A recent development highlights the ongoing interagency drama between the US Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC): the classification of major cryptocurrencies has become a focal point of contention. Once again, the CFTC has affirmed its position that Ethereum (ETH) and several other cryptocurrencies …
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The total assets under management of all Bitcoins ETFs combined is more than double of the Silver ETFs available in the market. In a remarkable turn of events, Bitcoin exchange-traded funds (ETFs) in the United States have swiftly outpaced silver ETFs in terms of assets under management (AUM) within just …
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While WisdomTree is expanding its investment options with Bitcoin, the asset manager has also decided to liquidate five of its ETFs. WisdomTree, one of the major players in the financial industry, is considering the addition of Bitcoin (BTC) as part of its commodity exchange-traded fund (ETF), providing its customers with …
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Commodity money is a form of money that derives an intrinsic value from its underlying commodity and the supply and demand dynamics. Gold and silver have been accepted as commodity money for centuries because of their scarcity and desirability. Commodity money has some inherent limitations, such as the challenge of …
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In my youth, amid Ghana’s cocoa farms, I walked with my grandfather, a soldier turned farmer. He shared how these beans fueled our nation’s pride and economy. As the digital age unfurls, I often wonder: Could the modern marvel of crypto tokenization be the change my grandfather and countless cocoa …
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Shell is struggling with a continuous fall in profits as Q2 2023 figures show significant reductions compared with last quarter and Q2 2022. Oil giant Shell (LON: SHEL) has posted disappointing profits for Q2 2023, largely caused by a reduction in the prices of fossil fuels. Shell’s report shows that the …
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The crypto trade waits anxiously for the choice of Choose Analisa Torres of the Southern District Court docket of New York on the Securities and Change Fee (SEC) versus Ripple Company case. Ripple owns the favored XRP crypto token, which is at present nonetheless within the High 10 of Coinmarketcap.com, …
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Commodity prices have fallen “sharply” in the previous few months, the margin scenario is now “pretty good” and a revival in gross sales quantity is predicted, helped by value drops in some classes resembling cleaning soap, stated Godrej Shopper Merchandise Ltd (GCPL) Managing Director …
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Amid international fee hikes, overseas fund flows are seeing an ‘uneasy equilibrium’ in current months, Financial Affairs Secretary Ajay Seth stated in an interview. Excerpts: How do you place the Finances within the context of worldwide headwinds and insulating India from their worst results? Three international components are vital for …
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