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ProShares To Launch $XRP ETFs This Week – They're Not Spot, But Token Price Pumps
ProShares To Launch $XRP ETFs This Week – They're Not Spot, But Token Price Pumps

Int'l Business Times

time28-04-2025

  • Business
  • Int'l Business Times

ProShares To Launch $XRP ETFs This Week – They're Not Spot, But Token Price Pumps

Gold round physical XRP coin on a person's hand Kanchanara/Unsplash The SEC tacitly approved the funds over the weekend, triggering talks within the $XRP community Spot ETFs hold real $XRP, while futures only bet on the token's price action $XRP is up 4.7% in the day, seemingly reacting positively to the news The U.S. Securities and Exchange Commission (SEC) has approved the public launch date of ProShares' new XRP futures exchange-traded funds (ETFs) this week, joining Teucrium after the Vermont-based asset manager launched the first XRP ETF in the U.S. market earlier this month. The tacit approval was made over the weekend, allowing ProShares, an ETF issuer, to launch its ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF on April 30, Wednesday. This comes after Teucrium's CEO explained why the company opted to launch an XRP ETF, saying the XRP Ledger's native token has the highest "utility" potential in the future. Journalist Calls Out 'Rude' Members of $XRP Army While the XRP Army celebrates the big news, there appears to be confusion among some crypto holders regarding the approved funds. A crypto journalist said she was being questioned on her direct messages over the ProShares ETFs. She clarified that the approval was for futures ETFs, not spot ETFs amid continuing questions from some XRP users. "And for all the people saying 'oh but it didn't say spot' – I had about 20 DMs asking me if this was about the spot ETF approval. Getting really sick of all the rude keyboard warriors in this community," she said. John Squire, a well-followed crypto influencer who also promotes the XRP token, also reiterated that ProShares' new trust funds are futures, not spots. He also explained the difference between the two products. 🔥 The SEC just approved an $XRP ETF 🔥But it's not what many people not a Spot a Futures difference?A Spot ETF buys and holds real XRP, creating real demand. A Futures ETF only bets on XRP's price without touching a single real token. What… — John Squire (@TheCryptoSquire) April 27, 2025 "A spot ETF buys and holds real XRP, creating real demand. A futures ETF only bets on XRP's price without touching a single real token," he wrote. He went on to note that while it is a major milestone for the XRP coin and the community as it "increases XRP's legitimacy," it is also not a trigger for broader adoption, nor will it actually have a huge impact on the cryptocurrency's price. $XRP Pumps on News While Squire was careful to note that spot approvals will have a much bigger impact on the XRP coin, which once toppled Ethereum as the world's second-largest crypto asset by market cap, the news did have an effect on the token's price. CoinGecko data showed that the digital coin is up 4.7% in the day, despite a broader downturn in the crypto market over the weekend. $XRP price early April 28, 2025 CoinGecko It is unclear if the ProShares XRP ETF approval is the main reason for the price spike, especially with hopes rising for positive news around Trump's trade war soon. Still, XRP is on a roll compared to other products around crypto ETFs. It also has the most number of applicants for ETF products. © Copyright IBTimes 2024. All rights reserved.

Anglesey beef farmer uses Squire seed to lower CO2
Anglesey beef farmer uses Squire seed to lower CO2

North Wales Chronicle

time24-04-2025

  • Business
  • North Wales Chronicle

Anglesey beef farmer uses Squire seed to lower CO2

Dylan Jones at Castellior, Anglesey, has been growing Wynnstay's Squire grass for the past 15 years. Farming in partnership with his father Wyn, he finishes around 1,600 dairy cross cattle a year on the 820-acre farm, taking between four and five cuts of high-yielding, high-protein silage a year, producing 2,500 tonnes to feed the livestock. Using the mixture as part of a two-to-three-year grass rotation has helped the pair move towards a low-carbon system. Despite farming intensively, they have managed to reduce their carbon footprint to just 3.9kg of CO2 per kilogram (kg) of beef liveweight (LW) compared to the national average in Wales of 11-16 CO2/kg LW. Prior to changing the system at Castellior, they used a seven-year rotation and had been growing a two-to-three-year ley in small quantities. In 2016, the Joneses started the transition to a two-to-three-year rotation. Due to the volume of manure used with the barley crops, the following grass seed performed exceptionally well with very little chemical nitrogen (N). Growing nitrogen-fixing peas or red clover as a previous crop also plays a big role in establishing the following grass ley, as it generates enough growth that no chemical fertiliser is used for the first silage cut. Dylan said: "We find that Squire really does the job. "It has been part of our system for many years and has contributed to our success. "We wanted to bring the carbon footprint down; we have achieved this and using the seed has been a key part of that." "Squire, being a two-to-three-year ley, will perform with very little chemical N; it has red clover in the mix which is great at fixing N in the soil. "I'm passionate about hitting my environmental goals and every step I've taken towards net zero has been a profitable one for the business." The Joneses buy beef stores in at 18 to 24 months, with an average of 99 days to slaughter, meaning quality feed is important. They have also earned some accolades along the way, being crowned winners of the British Grassland Society's Grassland Farmer of the Year 2024 and Farmers Weekly's Beef Farmer of the Year 2024. The family also grow 350 acres of barley and peas for feed, along with some red clover, and are entirely self-sufficient in the finishing enterprise. Dylan said: "We keep everything self-contained, using homegrown feed and doing all of the machine work ourselves. "We want to keep the business as self-sufficient as we can and strive to have as few carbon emissions as possible."

