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Tag: Bitcoin

Strategy Sells 1,690 Bitcoin for $108.6 Million, Lifts USD Reserve to $4.65 Billion

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Strategy sold 1,690 BTC for $108.6 million between Aug. 3 and Aug. 9 at an average price of $64,262 Bitcoin holdings fell to 840,447 BTC with an average acquisition cost of $75,385 The firm raised $653.1 million via MSTR share sales and added $650 million to its USD reserve, reaching $4.65 billion BTC sale proceeds funded the repurchase of 1,152,020 STRC preferred shares Bitcoin treasury company Strategy sold 1,690 BTC...

Bitcoin, Cryptocurrencies, News

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Bitcoin Holds Firm Above $65,000 as ETF Inflows Counter Strategy Sales Ahead of CPI

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Bitcoin climbed above $65,000 on Monday, gaining nearly 3% over the week, supported by strong US spot Bitcoin and Ether ETF inflows totaling around $1.1 billion—the strongest weekly haul since mid-April. A weak US jobs report eased fears of further Federal Reserve rate hikes, providing a risk-on backdrop ahead of the July CPI inflation data due Wednesday. Despite Strategy (formerly MicroStrategy) disclosing the sale of 1,690 BTC for...

Altcoins, Bitcoin, Crypto market, Cryptocurrencies, ETF

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Crypto Market Holds Steady Amid CLARITY Act Delay and ETF Strength

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Bitcoin and the broader crypto market traded in a tight range this week near $64,000-$65,000 as regulatory uncertainty collided with resilient institutional demand. The U.S. Senate’s decision to postpone the CLARITY Act vote until after the August recess removed a key near-term catalyst, yet spot Bitcoin ETFs recorded roughly $750 million in net inflows—the strongest weekly haul since April—while whales accumulated over 20,000 BTC. CLARITY...

Altcoins, Bitcoin, Crypto market, Cryptocurrencies, ETF

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Bitcoin’s Post-Coldcard Migration - Self-Custody Crisis or Exchange Resurgence.

Bitcoin’s Post-Coldcard Migration: Self-Custody Crisis or Exchange Resurgence?

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A five-year-old firmware build error in Coldcard hardware wallets turned one of Bitcoin’s most trusted self-custody tools into the largest hardware wallet exploit on record. Starting July 30, 2026, attackers exploited weak entropy in seed generation—routing through a software PRNG instead of the intended hardware RNG—draining roughly 1,600–2,000 BTC (estimates ranging $116–130 million) across thousands of addresses in successive waves. No...

Bitcoin, Exchanges, Main, Wallets

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Senate Delays Clarity Act Vote to September as Democrats Block Pre-Recess Action

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Senate Majority Leader John Thune confirmed the Clarity Act procedural vote is delayed until September. Democrats insisted on no vote before the August recess amid midterm election concerns. The bill requires 60 votes and faces unresolved issues including ethics provisions and stablecoin rewards. Industry groups pledge to continue negotiations ahead of the limited September legislative window. The U.S. Senate will not vote on the Digital...

Bitcoin, Crypto regulation, Cryptocurrencies, News, Regulation

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