Últimas noticias sobre iShares Bitcoin Trust (NASDAQ:IBIT)

The Trust seeks to reflect such performance before payment of the Trusts expenses and liabilities. The Shares are intended to constitute a simple means of making an investment similar to an investment in bitcoin rather than by acquiring, holding and trading bitcoin directly on a peer-to-peer or other basis or via a digital asset platform. The Shares have been designed to remove the obstacles represented by the complexities and operational burdens involved in a direct investment in bitcoin, while at the same time having an intrinsic value that reflects, at any given time, the investment exposure to the bitcoin owned by the Trust at such time, less the Trusts expenses and liabilities. Although the Shares are not the exact equivalent of a direct investment in bitcoin, they provide investors with an alternative method of achieving investment exposure to bitcoin through the securities market, which may be more familiar to them.

iShares Bitcoin Trust

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

News

$BTC

$ETH

ETHE

IBIT

Los ETF de Bitcoin (CRYPTO: BTC) han acumulado un asombroso total de 18.080 millones de dólares en flujos netos acumulados al 26 de agosto, mientras que los ETF de Ethereum (CRYPTO: ETH) han visto flujos netos de 477,88 millone

Flujos netos de Bitcoin y Ethereum: ¿Qué revelan los ETF sobre las preferencias de los inversores?

Markets

Fidelity Wise Origin Bitcoin Fund Fidelity Wise Origin Bitcoin Fund

FBTC

Los inversores institucionales, incluidos los bancos de inversión y los fondos de cobertura, presentaron sus informes 13F del segundo trimestre, revelando posiciones significativas en ETF de Bitcoin (CRYPTO: BTC) al contado.

Goldman Sachs añade más de 400M$ en ETF de Bitcoin mientras Morgan Stanley recorta

INTL BIOTECH TR PLC by International Biotechnology Trust Plc

IBITX Software Inc

Macro Economic Events

WIIM

Economics

Oil is trading higher amid escalating Russia-Ukraine tensions. Additionally, the commodity may be rising on supply issues after Norway's Johan Sverdrup oilfield was shut due to a power outage.

HC Wainwright &amp; Co. analyst Patrick Trucchio reiterates Alnylam Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALNY#NASDAQ">ALNY</a>) with a Buy and maintains $400 price target.

Price Target

Reiteration

Analyst Ratings

ALNY

HC Wainwright & Co. Reiterates Buy on Alnylam Pharmaceuticals, Maintains $400 Price Target

Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) has officially announced the latest games departing Xbox Game Pass, leaving subscribers with just two weeks to <a href="https://www.benzinga.com/general/gaming">enjoy these titles. </a>
The news arrives as Age of Empires II: Definitive Edition, Spyro Reignited Trilogy, and Goat Simulator Remastered bolster the service's lineup.y loses six diverse titles, including Remnant: From the Ashes, Soccer Story, and the critically acclaimed Rollerdrome.
See Also: <a href="https://www.benzinga.com/general/gaming/24/11/41948549/xbox-handheld-a-few-years-out-says-microsoft-gaming-ceo-hints-at-cross-platform-games-new-acquisitions">Xbox Handheld &#8216;A Few Years Out,&#8217; Says Microsoft Gaming CEO; Hints At Cross-Platform Games, New Acquisitions</a>
<h3 class="wp-block-heading">Games Departing Xbox Game Pass</h3>
Here's the full roster of titles exiting Xbox Game Pass by the end of November, <a href="https://www.eurogamer.net/expansion-packs-new-game-seasons-dlcs-remakes-and-remasters-are-eligible-for-this-years-the-game-awards">according</a> to Eurogamer:
<ul>
<li>While the Iron&#8217;s Hot</li>
<li>Spirit of the North Enhanced Edition</li>
<li>Soccer Story</li>
<li>Rollerdrome</li>
<li>Conan Exiles</li>
<li>Coral Island</li>
<li>Remnant: From the Ashes</li>
</ul>
<h3 class="wp-block-heading">Xbox's Broader Strategy</h3>
Microsoft has reiterated its commitment to &#8220;bringing great games to more people on more devices,&#8221; with plans to extend its popular franchises to competing platforms like PlayStation 5 and Nintendo Switch. 
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/gaming/24/11/41985800/gta-5-joins-novembers-playstation-plus-lineup-with-other-fan-favorites">GTA 5 Joins November&#8217;s PlayStation Plus Lineup With Other Fan-Favorites</a></li>
</ul>
Image credits: Shutterstock

