Australian business profits fall on mining slump
The Australian Bureau of Statistics reported that overall Australian business operating profits fell 1.9% in the 2024–25 financial year.
The Australian Bureau of Statistics reported that overall Australian business operating profits fell 1.9% in the 2024–25 financial year.
Ledn announced plans to add Tether Gold (CRYPTO:XAUT) as eligible collateral for loans later this year, allowing clients to borrow against tokenised gold holdings without selling the asset.
XRP (CRYPTO:XRP) fell nearly 5% to an intraday low of US$1.16 after a broader cryptocurrency selloff followed the Federal Reserve's decision to maintain interest rates at 3.50%-3.75%.
Acrow (ASX:ACF) raised $70 million through a fully underwritten institutional placement to fund two strategic acquisitions.
Lite Strategy invested US$1 million in ZK Innovations, the developer of Litecoin (CRYPTO:LTC) Layer-2 platform LitVM.
EQ Resources (ASX:EQR) has commenced its Phase 1 drilling programme at the Barruecopardo Mine in Spain.
Senator Bill Hagerty said he remains hopeful that lawmakers can advance the Digital Asset Market Clarity Act before Congress breaks for the July 4 recess.
Public Bitcoin (CRYPTO:BTC) mining companies are estimated to require roughly US$50 billion in funding to support planned artificial intelligence infrastructure projects.
Lendlease (ASX:LLC) criticised KPMG at a parliamentary hearing on June 19 over allegations that confidential client documents were stolen.
Wealthsimple will launch a standalone prediction markets application this summer, giving Canadian investors access to approximately 4,000 event-based contracts through a partnership with Kalshi.
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