Crypto Currency

Bitcoin ETFs Lose $82 Million As BlackRock Leads Friday’s Withdrawals

TL;DR: US spot Bitcoin ETFs recorded approximately $82.4 million in net outflows on October 16. BlackRock’s IBIT accounted for $71.8 million of withdrawals, with Fidelity’s FBTC recording about $10.6 million. BlackRock’s flagship spot Bitcoin ETF accounted for most of the selling as US-listed Bitcoin investment funds closed Friday’s session with net withdrawals of approximately $82.4

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Bitcoin ETFs Lose $82 Million As BlackRock Leads Friday’s Withdrawals

TL;DR: US spot Bitcoin ETFs recorded approximately $82.4 million in net outflows on October 16. BlackRock’s IBIT accounted for $71.8 million of withdrawals, with Fidelity’s FBTC recording about $10.6 million. BlackRock’s flagship spot Bitcoin ETF accounted for most of the selling as US-listed Bitcoin investment funds closed Friday’s session with net withdrawals of approximately $82.4 million…
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Crypto Currency

Bitcoin Blockchain Backs Sui Network Contracts and Agent Payments

TLDR: Sui Network reported more than $500 million in institutional commitments for its DeFi protocols, but it did not disclose deployed liquidity or adoption figures. The Bitcoin blockchain remains the security reference for Sui contracts, which carry cryptographic rights tied to Bitcoin rather than replacing the original chain…

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Bitcoin Blockchain Backs Sui Network Contracts and Agent Payments

TLDR: Sui Network reported more than $500 million in institutional commitments for its DeFi protocols, but it did not disclose deployed liquidity or adoption figures. The Bitcoin blockchain remains the security reference for Sui contracts, which carry cryptographic rights tied to Bitcoin rather than replacing the original chain…
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Crypto Currency

Did Satoshi Get Bitcoin Wrong? Claude’s NSA Discovery Sparks Debate

For 25 years, one suspicion haunted the mathematics protecting much of the internet: had the NSA secretly built a way to crack it? Now, an AI model may have weakened that theory. And Bitcoin’s creator is suddenly part of the argument. On Friday, Anthropic revealed that its Claude AI model solved a mystery that had

Published 1 hour ago in
Did Satoshi Get Bitcoin Wrong? Claude’s NSA Discovery Sparks Debate

For 25 years, one suspicion haunted the mathematics protecting much of the internet: had the NSA secretly built a way to crack it? Now, an AI model may have weakened that theory. And Bitcoin’s creator is suddenly part of the argument. On Friday, Anthropic revealed that its Claude AI model solved a mystery that had
The post Did Satoshi Get Bitcoin Wrong…
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Crypto Currency

Arthur Hayes Says OpenAI and Anthropic Are Worthless and Bitcoin Wins

Bitmex co-founder Arthur Hayes says the artificial intelligence boom is burning cash on a government backstop, and that the bigger it gets, the higher bitcoin goes. The Arguments Put Forth by Hayes Hayes laid out the convictions on the Convergence podcast with Luke Martin, with his four key talking points being: Money is being wasted…

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Arthur Hayes Says OpenAI and Anthropic Are Worthless and Bitcoin Wins

Bitmex co-founder Arthur Hayes says the artificial intelligence boom is burning cash on a government backstop, and that the bigger it gets, the higher bitcoin goes. The Arguments Put Forth by Hayes Hayes laid out the convictions on the Convergence podcast with Luke Martin, with his four key talking points being: Money is being wasted…
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Crypto Currency

The hidden trade behind Strive’s 16.7% Bitcoin income offer

There’s a Bitcoin company that’s now offering investors a 15% annual dividend, paid in small installments every business day. While a 15% dividend is high enough to grab everyone’s attention, the more revealing number is what buyers agreed to pay for it. On Oct. 15, Strive priced seven million shares of its new SATS preferred…

Published 1 hour ago in
The hidden trade behind Strive’s 16.7% Bitcoin income offer

There’s a Bitcoin company that’s now offering investors a 15% annual dividend, paid in small installments every business day. While a 15% dividend is high enough to grab everyone’s attention, the more revealing number is what buyers agreed to pay for it. On Oct. 15, Strive priced seven million shares of its new SATS preferred…
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