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Search results for Jan. 30

Crypto

Bitcoin, Ethereum ETPs see $1 billion outflow; altcoins mixed

Crypto exchange-traded products (ETPs) saw a $1.07 billion outflow last week, ending a six-week run of inflows. CoinShares data showed withdrawals concentrated in bitcoin and ether products. U.S. investors pulled $1.14 billion, while some European markets posted small inflows. XRP and Solana products attracted funds. The moves coincided with a late-week dip in the S&P 500 and concerns about oil shipping disruptions near the Strait of Hormuz.

Crypto

Ethereum slips below $2,150 as selling pressure and ETF outflows deepen losses

Ethereum slid below $2,150 after failing to break through $2,400, with analysts pointing to a shift in short-term control to sellers. The drop was linked to aggressive sell orders in Binance futures and outflows from Ethereum investment products. Spot Ethereum ETFs posted five straight sessions of net outflows totaling $255 million, while global Ethereum products also saw heavy weekly withdrawals. Some analysts flagged $2,000 to $2,100 as a near-term support zone.

Games & Commerce

Olive Young\'s Olive Better marks 100 days, foreign sales share nears 50 percent

CJ Olive Young said on Wednesday its wellness curation platform Olive Better has marked 100 days since launch, and disclosed key results. More than half of the top 30 products by sales at Olive Better stores were wellness shots and gummies as of the end of last month, it said. The foreign customer sales share at the Gwanghwamun store rose from 7 percent in early February to nearly 50 percent by the end of April.