US spot Bitcoin ETFs experienced a significant inflow of $265.7 million on Monday, the largest daily increase since early May. This marks a shift from previous outflows, indicating renewed confidence from institutional investors. Major ETFs like BlackRock's IBIT and Fidelity's FBTC led the inflows, contributing to about 3,300 BTC accumulation. Market watchers will monitor if this trend continues amid upcoming Federal Reserve announcements and inflation data, which could influence Bitcoin prices.
President Donald Trump signed an executive order renaming Lake Ontario to Lake America within the United States, a change now reflected on Google Maps for US users. This move comes amid escalating trade tensions between the US and Canada, including r...
Aon Plc is close to finalizing a $17 billion deal to acquire USI Insurance Services from private equity firm KKR, including debt. The acquisition, possibly announced soon, would enhance Aon's capabilities in serving midsize businesses and is expected...
Affirm CEO Max Levchin highlighted increased demand for buy now, pay later (BNPL) services as rising gas prices and inflation impact U.S. consumers' budgets. Despite a slight drop since May, gas prices remain nearly a dollar higher than the previous ...
OpenAI announced it will stop providing AI models to Cursor, a coding tool company recently acquired by SpaceX, owned by Elon Musk. This move intensifies the ongoing conflict between OpenAI CEO Sam Altman and Musk, who have clashed over control and t...
AEVEX Corp. is subject to a class action lawsuit alleging it and its underwriters misled investors by breaching a lock-up agreement after its April 2026 IPO. The lawsuit claims AEVEX and its controlling private equity owner, Madison Dearborn Partners...
