There’s an old saying that “every coin has two sides.” It applies perfectly to the multimillion-dollar hack of the hardware wallet Coldcard that began on July 30 and is still in progress. On one hand, the hack raised questions about the safety of taking direct custody of coins in hardware wallets as a long-term holding
Circle (CRCL) shares rose about 10% in premarket trading Wednesday after the stablecoin issuer reported second-quarter earnings that topped profit expectations, even as revenue came in slightly below Wall Street forecasts. The company posted adjusted earnings of 18 cents a share, beating analysts’ consensus estimate of 16 cents, while revenue and reserve income rose 7%
Circle has unveiled the founding institutional validators for its Arc blockchain network as it prepares for a Sept. 16 public mainnet launch, according to a Wednesday press release. Advertisement The company also announced major institutional integrations, with BlackRock expected to deploy its BUIDL fund on Arc and DTCC collaborating on tokenized asset infrastructure tied to
Crypto finance company BIT (formerly Matrixport) assessed that a potential weakening of the US dollar and expectations of interest rate cuts could support both Bitcoin and gold prices. The analysis published by the company stated that macroeconomic conditions could simultaneously have a positive impact on both risky assets and gold, which is seen as a
A historically profitable bitcoin BTC$64,196.50 trading rule, built around the cryptocurrency’s four-year halving cycle, is pointing toward another potential buying opportunity. But this time around, the pattern might not work as well as before, as spot bitcoin ETFs and institutional investors influence the market more than ever before. The “500-Day Rule,” popularized by Pantera Capital
For years, bitcoin $BTC$64,196.50 trounced stocks and most other assets, and supporters pointed to that outperformance as proof it was the best store of value around. Now, one chart suggests that edge may be fading. That chart is the S&P 500-to-bitcoin ratio. It measures how much bitcoin it takes to buy the index. Today it
Bitcoin’s price recovery from the dip to $62,200 continues, as the asset has added two grand and now sits confidently above $64,000. It appears that the market is pricing in the latest positive development on the Middle East uncertainty. A report from Axios from earlier this morning indicated that the US, Iran, and Oman are
U.S. spot Bitcoin exchange-traded funds recorded net inflows of approximately $211.5 million on Aug. 4, marking a second consecutive trading day of positive flows, according to data from Farside Investors. The latest figures suggest a rebound in investor appetite for regulated crypto exposure after a period of mixed activity. BlackRock and Fidelity Lead the Inflows
Bitcoin and other majors were little changed on Wednesday even as global equities pushed to fresh records on renewed enthusiasm for the AI trade, leaving crypto out of a rally it would normally follow. BTC traded just above $64,000, up under 1% on the day and roughly flat over seven days. Ether slipped to $1,864
BitMEX cofounder Arthur Hayes published a new essay, “Situationship,” on Aug. 4, 2026, arguing that the artificial intelligence (AI) infrastructure boom could end as a credit crisis rather than a dot com style equity collapse. Hayes framed data centers as leveraged real estate containing computing equipment that can lose economic value as newer chips become