IREN Limited (NASDAQ:IREN – Get Free Report) shot up 2.5% during trading on Tuesday . The stock traded as high as $55.72 and last traded at $54.39. 35,708,300 shares changed hands during mid-day trading, a decline of 18% from the average session volume of 43,338,656 shares. The stock had previously closed at $53.08. Key IREN [...]
The ASX All Ords gold stock is aiming to turbocharge its exploratory drilling program.The post Up 160% in a year, ASX All Ords gold stock announces $55 million capital raise appeared first on The Motley Fool Australia.
Gold prices extended gains on Wednesday on safe-haven appeal, as renewed geopolitical tensions between the US and Iran added to the yellow metal’s recent upswing that saw it mark its best day since 2008 in the previous session. Spot gold gained 2.7% to $5,071.79 per ounce as of 0353 GMT, after surging 5.9% on Tuesday, [...]
WisdomTree, a firm with $150 billion in assets, says crypto is now a core businessWisdomTree’s Jonathan Steinberg says the firm’s tokenization push is nearing profitability, with $750 million in digital assets and long-term plans to modernize financial infrastructure.What to know:- WisdomTree...
TORONTO, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Purpose Investments Inc. ("Purpose”) today announced, further to its news releases of November 19, 2025 and September 22, 2025, that it will be proceeding with the merger of Purpose Ether Staking Corp. ETF (Cboe Canada: ETHC.B) (the "Terminating Fund”) into Purpose Ether ETF (TSX: ETHH.B) (the "Continuing Fund”) on a tax-deferred basis (the "Merger”) on or about February 13, 2025 (the "Merger Date”).Purpose believes the Merger is in the best interest of investors as it consolidates two funds with substantially similar investment objectives and valuation approaches into a single, larger fund, which is expected to support greater scale, operating efficiency, and lower operating costs. Upon completion of the merger, units of the Terminating Fund will be exchanged for units of the Continuing Fund based on their respective net asset values.What investors need to know:No action required: After the close of business on the Merger Date, unitholders of the Terminating Fund will automatically receive units of the Continuing Fund based on the applicable exchange ratio.Exchange ratio: Units will be exchanged based on each fund’s net asset value per unit determined as of the close of trading on the Merger Date.Costs: All costs and expenses associated with the Merger are borne by Purpose.Trading status: Units of the Terminating Fund will no longer trade following the Merger Date. "This merger is about making Ethereum exposure simpler and more effective for investors,” said Vlad Tasevski, Chief Innovation Officer. "Clients gain access to a single, scaled spot Ether ETF that combines direct Ether exposure with staking rewards, supported by our proprietary, in-house staking infrastructure that we’ve been operating since 2024. Greater scale and operational integration allow us to deliver a more efficient, lower-friction experience within a regulated ETF structure.”Purpose previously announced that it will begin staking the Ether held in Purpose Ether ETF (ETHH), having received unitholder approval of a staking service fee.About Purpose InvestmentsPurpose Investments Inc. is an asset management company with over $30 billion in assets under management. Purpose focuses on client-centric innovation across managed and quantitative strategies, and is led by entrepreneur Som Seif as a division of Purpose Unlimited, an independent technology-driven financial services company.For further information, please email info@purposeinvest.com.Media Inquiries:Keera HartKeera.Hart@kaiserpartners.com 905-580-1257Commissions, trailing commissions, management fees and expenses may all be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed; their values change frequently, and past performance may not be repeated. Crypto assets can be extremely volatile, and there is no guarantee that the amount invested will be returned to you.Certain statements in this document are forward-looking. Forward-looking statements ("FLS”) are statements that are predictive in nature, depend on or refer to future events or conditions, or that include words such as "may,” "will,” "should,” "could,” "expect,” "anticipate,” "intend,” "plan,” "believe,” "estimate,” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions, or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are, by their nature, based on numerous assumptions. Although the FLS contained in this document are based upon what Purpose Investments and the portfolio manager believe to be reasonable assumptions, Purpose Investments and the portfolio manager cannot assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on them. Unless required by applicable law, it is not undertaken, and is specifically disclaimed, that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events, or otherwise.
The US stock market sank in mixed trading on Tuesday, while gold and silver bounced higher after their latest sell-off.
It looks like 2026 is shaping up to be a pretty big year for companies in the crypto...The post Investing in Crypto Companies Stocks: A 2026 Guide appeared first on TechAnnouncer.
The sale of 49% of World Liberty Financial to an Emirati tycoon appears to have been an incredible deal for Donald Trump.
