Spot crypto exchange-traded funds recorded broad inflows on Wednesday, led by a sharp pickup in demand for U.S. bitcoin ETFs as institutional investors returned after a choppy start to the year. Data from SoSoValue shows spot bitcoin ETFs pulled in $843.6 million on Jan. 14, their largest daily inflow in several months. The move followed
Key Takeaways Amazon challenges Saks Global Enterprises’ Chapter 11 bankruptcy filing, arguing against the proposed $1.75 billion financing. Amazon had invested $475 million in Saks as part of their 2024 acquisition of Neiman Marcus for $2.65 billion. Amazon is fighting to salvage a stake in Saks Global after the luxury retailer entered Chapter 11 and
Blockchain infrastructure firm Global Settlement Network has announced a pilot to tokenize water treatment sites in Jakarta, aiming to eventually scale it out to the rest of Southeast Asia over the next 12 months with $200 million in tokenized assets. Real-world asset tokenization involves minting financial and other tangible assets on the blockchain to increase
Wall Street banking giant JPMorgan is forecasting a continuation — and potential acceleration — of capital inflows into the cryptocurrency market in 2026, driven increasingly by institutional investors following a record year in 2025. Analysts at the firm say the trend underscores growing confidence in digital assets as a legitimate investment class. According to JPMorgan’s
Key Takeaways Matt Cole, the CEO of Strive, acquired over 1 million shares of ASST in the last month. Strive is strategically positioned as a Bitcoin treasury company, incorporating Bitcoin as a fundamental asset. Matt Cole, CEO of Strive Asset Management, acquired more than 1 million ASST shares over the past 30 days. According to
Visa is now clearing stablecoin payments at a yearly rate of $4.5 billion, as demand picks up from companies offering crypto-linked cards. It’s still a tiny slice of the $14.2 trillion in payments Visa processed in 2025, but it’s growing month after month, according to Cuy Sheffield, Visa’s head of crypto. Sheffield told Reuters that
US President Donald Trump has framed Greenland as a national security priority. However, beneath this rhetoric, the push appears closely linked to the interests of the American technology sector. Greenland’s vast territory, abundant mineral reserves, and small population make it an appealing gateway to critical resources for advanced industries. In this context, the prospect of
Alpaca closed a $150 million Series D round, pushing the brokerage infrastructure provider to a $1.15 billion valuation. Drive Capital led the deal, and Co‑Founder and Partner Chris Olsen will take a seat on Alpaca’s board. The company also arranged a $40 million line of credit to bolster its balance sheet as it scales. The
On Wednesday, after Tuesday’s pullback, U.S. stocks are moving lower across the board, with red ink splashed over every major index. Equities aren’t keeping pace with precious metals— gold and silver are still on a tear—while the crypto economy added 3.66% in the past day, climbing to $3.29 trillion. Red Ink for Stocks as Crypto