BlackRock’s iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF) has recorded its second-ever day of outflows since it launched in January. BlackRock’s ETF recorded a $13.5 million net outflow on Aug. 29, its... Read more »
By Summer Zhen HONG KONG (Reuters) – Concentrated bets on popular Chinese e-commerce giant PDD Holdings may have led to losses in billions of dollars for hedge funds from a crash in... Read more »
Our weekly roundup of news from Asia curates the industry’s most important developments. South Korean manhunt ends as suspect caught with brand new $15K face South Korean police have apprehended 14 individuals... Read more »
Ether (ETH) has gained 7.5% since its drop to $2,396 on Aug. 27, but the 22% decline over the past 30 days indicates that investors remain uneasy with their positions. While Ethereum’s... Read more »
Intel (NASDAQ: INTC) stock is climbing in Thursday’s trading. The company’s share price was up 4% as of 11:30 a.m. ET, according to data from S&P Global Market Intelligence. Intel stock is... Read more »