US spot Bitcoin ETFs experienced significant outflows totaling $265.4 million on July 31, with BlackRock's iShares Bitcoin Trust (IBIT) accounting for nearly half at $122.7 million. This reversed a brief inflow trend seen just a day earlier. Despite the outflows, IBIT remains strong with $46.52 billion in assets and 739,066 BTC. The trend of quarterly outflows has persisted for three consecutive quarters, raising concerns about potential selling pressure if outflows continue, which could impact Bitcoin prices and ETF asset values in the coming months.
Eat Sleep Launch Repeat, a consulting firm in Flagstaff, Arizona, has introduced two new service verticals: Tour and Experience Consulting for tour operators nationwide, and Luxury Rental Readiness for high-end short-term rental owners. The consultin...
The Income Standard, founded by Tod Long, has launched a comprehensive educational platform to help pre-retirees and retirees understand how to convert savings into reliable retirement income. The platform offers seminars, webinars, a free online Ret...
Vertiv Holdings is transitioning into an AI infrastructure architect, leveraging 800 VDC/MV BESS converged systems to address AI data center constraints and increase revenue per megawatt to $3.25M–$3.75M. The company aims for adjusted operating margi...
The CEO of a US cross-border currency exchange was arrested in an alleged murder-for-hire plot linked to a USDT stablecoin payment. This case highlights the increasing scrutiny on crypto-related businesses, especially those handling cross-border paym...
The XRP Ledger development team is preparing five proposed amendments for the upcoming xrpld 3.3.0 release, focusing on privacy, atomic settlement, and institutional onboarding improvements. Key features include Confidential MPT for private token bal...
