Trump Media Sells Another $165M in Bitcoin, Booking a Fresh Loss
Trump Media has continued reducing its BTC exposure after another major sale at a loss.
PoW & Bitcoin mining headlines grouped by the Bitcoin block at each article’s publication time.
Chain tip: Block #960,766
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Trump Media has continued reducing its BTC exposure after another major sale at a loss.
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The winner actually had the best month in terms of market performance in a year.
XRP funds led altcoin inflows in July, extending a four-month streak that increasingly separates them from most rival products. The US-listed funds attracted $27.29 million during the month, nearly twice Solana’s $14.62 million intake, according to SoSoValue data. Chainlink followed with $4.54 million, while Hedera products added $3 million. Bitcoin and Ethereum remained the dominant […] The post XRP extends the longest active ETF inflow streak in crypto as rival funds struggle for fresh cash appeared first on CryptoSlate .
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BIP-110 activation is called off after the Coldcard wallet flaw, with miner support at just 2.53% against a 55% bar. The post BIP-110 Activation Frozen After Coldcard Exploit: Is the Soft Fork Dead? appeared first on BeInCrypto .
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Coldcard’s wallet crisis has shaken Bitcoin sentiment, blurred on-chain signals and exposed a recurring weakness in AI-assisted cyber defenses. On July 30, hardware maker Coinkite warned users that wallets generated with affected Coldcard firmware could be drained because a software error produced seed phrases with far less randomness than intended. This security incident, Galaxy Research […] The post Coldcard’s $89M wallet bug triggers the biggest Bitcoin movement since FTX and completely distorts market signals appeared first on CryptoSlate .
Galaxy Research says a third wave of thefts from Coldcard Bitcoin wallets has pushed observed losses to roughly 1,367 BTC across 4,585 addresses.
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U.S. persons must block covered property and report within 10 business days, while foreign exposure hinges on conduct and nexus. The post The US just blacklisted the Iranian maritime scheme forcing commercial ships to pay Bitcoin tolls for safe passage appeared first on CryptoSlate .
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Bloomberg’s Eric Balchunas shares his take on a $89 million drain from Coldcard hardware wallets and how it provides the ultimate bull case for regulated spot Bitcoin ETFs.
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The Supreme Court gave Donald Trump a pretty direct answer in February: the emergency law he had used to tax imports from nearly everywhere didn't give him the authority to impose tariffs. However, Washington didn't see that as a locked door and treated it more like a disappointing result from a key-cutting machine. The administration […] The post Trump’s legal loophole around the Supreme Court is keeping inflation alive – and trapping Bitcoin in the Fed’s crosshairs appeared first on CryptoSlate .
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Bitcoin continues to trade without a decisive directional bias as both buyers and sellers defend key technical levels. Until one side forces a confirmed breakout, the current environment is likely to remain dominated by range-bound price action and short-term liquidity grabs. Bitcoin Price Analysis: The Daily Chart The daily chart suggests Bitcoin is still locked […]
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Dogecoin contributor urges urgent step that could protect funds from risk.
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As Strategy absorbs a massive $8.2 billion loss, Michael Saylor fires back with a signature "Bitcoin Drive" teaser for investors.
A Canadian entrepreneur lost more than $1.6 million in Bitcoin (BTC) from a Coldcard hardware wallet in under seven minutes, part of a wave that may total 1,367.05 BTC. The case exposes an uncomfortable truth about self-custody: doing everything right may not be enough. How One Holder Lost 18 BTC in Seven Minutes Cold storage The post $1.6 Million Drained in a Blink: User Recounts His Dramatic Coldcard Wallet Hack appeared first on BeInCrypto .
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Iran denied Trump's Strait of Hormuz deal claim. Oil rose 2.4%. Bitcoin held near $63,101 and barely moved. The post Iran Denies Trump’s Hormuz Deal, Oil Jumps but Bitcoin Watches appeared first on BeInCrypto .
Ethereum outpaced Bitcoin in July as stronger investment-product demand and corporate accumulation powered its first sustained relative advance in months. Data from CryptoSlate shows that ETH gained 19% during the month, climbing as high as $1,970 before retreating to $1,868 as of press time. Bitcoin rose 8% over the same period but repeatedly failed to […] The post Ethereum just outpaced Bitcoin with $365 million in ETF inflows, but on-chain data shows the real bottom isn’t in yet appeared first on CryptoSlate .
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The crypto market shows a mixed outlook today, August 2, with some crypto coins edging higher, while others are dropping. Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are up slightly as traders brace for another week where two crypto companies, Mara Holdings (NASDAQ: MARA) and Circle (NYSE: CRCL), will report earnings. Ad Ad Crypto Market The post Crypto Market Update August 2: Bitcoin, Ethereum, XRP Stall Ahead of Another Busy Earnings Week appeared first on CoinGape .
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The Coldcard vulnerability has smaller bitcoin holders moving funds onto exchanges for safety, according to blockchain analytics firms. This is opposite of the trend seen following the FTX collapse in late 2022.
A $20 billion AI hedge fund gained 439% through June, lost roughly two-thirds of its value in July, and sold most of a $16 billion public-stock portfolio as leverage turned against it. The collapse offers a warning for Bitcoin: when Wall Street needs cash quickly, the first asset sold may not be the one that […] The post The sudden collapse of a $20 billion AI fund reveals why Bitcoin is the first thing Wall Street sells when margin calls hit appeared first on CryptoSlate .
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While Ethereum signals an early breakout, Bitcoin paints an inverse head-and-shoulders pattern with a make-or-break target at $67,200.
Craig Wright, the Australian computer scientist who claims to be Bitcoin creator Satoshi Nakamoto, has argued that the network’s protocol should never be changed.