Cryptocurrencies
Gold ETFs Lose $8.9 Billion in June as Global Outflows Accelerate
Investors pulled $8.9 billion from gold exchange-traded funds (ETFs) in June, with North American products accounting for $5.5 billion of the withdrawals as bullion’s price slide deepened. The monthly retreat came as gold recorded its fourth straight losing month. The metal fell 11.7% as a hawkish Federal Reserve and Middle East tensions steered investors…
Bitcoin Miners Bet Big on AI Infrastructure and Win. TeraWulf, IREN, Hut 8 Surge
TeraWulf, IREN, and Hut 8 stocks surge as bitcoin miners pivot to AI data centers, decoupling their share prices from crypto.
Ripple Rolls Out New XRPL Upgrade, but Less Than Half of Nodes Have Upgraded
Despite the majority of nodes still operating on v3.1.3, roughly 61% of XRPL validators running on rippled versions have adopted the new upgrade.
Palantir Shares Slide on Fears Democrats Could Target Government Contracts
Palantir stock fell as a report flagged Democratic efforts to target its government contracts, ending a seven-day rally.
SpaceX Stock Falls 35% From Peak Even After Nasdaq-100 Inclusion
SpaceX stock trades 35% below its peak after Nasdaq-100 inclusion, as index buying failed to offset heavy selling.
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