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Ethereum Spot ETF Sees $98M Inflow Amid Bullish Market Moves
On August 6th, the Ethereum spot ETF witnessed an impressive net inflow of $98.30 million, signaling a robust confidence in $ETH among investors. The Grayscale ETF ETHE saw an outflow of $39.73 million, suggesting some sell-offs in the market. However, the BlackRock ETF ETHA attracted a significant inflow of $110 million, showcasing bullish sentiment. Additionally, the Fidelity ETF FETH contributed an inflow of $22.49 million, further boosting the overall inflow. The total net assets for the Ethereum spot ETF now stand at a remarkable $7.06 billion. With Ethereum currently trading at $2,461.33, up by 1.03% over the last day, the...
ETFs Halted Excessive Price Drain: Will Ethereum (ETH) Bounce Back to $3000 This Week?
The crypto markets appear to have recovered from the recent losses as the global market capitalisation soared back above $2 trillion in the early trading hours. Meanwhile, the Ethereum price reclaimed $2500 as Bitcoin surged back above $57,000. The top two tokens appear to be approaching the major resistance and, if achieved, are believed to have risen above the bearish influence. Despite a major recovery, the question remains the same: whether the Ethereum (ETH) price will regain $3000 and sustain above the range. After a massive loss, Ethereum surged around 4%., reclaiming $2500, which seems to be attributed to the...
Salesforce Analysis Finds Businesses Eager for AI but Concerned About Trust, Data, and Ethics
Published: Aug 5, 2024 by Joshua Sophy In Small Business News Salesforce’s recent analysis reveals that businesses are keen to adopt artificial intelligence (AI) technologies, yet significant concerns about trusted data, ethics, and organizational policies threaten to impede progress. The “Trends in AI for CRM” report, based on multiple studies, highlights the rapid integration of AI across various sectors while underlining the challenges that need addressing. According to the report, nearly half of customer service teams, over two-fifths of salespeople, and a third of marketers have fully implemented AI to enhance their operations. However, 77% of business leaders are worried...
