Bitcoin Whales Scooped 40,100 BTC Worth $2.6 Billion in Nine Days
Large Bitcoin wallets accumulated 40,100 BTC worth $2.6 billion over nine days beginning in late July. This buying preceded a $233 million institutional inflow that arrived days later.
Read full story →3 Earnings Misses Later, Wall Street Will Not Give Up on Coinbase Stock
Coinbase missed earnings expectations for the third consecutive time, prompting analysts to lower their stock price targets. Despite the misses, most analysts maintained buy ratings and continue recommending the stock to clients.
BlackRock Bitcoin Buying Rebounds as ETF Investors Sit 22% Underwater
BlackRock clients purchased $273 million in Bitcoin over two days as the cryptocurrency declined. Average US spot Bitcoin ETF investors currently face losses of 22% on their positions.
Coinkite Releases Fixed Firmware After Coldcard Bug; AI Likely Involved In The Breach
A latent bug in Coinkite's Coldcard firmware was discovered, prompting the release of a fixed version. The vulnerability was likely identified using AI-assisted code review tools that can detect security issues faster than experienced human experts.