Gran Tierra Energy Inc. has agreed to sell its oil business in Colombia and Ecuador to Maurel & Prom for $1.33 billion, transferring all South American assets and liabilities. This deal will leave Gran Tierra debt-free with approximately $250 million in cash at closing and a $65 million note receivable. The company plans to use part of the proceeds for a share repurchase to return capital to stockholders and focus on growth in Canada and Azerbaijan. The transaction is expected to close by December 31, 2026, pending shareholder and regulatory approvals.
Bitcoin's price dropped 1.93% to $78,788 but remains above key moving averages, signaling ongoing strength. The 14-day RSI at 61.50 shows positive yet cooling momentum as Bitcoin consolidates below the $80,000 resistance level. Bitcoin ETFs attracted...
The Ethereum Foundation’s Protocol cluster has set a firm deadline of December 2029 to make Ethereum’s base layer quantum-resistant across execution, consensus, and data layers. This move anticipates the arrival of quantum computers capable of breaki...
Solana has attracted $348 million in net inflows of tokenized real-world assets (RWA) over the past 30 days, bringing its total RWA value to $720 million. These inflows represent capital moving into tokenized products like Treasuries and credit pools...
Sandisk is expanding rapidly and is valued at just 10 times its forward free cash flow, signaling potential for significant gains. The company expects to generate around $24 billion in free cash flow by fiscal 2027 and plans to return all excess cash...
XRP experienced a 14% decline in open interest, falling from $558 million to $478 million, following $14.2 million in two-way liquidations that affected both long and short traders. Funding rates turned negative, ending a 14-session streak of positiv...