Cannabis & Hemp Party Favors For Your 4/20 Celebrations
Cannabis & Hemp Party Favors For Your 4/20 Celebrations

Forbes

time18-04-2025

  • Entertainment
  • Forbes

Cannabis & Hemp Party Favors For Your 4/20 Celebrations

Nowadays Spirits Nowadays Hosting or attending a cannabis celebration this 4/20? Whether you are throwing a 4/20 bash, going to an event, or attending a small sesh, having a stash of cannabis or hemp treats is key. From tantalizing THC spirits, to hash infused pre-rolls, to delicious vapes and edibles, having the right party favors available for yourself and others will elevate your 4/20 experience to new heights. Here are a few great options for your high holidays. Rove Ice Packs Rove There is no 4/20 party favor as classic as the preroll. These ready made joints are great for smoke seshes and parties because you can skip the messy prep work and get down to the fun parts. Brands like Indacloud, NAR New York. and the Artists Tree offer prerolls in an array of popular strains. Stock up before 4/20 and be ready for any smoke circle. If you want to take things up a notch, try an infused preroll, like Rove's Triple Infused Ice Packs. These heavy hitting prerolls are packed with three different types of concentrate (ice rosin, diamonds and hash) and might just get your whole party high. Or you might try Galaxy Treats' Orbital Prerolls which are coated in THCA diamonds and infused with live resin. Houseplant Drinks Pineapple Houseplant No 4/20 party would be complete without cannabis and hemp drinks, and there are so many options these days. Start things off light with an infused seltzer water like those from Hi or Houseplant. These refreshing options will keep you hydrated and stave off the dry mouth you might get from a day of smoking. For something a little sweet and sour, try some infused lemonade like those from Wynx, Wana or Del Ray. If you prefer premade cocktail style drinks, options like Squire's Specialty Elixirs, Better Than Booze, Plift, and Senorita offer new takes on classic cocktails - this time with a THC twist. Or take your cocktails up a notch by mixing your own. THC-infused spirits offer an alternative to alcoholic spirits like rum, vodka or whiskey. Make sure to pick a spirit that meshes with the flavors of the cocktail you want to create. Flora, for example, might make a good substitute for gin with floral bitter notes. Nowadays Spirits has a limited edition cherry flavor, if you want to mix up something sweet and fruity. And Reframe offers a tropical flavor that would be a perfect alternative for rum. If you aren't feeling creative, you can also enjoy any of these spirits on their own, or as shots. Squire's Specialty Elixirs also have concentrated drink mixers with unique flavors like pink pineapple, white peach apricot and strawberry hibiscus lemonade. You can even find recipe's on their site for delicious canna-cocktail ideas using their mixers. Jaunty Vape Jaunty When it comes to convenience, it's hard to beat a vape pen. These little devices are prefilled with THC concentrate and are easy to bring with you to wherever your party takes you. Brands like 22Red and Sauce offer single use disposable vapes in a variety of strains and flavors. Or for a slightly heavier hitting option, try a brand like Rove, Pax or Jaunty. Rove and Pax's pods and Jaunty's carts work with reusable bases, and their hits pack a serious punch. For more experienced dabbers with an e-rig or rig, make sure to stock up on some concentrates that aren't in tanks or pods. A rig and a flavorful extract like Jaunty's cold cure live rosin, could easily become the central hub of any 4/20 gathering. Beboe Gummies Beboe Edibles are a must have for any 4/20 party, and we have so many more options now than laboring over homemade pot butter for brownies. But you feel like making brownies, Benevolent Bakery has a DIY box mix that includes THC in the dry mix. That means you can make precisely dosed pot brownies without all the hassle. For more chocolate options, Kind Oasis and Plain Jane both have excellent infused chocolate bars. If gummies are more your style, try one of the vibrant fruit flavors from Cannariver, Simple Leaf or Wana. Hometown Hero's Double Take gummies include both fast acting and long last edible types, so they are a great option for stay lifted even longer. For the true cannabis connoisseurs, Flower Union has strain specific rosin infused gummies, that really highlight that taste of the cannabis. Or for a touch of luxury and whimsy, try Beboe's delicious fruit gummies. These culinary treats look as good as they taste, and come in a package so beautiful, you'd think it was wrapped up as a present. It would be a great gift to bring to a 4/20 party to share. Feelz 100mg Drink Feelz For guests who want a more intense cannabis experience, or have a high tolerance to cannabis, it's great to have heavy-hitting options to offer. Brands like Feelz and CQ, meet this need with drinks and edibles that pack a powerful 100mg punch. This makes them a great choice for the seasoned consumer looking for that extra kick in their party favor lineup. However, it's important to warn your guests about the potency of these options. Even seasoned cannabis consumers may find doses that high extremely disorienting, if they don't have a high enough tolerance. Rogue Paq Matches Rogue Paq Another option is to gift your friends cute cannabis supplies like papers, cones, lighters, and matches. Rogue Paq has a playful collection of matches, you can buy in sets. Zamnesia has a 420 Mystery box available right now that is packed with fun supplies for smoking and gardening. It even includes seeds to gift any of your friends with a green thumb. With this diverse collection of refreshing drinks, potent prerolls, and beyond, your 4/20 adventures will be set for success. Remember to puff puff pass and enjoy celebrating cannabis culture in style!

