Spot Bitcoin ETFs experienced $1.79 billion in outflows last week, the second-largest weekly loss since their launch over two years ago, extending a seven-week streak of net withdrawals. This trend reflects declining investor confidence as Bitcoin's price dropped to around $58,000, a multi-year low, fueling further sell-offs. Ethereum ETFs faced a similar pattern with $273 million in outflows last week, also marking seven consecutive weeks of losses. These sustained outflows suggest structural challenges for crypto ETFs, with analysts noting that stabilization in ETF flows is likely necessary before Bitcoin and Ethereum prices can recover meaningfully.
LUXEED showcased its Super Factory where over 2,000 intelligent devices and 880 robots work together to produce one vehicle every minute. The factory uses AI-driven automation for processes like welding and quality inspection, ensuring high precision...
Anteris Technologies announced favorable 30-day clinical outcomes for its Medium-size DurAVR Transcatheter Heart Valve (THV) in 22 patients with severe aortic stenosis. The valve showed excellent hemodynamics with low pressure gradients, large effect...
A crypto address purchased 15,216 Ether (ETH) for 34.69 million USDC at an average price of about $2,279 per ETH. The USDC used for this transaction was withdrawn from the Kraken exchange earlier that same day. This large purchase highlights continue...
The U.S. Department of Energy has approved the safety analysis for Radiant Industries' Kaleidos microreactor, allowing the project to move forward to a readiness review before power testing. This approval covers initial criticality and operation at p...
Ripple CEO Brad Garlinghouse and CTO emeritus David Schwartz outlined a five-year vision for XRP, expecting it to become the institutional gold standard for crypto transactions. Ripple plans to prioritize XRP where suitable, complementing it with its...
