Tag: Cryptocurrency wallet

FinanceInvesting

U.S. ETF Inflows Surpass $1 Trillion at Record Pace, Signaling Major Investment Shift

Investors are pouring money into U.S. exchange-traded funds at unprecedented rates, with inflows crossing $1 trillion months earlier than last year’s record. State Street Investment Management projects this acceleration could reach $1.4 trillion by 2025 as the structural shift from mutual funds to ETFs continues unabated.

U.S. exchange-traded funds have crossed the $1 trillion inflow threshold at a record-breaking pace in 2025, according to new data from State Street Corporation‘s investment management division. The milestone, reached months earlier than in 2024, signals accelerating investor preference for ETFs over traditional mutual funds and sets the stage for what could become a $1.4 trillion annual inflow record by year’s end.

Unprecedented Acceleration in ETF Adoption

by Aaron Blake
Economy and TradingInternational Business and Trade

Dollar Steadies Amid US-China Trade Tensions, Political Shifts in France and Japan

** The dollar index edged higher as investors weighed tempered trade war fears and political developments in France and Japan. Cryptocurrencies and gold also saw notable movements amid holiday-thinned liquidity. **CONTENT:**

The U.S. dollar found its footing in early trading on Monday, recovering from a selloff as market participants assessed the latest escalation in U.S.-China trade tensions alongside political shifts in Europe and Asia. Investors appeared hopeful that Washington might soften its stance after President Donald Trump announced sweeping tariffs, while holidays in the U.S. and Japan contributed to thinner liquidity and heightened volatility across currencies and assets.

by Aaron Blake
CybersecurityLegal

MIT-Educated Brothers Face Trial Over Alleged $25M Cryptocurrency Heist Executed in 12 Seconds

Federal prosecutors allege two brothers with MIT backgrounds orchestrated a complex $25 million cryptocurrency theft that took just 12 seconds to execute. The trial features an unusually educated jury as both sides prepare their opening statements in what could be a landmark case for crypto regulation.

In a case that highlights the intersection of advanced education and digital crime, two MIT-educated brothers face federal charges for allegedly orchestrating a sophisticated $25 million cryptocurrency heist that prosecutors say was executed in just 12 seconds. The trial of Anton and James Peraire-Bueno represents one of the most technically complex cryptocurrency cases to reach federal court, pitting their defense that they merely outsmarted automated trading systems against prosecution claims of deliberate fraud and conspiracy.

The Unprecedented Allegations

by Aaron Blake
Economy and TradingInternational Business and Trade

South African Rand Steady Amid US-China Trade Tensions and Fed Rate Cut Expectations

The South African rand showed stability in early Monday trading as global markets remain cautious about US-China trade tensions and Federal Reserve policy. Domestic investors await key economic data including mining production and retail sales figures for Africa’s largest economy.

The South African rand maintained stability in early Monday trading sessions as global market participants remained wary of escalating US-China trade tensions and shifting expectations regarding Federal Reserve interest rate adjustments, with the US government shutdown entering its thirteenth consecutive day. At 0826 GMT, the currency traded at 17.3175 against the US dollar, representing approximately 1% strengthening compared to Friday’s closing levels.

Global Risk Sentiment Drives Rand Performance

by Aaron Blake