A new address bought 9,486 ETH in one hour, worth approximately $44.78 million.

PANews reported on September 13 that according to SoSoValue data, the Ethereum spot ETF had a total net inflow of US$406 million yesterday (September 12, US Eastern Time). The Ethereum spot ETF with the largest single-day net inflow yesterday was the Fidelity ETF FETH, with a single-day net inflow of US$168 million. The current historical total net inflow of FETH has reached US$2.859 billion. The second is Blackrock ETF ETHA, with a single-day net inflow of US$166 million. The current historical total net inflow of ETHA has reached US$12.886 billion. As of press time, the total net asset value of the Ethereum spot ETF was US$30.352 billion, the ETF net asset ratio (market value as a percentage of Ethereum's total market value) reached 5.38%, and the historical cumulative net inflow has reached US$13.363 billion.

Elon Musk’s AI startup xAI reportedly cut at least 500 people from its data-annotation ranks on Friday night. The company informed its staff by email that the company is shrinking its group of generalist AI tutors and shifting resources to specialists. The internal note, reviewed by Business Insider said “After a thorough review of our […]

Cardano (ADA) ticks lower by over 1% at press time on Friday, marking its fifth consecutive bearish day. Amid a declining trend, Charles Hoskinson’s $100 million investment plan raises uncertainty among Cardano whales, resulting in a 230 million ADA shift in just three days.