Cleaning plastic from beaches after sea collision could take weeks, says council
Cleaning plastic from beaches after sea collision could take weeks, says council

The Independent

time20-03-2025

  • General
  • The Independent

Cleaning plastic from beaches after sea collision could take weeks, says council

An operation to remove plastic pellets which have washed up on Norfolk beaches following a ship collision in the North Sea could take weeks, a council has said. King's Lynn and West Norfolk Council said it began its operation on Wednesday and is initially focusing on a stretch of beaches between Holme-next-the-Sea and Old Hunstanton. Thousands of plastic 'nurdles' were washed into the sea on March 10 when the container ship Solong crashed into the anchored tanker Stena Immaculate about 12 miles off the coast of East Yorkshire, leaving one man missing, presumed dead. The pellets later began to appear on beaches around The Wash, especially in north Norfolk, causing concern among conservation groups. Although the nurdles are not toxic they are a risk to wildlife if ingested. On Thursday, the council said all of the plastic along the initial stretch has been pushed back so it does not wash back out to sea. It said an all-terrain vehicle will be used to access the beach and remove the larger pieces. A team, which includes a beachmaster and seven operational council staff, is focusing initially on removing the larger burnt pieces of plastic from the beaches as the coastguard has been removing suspended nurdles from the water, it added. A spokesman said: 'The team will move from beach to beach to clear up as much of the waste as possible from local beaches. 'Please bear with us as this clean-up operation will likely take a few weeks and further waste might wash up during that time.' Councillor Sandra Squire, cabinet member for environment and coastal, said: 'Our priority as a council is to clean up this plastic pollution from our beaches for people and wildlife. 'We ask that residents and visitors who are enjoying our beaches continue to take care with anything that you come across on the beach. 'Our clean-up team are wearing gloves and using litter pickers as a reasonable precaution because they're handling waste.' Ms Squire said: 'Don't touch any nurdles you find. We are doing regular beach surveys of the beaches in our area to identify areas that need cleaning.' The National Trust said nurdles have begun to appear on Brancaster Beach, in Norfolk, and the RSPB confirmed they have washed up at the charity's reserve at nearby Titchwell. Fidra, the anti-pollution charity which runs The Great Nurdle Hunt, called the release of the pellets an 'environmental crisis'. It said: 'Nurdles can leach, transport and adsorb harmful chemicals and pathogens in the environment creating a toxic cocktail, while microplastic fragments released as nurdles age can enter human and animal tissues disrupting their function. 'England's east coast is home to a diverse range of marine and birdlife, with multiple crucial protected areas located along the coastline, with The Wash identified as an internationally important conservation area and home to diverse wildlife. 'Nurdle pollution poses a major risk to wildlife along this coastline and beyond.' The company which owns the Solong has said that no containers holding plastic nurdles are thought to have been lost over the side of the ship. It said the pellets are believed to have been released from some of the smaller containers during the intense fires which took a week to bring under control. Chief Coastguard Paddy O'Callaghan said the Solong and Stena Immaculate remain stable and salvage operations are continuing. Mr O'Callaghan said the coastguard is supporting local authorities with nurdle retrieval in Norfolk and Lincolnshire. He said the maritime incident has moved into the recovery phase and has now been downgraded from a major incident. But he added: ' HM Coastguard will however continue to support the salvage and multiagency retrieval operations while keeping the overall situation under review.' A total of 36 people were rescued from the ships following the collision but a sailor from the Solong – named as 38-year-old Filipino national Mark Angelo Pernia – is missing and presumed dead. The Solong's captain, Vladimir Motin, 59, of St Petersburg, Russia, appeared at Hull Magistrates' Court on Saturday morning charged with gross negligence manslaughter and was remanded in custody.

