Gold and US stocks stole the limelight on Wednesday as Bitcoin failed to gain significantly beyond $64,000.
Crypto whales accumulate as bear market nears late stage: CryptoQuant
Bitcoin, Ethereum and XRP whales increased balances during market weakness, as CryptoQuant said large holders are absorbing supply ahead of a possible bottom.
Do the Coldcard attacks mean all hardware wallets are now insecure?
The Coldcard entropy flaw caused a crisis of confidence in hardware wallets. Here’s the details you need to know before you entrust Ledger, Trezor or Foundation with your Bitcoin.
Galaxy reports $85M net loss amid Q2 crypto market slump
Galaxy Digital reported an $85 million net loss driven by falling digital asset prices and $8.7 billion in revenue that missed Wall Street estimates.
Mastercard, Borderless test shared identity checks for stablecoin transfers
Mastercard and Borderless are exploring ways to bring more trust into cross-border stablecoin transfers through the payment processing giant’s Crypto Credential framework.
Binance sues RedotPay over alleged $473 million user losses: Report
Binance-linked companies sued RedotPay, accusing it of diverting more than 470,000 Binance Card users under a commercial deal and seeking nearly $473 million in damages.
Circle Q2 revenue falls short of Wall Street estimates
Stablecoin issuer Circle reported $701 million in Q2 revenue, missing Wall Street estimates of about $713 million.
Bitcoin ETFs log inflows as cold wallet hack reignites custody debate
US spot Bitcoin ETFs drew $382 million in two-day inflows, with Galaxy’s Bitcoin ETF returning to gains as the Coldcard incident renewed custody concerns.
S&P gives BlackRock tokenized reserve fund top stability rating
The rating recognizes the fund’s ability to maintain a stable net asset value, while S&P separately reaffirmed USDT among the lowest-rated stablecoins under its existing assessment framework.
Bitcoin price-metric basket sees longest capitulation since FTX blow-up: Glassnode
Glassnode confirmed that its aggregate BTC price cycle tool was in its coldest phase since the collapse of FTX in late 2022.