Author: kumbhorg

BlackRock’s spot Bitcoin ETF, trading under the ticker IBIT, have overtaken BlackRock flagship S&P 500 ETF (IVV) in annual revenue generation. Despite being a fraction of its size in terms of assets under management, IBIT’s surge is pivotal. It indicates an increase in institutional demand for regulated Bitcoin exposure. According to 2 July 2025 Bloomberg report, IBIT’s higher expense ratio of 0.25% has propelled it ahead of the iShares Cor S&P 500 ETF IVV. Notably, IVV charge a nominal 0.03% fee in terms of annual fee income. So the higher fee structure of IBIT, combined with the surging interest in…

Enjoyed this article? Share it with your friends! The US Department of Justice has recovered $40,300 in cryptocurrency that was stolen in a scam involving a fake Trump-Vance Inaugural Committee email. On December 24, 2024, a donor received an email that appeared to come from Steve Witkoff, the committee’s co-chair, according to the Department of Justice’s press release on July 2.The message used a nearly identical domain name to the real one, which swapped the letter “i” for a lowercase “l” in “t47lnaugural.com”. Did you know? Want to get smarter & wealthier with crypto? Subscribe – We publish new crypto…

FX option expiries for Jul 3 NY cut at 10:00 Eastern Time vi a DTCC can be found below.EUR/USD: EUR amounts1.1550 3.4b1.1600 5.6b1.1625 1.9b1.1650 1.4b1.1700 4.3b1.1725 1.4b1.1750 2.6b1.1770 1.3b1.1775 3.2b1.1800 8.4b1.1825 1.7b1.1850 2.4b1.1900 1.8bGBP/USD: GBP amountsUSD/JPY: USD amounts                                 142.00 1.5b144.00 1b144.50 1b145.00 1.8bAUD/USD: AUD amounts0.6500 1b0.6550 622m0.6600 1.4bUSD/CAD: USD amounts       1.3500 1.1b1.3600 2.5b1.3725 956mEUR/GBP: EUR amounts        0.8500 517m0.8590 473m0.8640 523m

When you picture a machine learning class, you might imagine a sea of code, dense math, and a professor droning on in a dark lecture hall. But for Professor Peter Chin, the experience is anything but that. It’s personal, dynamic, and rooted in a belief that learning should be rigorous and human. As one of the founding faculty members of Dartmouth’s online Master of Engineering in Computer Engineering, Professor Chin is not only shaping the way students learn machine learning remotely, he’s helping redefine what a modern graduate engineering education can be. Background and Motivation: From BU to Hanover—and into…

By the end of May 2023, she’d undergone three surgeries: A nipple delay, lymph node dissection and double mastectomy. And because she and John still had dreams of growing their family, she had an egg retrieval procedure, which she’d done twice before, the following month and created embryos.”That’s a scary process because I have a cancer that feeds off of hormones, so I knew there was a risk,” the Your Friends & Neighbors celeb remembered on GMA. “And our doctor said, ‘Look, we’re gonna get one for you and then we’re gonna call it.’ Our doctor called and he said,…

When we think of Rob Reiner’s groundbreaking and beloved mockumentary “This Is Spinal Tap,” we remember the customized Marshall amp where the numbers all go to 11, and the timeless observation that “It’s such a fine line between stupid and clever,” and the priceless visual gags involving the disastrously tiny Stonehenge prop and the band getting hopelessly lost in a maze of backstage corridors in Cleveland. All of those Greatest Hits moments, and many more, once again killed when I watched the meticulously remastered and remixed “Golden Anniversary” edition of “Tap,” playing in theaters July 5-7—but I was also struck…

Last week, Fed Chairman Jerome Powell delivered his semiannual monetary policy report to Congress. Fed watchers will find lots to chew on, but the really interesting material comes in his responses to legislators’ questions. In particular, Powell’s statements about the Fed’s role in credit allocation deserve a closer look. Senator Mike Rounds (R-S.D.) asked the Fed chairman about shrinking the Fed’s massive (~$6.6 trillion) balance sheet. This would move the Fed back from an abundant reserves system to a scarce reserves system. Chairman Powell responded that the abundant reserves system was: …a result of the global financial crisis and the…

Source : Satyajit Das, Financial Times

Former South Africa fast bowler Dale Steyn minced no words in criticizing India’s surprising decision to rest premier pacer Jasprit Bumrah for the second Test of the ongoing five-match series against England.Dale Steyn lashes out at India management for benching Bumrah with Cristiano Ronaldo analogyDrawing a sharp comparison to football, Steyn likened the move to “Portugal benching Cristiano Ronaldo,” questioning the logic behind leaving out a player of such stature and impact. Taking to social media, Steyn wrote with visible disbelief, “So Portugal have the best striker in the world in Ronaldo and they chose not to play him. That’s…

Real Madrid made their way into the quarter-final of the FIFA Club World Cup after defeating Juventus 1-0 in their last 16 clash. Los Blancos’ victory means they will face a familiar foe, Borussia Dortmund, in the next round. Garcia the Hero Again as Madrid Edged Juventus Xabi Alonso’s men were eager to advance into the next round as they’re keen on winning the new Club World Cup format following a disappointing season. However, they were facing a stern test against Juve, who are also keen on getting far in the tournament. Madrid were able to dominate proceedings since the…