56m ago
BRICS plans new precious metals exchange as gold swings between $4,600 and $5,600 in 2026
On February 14, 2026, Russian Deputy Foreign Minister Sergey Ryabkov said BRICS members are working on a dedicated exchange for precious metals alongside a grain market initiative. The plan emerges after gold prices surged above $5,600 in January, dropped toward $4,600 in early February, then moved back over $5,000 amid heightened volatility. BRICS officials also highlight broader efforts to reduce exposure to U.S. pressure through alternative platforms, digital systems, and greater use of national currencies.
56m ago
1h ago
Rivian stock jumps 27% to $17.73 after 2025 profit, R2 launch and AI upgrades detailed
Rivian shares climbed 27% on Friday to close at $17.73 after the company reported a 2025 gross profit of $144 million, reversing a prior $1.2 billion loss. The automaker produced 42,284 vehicles, delivered 42,247, and posted full-year revenue of $5,387 million, while software and services sales surged 222% to $1,557 million. Rivian also outlined plans for its lower-priced R2 model, ongoing layoffs, and new autonomy and AI features including its RAP1 chip and Universal Hands-Free system.
1h ago
1h ago
Michael Saylor urges Go Bitcoin on Feb 13, 2026; Strategy holds 714,644 BTC
On February 13, 2026, Michael Saylor urged Go bitcoin and said the money won't fix itself. Reports indicate Strategy holds 714,644 BTC at an average cost of $76,056, and recent filings show 1,142 BTC were bought this month around $78,815 each, roughly $90 million. At about $68,000 per BTC, the position reflects an estimated unrealized loss near $6 billion and a reported book value above $54 billion.
Selected
BTC
BTC+4.98%
1h ago
1h ago
Patrick Witt Mediates US Stablecoin Yield Clash as CLARITY Act Faces February 2026 Deadline
On 14 February 2026, Patrick Witt, Executive Director of the President's Council of Advisors for Digital Assets, emerged as a key mediator in the dispute between major banks and crypto firms over stablecoin yields that is stalling the CLARITY Act of 2025. He argues that yield-bearing stablecoins are not a systemic threat, backs a narrow fix focused on "idle yield," and is pushing both sides to reach a compromise by the end of February 2026 as the midterm election window tightens.
Selected
1h ago