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Bitcoin sell-off pushes IBIT investor returns into the red
Bitcoin’s sharp decline over the weekend has likely pushed the aggregate investor position in the largest spot Bitcoin exchange-traded fund (ETF) into negative territory, underscoring the severity of the recent downturn. According to Bob Elliott, chief investment officer at asset manager Unlimited Funds, the average dollar invested in BlackRock’s iShares Bitcoin Trust (IBIT) is now...
Cannabis caper ends with chase, no charges
RAYMOND — It’s like a scene from a TV show: A man fleeing down a dark riverside trail weighed down by big garbage bags stuffed with discarded marijuana, a vigilante in hot pursuit. The case of the alleged marijuana bandit unfolded at the Port of Willapa Harbor on Dec. 30 at 7:16 p.m. Just-released details...
Amazon Weighs US$50b OpenAI Stake While Cutting 16,000 Corporate Roles
Go to hub Simply Wall St 3 min read Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Amazon.com (NasdaqGS:AMZN) is reportedly in advanced talks to invest up to US$50b in OpenAI, in what...




