European digital asset management firm CoinShares secured the exclusive option to acquire the exchange-traded fund (ETF) unit of its United States competitor Valkyrie Investments, including the Valkyrie Bitcoin Fund that’s awaiting approval in the U.S. CoinShares said on Nov. 17 that the move helps it expand to the U.S., which could soon become the epicenter
Municipals were firmer Thursday as a billion-plus dollar deal from the New Jersey Transportation Trust Fund Authority priced in the primary market and outflows continued. U.S. Treasury yields fell and equities ended down. Triple-A yields fell one to five basis points, depending on the scale, while UST were better by six to 10. The two-year
The Senate has passed a continuing resolution measure 87-11 that will keep the lights on until Jan. 19 and Feb. 2, avoiding a government shutdown this year, but increasing the stakes significantly for further funding discussions after the holiday season. The measure will give Congress room to breathe as it deals with pressing concerns of
High mortgage rates continue to weigh on the nation’s homebuilders, leading to an increase in price cuts to lure buyers. But builders are cautiously optimistic about recent signs that interest rates may move lower soon. Homebuilder sentiment fell six points to 34 in November on the National Association of Home Builders/Wells Fargo Housing Market Index
A Catholic hospital system is suing several California patients and their advocates because the patients allegedly refused to be discharged. The suits invoke a novel legal approach: accusing them of trespassing under a California law intended to stop anti-abortion protesters from blocking access to health facilities. This story also ran on Los Angeles Times. It
Nov. 9 This week on the KFF Health News Minute: More than 10 million Americans have lost health care coverage as states purge their Medicaid rolls, and addiction treatment services compete with law enforcement for opioid settlement dollars. Nov. 2 This week on the KFF Health News Minute: Schools struggle to keep nurses on staff,
Plato’s Crater — Daily Telescope: Imaging a nearly 4-billion-year-old region on the Moon “It happened to land on an interesting area, so I made a quick recording.” Eric Berger – Nov 16, 2023 1:00 pm UTC Enlarge / Mare Imbrium and its vicinity.Katie’s Observing Log reader comments 6 with Welcome to the Daily Telescope. There
Loading… Loading… Loading… Caitlin Long, the Founder and CEO of Custodia Bank, who advocates for cryptocurrency as a burgeoning asset class at both state and federal regulatory levels, notes that Custodia Bank, a non-loan-making institution, has been encountering regulatory challenges for a while. At Benzinga's Future of Digital Assets event on Tuesday, Matthew Sigel from
The Biden administrations first major step toward imposing limits on the pharmacy benefit managers who act as the drug industrys price negotiators is backfiring, pharmacists say. Instead, its adding to the woes of the independent drugstores it was partly designed to help. This story also ran on CBS News. It can be republished for free.
An Alabama woman is being kicked out of her longtime home as investors are looking to buy the 40-acre plot from her family, which could be worth upwards of $20 million. Corine Woodson, 84, has been living in the same house on the outskirts of Auburn for over 60 years and is forced to leave
Loading… Loading… Loading… Robinhood Markets Inc HOOD has revolutionized trading by eliminating traditional barriers, thereby democratizing investing with its commission-free trades and simplified approach, making it more accessible to historically underrepresented groups. Steve Quirk, the chief brokerage officer at Robinhoodappearedat Benzinga's Fintech Deal Day & Awards in New York on Monday, and spoke about how
Loading… Loading… Loading… VanEck's Portfolio Manager Pranav Kanade, the driving force behind the Digital Assets Alpha Strategy, recognizes both significant potential and challenges in investing in Bitcoin. At the Benzinga Future of Digital Assets event on Tuesday, Kanade drew a comparison between VanEck (a firm managing approximately $80 billion in traditional assets)and BlackRock, highlighting that
A group of thieves ransacked an Amazon delivery van as the helpless driver looked on stunned during the brazen daylight robbery in Atlanta in the latest string of attacks on delivery trucks. The female driver told the cops she was delivering a package to the Country Oaks Apartments in the Fairburn Mays neighborhood Sunday afternoon
Loading… Loading… Loading… JPM Coin, the digital token launched by JPMorgan Chase & Co JPM , is forecasted to handle up to $10 billion in daily transactions within the upcoming one to two years, marking a significant growth from the current $1 billion daily transactions. What Happened Since its launch in 2019, JPM Coin has
President Biden defended Israel’s raid of Gaza’s main hospital Wednesday, reiterating Israeli assertions that Hamas has used the medical facility as a control center to plan its attacks. “You have a circumstance where the first war crime is being committed by Hamas by having their headquarters, their military, hidden under a hospital,” Biden said. “And
A recent video from blockchain security firm CertiK made a series of “inaccurate” claims about a potential security vulnerability in Solana’s crypto-enabled Saga phone, Solana Labs has said. In a Nov. 15 post on X (formerly Twitter), CertiK claimed the Saga phone contained a “critical vulnerability” known as a “bootloader unlock” attack which would supposedly
Stay informed with free updates Simply sign up to the US-China relations myFT Digest — delivered directly to your inbox. US President Joe Biden and his Chinese counterpart Xi Jinping have reached an agreement to resume communications between their countries’ militaries at a summit in San Francisco designed to stabilise relations after several years of
Grayscale Investments is using its Ether (ETH) futures exchange-traded fund (ETF) application as a “trojan horse” to corner the United States Securities and Exchange Commission into approving its spot Ether ETF, says Bloomberg ETF analyst James Seyffart. Seyffart said in a Nov. 15 X (Twitter) post following the SEC delaying Grayscale’s ETH futures ETF bid
Municipals were mostly steady Wednesday as investors worked through more new-issue paper in the primary while U.S. Treasuries lost ground after Tuesday’s rally. Equities were mixed near the close. The dust settled Wednesday following Tuesday’s rally, as municipals were flat, according to a New York trader. “Everyone is reevaluating and taking a breather after the