Melanion Capital’s crypto ETF is the worst-performing ETF in 2022, plummeting 68% since the start of the year. Melanion BTC Equities Universe is one of the five crypto funds that account for the worst seven debuts in the history of the ETF market, according to Financial Times. 5 Crypto ETFs Account for 7 Worst-Ever ETF Debuts Paris-based Melanion BTC Equities […]

Gold prices fell on Friday as the dollar continued to climb after rebounding from a one-month low on Thursday. The dollar gained in strength after the Bank of Japan maintained its ultra-low interest rates and dovish stance. Investors looked ahead to the Federal Reserve’s monetary policy meeting next week for more clues about the pace of tightening in the upcoming […]

The nosedive in the stock market should make it easier for short sellers to make money. They certainly have gambled that the shares of several companies will collapse. The most shorted stock list is littered with public corporations in great trouble. The one with the largest short interest compared to its float is Beyond Meat, the shares of which have […]

Credit Suisse Group opted to tap investors for a painful multibillion-dollar capital raise to shore up confidence and fund a years-long reshaping that will carve out its investment bank and slash its headcount by 9,000. The stock closed 18.6 per cent lower on the firm’s plans to raise 4 billion francs ($6.2 billion) through a rights issue and selling shares […]

Gold futures came off 2-week highs and settled lower on Thursday as the dollar rebounded from recent losses after data showed an improvement in U.S. economic activity in the third quarter. The dollar index, which dropped to 109.54 in the Asian session, rallied to 110.52 in the New York session. The index subsequently fell to around 109.80 but recovered to […]

Gold prices climbed higher on Wednesday as the U.S. dollar continued to drift lower amid hopes the Federal Reserve will slow down the pace of interest rate hikes at upcoming policy meetings. Data on Tuesday showed U.S. consumer confidence ebbed in October and home prices fell sharply in August, adding to recent signs that the Fed’s aggressive tightening stance was […]