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CoinShares notes $441 million rebound in crypto investment inflows last week
CoinShares notes $441 million rebound in crypto investment inflows last week

After three weeks of net outflows, global digital asset investment products returned to net inflows of $441 million last week, CoinShares noted.CoinShares head of research James Butterfill said that recent crypto price weakness is “likely being seen as a buying opportunity.”

The Block·2024/07/08 11:43
What’s in Store for Bitcoin This Week? 6 Things to Watch
What’s in Store for Bitcoin This Week? 6 Things to Watch

This week’s economic calendar is a busy one with all eyes on key inflation reports in addition to a testimony by Federal Reserve chair Jerome Powell.

Cryptopotato·2024/07/08 09:25
Bitget Daily Futures Market Update
Bitget Daily Futures Market Update

Bitget·2024/07/08 07:04
Flash
20:39
According to a document filed with the U.S. Securities and Exchange Commission, Fifth Third Bank has amended the terms of its credit agreement with American Shared Hospital Services.
Specifically, banks will raise the interest rate on advance payments to the default rate stipulated in the agreement, which means the rate will increase by 2 percentage points annually from the original level. This adjustment generally reflects a reassessment by lenders of the borrower's creditworthiness or ability to fulfill their obligations.
20:39
According to filings submitted to the U.S. Securities and Exchange Commission (SEC), Gulf Resources, Inc. is assessing significant deficiencies in its internal controls and is continuously advancing corrective and strengthening measures.
The company stated that it has begun an in-depth review of the identified internal control deficiencies. Currently, management is assessing a series of specific remedial measures aimed at fundamentally resolving the issues and enhancing the overall control environment. Meanwhile, Gulf Resources emphasized that strengthening internal controls is an ongoing process. The company will continue to invest resources to optimize relevant processes and supervision mechanisms to ensure the reliability of financial reporting and compliance with applicable laws and regulations.
20:25
Real Estate ETF, Dow Jones ETF, and Small Cap Index ETF all closed up by at least 1.5%, leading among major U.S. stock asset class ETFs.
Going long on the US Dollar Index closed down 0.07%, Nasdaq 100 ETF fell 0.48%, agricultural product fund fell 0.63%, emerging markets ETF fell 1.17%, soybean fund fell 1.99%, and US Brent oil fund fell 2.71%.
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