BlackRock clients have continued selling Bitcoin ETFs, with a recent outflow of 2,538 BTC worth $192.53 million to Coinbase Prime, signaling waning institutional confidence in Bitcoin's growth. This selling streak contributes to a broader trend of capital outflows from Bitcoin ETFs in the U.S., driven by macroeconomic challenges such as high inflation, geopolitical tensions, and steady high Treasury yields. Despite these outflows, U.S. Bitcoin ETFs still manage $98.40 billion, indicating that major investors remain profitable but cautious. The outlook suggests continued defensive positioning by institutions until economic conditions improve.
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