Cleaning plastic from beaches after sea collision could take weeks, says council
Cleaning plastic from beaches after sea collision could take weeks, says council

Yahoo

time20-03-2025

  • General
  • Yahoo

Cleaning plastic from beaches after sea collision could take weeks, says council

An operation to remove plastic pellets which have washed up on Norfolk beaches following a ship collision in the North Sea could take weeks, a council has said. King's Lynn and West Norfolk Council said it began its operation on Wednesday and is initially focusing on a stretch of beaches between Holme-next-the-Sea and Old Hunstanton. Thousands of plastic 'nurdles' were washed into the sea on March 10 when the container ship Solong crashed into the anchored tanker Stena Immaculate about 12 miles off the coast of East Yorkshire, leaving one man missing, presumed dead. The pellets later began to appear on beaches around The Wash, especially in north Norfolk, causing concern among conservation groups. Although the nurdles are not toxic they are a risk to wildlife if ingested. On Thursday, the council said all of the plastic along the initial stretch has been pushed back so it does not wash back out to sea. It said an all-terrain vehicle will be used to access the beach and remove the larger pieces. A team, which includes a beachmaster and seven operational council staff, is focusing initially on removing the larger burnt pieces of plastic from the beaches as the coastguard has been removing suspended nurdles from the water, it added. A spokesman said: 'The team will move from beach to beach to clear up as much of the waste as possible from local beaches. 'Please bear with us as this clean-up operation will likely take a few weeks and further waste might wash up during that time.' Councillor Sandra Squire, cabinet member for environment and coastal, said: 'Our priority as a council is to clean up this plastic pollution from our beaches for people and wildlife. 'We ask that residents and visitors who are enjoying our beaches continue to take care with anything that you come across on the beach. 'Our clean-up team are wearing gloves and using litter pickers as a reasonable precaution because they're handling waste.' Ms Squire said: 'Don't touch any nurdles you find. We are doing regular beach surveys of the beaches in our area to identify areas that need cleaning.' The National Trust said nurdles have begun to appear on Brancaster Beach, in Norfolk, and the RSPB confirmed they have washed up at the charity's reserve at nearby Titchwell. Fidra, the anti-pollution charity which runs The Great Nurdle Hunt, called the release of the pellets an 'environmental crisis'. It said: 'Nurdles can leach, transport and adsorb harmful chemicals and pathogens in the environment creating a toxic cocktail, while microplastic fragments released as nurdles age can enter human and animal tissues disrupting their function. 'England's east coast is home to a diverse range of marine and birdlife, with multiple crucial protected areas located along the coastline, with The Wash identified as an internationally important conservation area and home to diverse wildlife. 'Nurdle pollution poses a major risk to wildlife along this coastline and beyond.' The company which owns the Solong has said that no containers holding plastic nurdles are thought to have been lost over the side of the ship. It said the pellets are believed to have been released from some of the smaller containers during the intense fires which took a week to bring under control. Chief Coastguard Paddy O'Callaghan said the Solong and Stena Immaculate remain stable and salvage operations are continuing. Mr O'Callaghan said the coastguard is supporting local authorities with nurdle retrieval in Norfolk and Lincolnshire. He said the maritime incident has moved into the recovery phase and has now been downgraded from a major incident. But he added: 'HM Coastguard will however continue to support the salvage and multiagency retrieval operations while keeping the overall situation under review.' A total of 36 people were rescued from the ships following the collision but a sailor from the Solong – named as 38-year-old Filipino national Mark Angelo Pernia – is missing and presumed dead. The Solong's captain, Vladimir Motin, 59, of St Petersburg, Russia, appeared at Hull Magistrates' Court on Saturday morning charged with gross negligence manslaughter and was remanded in custody.

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