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Of the cryptocurrencies tracked by CoinMarketCap, the best performer for the week was Celestia, rising 9.48%.
Bitcoin briefly dropped below $60,000 for the first time in more than a month, with volatility increasing ahead of a software update in the blockchain that has long been touted as bullish for the cryptocurrency. The digital asset fell as much as 5% before paring the decline, writes Bloomberg. A startup prime brokerage, backed by Citadel Securities, is the latest firm looking to raise new funds amid a bounce back in the digital-asset market, writes Bloomberg. Hidden road partners, which focuses on cryptocurrencies and foreign exchange, is raising a series B equity round that will bring its valuation to around $1 billion. A trader accused of exploiting Mango Markets rules to steal $110 million from the exchange was convicted of fraud in the first U.S.
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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