Bitcoin and ether exchange-traded funds (ETFs) experienced significant outflows on Wednesday, with bitcoin funds losing $82 million and ether funds $29 million, following the Federal Reserve's hawkish stance. The Fed held interest rates steady but raised projections for future hikes, increasing the likelihood of rate increases as soon as October. This shift ended expectations of rate cuts that had supported the recent crypto rally, causing prices to stall and outflows to continue. The crypto market now faces uncertainty as investors watch for future Fed moves and whether ETF inflows will resume.
On Holding, a Swiss athletic shoe company, is expanding into the global football market by partnering with soccer star Kylian Mbappé, who leaves Nike after nearly 20 years. This marks On Holding's first venture into football cleats and apparel, lever...
Peter Thiel's investment fund, which held no stocks for two consecutive quarters, has made a significant comeback with $419 million in new investments. Notably, 72% of this capital has been allocated to the energy and power sectors, signaling a strat...
Broadcom (AVGO) presents an attractive buying opportunity as the market overreacts to short-term guidance and margin worries, overlooking its strong growth in AI semiconductors. The company's deep, essential partnership with Google and a diversified ...
TRON's stablecoin market cap grew by about $4.8 billion in 90 days, driven mainly by Tether's USDT, which now exceeds $94 billion on the network. This surpasses Ethereum's USDT supply by over $9 billion, largely due to TRON's lower transaction fees, ...
The iShares MSCI USA Quality GARP ETF delivers strong long-term returns by emphasizing growth, though it lacks strict valuation discipline. In contrast, the Invesco S&P 500 GARP ETF provides better downside protection during bear markets by focusing ...
