Seabridge Gold announced a $100 million unsecured strategic facility to fund ongoing work on its KSM gold project while finalizing a joint venture partnership. This funding provides financial certainty and signals strong confidence in the project, which is valued at $33.3 billion after-tax NPV. The partnership, expected to bring in capital and advance development, is seen as the main catalyst to increase Seabridge's valuation, currently trading at a significant discount compared to peers. The company’s Q2 earnings were boosted by a one-time gain but remain secondary to progress on KSM financing and development.
Alphabet CEO Sundar Pichai revealed that the company is facing challenges in rapidly expanding its AI capacity to meet demand. Meanwhile, competitor Anthropic has successfully secured 5 gigawatts of AI computing power, highlighting a significant deve...
The Fidelity Ethereum Fund (FETH) stands out as the only large-cap US spot Ethereum ETF that avoids exposure to Coinbase at both custody and validation layers, providing a structural hedge against counterparty concentration risks common in competitor...
PONS token has surged 46% in the past 24 hours, reaching a new peak of $0.49, driven by high trading volumes exceeding $4 billion on the platform. The rally is fueled by broad market reach with listings on multiple exchanges, strong demand from whale...
XRP traded near $1.37 on September 1, down 8.2% over the past week but still up 25.9% monthly after retreating from its August high near $1.70. Analyst Ali Martinez sees a potential rebound target at $1.70, but XRP must hold support between $1.30 and...
XRP fell 8.48% this week after surging over 50% in late August due to US Treasury expanding long-term bond buybacks and a short squeeze. The recent decline reflects a partial retracement of this macro-driven spike, not a fundamental crash. While US s...
