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View More NewsUS-listed spot Bitcoin exchange-traded funds (ETFs) returned to outflows, reversing the previous week’s short-lived return to positive flows.Spot Bitcoin ETFs recorded $424.66 million in net outflows on Monday, marking their biggest single-day withdrawal in July so far, according to SoSoValue data.The latest outflow reversed last week’s $197.4 million new inflows, which had briefly ended an eight-week run of weekly withdrawals and raised hopes that institutional demand was recovering.The renewed selling leaves ETF demand fragile after a record outflow month in June, even as some onchain data show large Bitcoin holders accumulating.Bitcoin ETFs log $5.8 billion in net outflows this yearUS…
Artificial intelligence now helps write more than 95% of Coinbase’s code, offering new insight into the crypto exchange’s AI strategy following its decision to cut 14% of its workforce earlier this year. Coinbase cut 700 staff in May. In an email to employees, Coinbase CEO Brian Armstrong said AI has “dramatically” changed the pace of work and there was a need to “return to the speed and focus of our startup founding, with AI at our core.” “Effectively, 100% of our employees are using AI on a daily basis here,” Coinbase’s head of platform, Rob Witoff, told Cointelegraph. “And close to 100%…
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Opinions & Debates
Four years ago, a colleague asked me whether I could chair a debate with some guy called ‘Gary Stevenson’, who was, apparently, an anti-inequality campaigner and a YouTube commentator of some description. I had never heard of Stevenson, but accepted. The debate went all right, even though it was mostly a case of talking past each other (which, given that I was the moderator, was probably my fault). It was otherwise not especially memorable. Britain does not exactly have a shortage of left-wing media figures and activists. In the first half of the 2010s, there was the campaign for a…
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Where exactly are the lines drawn around speech about the Israeli-Palestinian conflict? It’s one of the most pressing free speech questions today, given both…
This year the state of New York had the dubious honor of being the first to pass a controversial provision to mandate all 3D…
The Clarity Act will need to be sold to a large number of Democrats in the coming days, if it’s going to advance from…
Shares of CleanSpark surged as much as 22% on Tuesday after the Bitcoin miner announced a 20-year data center lease in Georgia, reflecting its…
In brief Compass Point analysts reiterated a bearish $140 price target for Coinbase, warning of fierce competition in the derivatives space. While Coinbase secured…
Today the Supreme Court summarily reversed an Eleventh Circuit capital case, Whitton v. Dixon. Justice Thomas dissented, joined for the most part by Justice Alito.…
Strategy (MSTR), the company whose bitcoin accumulation strategy inspired a new generation of so-called digital asset treasury firms, sold BTC for the first time…
The hacker behind the $293 million Kelp DAO exploit has laundered nearly all of the unfrozen stolen funds, or about $220 million, in just…
In brief ETH treasury firm BitMine Immersion Technologies added another $52 million in Ethereum. Meanwhile, its Bitcoin counterpart Strategy sold $2.5 million worth of…
from the goes-wherever-the-hate-leads-him dept CBP Commander-at-Large Gregory Bovino made that title literal by showing up wherever Trump needed trouble started. Once he had arrived…
How To Win a Trade War: An Optimistic Guide to an Anxious Global Economy, by Soumaya Keynes and Chad Bown, Simon & Schuster, 288…
Disclosure: The author of this story owns shares in Strategy (MSTR).Strategy (MSTR) Executive Chairman Michael Saylor appeared to underscore the company’s focus on its…