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Bullion breaks its six-month downtrend as resistance near $4,700 comes into focus (Image: Shutterstock)

Billionaire Ray Dalio Prefers Gold To Bitcoin, Citing Quantum Risk And Government Monitoring

Billionaire investor Ray Dalio keeps only 1% of his portfolio in Bitcoin (BTC) because he considers gold safer and worries about technological and government risks. Key Points: Ray Dalio says Bitcoin represents a form of scarce money, but his allocation remains limited to 1% as he favors gold. He wa

Weak wallet seeds put Coldcard users at risk after 594.5 BTC was swept from 500 addresses. (Image: Shutterstock)

Coinkite Warns Coldcard Mk3 Owners: Every Seed Since March 2021 May Be Predictable

Coinkite warned Coldcard Mk3 users to move funds following a 594.5 Bitcoin (BTC) sweep from 500 addresses and evidence of weak seed generation. Key Points: Every Mk3 firmware release since version 4.0.1 may have generated vulnerable seeds. Mk4, Mk5 and Q users with older firmware must update their d

An altcoin rotation lifts Hyperliquid, Zcash and Solana as Bitcoin recovers to $78,000 after the Fed rate hike (Image: Shutterstock)

Bitcoin ETFs Absorb $233.1M As A Single Fund Supplies Most Of It

US spot Bitcoin (BTC) exchange-traded funds drew $233.1 million on Thursday, their strongest daily haul in more than three weeks, pushing the week back into positive territory. Key Points: US spot Bitcoin ETFs took in $233.1 million on Thursday, the largest single-day total in over three weeks. Blac

The exchange's eighth year saw non-crypto assets peak at 40% of trading volume, with stocks, derivatives and institutions now in focus (Image: Shutterstock)

Bitget Rewires BGBTC So Bitcoin Holders Collect Rewards Every Day

Bitget has upgraded BGBTC, its yield-bearing Bitcoin (BTC) token, adding daily rewards and shifting cross-chain transfers to Chainlink infrastructure. BGBTC Upgrade Adds Daily Bitcoin Rewards The exchange said the token stays backed one-to-one by Bitcoin and now pays rewards denominated in BTC every

Falling Bitcoin prices drove an $8.22 billion loss at Strategy for the quarter, while its software business kept growing. (Image: Shutterstock)

Strategy Posts $8.22B Loss As Bitcoin Treasury Falls Underwater

Strategy reported an $8.22 billion second quarter net loss on Thursday, as a slump in Bitcoin (BTC) prices marked down its 843,775 coin treasury. Key Points: Strategy posted an $8.22 billion net loss for the second quarter, driven almost entirely by an $8.32 billion unrealized markdown on its Bitcoi

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