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$142M exits Bitcoin ETFs as Ether, XRP funds attract fresh interest

Spot Bitcoin exchange-traded funds (ETFs) began the new week under pressure, posting net outflows of $142.2 million on December 22, underscoring continued caution among institutional investors as the year-end approaches. According to flow data, BlackRock’s iShares Bitcoin Trust (IBIT) was the lone bright spot, recording modest net inflows of $6.0 million. However, those gains were

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Business

Bybit begins phasing out services in Japan following FSA warnings

Bybit will gradually restrict accounts for its Japanese users starting in 2026 in a bid to comply with local regulatory requirements. Bybit has started notifying Japanese users that it will “discontinue services” and “gradually implement account restrictions” in an effort to comply with Japanese regulations, the exchange said in a December 22 announcement. “If you’re

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Business

Copper price surge past $12,000 as tariffs and mine disruptions fuel rally

Copper prices have climbed to a fresh all-time high above $12,000 a metric ton, putting the industrial metal on track for its strongest annual performance since 2009. The rally has been driven by a combination of severe supply disruptions and trade dislocations linked to the tariff agenda of US President Donald Trump, affecting global copper

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Business

Samsung’s Harman to acquire driver assistance arm from ZF Group

Harman International, owned by Samsung Electronics, is buying a key driver-assistance business from ZF Group in a €1.5 billion transaction that reflects mounting financial pressure across Europe’s auto-supplier sector. The purchase brings radar, smart camera, and automotive computing operations under Harman at a time when suppliers are reassessing capital-intensive portfolios. For Samsung, which bought Harman

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Business

Ferrari stock price set for $340 dip before rebound, technicals show

Ferrari stock price has had a difficult year, falling from a high of $516 in July to the current $375, a move that has erased its market capitalization from the year-to-date high of $136 billion to the current $90 billion.  Ferrari stock price dropped amid concerns about the company Ferrari, the iconic Italian supercar company,

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Business

Portugal housing crisis intensifies as price surge reshapes affordability debate

Portugal’s housing pressures sharpened again in the third quarter, pushing affordability further into the political spotlight. Fresh official data showed prices rising at a record pace, underlining how far the market has moved beyond the reach of many residents. The latest surge reflects a mix of strong demand, limited supply, and population growth, with policymakers

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Business

CertiK flags suspicious wallet breach after funds routed through Tornado Cash

Blockchain security firm CertiK has flagged a suspicious on-chain incident involving the loss of nearly $2.3 million in digital assets, after detecting unusual wallet activity through its monitoring systems. The case was identified using CertiK’s Skylens platform, which tracks abnormal fund movements and behavioural patterns across public blockchains. The incident highlights how wallet-level breaches continue

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Business

UK government scales back inheritance tax hike for farmers after protests

Britain’s government has announced a significant change to its inheritance tax plans for farmers, scaling back a policy that triggered months of protests across the country. As per a Reuters report, the decision follows sustained opposition from agricultural groups after an inheritance tax charge on farms was announced in 2024, ending a long-standing exemption for

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Business

BTC struggling below $100k: Was 2025 a bullish year for Bitcoin?

The cryptocurrency market has had one of its most rollercoaster years since Satoshi Nakamoto launched Bitcoin 16 years ago. The market began the year with a bang, with Bitcoin and other major cryptocurrencies racing to new all-time highs. However, the market has been shaky, thanks to various macroeconomic factors such as interest rates, trade wars,

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Business

XRP and Solana see inflows despite crypto ETPs suffering outflows worth $952M

Digital asset exchange-traded products (ETPs) experienced significant net outflows last week, with the latest report showing over $952 million in weekly outflows across crypto ETPs. This follows a week marked by renewed price downturn, with Bitcoin falling to support below $85,000 and Ethereum under $2,700. While BTC and ETH products saw capital exits, Solana and

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