Gaming

General

MSFT

6 Games To Leave Xbox Game Pass By End Of Month, Including Soccer Story And Rollerdrome

DPRO

Draganfly shares are trading higher. The company announced the pricing of a $3.76 million registered direct offering.

UBS analyst Lloyd Byrne maintains Suncor Energy (TSX:<a class="ticker" href="https://www.benzinga.com/stock/SU#TSX">SU</a>) with a Buy and raises the price target from C$61 to C$65.

TSX:SU

UBS Maintains Buy on Suncor Energy, Raises Price Target to C$65

HC Wainwright &amp; Co. analyst Patrick Trucchio maintains ATAI Life Sciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATAI#NASDAQ">ATAI</a>) with a Buy and lowers the price target from $15 to $10.

ATAI

HC Wainwright & Co. Maintains Buy on ATAI Life Sciences, Lowers Price Target to $10

Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on July 9, 2024, informs that it has signed two agreements with Yara and Araucária Nitrogenados S.A. (ANSA), a wholly-owned subsidiary of the company, in a next step towards structuring a potential partnership within fertilizers and industrial products.
The first agreement includes the commercialization by Yara of Automotive Liquid Reducing Agent (ARLA 32) produced at ANSA, which will be made using urea supplied by Yara as a raw material. This agreement will allow the resumption of domestic production of the product, which is currently imported. The industrialization process will be carried out in parallel with the activities to fully resume operations at the Araucária plant.
The second is a technical cooperation agreement for the development of joint studies of fertilizers and industrial products, as well as energy transition efforts linked to decarbonization projects and the production of renewable and low-carbon fertilizers. This scientific, technological and operational cooperation aims to achieve greater production efficiency and increase the supply of these products on the market.

Global

Earlier Reported, Petróleo Brasileiro S.A. Has Signed 2 Agreements With Yara And Araucária Nitrogenados S.A., Towards Structuring A Potential Partnership Within Fertilizers And Industrial Products

President-elect Donald Trump reportedly added more names to his list of possible picks for Treasury secretary over the weekend after Elon Musk voiced his<a href="https://www.benzinga.com/politics/24/11/42026495/musk-pushes-lutnick-for-trumps-treasury-secretary"> preference for Howard Lutnick.</a>
What Happened: Musk threw his support behind Lutnick in a post on his social media platform, X, on Saturday. The Tesla CEO and Trump-confidante also called on others to weigh in on the appointment.&nbsp;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Would be interesting to hear more people weigh in on this for <a href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw">@realDonaldTrump</a> to consider feedback. My view fwiw is that Bessent is a business-as-usual choice, whereas <a href="https://twitter.com/howardlutnick?ref_src=twsrc%5Etfw">@howardlutnick</a> will actually enact change. Business-as-usual is driving America bankrupt, so we need change… <a href="https://t.co/igGLZOJ8wz">https://t.co/igGLZOJ8wz</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1857819784865362211?ref_src=twsrc%5Etfw">November 16, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Lutnick has organized fundraisers for the President-elect and is currently a co-chair of Trump's transition effort. Scott Bessent, the founder of hedge fund Key Square Group, was a principal economic advisor to Trump during his campaign and met with the President-elect at Mar-a-Lago on Friday.&nbsp;&nbsp;
Why It Matters: According to a Bloomberg<a href="https://www.bloomberg.com/news/articles/2024-11-16/musk-throws-support-to-lutnick-over-bessent-in-treasury-race?sref=TBDibEcD"> report</a>, Trump has appeared "frustrated" with the infighting. Alternatives to Lutnick and Bessent are in consideration.
Robert Lighthizer, Senator William Hagerty, former Federal Reserve governor Kevin Warsh and Marc Rowan, CEO of Apollo Global Management, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>) are among the names being floated as alternatives, according to people familiar with the matter.&nbsp;
Trump made several unconventional picks for cabinet nominees so far, including former U.S. Representative Matt Gaetz for US <a href="https://www.benzinga.com/markets/cannabis/24/11/42036132/trump-wants-matt-gaetz-confirmed-100-so-does-the-cannabis-industry">attorney general</a> and Fox News host Pete Hegseth for defense secretary. Trump recently nominated Chris Wright, <a href="https://www.benzinga.com/24/11/42024837/trump-taps-liberty-energy-ceo-chris-wright-for-energy-secretary">oil and natural</a> gas executive, to lead the Energy Department. Wright&#8217;s attorney, William Owen Scharf, is being considered for staff secretary. 
The entire country, including Wall Street, will be watching for Trump's Treasury secretary selection as the position is responsible for formulating financial, economic and tax policies and serves as the government&#8217;s chief financial officer.&nbsp;
Investors can monitor the market's reaction to a potential Trump selection with the SPDR S&amp;P 500 ETF which tracks the performance of the S&amp;P 500 index.&nbsp;
Image: Shutterstock

