3 mins read

JPMorgan Commits $500M to AI Hedge Fund Numerai

Numerai, an AI-driven hedge fund backed by Paul Tudor Jones, has secured a commitment of up to $500 million from JPMorgan Asset Management — a vast sum that could more than double its assets under management and highlight a growing institutional interest in crypto-friendly money managers. Numerai confirmed Tuesday that the allocation will be deployed […]

3 mins read

Bitcoin Price Rebound Cues Come as ETF Inflows Flip Green

Key points: Bitcoin is “getting closer” to its next local bottom after a trip below the $109,000 mark. A positive Coinbase Premium returns, raising hopes of a US demand recovery. ETF flows end Monday positive in a surprise comeback despite the BTC price downside. Bitcoin (BTC) consolidated around $110,000 at Tuesday’s Wall Street open amid […]

2 mins read

Spot Bitcoin ETFs Break Six-Day Outflow Streak With $219M Inflows

Spot Bitcoin exchange-traded funds (ETFs) ended a six-day streak of net outflows on Monday, with $219 million in daily inflows.  ETF data platform SoSoValue showed that spot Bitcoin (BTC) ETFs rebounded on Monday, marking a shift in sentiment after six consecutive trading days of net outflows.  The outflow streak started on Aug. 15 and extended […]

2 mins read

Blue-Chip NFTs Tumble as ETH Retreats From All-Time Highs

Blue-chip non-fungible token (NFT) collections had steep weekly declines as Ether pulled back from all-time highs.  Data from decentralized finance aggregator DefiLlama showed that top projects saw their floor prices sink by double digits in the last seven days. Blue-chip NFT collections like Pudgy Penguins, Bored Ape Yacht Club (BAYC) and Doodles were among the […]