Bitcoin is showing signs of weakening U.S. institutional demand as the Coinbase premium, an indicator of U.S.-based buying interest, has slipped back into negative territory. Data from CryptoQuant reveals fluctuating netflows on Coinbase, with large outflows followed by small inflows, suggesting cautious repositioning rather than strong buying. Additionally, trading volume on Coinbase Prime, a platform favored by institutions, has declined by about 9%, indicating a more selective and cautious approach by U.S. investors. These signals imply that institutions are adopting a wait-and-see stance, which could affect Bitcoin's near-term price dynamics as market participants look for sustained demand beyond retail investors.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Frasers Group PLC has withheld financial guidance for the upcoming year due to uncertainty around its takeover bids for Hugo Boss and Accent Group. The retailer's full-year adjusted profit before tax fell 4% to £538 million, impacted by asset impairm...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
