The newly launched Rex-Osprey XRP exchange-traded fund has posted the strongest debut of any US ETF introduced in 2025. On Sept. 18, Bloomberg Intelligence analyst Eric Balchunas noted that the product, trading under the ticker XRPR, recorded $37.7 million in natural volume, making it the most actively traded ETF on launch day this year. XRP […]
Read More
President Donald Trump is open to talks with North Korean leader Kim Jong Un ‘without any preconditions,’ a White House official said, as South Korea’s unification minister warned Pyongyang’s missiles could reach the U.S. mainland. ‘President Trump in his first term held three historic summits with North Korean Leader Kim Jong Un that stabilized the […]
Read More
Bipartisan talks on reopening the government began to materialize less than a day into the shutdown, with Republicans and Democrats trying to find a middle ground on expiring Obamacare tax credits. The federal government entered its first full day of a shutdown on Wednesday, and so far neither side of the aisle is willing to […]
Read More
Recent Russian incursions into NATO airspace have sharpened divisions inside the alliance over how to respond, exposing both the strength and the limits of collective defense. Secretary General Mark Rutte clashed with Estonian Prime Minister Kristen Michal last week after Estonia invoked NATO’s Article 4 clause, which triggers consultations when a member feels its security […]
Read More
Senate Democrats appear ready for the long haul as the government shutdown continues and are putting the onus of reopening the government on Republicans. The Senate was out Thursday to observe the Jewish holiday Yom Kippur and is expected to return to action Friday to again vote on the dueling proposals to reopen the government. […]
Read More
Rejecting reports of a split with the brass, the Department of War says the National Defense Strategy was ‘seamlessly coordinated’ with senior civilian and uniform leaders — and that ‘any narrative to the contrary is false.’ On Monday, The Washington Post reported that multiple senior officers had raised concerns about the forthcoming strategy, pointing to […]
Read More
The U.S. shipbuilding industry is looking for help. A South Korean company is answering the call. Hanwha Philly Shipyard CEO David Kim, nodding to the gargantuan vessels under construction just off the Delaware River, on Wednesday offered the kind of vision that has brought some optimism back to the U.S. shipbuilding community. “You take that […]
Read More
Bitcoin climbed above $117,000 during the early trading hours today, its strongest level since early August, as traders positioned around the Federal Reserve’s interest rate decision. The outcome of the Federal Open Market Committee (FOMC) meeting, due later today, will define the risk landscape for the rest of the year. Market expectations of an easier […]
Read More
Former Vice President Kamala Harris said her onetime boss, former President Joe Biden, made a ‘big mistake’ by not inviting Tesla CEO Elon Musk to a 2021 White House event on electric vehicles. In August 2021, Biden hosted an EV event at the White House with executives from General Motors, Ford and Stellantis, but Musk […]
Read More
Bitcoin keeps trading in a relatively tight range in what looks more like a standoff than a directional move. Despite drops below “psychologically important” levels, BTC price has objectively been relatively flat over the past month, but leverage stayed parked, and the cost of carrying it has only gone up. This left the market in […]
Read More