Inclusion in the large-cap benchmark may trigger billions in passive fund inflows for the Ethereum-focused firm. BitMine Immersion Technologies will enter the Russell 1000 Index on June 26 after surpassing the $5.7 billion large-cap threshold. The company’s $10.7 billion m
A 10-year federal proposal aims to reduce Colorado River water allocations to Arizona, Nevada, and California by up to 40 percent. The Trump Administration has outlined a 10-year plan to cut water supplies from the Colorado River to Arizona, Nevada, and California by as mu
Market capitalisation returns to $2.57T levels The crypto market continues to fluctuate, with market capitalisation levels returning to around $2.57T for the third time this week. This follows a dip to $2.5T at the end of last week, after an earlier surge to $2.7T.
Gold price edges up over 1.30% on Monday Gold price increased by over 1.30% on Monday due to thin trading. The XAU/USD pair trades at $4,570 after bouncing off daily lows. The US Dollar dives as sentiment remains positive with US equity futures rising to new al
XAU/USD rises 1.3% as the US Dollar Index drops 0.32% on reports of a potential US-Iran ceasefire and Hormuz reopening. Gold prices surged over 1.3% to $4,570 on Monday, recovering from daily lows of $4,519, as the US Dollar weakened amid thin trading due to the US Memoria
US and Iran plan to open the Strait of Hormuz in 30 days The US and Iran are working towards a preliminary agreement to end conflict, with plans to open the Strait of Hormuz in about 30 days. The proposed deal includes a 60-day ceasefire, reopening of the Strait of
Improved prospects for a US-Iran agreement lift risk appetite, driving the British Pound higher against the US Dollar. The British Pound advanced against the US Dollar, with GBP/USD approaching 1.3500 as optimism over a potential US-Iran deal bolstered market sentiment. Th
The British pound gains 0.54% as progress in US-Iran talks lifts risk sentiment and pressures the US dollar. The British pound rose 0.54% against the US dollar on Monday, approaching 1.3500 as optimism over a potential US-Iran agreement improved market sentiment. The pair
Tether and Georgia’s central bank will issue a stablecoin pegged to the Georgian lari to cut fees and boost cross-border trade. Georgia will launch GELT, a stablecoin backed by the Georgian lari, in collaboration with Tether and the country’s central bank. The asset aims t
Hyperscalers face shrinking clean energy deals amid offshore wind delays and volatile wholesale power prices. European data center power purchase agreement volumes fell to 2.6 GW in 2025 from 4.2 GW in 2024, despite accelerating capacity expansion. The decline stems from o
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