Crypto SWOT: Bitcoin is on track for its worst quarter in a decade
(Kitco commentary) - Sam Bankman-Frieds FTX crypto exchange is exploring whether it might be able to acquire Robinhood Markets, according to people with knowledge of the matter.
Gold SWOT: Dolly Varden Silver has started its drilling campaign in the Golden Triangle.
(Kitco commentary) - The best performing precious metal for the week was palladium, up 4.62%, as the U.K. sanctioned Nornickels major shareholder, oligarch Vladimir Potanin. Nornickel is the worldss top producer of palladium, supplying about 40% of world demand.
Crypto SWOT: The Bank for International Settlements says crypto has structural flaws
(Kitco commentary) - Of the cryptocurrencies tracked by CoinMarketCap, the best performer for the week was Metaxa, rising 1,270.08%.
Gold SWOT: total gold held by etfs has risen 7.4% so far this year
(Kitco commentary) - The best performing precious metal for the week was palladium, up 3.41%, perhaps on news that Sibanye says its Stillwater Mine could be idle for up to six weeks after the Yellowstone flooding.
Gold SWOT: U.S. gold coin sales are on pace to have the strongest year since 1999
(Kitco commentary) - The best performing precious metal for the week was gold, up 1.41% after the market digested the Friday CPI print of 8.3%. India's gold imports for May jumped 677% in one year, the highest surge seen on a yearly basis.
Crypto SWOT: The Winklevoss twins' Gemini sued by the CFTC
(Kitco commentary) - Fidelity Investments' cryptocurrency-focused subsidiary is planning to hire more than 100 new technology workers as it works to expand its offering beyond Bitcoin, the Wall Street Journal reports.
Gold SWOT: gold moves higher as investors evaluate the Feds tightening path
(Kitco commentary) - The best performing precious metal for the week was platinum, up 7.73% as hedge funds cut their bearish platinum outlook to the lowest in six weeks.
Crypto SWOT: Turkey wants increased regulatory oversight of cryptocurrencies
(Kitco commentary) - Sumitomo Mitsui Trust Holdings is teaming up with a Japanese crypto firm to create a trust company to manage digital assets for institutional investors, writes Bloomberg.
Gold SWOT: gold is headed for the longest run of gains in more than a month
(Kitco commentary) - The best performing precious metal for the week was palladium, up 6.34%, despite hedge funds increasing their bearish weighting on palladium to an 18-week high.
Crypto SWOT: Texas has ambitions to become the most important crypto hub in the U.S.
(Kitco commentary) - Of the cryptocurrencies tracked by CoinMarketCap, the best performer for the week was Nekocoin, rising 1,913.68%.
load more articles