AGP Executive Report
Last update: an hour agoETF Flows & Macro: Bitcoin briefly reclaimed $65K on Aug. 10 after weak July jobs data cooled Fed-hike odds, while U.S. spot Bitcoin ETFs logged about $854M in net inflows for Aug. 3–7, led by BlackRock’s IBIT ($694M). Security & Custody Risk: A “Bitcoin Red Team” audit tied to the Coldcard hardware breach found 4,962 issues across 390 projects, and a separate report says OpenAI restricted a Bitcoin security researcher, pushing him toward other AI tools. Governance Shock: BIP-110’s fork stalled after just two blocks, with the minority chain frozen far behind the main chain. Regulation Watch: Australia’s AUSTRAC suspended Cryptolink’s crypto ATM operations for three months over reporting and compliance failures, and Grayscale withdrew proposed ADA/HBAR/DOT ETF filings. Market Structure Shift: Wintermute USA registered as a broker-dealer, signaling crypto market makers moving deeper into traditional Wall Street rails. Altcoin Reality Check: XRP lagged the bounce near $1.03 as CLARITY Act timing uncertainty weighed on sentiment. Corporate Crypto Treasuries: Trump Media ended its CRO treasury venture with Crypto.com and Yorkville, citing saturation among token-treasury firms.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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