On September 4, US spot Bitcoin ETFs attracted $175 million in net inflows, while Ethereum ETFs gained $26.46 million, continuing a positive trend in institutional crypto interest. These inflows follow a record $731 million Bitcoin ETF inflow on September 3, led by BlackRock's IBIT fund. Since their launch in January 2024, Bitcoin ETFs have amassed $55.44 billion in net inflows, with assets totaling $103.34 billion, about 6.3% of Bitcoin's market cap. Ethereum ETFs have $13.17 billion in cumulative inflows and $15.92 billion in assets under management. The recent inflows coincide with Bitcoin trading above $80,000 and Ethereum surpassing $2,500, supported by dovish Fed commentary encouraging risk-taking.
A London High Court has issued a worldwide freezing order on nearly $499 million in assets tied to Radiant World, an iron ore trading company, following allegations of falsified invoices. The order targets Radiant's founder, Pinkesh Nahar, and relate...
Bitcoin fell below $80,000 following a stronger-than-expected U.S. jobs report showing 162,000 new jobs in August, far exceeding forecasts. This unexpected data shifted Federal Reserve rate hike odds to an even 50/50, increasing market uncertainty ah...
Ethena (ENA) saw a 13% price increase in 24 hours, but this rise was not driven by strong protocol performance. The Total Value Locked (TVL) grew modestly by $160 million to $4.719 billion, indicating limited investor conviction. Revenue remained low...
Lockheed Martin received a buy rating driven by its record $230 billion backlog and strong growth across multiple business segments, including missile and air defense programs like PAC-3 and THAAD. The F-35 program continues to be a major revenue and...
Vertiv Holdings is positioned as a key player in the growing AI and data center market, which is expected to expand significantly with increasing capital expenditures. Despite the stock doubling in value over the past year, further growth potential r...
