense buyer interest, signaling positive market conditions for Gemfields' emeralds.
Coinbase CEO Brian Armstrong predicts Bitcoin may reach $400,000 by 2030, a 420% increase from current levels, based on its four-year cycle pattern and recent market bottom. Key upcoming events like the CLARITY Act vote and the next Bitcoin halving s...
Ripple has upgraded its $1 billion-acquired Ripple Treasury platform by integrating GSmart AI agents to assist with liquidity management, cash flow forecasting, reconciliation, and risk assessment. These AI agents provide recommendations but require ...
Pan African Resources has completed a feasibility study for its Soweto Tailings Retreatment project in South Africa, aiming to increase annual gold production at its Mogale complex to around 100,000 ounces. The project involves retreating tailings wi...
Bitget Wallet has become a member of Japan's Blockchain Collaborative Consortium (BCCC), joining over 270 blockchain companies to engage in discussions on self-custody, wallet standards, DeFi regulation, and stablecoins. This move comes as Japan impl...
Ethereum developers have tentatively scheduled the Glamsterdam upgrade activation on the Sepolia testnet for October 6, 2026, at 13:53 UTC. This date remains conditional as stable activation has not yet been achieved on private development networks, ...
