Crypto SWOT: Many crypto companies are hiring again, as the digital asset space recovers

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The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Of the cryptocurrencies tracked by CoinMarketCap, the best performer for the week was Mantle, rising 43.62%.

Bored Ape Yach Club NFT #9258, once owned by American comedian Kevin Hart, was traded for around 13.26 ether in late March – equal to $46,200. Hart purchased the NFT in January 2022 for 79.5 ether, worth over $200,000 at the time, writes Bloomberg. Hart is one of the many who have experienced one of the pitfalls that come with digital trends, reports Yahoo! Tech.

Mike Novogratz, Galaxy Digital’s founder and CEO, says Bitcoin participation is only going to increase and it will play a big role in the 2024 elections, reports Bloomberg.U.S. prosecutors charged KuCoin, one of the world’s largest cryptocurrency exchanges, and two of its founders for failing to comply with American anti-money laundering rules.

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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Gold SWOT: The silver market has been in a deficit position for the last two yearsThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
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