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Of the cryptocurrencies tracked by CoinMarketCap, the best performer for the week was Bonk, rising 77%.
Tether will freeze wallets evading Venezuelan sanctions. The firm froze 41 wallets tied to the U.S. Treasury Department’s office of foreign asset control, writes Bloomberg. Stripe is bringing back crypto payments by allowing merchants using its platform to accept stablecoins for online transactions. The company’s co-founder says that stablecoins are becoming “more stable” while demonstrating a crypto payment on Stripe using Circle’s USDC token during a recent presentation, writes Bloomberg. The SEC wants to impose a $5.3 billion fine on Terraform Labs and its co-founder Do Kwon, the inventor of the failed TerraUSD stablecoin.
is CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment advisory firm based in San Antonio that manages domestic and offshore funds specializing in the natural resources and emerging markets sectors. The company’s no-load mutual funds include the Global Resources Fund , the World Precious Minerals Fund and the Gold Shares Fund .
The S&P/TSX Global Gold Index is an international benchmark tracking the world's leading gold companies with the intent to provide an investable representative index of publicly-traded international gold companies. The FTSE Gold Mines Index Series encompasses all gold mining companies that have a sustainable and attributable gold production of at least 300,000 ounces a year, and that derive 75% or more of their revenue from mined gold.
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