Politics

ETFs

Trump Appears 'Frustrated' As Elon Musk Chimes In On Treasury Secretary, Adds More Names To List Of Potential Picks

Dave Ramsey is known today as a straight-talking personal finance expert. But before becoming a household name, Ramsey went through a <a href="https://www.benzinga.com/personal-finance/24/08/40512938/dave-ramseys-blunt-advice-your-finances-are-80-behavior-avoid-this-one-costly-mistake">financial crisis</a> that turned his life upside down. It all started when he realized how deep in debt he was – and when American Express <a href="https://x.com/DaveRamsey/status/1854926812306194616">called</a> his wife, questioning her choice to stay with a man who couldn't pay his bills. That moment sparked a transformation that changed Dave&#8217;s life and led him to help millions of others regain control of their finances.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The thing that changed my life was the nobility of my future. I looked out there into the future and I said, &quot;You know what? This is it. Never again will we borrow money. Never again is American Express going to call my house and ask my wife why she would stay with a man that… <a href="https://t.co/Y1Y2g8JhL2">pic.twitter.com/Y1Y2g8JhL2</a>
&mdash; Dave Ramsey (@DaveRamsey) <a href="https://twitter.com/DaveRamsey/status/1854926812306194616?ref_src=twsrc%5Etfw">November 8, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Don't Miss:
<ul>
<li>Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/red-ventures"> The percentage may shock you</a>.</li>
<li>The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"> How do you compare</a>?</li>
<li><a href="https://www.benzinga.com/money/cd-valet-growth">CD Popularity Soars: Over 50 Million Americans Embrace Safe Savings with 5–10% Annual Growth</a></li>
</ul>
In the late 1980s, Ramsey was flying high. By age 28, he had built up a $4 million real estate portfolio and was well on his way to what he thought was lasting wealth. But things came crashing down fast. Changes in banking laws led to his loans being called in and Ramsey suddenly <a href="https://www.benzinga.com/startups/24/10/41496567/i-splatted-it-hurt-says-dave-ramsey-referring-to-the-sudden-call-on-his-1-2-million-loans-that-turne">needed to repay $1.2 million</a>. He was forced into bankruptcy with no way to liquidate his properties quickly enough.
That was a tough pill to swallow. Ramsey recalls, &#8220;I splatted. It hurt.&#8221; The financial crash didn't just wipe out his wealth; it made life at home tense and uncertain. To make things worse, creditors were relentless. Ramsey vividly remembers when an American Express representative called his wife, Sharon, asking why she'd "stay with a man that won't pay his bills." "I was a very mad redneck,&#8221; Ramsey admits and that was the moment he knew things had to change.
Trending: Studies show 50% of consumers think Financial Advisors cost much more than they do —<a href="https://www.benzinga.com/money/money-pickle"> to debunk this, this company provides matching for free and a complimentary first call with the matched advisor.</a>
Ramsey made a decision: No more debt. Ever again. He vowed to be "the last Ramsey in this branch of the family tree in debt." He <a href="https://www.benzinga.com/personal-finance/24/10/41258919/dave-ramsey-tells-mark-cuban-75-of-the-worlds-richest-say-do-this-to-build-wealth-listen-to-them">canceled all his credit cards</a>, swore off borrowing money and resolved to teach his children – and anyone else who would listen – how to build wealth without relying on debt. It wasn&#8217;t just about building wealth but about breaking the cycle and starting a new chapter.
See Also: This Jeff Bezos-backed startup will allow you to<a href="https://www.benzinga.com/money/bezos-landlord-100-dollars"> become a landlord in just 10 minutes, and you only need $100</a>.
Ramsey and Sharon lived on a strict budget, drove an old car and made sacrifices to make ends meet. &#8220;It was so bad that I was highly motivated to get out of that car as fast as I could,&#8221; Ramsey shared. But those sacrifices paid off.&nbsp;
They gradually climbed out of the hole and as they did, people began noticing Ramsey&#8217;s changes. Friends encouraged him to share his story and before long, he spoke to church groups and hosted a small radio show. This began his life's mission: helping others escape the debt trap.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/money/62-years-old-with-1-mil-saved">I&#8217;m 62 Years Old And Have $1.2 Million Saved. Is This Enough to Retire Stress-Free?</a></li>
<li>Can you guess how many retire with a $5,000,000 nest egg? <a href="https://www.benzinga.com/money/5mil-nest-egg-adv">The percentage may shock you</a>.</li>
</ul>

