Bitcoin ETFs Bounce Back With $408 Million Inflow

Bitcoin ETFs rebounded in force with a $408 million net inflow, marking a sharp reversal from the previous day’s outflow. Ether ETFs, meanwhile, posted a minor $1.82 million outflow, weighed down by a large exit from Blackrock’s ETHA. Bitcoin Funds Rally After Brief Lull as Eight Spot ETF Products Log Inflows Bitcoin exchange-traded funds (ETFs)…

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IMF denies Pakistan’s proposal to offer cheap power to Bitcoin, crypto miners

Key Takeaways The IMF rejected Pakistan’s proposal to offer subsidized electricity rates for crypto mining and energy-intensive industries. Despite electricity surpluses, the IMF is concerned about market distortions and has only approved limited relief plans for the power sector. Share this article The International Monetary Fund (IMF) has dismissed Pakistan’s proposal to lower electricity costs…

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Israeli quantum startup Qedma just raised $26 million, with IBM joining in

Despite their imposing presence, quantum computers are delicate beasts, and their errors are among the main bottlenecks that the quantum computing community is actively working to address. Failing this, promising applications in finance, drug discovery, and materials science may never become real. That’s the reason why Google touted the error correction capacities of its latest…

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