U.S. spot Bitcoin ETFs experienced about $527 million in net outflows over four trading days ending July 2, marking their eighth consecutive week of losses and the longest such streak since their launch. Despite a rebound on July 2 with $221.7 million inflows led by Fidelity and ARK funds, BlackRock's IBIT continued to see outflows, extending its redemption streak to 11 days and weighing on overall sector recovery. Ethereum ETFs also posted weekly outflows, though Hyperliquid products attracted some new capital. The market now watches if inflows can broaden across more ETFs and if IBIT can reverse its trend, as large Bitcoin holders have been accumulating coins amid ETF sell-offs.
Chery Group inaugurated the Rosslyn Plant in South Africa, marking a key step in its global expansion and local market integration. The plant, originally built in 1963, will retain 692 employees and create up to 3,000 supply chain jobs, with producti...
Bitcoin briefly surged above $63,000 during thin U.S. holiday trading, driven by low liquidity rather than strong market conviction. This bounce follows a tough June marked by $4.5 billion in net ETF outflows and significant long liquidations. For th...
Aerodrome Finance (AERO) surged to $0.60, its highest since January, driven by strong buyer demand in both spot and derivatives markets. Key indicators like RSI and DMI Modified suggest the uptrend is strengthening, supported by increased open intere...
Prediction market data shows an 86% chance Nvidia will trade below $192 at some point in July 2026, with a 60% chance of reaching $208 but only a 32% chance of exceeding $216. Traders expect the stock to remain range-bound between $184 and $208, refl...
Michael Saylor, Strategy's executive chairman, argues that Bitcoin's next phase will focus less on protocol changes and more on its role in finance as a monetary network. He emphasizes Bitcoin as digital capital used for settlement, reserves, and col...