Shares of Bitwise Bitcoin ETF (NYSEARCA:BITB – Get Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as $39.58 and last traded at $41.0780, with a volume of 9038415 shares changing hands. The stock had previously closed at $42.34. Bitwise Bitcoin ETF Stock Performance The business has [...]
VanEck Bitcoin Trust ETF (NYSEARCA:HODL – Get Free Report) hit a new 52-week low on Tuesday . The stock traded as low as $20.61 and last traded at $21.11, with a volume of 7509435 shares traded. The stock had previously closed at $22.05. VanEck Bitcoin Trust ETF Stock Down 2.0% The firm has a 50 [...]
A simple habit is undermining the promise of plug-in hybrids. Many plug-in hybrid owners aren't plugging in their vehicles, undermining the efficiency gains those models are designed to deliver, General Motors Co. (NYSE:GM) CEO Mary Barra said recently at an Automotive Press Association conference in Detroit.GM continues to evaluate hybrids and plug-in hybrids but remains primarily focused on electric vehicles, which Barra described as "the endgame" in an interview with Automotive Press Association President Kalea Hall.Don't Miss:Missed Nvidia and Tesla? RAD Intel Could Be the Next AI Powerhouse — Just $0.85 a ShareBlue-chip art has historically outpaced the S&P 500 since 1995, and fractional investing is now opening this institutional asset class to everyday investors.Why Plug-In Hybrids Fall Short In PracticePlug-in hybrids are built to handle short trips on electricity before switching to gasoline once the battery runs out. When drivers regularly charge them, that setup is meant to cut fuel use."What we also know today with plug-in hybrids ...Full story available on Benzinga.com
Crypto analyst and Elliott Wave expert Gert van Lagen has highlighted a critical level that could determine the next move in the Bitcoin price. In a recently shared 2-week chart, Lagen points to a broader market structure that suggests Bitcoin may be preparing for another strong upward leg, provided it continues to hold above $74,000. According to the analyst, this level now serves as a key support zone, marking the boundary between bull-market continuation and a potentially more concerning structural breakdown. Why $74,000 Matters For Bitcoin Price Bull Structure In an X post, Lagen shared a detailed analysis of Bitcoin, predicting its next price move based on Elliott wave structures. His accompanying chart shows BTC completing an extended corrective phase following a multi-year rally. This correction, labeled Wave IV, has pulled the price back into a previous consolidation zone without disrupting the broader bullish structure. As long as Bitcoin remains above $74,400, the analyst views this move as a healthy reset rather than the beginning of an extended bear market. Related Reading: Here’s Why The Bitcoin, Dogecoin, And XRP Price Are Crashing This Week Looking back at earlier phases of the cycle helps explain why the $74,400 support level is so critical. Lagen noted that during the build-up to Wave III, Bitcoin experienced a deep retracement that nearly revisited the low from the previous corrective wave before pushing higher. The cryptocurrency’s current price action appears to follow the same pattern, with the latest pullback approaching the bottom of Wave IV at mid-$70,000. This type of pattern repetition is common in Elliott Wave structures and often signals that the market may be preparing for a stronger upward move. In line with this, Lagen highlighted that BTC’s recent price movements match the characteristics of a Wave II correction within a broader Wave V advance. He said that $74,000 remains in the invalidation area. Holding above it keeps Bitcoin’s bullish outlook intact, while a decisive break below it would force a reassessment of BTC’s entire market structure. In any case, the analyst has stated he does not expect Bitcoin to break this support zone. What The Chart Says About Bitcoin’s Next Move If the $74,400 support level continues to hold, the projected path on Lagen’s chart suggests the start of a new impulsive rally that would mark the early phase of Wave V. The initial move higher is expected to push the Bitcoin price back above previous highs, signaling that the corrective phase has ended and momentum has flipped back in favor of the bulls. According to the analyst, if Bitcoin continues to mirror past patterns, a bearish outcome remains less likely. Related Reading: Bitcoin Price Will Still Rally Above $99,000 Despite Bearish Sentiment, Here’s Why Looking at his chart, Lagen has projected that Bitcoin could experience a bullish continuation toward the $260,000 to $320,000 region, which aligns with sub-wave 3, the strongest phase of a Wave V advance. Following this, the final extension of Wave V is expected to push Bitcoin toward $400,000, reflecting a final-cycle advance and representing a surge of more than 410% from current levels around $78,000. Featured image from Peakpx, chart from Tradingview.com