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.
Crypto SWOT: Crypto billionaire Sam Bankman-Fried has outlined a framework for limiting industry hacks.
(Kitco commentary) - JPMorgan Chase & Co. has hired a new head of digital assets regulatory policy, less than a month after CEO Jamie Dimon told lawmakers that cryptocurrencies are decentralized Ponzi schemes.
Gold SWOT: Renewed strength in the dollar has seen gold fall more than 20% since March peak
(Kitco commentary) - The best performing precious metal for the week was silver, up 6.58%. Silver ETFs saw inflows last week for the first time in almost six months as short interest retreated from 10-year highs.
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