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RIGZ News and Press, Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF From 08/23/22

Stock Information

Company Name: Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF
Stock Symbol: RIGZ
Market: NYSE

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RIGZ - D.C. Turf War Opens Crypto Regulatory Arbitrage

The Fed staked out its turf this week, telling lenders to notify it if they offer services for bitcoin and its ilk. Other agencies are also wrestling to oversee the $1 trillion market. The scrap provides an opportunity for some industry participants to capitalize on the regulatory...

RIGZ - Why Coinbase's Balance Sheet Has Massively Inflated

Coinbase recently filed its interim financial report with quarterly net loss of over $1bn, net cash drain of £4.6bn in 6 months, fair value losses of over 600k. Coinbase has taken all customer assets on to its own balance sheet. Coinbase would have to take that fair value los...

RIGZ - Falling Demand And Semiconductor Shortages Hit Struggling Tech And Autos Firms

The supply-related constraints which have troubled global electronics producers since early last year were compounded as demand conditions in key industries deteriorated in July. Although we've seen evidence that the supply crunch for electronic and electrical items has receded from i...

RIGZ - As Chipmakers Struggle With Demand, Is The Sector Ready For A Reset?

Why chipmakers are warning about falling demand. Some the auto industry's chip troubles have been self-inflicted. Why semiconductor innovation in the physical space may be reaching its limits. The global chip shortage may finally be showing signs of easing, but t...

RIGZ - Bolstering Building Blocks And Silicon Shields

Despite the United States’ passage of the Chips and Science Act to bolster competitiveness, US chipmakers still face a long road ahead in their aim to overtake rivals in Asia. Shipping activity passing through the waters near Taiwan’s southern port of Kaohsiung - a criti...

RIGZ - Thematic Times: Semiconductors Powering Thematic Indexes

Certain thematic indexes have direct exposure to semiconductor stocks. This week, the President signed the CHIPS and Science Act which would provide $50 billion in subsidies to chip manufacturers to expand their operations within the U.S. and $2.7 billion for other activities like res...

RIGZ - Ethereum Network Grows Despite The Hash Rate Drop

The total amount of ETH deposited into the staking contract has increased gradually. The total number of unique addresses with a non-zero balance has steadily risen since Ethereum’s inception. The number of Ethereum unique active addresses has surged recently. There has...

RIGZ - Where To Invest Now

The Bitcoin variety, I don't think it will live. I think, we have two significant government agencies which will make sure it's going to die. At the beginning of this year, a lot of people spoke about the Fed put as something that was going to support markets, equity markets, obviousl...

RIGZ - APAC Electronics Industry Expansion Moderates Amidst Pricing Pressures

The latest S&P Global Electronics PMI survey shows that expansion in the electronics sector is continuing, albeit growth momentum has gradually moderated during the first half of 2022, with new orders having slowed. The global electronics industry continues to struggle with protra...

RIGZ - Crypto Tokens: Does Security Selection Matter?

One of the more profitable approaches to cryptocurrencies is to invest in the private seed round of a start-up seeking token financing. The crypto market hit a rough patch over the last few months. Since the average investor cannot participate in every token sale, however, the mea...

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