In late May, gold prices rose 1.5% to $4,574 per ounce driven by a softer U.S. dollar and easing oil prices amid hopes for Middle East peace. Meanwhile, Bitcoin experienced significant institutional outflows from spot ETFs totaling about $733 million and a large $1.29 billion dark-pool trade of BlackRock’s IBIT shares, triggering a wave of liquidations of nearly $959 million in crypto derivatives, mostly long positions. This divergence highlights how gold benefits from currency moves and geopolitical shifts, while Bitcoin's short-term price is heavily influenced by ETF flows, derivatives leverage, and market liquidity. Investors should note that gold acts as a currency hedge and stable asset, whereas Bitcoin behaves as a higher-volatility macro asset sensitive to liquidity and institutional positioning.
Veea Inc. has announced the commercial release of VeeaONE, a full-stack AI infrastructure platform that integrates edge-to-cloud hardware and software. The platform supports VeeaWare middleware on NVIDIA Jetson and x86/Arm servers, enabling secure, l...
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
