Author: Jordan

Bitcoin has done something it had not managed in three months: closed above $80,000 on heavy volume. Monday’s break ended a long sideways grind, triggered nearly half a billion dollars in short liquidations, and reset every major bitcoin price prediction model traders have been running since the February low. With long-term holders accumulating, ETF flows turning sharply positive and the options market flipping decisively bullish in a single weekend, the question is no longer whether the bull market rally has resumed — it is how far it can run before the next meaningful resistance. Bitcoin’s three-month grind below $80,000 ended…

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Tierra Adentro Growth Capital, operating as TAG Capital, has launched its New Mexico strategy through the Tierra Adentro Fund, a $100 million infrastructure investment vehicle dedicated to financing physical assets for next-generation technology companies building in the state. The fund’s launch follows years of conversations with the New Mexico State Investment Council, the state’s approximately $71 billion sovereign wealth fund, and is designed to bridge the gap between the SIC’s investments in venture firms focused on advanced energy, deep tech, and aerospace and defense, and the capital necessary for those companies to build physical infrastructure in New Mexico. The fund…

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Toronto, ON, May 05, 2026 (GLOBE NEWSWIRE) — Applied Systems® today announced the first quarter of 2026 results of the Applied Rating Index™, the Canadian insurance industry’s premium rate index. In Q1 2026, average premiums for both Personal Auto lines and Personal Property lines increased year over year. Quarter over quarter, premium rate change decreased for Personal Auto in all provinces except Alberta, while premium rate change for Personal Property increased compared to Q4 2025 in all provinces except British Columbia and Quebec. For Personal Auto, all provinces experienced an increase year over year, with Alberta seeing the highest at…

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IMC-Chicago, LLC has opened a new $165.3M position in $CEF, per a new SEC 13F filing. This disclosure reflects the funds’ holdings for the 03-31-2026 report period. You can see the fund’s full portfolio on Quiver Quantitative, and also track the largest institutional owners of $CEF.$CEF Hedge Fund ActivityWe have seen 142 institutional investors add shares of $CEF stock to their portfolio, and 192 decrease their positions in their most recent quarter.Here are some of the largest recent moves:IMC-CHICAGO, LLC added 3,464,915 shares (+inf%) to their portfolio in Q1 2026, for an estimated $165,345,743CENTRAL TRUST CO removed 2,527,077 shares (-34.2%)…

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CSB Bank is significantly reducing its gold loan portfolio, a segment that previously accounted for over half its business. This strategic shift is driven by increased geopolitical instability, particularly in West Asia, and the resulting volatile gold prices. These market dynamics impact loan-to-value (LTV) strategies, prompting a more conservative approach. Additionally, regulatory changes requiring the run-down of re-pledged gold loans have naturally slowed growth in this segment. Following a Rs 1,700 crore reduction, the bank’s gold-collateralized book is now below 50% of its total lending. CSB Bank plans to maintain an LTV between 60-65% to manage potential price drops.Concurrently, CSB…

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Lendco has strengthened its sales division with a series of hires in the first four months of 2026, as the specialist lender looks to accelerate its growth strategy and enhance support for brokers across the UK. The business has added four team members to its national sales function, each bringing experience in intermediary relationships and the wider lending sector. Richard Goodman has joined as key account manager. A qualified adviser, he brings experience from roles at HSBC, Lloyds Banking Group, RBS and Coventry Building Society, most recently working at Nottingham Building Society. Tom Gill has been appointed as broker sales…

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Volvo on Ripple Treasury Signals a Bigger Shift Toward Real-Time Corporate Finance Volvo’s appearance on Ripple Treasury’s website has turned heads across finance and crypto. As noted by RippleXity, it points to a more intentional shift. Beneath the surface, this signals a broader evolution in corporate finance about the direction global treasury systems are taking. At the core of this shift is Ripple’s evolving strategy. In partnership with GTreasury, it has developed Ripple Treasury, a unified, real-time platform that consolidates cash, payments, and liquidity management. Rather than navigating fragmented banking relationships, siloed systems, and slow reporting cycles, treasury teams can operate from a single…

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The Tipton & Coseley Building Society has launched an online application portal to manage each stage of the mortgage journey. The lender has adopted the Mast origin platform with the aim of improving its service for brokers and speeding up underwriting and streamlining applications. The platform has been built for The Tipton and incorporates all its residential and buy-to-let (BTL) products. Through the system, brokers can interact directly with a dedicated underwriter and get immediate responses on cases. Third-party systems are integrated to manage identity and credit checks, process valuation fees and instruct surveys. The platform soft launched earlier…

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