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Bitcoin ETFs Bleed $8.95 Billion in Two Months, and the Selling Isn’t Over
- Bitcoin ETFs lost $8.95 billion across 34 negative days since May 7.
- BlackRock led the latest $296 million daily outflow as Fidelity and ARK followed.
- Coins keep leaving exchanges, yet BTC price continues to fall toward $60,000.
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How Public Listings Change Crypto Companies
- Public listings push crypto firms into earnings discipline, governance review, risk disclosure, custody transparency, and compliance scrutiny from equity investors.
- Experts named exchanges and stablecoin issuers as the strongest crypto business models for public markets due to revenue depth, growth potential, and institutional demand.
- Listed shares can give pension funds, asset managers, and banks a familiar route into crypto exposure, while issuer tokens follow separate economics.
Claude Fable 5 Backlash Grows as Users Say Anthropic ‘Caged’ Its Flagship AI
- BridgeBench debugging scores for Claude Fable 5 fell from 86.2 to 25.9 after re-release.
- Only 3 of 12 debugging tasks ran without falling back to the weaker Opus 4.8.
- Anthropic admits more false positives but says the core model remains unchanged.
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MemeCore (M) Rebounds 150% After $10 Million Buyback
- MemeCore (M) rebounded almost 150% this week after a $10 million treasury buyback.
- The team denied selling and blamed a single large market order for the crash.
- The 0.382 Fib at $2.10 and the trendline near $2.63 cap the recovery.
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NVIDIA Unveils New AI Compute Model, But Michael Burry is Shorting Its Stock
- NVIDIA launches new revenue-sharing model to accelerate large-scale AI compute infrastructure deployment globally.
- Michael Burry has significantly expanded his short positions against NVIDIA and other AI-related names.
- The stock's near-term future depends on execution of AI factories versus potential slowdown in hyperscaler spending.
Two Big Banks Adopt Circle’s USDC Stablecoin This Week
- Standard Chartered is the first G-SIB to offer clients USDC minting and redemption.
- Clients access USDC through the bank without opening separate Circle accounts.
- The launch starts in Dubai's DIFC, days after BNY added similar USDC services.
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8Blocks CPO Says 95% Of Tokens That Ever Launched Were Not Needed At All
- 95% of all crypto tokens ever launched were not needed, 8Blocks CPO Sergei Novikov says
- Product growth does not automatically create token demand without a direct value link
- Tokenomics audits should become as standard as smart contract security reviews
US DOJ Charges 19-Year-Old Tied to $100 Million Scattered Spider Crew
- The FBI extradited alleged Scattered Spider member Peter Stokes, 19, from Finland.
- Prosecutors tie the group to 100+ intrusions and $100 million in ransom payments.
- Stokes allegedly demanded $8 million from a luxury jewelry retailer in 2025.