Personal Finance

Dave Ramsey Recalls The Day American Express Called His Wife, Asking Why Stay 'With A Man That Won't Pay His Bills.' Here's What He Did Next

In the current market session, Dow Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOW#NYSE">DOW</a>) price is at $44.20, after a 0.36% spike. However, over the past month, the stock decreased by 15.14%, and in the past year, by 14.59%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2024/1731951908_0.png" alt="Past Year Chart" />

<h3>Dow P/E Compared to Competitors</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Dow has a lower P/E than the aggregate P/E of 35.65 of the Chemicals industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1731951908_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Intraday Update

P/E Ratio Insights for Dow

UBS analyst Josh Silverstein maintains APA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APA#NASDAQ">APA</a>) with a Neutral and lowers the price target from $29 to $28.

UBS Maintains Neutral on APA, Lowers Price Target to $28

HC Wainwright &amp; Co. analyst Edward White reiterates Larimar Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRMR#NASDAQ">LRMR</a>) with a Buy and maintains $15 price target.

Larimar Therapeutics, Inc. - Common Stock

LRMR

HC Wainwright & Co. Reiterates Buy on Larimar Therapeutics, Maintains $15 Price Target

HC Wainwright &amp; Co. analyst Douglas Tsao reiterates Cabaletta Bio (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CABA#NASDAQ">CABA</a>) with a Buy and maintains $25 price target.

CABA

HC Wainwright & Co. Reiterates Buy on Cabaletta Bio, Maintains $25 Price Target

Management

Brazil's Petrobras Says Its Management Proposed To Board A $111B 2025-2029 Strategic Plan; Board To Discuss Strategic Plan Proposed By Management On Nov. 21

UBS analyst Robin Farley maintains Park Hotels &amp; Resorts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PK#NYSE">PK</a>) with a Neutral and raises the price target from $14 to $15.

UBS Maintains Neutral on Park Hotels & Resorts, Raises Price Target to $15

B of A Securities analyst Joshua Shanker maintains Progressive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PGR#NYSE">PGR</a>) with a Buy and raises the price target from $331 to $335.

