Gsbt

Investors are betting the Securities and Exchange Commission (SEC) will approve at least one of the three proposed bitcoin-focused exchange-traded funds, despite doubts expressed by Wall Street analysts, according to  MarketWatch . Futures contracts traded on BitMEX , an exchange incorporated in the Republic of Seychelles, and the falling premium of the Grayscale bitcoin trust shares traded on the secondary market, indicate participants are expecting approval, said Spencer Bogart, an analyst at Needham & Co., one of the few Wall Street analysts who cover bitcoin. Trust Premium NAV Drops The trust’s premium over bitcoin’s net asset value (NAV) has dropped from around 42.21 percent in early January to about 13% in recent trade, according to Grayscale. The falling premium reflects less willingness to pay for shares since investors expect near-term approval of one of the ETFs, Bogart said. Shares of a bitcoin ETF would trade closer to bitcoin’s net asset value, acc...

US President Donald Trump is expected to retreat from his campaign promise to rip up a nuclear deal signed by Iran and the P5+1 group of countries, including the US, the UK, France, Russia, and China plus Germany in 2015, says an analyst. “Despite President Trump’s campaign promises in which he called the Iran nuclear deal as the ‘worse deal’, we don’t think the White House will be killing the nuclear deal,” Roozbeh Aliabadi, managing partner of the Global Growth Advisors from New York, told Press TV on Tuesday. European states, Russia and China are behind the nuclear accord called the Joint Comprehensive Plan of Action (JCPOA), the analyst said adding, “it is highly unlikely that we will see killing of the deal.” “It is reasonable for all of us to assume that the nuclear deal will stay in place,” the analyst noted. He said the fact that Trump in his first three weeks in office has not yet discussed the JCPOA with the ...

PressTv  Turkey is getting more deeply involved in the Syria war. President Recep Tayyip Erdogan, who is on a tour of Persian Gulf states, said in Bahrain on Monday that the ultimate goal of Turkey’s incursion into Syria is to create a safe zone and cleanse the border region from terrorist groups. The Syrian government, though, has on several occasions opposed Turkey’s intervention, which it views as a violation of its sovereignty. Press TV has conducted an interview with Richard Becker, with ANSWER Coalition, and Michael Lane, the founder of American Institute for Foreign Policy, to discuss the reasons why Ankara insists on creating a military safe zone inside Syria. Michael Lane expressed support for the idea of establishing safe zones in countries that are grappling with “civil war,” saying the only setback would be the need for a massive military support for the civilian population that would be left indefensible as a result. “Very curious move that President Erdogan wo...

An American activist has slammed the US government for supplying militant groups in Syria with weapons, describing the United States as the source of violence around the globe. “The greatest purveyor of violence in the world is the United States government,” said Dakotah Lilly, from the Organization of Students and Youth for a New America (SYNA). “The United States has absolutely no problem with arming Wahhabi terrorists in Syria” and it has good relations with extremist groups in the Middle East and North Africa, Lilly told Press TV’s Top 5 on Wednesday. He also rejected US President Donald Trump's claims that the controversial travel ban on 7 Muslim majority countries was aimed at securing America. Back in January, the new US president signed an executive order to impose a 90-day entry ban on citizens from Iran, Iraq, Syria, Yemen, Sudan, Libya and Somalia. The US administration is using hate crimes as a pretext to blame Muslims for the domestic viol...

Retailers that sell online and in-store need to balance where to send users in their paid search efforts. Columnist Andy Taylor explores when advertisers might want to rely on local inventory versus regular product listing ads. Andy Taylor  on February 3, 2017 at 10:30 am In response to the growing popularity of searches with local intent, Google released  Local Inventory Ads  (LIA) a few years ago as a variation of  Product Listing Ads  (PLA) that include information on when a product is available at a nearby store location. Taking into account the local intent of each search query in determining when LIAs should be featured, Google can serve these units in a similar format to traditional PLAs, as well as in other LIA-specific formats, such as beneath a Google Maps display. These units are steadily becoming an important part of paid search campaigns for brands with brick-and-mortar locations, and LIA traffic increased 60 percent Y/Y in Q3 2016 for the med...

Saudi Arabia has pounded the port of Hudaydah in Yemen to stop the shipping of humanitarian aids into the war-ravaged country. Saudi forces have also prevented ships from entering the Yemeni port for over 20 days. The United Nations has voiced concern about the severe consequences of a long-term Saudi-imposed blockade on Yemen, which is facing a humanitarian crisis. Senior editor of Veterans Today from Ohio, Gordon Duff, believes that Russia is the power that can stand against the US-Saudi agenda in Yemen and stop the crippling war against the impoverished Arab state. “This is the war that is never going to end” unless the United Nations Security Council and one of its five permanent members, especially Russia, steps in to open the ports in Yemen, control humanitarian aid and bring about a reasonable ceasefire, Duff told Press TV. “There is a huge amount of silent complicity in the war on Yemen, which has been fought as a war against the people,” but Moscow has the capability to interv...

Secretary of Iran’s Supreme National Security Council (SNSC) Ali Shamkhani says   the Syria conflict cannot be resolved through political approaches as long as terrorist groups, including Daesh and Jabhat Fateh al-Sham, an affiliate of al-Qaeda formerly known as al-Nusra Front, are operating in the Arab state and supported by certain regional countries. He said some regional countries have expressed concern over the political initiatives of Iran, Russia and Turkey in Syria and do not have any sympathy for people in war-ravaged countries, but are worried that the terrorist groups they have been supporting are losing ground and on the decline. An author and journalist believes as long as the United States supports the terrorists groups in Syria, there is no possibility of a political solution to the conflict in the war-torn country. “I have said many times and I have wrote in many articles that as long as Obama remained in power, there was no possibility...