Institutional Investors Sell $1,670,000,000 in Bitcoin and Crypto Assets in Third Straight Week of Outflows: CoinShares

Institutional investors just sold an overall total of $1.67 billion in Bitcoin and crypto assets in one week, according to a new update from Coinshares. The outflows mark the third consecutive negative week and the second-largest weekly outflow of the year, with three-week cumulative outflows now standing at $4.21 billion. Bitcoin led the selling with…

Read More

Saylor Breaks Silence After Strategy’s Bitcoin Sale

Key Takeaways Strategy sold 32 BTC for $2.5 million to support preferred stock payouts. Investors are assessing whether dividend obligations could drive additional bitcoin sales. Attention shifted to STRC as Saylor avoided discussing the BTC transaction. Strategy’s First BTC Sale Tests Saylor’s Dividend Strategy Strategy (Nasdaq: MSTR) revealed in a Form 8-K filed with the…

Read More

Strava declares war on scrapers ahead of IPO

AI companies have grown into data-hungry entities as their models require ever-larger datasets to train on. To meet that need, many AI startups defy long-standing internet conventions — like respecting robots.txt files, which signal to automated crawlers which parts of a website are off-limits — and scrape data aggressively. This has forced websites to restrict…

Read More