B of A Securities Maintains Buy on Progressive, Raises Price Target to $335

On Monday, Warner Bros. Discovery Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>) and the National Basketball Association announced they have extended their partnership for another 11 years, strengthening their <a target="_blank" href="https://press.wbd.com/us/media-release/warner-bros-discovery-and-national-basketball-association-reach-agreement-expand-long" rel="noreferrer noopener">long-standing relationship</a>.
The renewed agreement will enhance NBA content distribution and expand the collaboration across Warner Bros. Discovery&#8217;s digital sports platforms, including TNT Sports, Bleacher Report, and House of Highlights. Warner Bros. Discovery stock gained on the news.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/10/41162084/amazon-prime-video-ramps-up-ads-taking-on-netflix-and-disney-in-streaming-battle" rel="noreferrer noopener">Amazon Prime Video Ramps Up Ads, Taking on Netflix and Disney+ in Streaming Battle</a>
The new deal includes a global licensing arrangement that allows TNT Sports and its affiliates to produce and distribute NBA content across multiple platforms.
Warner Bros. Discovery now holds the exclusive rights to televise NBA games in several international markets, including the Nordics, Poland, and regions in Latin America, excluding Brazil and Mexico.
The coverage will feature local commentary and provide broad access for NBA fans in these territories.
Under the reimagined NBA Digital partnership, Warner Bros. Discovery and the NBA will continue co-managing the league&#8217;s digital media assets, building on their collaboration since 2009.
The updated agreement includes a commitment to promote NBA League Pass across Warner Bros. Discovery&#8217;s digital platforms, such as Bleacher Report and House of Highlights.
This strategy aims to boost subscriber growth and enhance the overall digital experience for basketball fans. The renewed agreement also introduces an innovative partnership between Warner Bros. Discovery and ESPN.
TNT Sports will produce and air Inside the NBA, the Emmy-winning studio show, on ESPN and ABC during the regular season and playoffs starting in the 2025-26 season.
Additionally, Warner Bros. Discovery will broadcast exclusive college sports content, including Big 12 football and basketball games and select College Football Playoff games, further diversifying its sports programming lineup.
Both organizations have pledged to support the global growth of Bleacher Report and House of Highlights, which cater to a younger, digitally-savvy audience.
The expanded licensing rights will enable Warner Bros. Discovery to create more NBA-related content, driving fan engagement and broadening the reach of these popular sports brands.
Streaming companies, including Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) and Amazon.Com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) Prime Video, have ramped up spending on <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41235640/netflix-to-become-default-choice-for-tv-movies-analyst-predicts-more-live-sports-pr" rel="noreferrer noopener">live sports content</a>, including the NBA and National Football League.
Warner Bros Discovery stock plunged 18% year-to-date as it battled challenges from its <a target="_blank" href="https://www.benzinga.com/markets/equities/24/08/40245398/warner-bros-bought-discovery-for-43b-in-2022-it-now-realizes-the-merger-was-a-bust-having-overpa" rel="noreferrer noopener">traditional TV networks</a> and a $9 billion write-down due to the failure of the merger of WarnerMedia and Discovery.
The company has been unable to meet the analyst consensus estimates since at least the first quarter of 2022. It has also been unable to reach the consensus estimate for EPS since the second quarter of 2022.
Warner Bros. Discovery reported a <a target="_blank" href="https://www.benzinga.com/news/earnings/24/11/41809105/warner-bros-discovery-q3-earnings-olympics-and-blockbusters-drive-gains-ceo-highlights-subscriber-s" rel="noreferrer noopener">fiscal third-quarter</a> revenue decline of 3% ex-FX to $9.6 billion, missing the&nbsp;consensus estimate of&nbsp;$9.8 billion.&nbsp;EPS of 5 cents beat the&nbsp;analyst consensus loss of 9 cents. Max added 7.2 million new subscribers.
Price Action: WBD stock is up 2.90% at $9.49 at&nbsp;the last check Monday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/24/11/42038673/netflix-scores-big-beyonce-set-to-headline-nfl-christmas-halftime-show" target="_blank" rel="noreferrer noopener">Netflix Scores Big: Beyoncé Set To Headline NFL Christmas Halftime Show</a></li>
</ul>
Photo by Shaheerrr via Shutterstock

Movers

AMZN

NFLX

Warner Bros. Secures 11-Year NBA Deal Extension

Trading Ideas

QMMM

QMMM Holdings Shares Halted On Circuit Breaker To The Downside, Stock Now Down -76%

