AGP Executive Report
Last update: 11 hours agoBitcoin Sell-Off: BTC slipped below $74,500 as spot funds recorded $412 million in outflows and investors’ losses grew ahead of US inflation data. MARA’s AI Pivot: The miner sold 13,597 BTC for about $1.1 billion, repaid $750 million in Bitcoin-backed loans and freed 17,477 BTC from collateral, while shifting capital toward AI infrastructure. Institutional Access: 24X expanded its Standard Chartered partnership to offer institutional Bitcoin and Ether trading; Onramp launched a business account with team approvals and custody features for corporate Bitcoin holders. Ethereum: Developers delayed the Glamsterdam testnet upgrade over gas-accounting risks, while a new peer-to-peer protocol developer says block delivery can be up to 3.5 times faster. Binance Hack Fallout: Fitch said Bitcoin trading absorbed the $6.3 billion exchange hack with limited disruption, even as investigators traced about $430,000 of stolen funds through disposable meme coins.
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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