Unlike the FTX collapse, the $89 million Coldcard exploit has investors sending bitcoin back to exchanges
The Coldcard vulnerability has smaller bitcoin holders moving funds onto exchanges for safety, according to blockchain analytics firms. This is opposite of the…
Strategy holds STRC dividend at 12%
Customarily, Michael Saylor and team have lifted the STRC dividend when it trades sizably below par, but not this month. Source:CoinDesk
Tokenized stock trading surged 288% in July, but one QQQ token drove most of it
Without that QQQ token, QQQB, July volume for tokenized equities would be roughly $2.03 billion, about 30% below June’s total. Source:CoinDesk
Bitcoin mining difficulty shrinks 14% from this year's high as plunging revenues force operators to pivot
Difficulty falls as weak mining economics reduce capacity, while forward markets signal little relief through yearend. Source:CoinDesk
Binance founder CZ calls for wallet diversification after $70 million Coldcard exploit
Binance founder Changpeng Zhao says hardware wallets can still have bugs and suggests spreading funds across multiple wallets after the major Coldcard security…
Bitcoin ETFs end July in the green despite late-month selling
Spot Bitcoin ETFs attracted $172.4 million in July inflows but remained $5.3 billion negative year to date after heavy withdrawals in May and June.…
Bitcoin holds July gain as 'forced-selling fuel was already spent,' analysts say
The largest crypto shrugged off a barrage of bad news this month, but traders remain cautious as rate hike fears and jobs data loom. Source:CoinDesk
US Treasury yields rise as TIPS challenge the inflation narrative
TIPS data points to rising real yields, not inflation, a dynamic that weighs on nonyielding assets like Bitcoin. Source:Cointelegraph
Bitcoin price sinks to 2-week lows as US stocks fail to copy Asia rebound
Bitcoin saw fresh downside pressure as US stocks tracked sideways into the end of the month, diverging from the relief bounce seen in Asia. Source:Cointelegraph
Quantum computing nears commercial breakthrough, IBM CEO says
Arvind Krishna said quantum computing will begin generating meaningful revenue before the decade ends as investment in the sector accelerates, in an interview…
Crypto faces 3 barriers to next bull run, STS Digital CEO says
Institutional options selling, AI and delayed U.S. crypto regulation are weighing on bitcoin, according to STS Digital CEO Maxime Seiler. Source:CoinDesk
Coinbase's weak quarter leaves Wall Street split on timing of a recovery
Most analysts blamed a weak crypto market for Coinbase's earnings miss, though opinions diverged on when trading activity will recover. Source:CoinDesk