First US Bitcoin ETF to Make NYSE Debut on Tuesday
The price of bitcoin was sent higher on Monday, after the SEC officially greenlighted the first US bitcoin ETF last week. America’s first ever bitcoin-related ETF is slated to make its public debut on the New York Stock Exchange on Tuesday, after receiving SEC approval last Friday. The provider of the Bitcoin futures ETF, ProShares, […]
Valens Company Sees Haywood Lower Price Target To $4 After Q3 Results
Last week, The Valens Company (TSX: VLNS) reported their fiscal third quarter financial results. The company reported net revenue of $20.99 million, up from the $18.76 million reported last quarter. Gross margins were 26.8% for the quarter compared to 22% last quarter, while adjusted EBITDA came in lower than last quarter at negative $6.18 million. […]
Analysis: The Stuck Supply Chain
Earnings season is upon us and, as analysts stare down previous quarters of growth numbers that are going to be difficult to beat, the financial media is getting ready for the coming misses with a narrative built around a convenient, all encompassing obstacle: The Supply Chain. That isn’t to say it’s an excuse. There really […]
Coinbase Calls on Congress to Implement a New Independent Crypto Regulator
Coinbase is at it again: after an embarrassing spat with the SEC whereby Gary Gensler reminded CEO Brian Armstrong that debt instruments are, in fact, securities, the crypto exchange still appears to be unsatisfied, and is now calling for the creation of a dedicated crypto regulator instead. Coinbase Global (NASDAQ: COIN) is now arguing that […]
What Pushes The SEC For A Possible Bitcoin ETF? – The Daily Dive
On this Daily Dive episode, Cassandra chats with one of our regular guests Mike McGlone, Bloomberg Intelligence senior commodity strategist. He comes on to talk about several sectors — bitcoin exchange traded funds, geothermal energy bitcoin mining, the present crude oil market, and green energy’s impact on oil prices. He also shares his thoughts on […]
Antibe: Canaccord Cuts Price Target From $5.00 To $1.20 After Drug Pivot
In early August, Antibe Therapeutics Inc. (TSX: ATE) announced that they have paused their study of otenaproxesul because it breached the threshold for the number of patients exhibiting liver transaminase elevations. Then, last week, Antibe provided an update following a full scientific and strategic review. The company is now pivoting from a focus on osteoarthritis […]
Azimut Exploration Starts 20,000-Metre Program At Elmer Property
Azimut Exploration Inc. (TSXV: AZM) reported this morning that it has started a new 20,000-metre drill program at its 100%-owned Elmer property in the James Bay region of Quebec. The firm said the aim of the program is to continue delineation drilling on the Patwon gold zone and prepare a maiden resource estimate for the […]
O3 Mining Drills 5.7 G/T Gold Over 14.5 Metres At Marban Project
O3 Mining Inc. (TSXV: OIII) this morning provided an update on its ongoing drill program at its Marban property in Val-d’Or, Québec. The results highlight an intersect of 5.7 g/t gold over 14.5 metres. The results come from 11 holes drilled in and around the “open-pittable deposits” at the property. Highlights from the drill results include: […]
Canadian Home Sales Increase for First Time in Six Months in September
Home sales across Canada increased for the first time in six months in September, as the ongoing economic improvement and the end of summer vacations prompted more potential homebuyers to enter the real estate market. According to the Canadian Real Estate Association, national home sales jumped 0.9% between August and September, marking the first increase […]
Westhaven Gold Intersects 1.09 G/T Gold, 2.43 G/T Silver Over 85.45 Metres At Shovelnose Gold Property
Westhaven Gold Corp. (TSXV: WHN) announced today the results from its ongoing drill program at its 100%-owned Shovelnose gold property in British Columbia. Assay reports highlighted an intersect of 1.09 g/t gold and 2.43 g/t silver over 85.45 metres, including 10.80 g/t gold and 24.80 g/t silver over 3.14 metres. The results come from the […]