Crypto SWOT: Cathie Wood has scooped up 1.3 million shares of Coinbase this month.
(Kitco commentary) - Binance CEO Changpeng Zhao, or "CZ," and several deputies met with investors in Abu Dhabi last week to raise cash for a crypto industry recovery fund.
Gold SWOT: UBS identifies three structural reasons in favor of gold
(Kitco commentary) - The best performing precious metal for the week was silver, up 2.02% largely on improved sentiment across the precious metals space, except for palladium, with the Fed Minutes indicating a more moderate interest rate path ahead.
Crypto SWOT: Advisers overseeing the bankruptcy of FTX are struggling to locate the company's cash and crypto
(Kitco commentary) - The World Cup has an official crypto exchange sponsor - Crypto.com and its just one of several decentralized tie-ins for the World Cup, which kicks off in Qatar in the coming week.
Gold SWOT: Kinross Gold's new COO has hit the reset button on the operating front
(Kitco commentary) - The best performing precious metal for the week was gold, but still down 1.04%. Torex Gold announced adjusted earnings per share (EPS) of $0.40, beating consensus of $0.33 on pre-reported gold sales of 119,800 ounces.
Crypto SWOT: Last Week Was Crazy for Crypto, Heres a Recap
(Kitco commentary) -Of the cryptocurrencies tracked by CoinMarketCap, the best performer for the week was PAX Gold, rising 5.66%.
Gold SWOT: Yamana Gold has entered into an arrangement with Pan American and Agnico Eagle
(Kitco commentary) - The best performing precious metal for the week was palladium, up 10.46%. Allied Market Research published a report outlining 5.8% compounded growth for global palladium markets through 2031.
Crypto SWOT: India's Central bank starts a pilot program of its digital currency
(Kitco commentary) - India's central bank started a pilot program of its digital currency on Tuesday, allowing select banks to use it for settling secondary-market transactions in government securities.
Gold SWOT: India's gold demand has reached pre-pandemic levels
(Kitco commentary) - The best performing precious metal for the week was silver, up 9.34% largely on speculation that China will reopen soon.
Crypto SWOT: Crypto miner Core Scientific warned that it may run out of cash by year-end
(Kitco commentary) - Crypto hedge fund Strix Leviathan has hired ex-BlackRock Inc. executive Matthew McBrady as its new head of strategy, reports Bloomberg.
Gold SWOT: Drilling by K92 Mining is only beginning to scratch the surface, says Stifel
(Kitco commentary) - The best performing precious metal for the week was platinum, up 1.73%, as hedge funds boosted their bullish sentiment to a seven-month high.
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