US spot Bitcoin ETFs experienced $1 billion in net outflows for the week ending May 15, marking their largest weekly exit since January and ending a six-week inflow streak totaling $3.4 billion. This reversal coincided with Bitcoin trading near $79,000 amid rising Treasury yields and hotter-than-expected inflation data, signaling short-term caution among investors. Despite the outflows, cumulative inflows since January 2024 remain strong at $58.34 billion, and many institutional investors still expect crypto ETF inflows to grow as regulatory clarity improves. The outflow week likely reflects temporary market positioning rather than a fundamental shift in demand.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
DMG Blockchain Solutions announced two strategic investments: one in MeetAmi Innovations, a Canadian fintech offering digital asset wealth management platforms, and another in Atomic47 Labs, an AI company focused on secure, sovereign AI infrastructur...
