Spot Bitcoin ETFs Record First Outflow in a Week, Ethereum ETFs Follow With $1.89M Exit
Story Highlights total trading volume in bitcoin ETF reached $4.24 billion, with total net assets of $152.45 billion BTC daily…
Category: Financial
After the Fed’s 25bps Cut: Markets Weigh Labor Risks, Inflation, and Liquidity Bets
The Federal Reserve’s 25 basis point (bp) rate cut, its first of 2025, set the stage for weeks of market…
UK inflation stays high, potentially pausing interest rate hikes
Key Takeaways UK inflation remains significantly above the Bank of England’s 2% target. Persistent inflation may prompt the central bank…
Gemini IPO Hype Fades With 12% Drop; Stock Under Pressure?
Story Highlights Gemini shares drop below its IPO price just days after its debut on Nasdaq The company reported a…
Tether, Tokenization Pioneers Unveil Startup Focused on GENIUS-Aligned Digital Dollars
Traditional finance has long had a way of splitting capital from coupons, allowing investors to separate interest-payment flows from the…
Analyst expects crypto ETFs to double on new SEC rule
The Securities and Exchange Commission (SEC) slashed requirements yesterday afternoon for spot crypto ETF applicants, and analysts are predicting a…
Russia completes first salary payment in digital ruble
The Russian government has paid a monthly salary in digital rubles for the first time, indicating it’s ready to continue…
Nvidia to Invest $5B in Intel and Develop Data Centers, PCs
Nvidia (NVDA), the world’s largest public company by market cap, said it will invest $5 billion in Intel (INTC) and…
Bullish Shares Jump as Citi, Canaccord Praise IPO Debut and BitLicense Win
Wall Street bank Citi (C) has raised its price target on Bullish (BLSH), the owner of CoinDesk, to $70 from…
Giant Whales Swing into Action Following Fed\’s Interest Rate Decision! Hidden Whale Bought $112 Million Worth of Ethereum in a Single Transaction! Here Are…
The FED announced its highly anticipated September interest rate decision last night, restarting the interest rate cut cycle with 25…