As blockchain technology continues to make strides in the financial industry, bridging the gap between decentralized digital assets and established financial systems has become a growing priority. 
Adam Guren, founder and CIO of Hunting Hill Global Capital, views this shift as a promising but gradual process, with digital assets increasingly being treated as "a reliable part of the financial landscape." 
Guren will explore this topic further at the upcoming <a href="https://benzinga.swoogo.com/digital-assets/6342807">Benzinga Future of Digital Assets event</a>.
<h1 class="wp-block-heading">Moving from Concept to Practical Use</h1>
Guren notd the involvement of firms like Citi and JPMorgan reflects how blockchain technology is moving from "concept to practice" in finance. By exploring blockchain's capabilities, traditional financial institutions are acknowledging its potential to improve transaction speed and transparency. However, Guren pointed out that blending blockchain with established financial systems brings complex challenges.
<figure class="wp-block-image size-full"><a href="https://benzinga.swoogo.com/digital-assets/6342807"><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14002620/905735A6-57D3-4874-9AA1-75D037842DB3-1-17.gif" alt="" class="wp-image-646949" /></a></figure>
"For firms like ours, operating across both traditional finance and digital assets, one key challenge is creating that seamless bridge," Guren explained. Integrating blockchain into established systems requires careful consideration of regulatory requirements, operational differences, and distinct philosophies between traditional and digital finance.
<h1 class="wp-block-heading">Balancing Security and Trust</h1>
According to Guren, the integration of blockchain into finance calls for infrastructure that balances operational strength with high levels of security. "It's about finding ways to integrate responsibly, fostering trust," he said, stressing the importance of ensuring that digital asset frameworks work well within the existing financial landscape.
As digital assets continue to enter mainstream finance, Guren's perspective highlights the steps needed for a smooth integration. At the <a href="https://benzinga.swoogo.com/digital-assets/6342807">Benzinga Future of Digital Assets </a>event, he will address these complexities, focusing on how digital and traditional finance can align for a more efficient and secure future.
<hr class="wp-block-separator has-alpha-channel-opacity" />
As the digital asset market continues to mature, the convergence of regulatory shifts, M&amp;A activities, and adoption trends will define the future of this dynamic field. <a href="https://www.benzinga.com/digital-assets" target="_blank" rel="noreferrer noopener">Benzinga's Future of Digital Assets</a> event in New York City on Nov. 19 will provide industry leaders and investors with a platform to explore these developments further, offering insights into the evolving regulatory environment and the latest market dynamics.
Photo: Shutterstock

Fintech news covering the emerging Financial Technology services sector

Fintech

Events

Exclusives

Interview

As Blockchain Enters Finance, Can It Build A 'Seamless Bridge' To Traditional Systems?

Newmont Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>) shares are trading higher on Monday. The company disclosed a deal to sell its Musselwhite operation in Ontario, Canada, to Orla Mining Ltd. (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/ORLA#AMEX">ORLA</a>) for up to<a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/b42032739/newmont-announces-sale-of-musselwhite-for-up-to-850-million" rel="noreferrer noopener"> $850 million in total consideration</a>.
As per the deal, Newmont will receive $810 million in cash at closing and up to $40 million in contingent payments.
The deal will push Newmont&#8217;s total proceeds from non-core asset sales past $2 billion and expected to close in the first quarter of 2025.
Notably, in February 2024, Newmont announced plans to divest six operations and two projects across its Australian, Ghanaian, and North American units.
With agreements finalized for assets in Australia, Ghana, and Musselwhite, the company aims to complete sales of its remaining North American non-core assets by the first quarter of 2025.
Also, Orla Mining expects the deal to be materially accretive on all key operating and financial per-share metrics, <a target="_blank" href="https://www.benzinga.com//node/42031628" rel="noreferrer noopener">benefiting all existing shareholders.</a>
Newmont expects total gross proceeds from 2024 transactions to reach up to $2.9 billion, including $2.3 billion from non-core divestitures and $527 million from other investment sales.
Newmont is advancing shareholder returns with a $3 billion buyback program, repurchasing 7.2 million shares for $336 million since October 2024. It also reduced debt by $500 million in 2024, nearing its $8 billion targeted debt balance.
Investors can gain exposure to the stock via&nbsp;iShares MSCI Global Gold Miners ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RING#NASDAQ">RING</a>) and VanEck Gold Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDX#NYSE">GDX</a>).
Price Action: NEM shares are up 2.58% at $41.99, and ORLA is up 8.25% at $4.265 at the last check Monday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/11/41795668/peter-schiff-says-cutting-taxes-is-easy-but-reducing-spending-not-so-simple-warns-of-inflation-s" target="_blank" rel="noreferrer noopener">Peter Schiff Says &#8216;Cutting Taxes Is Easy&#8217; But Reducing Spending Not So Simple, Warns Of Inflation Spike Under Trump</a></li>
</ul>

