US spot Ether ETFs see 2nd-biggest inflows on record as ETH nears new high
US spot Ether exchange-traded funds (ETFs) printed the second-largest daily inflows on record as the cryptocurrency approached all-time high prices.
Ether (ETH) funds saw $729 million of inflows on Wednesday as ETH surged past $4,700 for the first time since November 2021, according to data from SoSoValue.
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Read MoreEthereum Spot ETFs See $524M Inflows as Institutional Interest Intensifies
Ethereum spot exchange-traded funds (ETFs) are quickly becoming a central focus for institutional investors, with August 12 marking one of the strongest single-day inflow performances since their debut. According to market data from SoSoValue, these ETFs collectively attracted $524 million in net inflows in a single session, highlighting a growing appetite among large-scale investors for the second-largest cryptocurrency by market capitalization.
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Read MoreNasdaq Composite Live: Interest Rate Cut Odds Now up to 97.8%
Investing
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The benchmark saw fresh new highs after the release of cooler-than-expected inflation data for July.
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At the moment, the odds we’ll see a sizable rate cut are now up to 93.3%,
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Read MoreHow This New Security Feature Could Affect Your Social Security Check
As part of its efforts to crack down on fraud and wasteful spending, the Social Security Administration (SSA) recently announced new security measures for beneficiaries to access benefits. Much like multi-factor authentication, which requires you to enter a one-time passcode that you receive from another device, the new SSA process would involve using a PIN to gain access to essential services — and an office visit for those who could not complete it.
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Read More4AAPL : Evaluating Apple Against Peers In Technology Hardware, Storage
In today’s rapidly changing and fiercely competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies. In this article, we will conduct a comprehensive industry comparison, evaluating Apple AAPL against its key competitors in the Technology Hardware, Storage &
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Read MoreThe Burst
Is This Buffett Stock The Next BIG Thing?
In a world drowning in data, Snowflake has been a lifeboat for businesses. Its cloud-based data warehousing capabilities allow organizations to manage a variety of data—structured, semi-structured, or unstructured—across different cloud services. Should a client wish to switch cloud providers, Snowflake’s service can facilitate that without a hitch.
Without Snowflake, companies would be at the mercy of cloud providers,
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Read MoreThe Ivy
Zuck Plays Checkers, Cook Plays Chess
When Facebook first grew to prominence, a lot was made of how much attention per day Mark Zuckerberg’s company captured among users. It was common to see the average daily usage was close to a full hour per day per person.
Over time the scale of Facebook’s base proved astonishing. A full 1 billion users tapped into Facebook,
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