News

Jan 20
The Crude Chronicles – Episode 120

Oil Traders Increase LongsThe latest CFTC COT institutional positioning report showed that oil traders increased their net long positions by around 8% last week. This latest increase in upside exposure is well reflected in the price action with crude having broken out to its highest levels since 2014 this week at highs of almost $87 […]

Jan 20
Twitter Blue rolls out NFT profile pics for iOS

The feature can only be used by paid Twitter Blue users on iOS. 767 Total views 6 Total shares On Thursday afternoon, Twitter announced that it would be rolling out iOS support for nonfungible token, or NFT, hexagonal avatars. As of now, only paid subscribers of Twitter Blue using iOS, which costs $2.99 per month, […]

Jan 20
Intuitive Surgical stock falls after company earnings hurt by fewer procedures

Shares of Intuitive Surgical Inc. ISRG, -0.25% fell more than 4% in the extended session Thursday after the health care company reported fourth-quarter earnings and sales slightly above expectations but said the pandemic continues to lead to fewer procedures done with its main robotic surgical system. Intuitive said it earned $381 million, or $1.04 a […]

Jan 20
Witnesses address energy impacts of crypto mining during House hearing

“If policymakers take a cautious approach and foster a pro-innovation environment, the rewards for consumers, investors and all Americans are likely to be great,” said Jordan Ramis shareholder Gregory Zerzan. 1763 Total views 59 Total shares Five industry experts appearing before the United States House Energy and Commerce Oversight Subcommittee had different views on how […]

Jan 20
Oil prices settle lower as February WTI contracts expire

Oil prices finished with a loss on Thursday after the Energy Information Administration reported an unexpected weekly rise in U.S. crude inventories. However, concerns over potential disruptions to global crude supplies, particularly as the market weighs the possibility of a Russian invasion of Ukraine, helped to limit price losses. February West Texas Intermediate crude CLG22, […]

Jan 20
SEC rejects Skybridge's application for spot Bitcoin ETF

The commission rejected a rule change allowing listing and trading shares of the First Trust SkyBridge Bitcoin ETF Trust, citing similar reasons for disapproving Bitcoin spot ETFs from VanEck in November and WisdomTree in December. 353 Total views 3 Total shares The United States Securities and Exchange Commission, or SEC, has officially disapproved the application […]