BlackRock's iShares Bitcoin Trust (IBIT) saw $47 million in net inflows on June 4-5, ending a 13-day streak of outflows. This means the ETF purchased $47 million worth of Bitcoin to back new shares, signaling institutional buying while retail investors were selling amid market volatility. The inflow could indicate a shift where institutional demand diverges from retail sentiment, but investors should watch for sustained inflows to confirm a trend. As the largest US spot Bitcoin ETF, IBIT's activity often influences smaller competitors.
Zcash (ZEC) has surged 2,389% over the past year, reaching prices above $1,200 for the first time since 2016. This sharp rally has put significant pressure on major short sellers, including a trader holding a $47 million short position that faces liq...
Cardano is preparing for a major upgrade called Dijkstra, set to roll out in two phases by early 2027. The first phase, targeting a Mainnet launch by the end of 2026, will introduce Nested Transactions and Linear Leios. The second phase, planned for ...
AI is rapidly becoming part of everyday business operations, with nearly half of firms expected to use AI soon, driving a surge in demand for data center power and infrastructure. Companies like NVIDIA, Broadcom, Arista Networks, Vertiv Holdings, and...
Crypto markets are adjusting to a stronger-than-expected US labor report showing 162,000 new jobs in August and steady unemployment at 4.1%. This boosted expectations that the Federal Reserve might cut interest rates in mid-September, causing market ...
Bitcoin's price stabilized around $79,600 to $80,100 after a recent surge, supported by strong institutional demand with spot Bitcoin ETFs attracting up to $987 million in weekly inflows. Corporate Bitcoin purchases continued despite market volatilit...
