Four newly created anonymous wallet addresses have collectively withdrawn 1,540 Bitcoin — worth approximately $99.4 million — from crypto custodians Galaxy Digital and BitGo within the past three hours, according to on-chain analytics platform Lookonchain. Large exchange outflows are often interpreted by market analysts as a signal that investors intend to hold their assets long-term,
Bitcoin Holdings Anchor Strategy’s Corporate Ambition Strategy Inc. (Nasdaq: MSTR) reiterated its ambition to become the world’s largest company by market capitalization in an Aug. 5 post on X, reaffirming a goal it first outlined in its Q2 2026 financial results presentation released on July 30. The company said it plans to achieve that objective
Dukhan Bank became part of J.P. Morgan’s Blockchain Deposit Account network, Kinexys, on August 3, 2026. It is the first Sharia-compliant lender in Qatar to operate on the system. The move provides the bank’s corporate and institutional clients with around-the-clock cross-border settlement and expands J.P. Morgan’s already sizable presence among Gulf banks. Dukhan Bank taps
As Bitcoin ($BTC) price rebounded above $64,000 on August 5, Aksel Kibar, a former fund manager, expects a possible rally to above $67,000 in the short term. Kibar argued that Bitcoin price could be eyeing a retest of the resistance level around $67,200 in the near term, according to his August 4 X post, which
Galaxy Digital (NASDAQ: GLXY) and TeraWulf (NASDAQ: WULF), two pure play Bitcoin miners to have made the AI pivot, saw contrasting fortunes as both firms turned in their respective scorecards for the second quarter of 2026 on August 5. Both firms’ relatively nascent AI data center businesses did a lot of the heavy lifting in
Block (NYSE: XYZ) shares gained more than 4% in late trading after the payments company posted second-quarter numbers above Wall Street forecasts. Adjusted earnings reached $1.02 per share for the three months through June 30. Analysts following London Stock Exchange Group (LSE: LSEG) were expecting 87 cents per share. The quarterly income came to $6.62
Michael Burry, a former American hedge fund manager and investor known as ‘The Big Short,’ has revealed some new stock portfolio updates, doubling down on his bearish outlook. As revealed in an August 4 Substack post, Burry exited his long position in Microsoft (NASDAQ: MSFT), closed his short position in Oracle (NYSE: ORCL), and covered