4th Consecutive Week Nets $66 Million
The digital assets markets experienced a consecutive fourth week of inflows from institutional investors. CoinShares data shows that a portion of the momentum
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Consecutive
American Express Posts Sixth Consecutive Quarter of Record Revenue for Q3 2023
The Q3 figures for 2023 show that American Express pulled in record revenue despite increased expenses especially with customer engagements. Credit card giant American Express (NYSE: AXP) has published its revenue report for Q3 of 2023, pointing to record revenue for six consecutive quarters. According to an official press release, the company’s total revenue
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Inflow into crypto funds continues for third consecutive week
Inflows in cryptocurrency investment products from October 7 to October 13 reached $15.2 million, compared to $78.4 million a week earlier. According to CoinShares analysts, the amount was 27% below the 2023 average. Experts explained that the data provided does not include positive news for digital gold regarding the SEC’s refusal to
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Binance spot market share drops for 7th consecutive month: Report
Major global cryptocurrency exchange Binance has reportedly continued to lose its market share amid ongoing regulatory issues in the United States.Binance’s spot market share fell for a seventh consecutive month in September 2023, Bloomberg reported on Oct. 5, citing analysis from cryptocurrency data provider CCDataAccording to the report, Binance’s spot
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Crypto sees outflows for 6th consecutive week, XRP and SOL gain investor confidence
Crypto investment products registered their sixth consecutive week of outflows in the week ending on Sept. 24. According to data shared by Coinshares, digital asset outflows from crypto investment products reached $9 million last week.Weekly crypto asset flows. Source: CoinSharesBitcoin (BTC) registered a third consecutive week of outflows with the
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Hong Kong retains top crypto-ready position for two consecutive years
Hong Kong was crowned the best-prepared jurisdiction for widespread cryptocurrency adoption in 2023, retaining its crypto-readiness prowess for the second year in a row. A study factoring in the existence and reach of crypto — via ATMs, businesses, accessibility and legality — revealed stiff competition among the 2022 leaders as Hong
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ECB Announces 10th Consecutive Interest Rate Hike amid Inflation Battle
High energy prices can have a cascading effect on other sectors of the economy, contributing to the overall rise in consumer prices. The European Central Bank (ECB) has announced its 10th consecutive hike in its main interest rate. This decision has catapulted the Central Bank’s main deposit facility rate from -0.5%
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ChatGPT web traffic drops for third consecutive month in August
The popular artificial intelligence (AI) chatbot ChatGPT has seen a decrease in user traffic worldwide for the third consecutive month this August, according to data from analytics company Similarweb.In August, desktop and mobile site traffic to OpenAI’s popular chatbot from visitors worldwide decreased by 3.2% to 1.43 billion. This follows
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ChatGPT Web Traffic Drops for Third Consecutive Month
It is also possible that as users become more familiar with the AI tool, they spend less time exploring its features and go straight to executing specific tasks, accounting for the drop in engagement time. OpenAI’s popular artificial intelligence (AI) chatbot ChatGPT has recorded a drop in monthly web visits for
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Solana Records 9th Consecutive Weeks of Investment Inflows While Other Top Coins Bleed
During the past 9 weeks, Solana recorded a total inflow of about $0.7 million while all digital asset investment products saw an outflow of about $342 million in the past seven weeks. One of the leading smart contract blockchains and DeFi ecosystems with over $305 million in total value locked (TVL),
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