Equities

Large Cap

Guidance

Asset Sales

Market Vectors ETF Trust Market Vectors Gold Miners

ORLA

RING

Newmont Strikes Deal To Sell Musselwhite Gold Mine, Bolstering $2 Billion Asset Sales Streak

Bitcoin's Rally: The Tulips Have Done It Again

SA Sentiment: More subscribers open to investing in crypto

BITO: The Election Has Improved Bitcoin Miners' Fundamentals

U.S.-listed Bitcoin ETFs saw a significant shift on Thursday as investors pulled out $400.7 million—the third-largest outflow since their launch, a...

Bitcoin ETFs Face Massive Outflows Amid Market Correction

SA Charts: New Bitcoin peak shows how crypto market has changed since 2021

Beyond Bitcoin's Past Patterns: The Stars Are Aligning For Increased Adoption

Trump's Pre-Election Crypto Promises Could Spur Bitcoin To A Multi-Trillion Asset

Are Loose Financial Conditions Forcing Fed Caution On Rate Cuts?

The rally in spot Bitcoin ETFs is being fueled by a mix of factors, including the political landscape, with Trump's win sparking broader market opt...

Spot Bitcoin & Ethereum ETFs See Record Inflows as Market Hits New Highs

Weekly ETF Flows: SPY records inflows, bitcoin funds see large influx of capital

ACTV

AFMC

AFSM

ARKB

ARKK

AVUV

BAPR

BITB

BITI

BITO

BITQ

BITW

BRRR

BSQKZ

BTCO

BTCW

CLSK

COIN

CRPT

ETHA

EZBC

FDIG

FETH

GBTC

HIVE

HODL

HOOD

IVOO

IVOV

MAGS

MARA

MSTR

RIOT

SATO

SMLR

SPLV

SPMD

SPMO

SPMV

SPSM

SPUS

SPUU

SPVM

SPVU

SPXE

SPXL

SPXN

SPXS

SPXT

SPXU

SPXV

SPYD

SPYG

SPYV

SPYX

SQEW

SQLV

SSPY

STCE

SVAL

SYLD

TMDV

TPHD

TPLC

TPSC

UAUG

UJAN

UMAR

UMAY

UOCT

UPRO

USMC

USMF

USVM

XLRE

Screenshot 2024-07-24 at 5.20.29 PM

Lockheed Martin Looks To The Quantum Resistant Ledger For Secure Blockchain Communication

BlackRock's Bitcoin ETF Attracts $1 Billion In First Week of Trading

Crypto Stocks Rise Alongside Bitcoin

Bitcoin's Price Forecast To Reach $150,000 After Hitting All-Time High

BlackRock Holds Nearly 200,000 Bitcoin In ETF

Spot Bitcoin ETFs See First Outflows Of Capital

Bitcoin Drops 10 percent Post-Halving — Is It Still a Smart Buy in May 2024

BlackRock's Spot Bitcoin ETF Sees Biggest Inflow Since April

BlackRock Officially Becomes The Largest Spot Bitcoin ETF Custodian

BlackRock's Assets Surpass Record $10 Trillion Due To Bitcoin ETF

TSX:FBTC

iShares Bitcoin Trust Beneficial Interest

Comments

iShares Bitcoin Trust

Noticias

Últimas noticias sobre iShares Bitcoin Trust (NASDAQ:IBIT)

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL