Bitcoin ETFs Shatter Records with $3 Billion Weekly Inflows, BlackRock’s IBIT Leads the Charge

Bitcoin ETFs Shatter Records with $3 Billion Weekly Inflows, BlackRock’s IBIT Leads the Charge

Bitcoin’s relentless rally has entered a new phase as U.S. spot Bitcoin exchange-traded funds (ETFs) recorded an unprecedented $3 billion in net inflows over the past week, propelling the cryptocurrency’s price near the $95,000 mark. This surge in institutional investment marks the strongest week for Bitcoin ETFs since March and signals renewed confidence in digital … Read more

Alphabet Acquires Wiz for $32 Billion: A Strategic Move to Boost Cloud Security

Alphabet Acquires Wiz for $32 Billion: A Strategic Move to Boost Cloud Security

In a groundbreaking move that underscores its commitment to enhancing cloud security, Alphabet Inc., the parent company of Google, has announced the acquisition of cybersecurity startup Wiz for a staggering $32 billion in an all-cash deal. This acquisition marks Alphabet’s largest purchase to date, eclipsing its previous record with Motorola Mobility, which was acquired for … Read more