Bitcoin fell to about $79,400 after U.S. spot Bitcoin ETFs experienced a $635 million outflow on Wednesday, marking the biggest single-day loss since January. Over five days, these ETFs lost $1.26 billion, reducing total inflows since January 2024 to $58.5 billion. This decline follows strong inflows in March and April but coincides with renewed U.S. inflation concerns and a stalled Bitcoin rally near $82,000. Meanwhile, long-term holders have increased their BTC holdings to a record 4 million coins, tightening supply and potentially cushioning against panic selling. The market awaits the Federal Reserve's June meeting for further direction.
The Thailand elevator and escalator market is projected to grow at a compound annual growth rate (CAGR) of 3.2% from 2025 to 2031, driven by rapid urbanization and expanding commercial infrastructure. Key players like Otis, KONE, and Mitsubishi domin...
Exclaimer has launched a new integration with UKG Ready, expanding its HRIS integration capabilities to automate the synchronization of employee data from HR systems into email signatures and meeting themes. This move addresses the growing trend of o...
Rogers Communications is investing $22 million to enhance its 5G+ network around BMO Field and nearby areas in Toronto ahead of the 2026 FIFA World Cup. The upgrade includes adding wireless infrastructure equivalent to 16 cell towers, deploying addit...
Amazon has discontinued its Rufus chatbot and introduced Alexa for Shopping, a new AI-powered assistant that combines Rufus's features with Alexa+. This tool personalizes shopping experiences using user data and is accessible via Amazon's website, ap...
Saudi Arabia's elevator and escalator market is projected to grow at a 3.7% CAGR from 2025 to 2031, fueled by rapid urbanization, large infrastructure projects like Neom, and rising tourism. Integration of AI enhances safety and efficiency, while lea...
