Author: admin
In brief SEC staff greenlit Bitwise’s ETF on Tuesday, but it was immediately paused under a discretionary review rule. Grayscale’s GDLC faced the same setback earlier this month. It then responded with a legal warning. ETF Institute co-founder Nate Geraci called it a “bizarre situation” as procedural uncertainty clouds ETF conversions. The SEC halted another crypto index ETF approval on Tuesday, marking the second time this month that the commission has intervened to block a staff-level recommendation.This time around, the move affects Bitwise’s 10 Crypto Index ETF, which was approved earlier in the day by the SEC’s Division of Trading…
News agency Agence France-Presse (AFP) has called on Israel to allow the immediate evacuation of its freelance contributors and their families from the Gaza Strip, a day after they warned that they were struggling to work due to starvation.In a statement, the French news agency said its freelancers faced an “appalling situation” in Gaza. A 21-month war with Israel has devastated the territory, a conflict triggered by Hamas’s deadly attack on Israel in October 2023.Israel has barred international journalists from entering Gaza since then, leaving most of the world’s news outlets relying on Palestinian freelancers to inform the world.Palestinian text,…
(Bloomberg) — Texas Instruments Inc. (TXN), a key chipmaker for producers of cars and factory equipment, tumbled in late trading after stoking fears that a tariff-fueled surge in demand will be short-lived. Most Read from Bloomberg Though the company issued a third-quarter forecast that beat most estimates, the outlook was more guarded than some investors had anticipated. The stock fell further during a conference call, when executives struggled to win over analysts who said the company’s tone had become increasingly negative. The main concern is whether tariffs and trade disputes will hurt a sales resurgence that’s still in the early…
OTC Markets Group (OTCQX: OTCM) announced that Freelancer Limited (ASX: FLN; OTCQX: FRLCY), the world’s largest freelancing and crowdsourcing marketplace, has qualified to trade on the OTCQX® Best Market. The company has upgraded from the Pink® market and begins trading its ADR under the symbol “FRLCY”.This upgrade signifies Freelancer’s commitment to transparency and compliance with high financial standards and best practice corporate governance. U.S. investors can now access the company’s financial disclosure and Real-Time Level 2 quotes on otcmarkets.com. OTC Markets Group (OTCQX: OTCM) ha annunciato che Freelancer Limited (ASX: FLN; OTCQX:…
Banking giant J.P. Morgan Chase is reportedly considering lending against its customers’ cryptocurrency holdings. That’s according to a report Tuesday (July 22) from the Financial Times (FT), which calls the proposed plan the latest signal that big banks are supporting crypto’s mainstreaming. Such a policy, the report adds, would mark a major shift for J.P. Morgan CEO Jamie Dimon, who has called bitcoin a “fraud” only used by criminals, though he later disavowed those comments. Now, the bank is weighing a plan that would involve lending directly against crypto assets such as bitcoin and ethereum, the FT said, citing sources…
About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. She earned a Bachelor of… Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance…
My top 10 things to watch Tuesday, July 22 1. Coca-Cola topped estimates for second-quarter earnings per share. Organic growth of 5% beat expectations. I liked the quarter, though it wasn’t perfect. It also said it will release a version of Coke made with cane sugar in the U.S. this fall. President Donald Trump said last week he spoke to Coke about this. 2. General Motors beat on earnings and sales, while also reaffirming the revised full-year guidance it provided in May. GM’s margin in North America dropped 44% from a year ago as tariffs squeezed profitability. Shares fell 3%…
Germany is offering freelancers a remarkable opportunity that most countries charge thousands for the chance to live and work there for an entire year at just €75 (approximately Rs 7,500). This affordable visa programme targets scientists, artists, journalists, and professionals in regulated fields like law, medicine, and engineering who want to establish themselves in one of Europe’s strongest economies.The application process is straightforward, but knowing exactly what documents you need and how to prepare them can make the difference between approval and rejection.What is the Germany freelance visaThe Germany Freelance Visa operates under Section 21(5) of the Residence Act. This…
Here is what you need to know on Tuesday, July 22:The US Dollar (USD) started the week under pressure and registered large losses against its major rivals on Monday. Although the USD holds its ground early Tuesday, investors refrain from positioning themselves for a steady recovery, while keeping a close eye on headlines surrounding the ongoing feud between United States (US) President Donald Trump and Federal Reserve (Fed) Chairman Jerome Powell. US Dollar PRICE This week The table below shows the percentage change of US Dollar (USD) against listed major currencies this week. US Dollar was the weakest against the…
