Headlines

US crypto ETFs smash new record amid 4-week inflow streak

Cryptocurrency investment products continued receiving healthy inflows last week, attracting $882 million as global crypto funds approached all-time high asset levels. Global crypto exchange-traded products (ETPs) recorded $6.3 billion of inflows in the past four weeks, accounting for 93% of total inflows year-to-date (YTD), according to data from European crypto investment firm CoinShares. Total YTD…

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Why Has the Closet Taken on a New Allure?

To some, it also feels — there is no way to express this that is culturally or politically defensible, so let’s lay that aside for the moment — kind of hot. Many people get off on the transgressive, and there’s an argument to be made that today, being gay isn’t, but being closeted is. Films…

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Crypto custodian BitGo secures MiCA license in Germany

Goldman Sachs-backed cryptocurrency custody firm BitGo is the latest cryptocurrency company to secure regulatory approval to operate across the European Union. Germany’s financial regulator, the Federal Financial Supervisory Authority (BaFin), granted BitGo Europe a Markets in Crypto-Assets Regulation (MiCA) license to provide digital asset services in the EU, the firm announced on May 12. The…

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Moët Hennessy woes test Alexandre Arnault’s credentials

By Reuters Published May 12, 2025 Bernard Arnault’s son, Alexandre, has been handed a daunting challenge: reviving Moët Hennessy, the drinks division of LVMH, which currently stands as the group’s worst-performing unit amid an escalating tariff war. Can Alexandre Arnault revive Moët Hennessy’s sparkle? – Reuters If he succeeds, the 33-year-old could gain a competitive…

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