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Strategy drops $2.5B on Bitcoin in one of its biggest single buys ever
Bitcoin steadies near $75K as Strategy adds 34,164 BTC, Coinbase tests AI agents, and the Kelp DAO exploit deepens DeFi stress.
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The crypto market just shrugged off a weekend of geopolitical chaos and a $292M hack.
Institutional money keeps flowing in despite the noise.
Crypto funds logged their third straight week of inflows, the best streak since January.
Meanwhile, the line between human and AI workers is getting blurrier by the day.
Here's what you need to know this Monday.
Strategy drops $2.5B on 34,164 Bitcoin at an average price of $74,395
Strategy just made one of its largest single Bitcoin purchases ever.
The company scooped up 34,164 BTC in a single week, funded through its at-the-market stock offering program.
When one buyer can move billions into Bitcoin without blinking, the asset class has officially grown up.
Markets
Bitcoin bounces back after a weekend of hacks and geopolitical tension
North Korea's Lazarus Group exploited KelpDAO for $292M over the weekend.
That news, combined with fresh US-Iran tensions, dragged Bitcoin from $78K to below $74K.
But the biggest crypto asset clawed back on Monday morning despite the chaos.
BTC hovered near $75K, ETH held above $2,300, SOL traded near $85, and XRP sat at $1.42.
Crypto funds pull in $1.4B as risk appetite returns
Digital asset funds just posted their strongest weekly inflows since January.
Recovering risk sentiment, partly tied to US-Iran ceasefire extension talks, drove the three-week streak.
Three consecutive weeks of inflows suggest this isn't a blip. It's a trend.
Coinbase builds AI agents modeled after its former co-founders
Coinbase is deploying AI teammates in Slack and email that mimic Fred Ehrsam and Balaji Srinivasan.
CEO Brian Armstrong wants any employee to eventually spin up agent coworkers of all types.
AI agents already handle 58% of all crypto trading volume. Now they're coming for the group chat.
On Our Radar
The liquidity experiment: Crypto exchanges are quietly testing new ways to source trading depth.*
Prediction markets get serious: Polymarket chasing $400M to hit $15B valuation.
Elon's PR move: Musk grants dying teen's wish to SpaceX-ify her plush dog.
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