xAI Releases Grok 4.7 After Delays; Trails Claude on Key Benchmarks
Summary: xAI launched Grok 4.7 with 2.1 trillion parameters and SpaceX data integration, but it scored second to Anthropic's Claude Fable 5.1 on major benchmarks.
CoinQi ·
Research
Fairshake PAC to Spend $30M Opposing Sherrod Brown in Ohio Senate Race
Summary: Fairshake, a crypto-funded political action committee, plans to spend $30 million opposing Democrat Sherrod Brown’s bid to return to the US Senate in Ohio.
CoinQi ·
Dimon: Hyperscaler AI spending may hit $1 trillion next year
Summary: JPMorgan CEO Jamie Dimon stated that hyperscaler AI investment could reach $1 trillion next year, up from approximately $700 billion this year.
CoinQi ·
Bitcoin ETF Holders Return to Profit as Price Nears $87,000
Summary: Average Bitcoin ETF investors are back above their cost basis for the first time since January as the cryptocurrency surged past $86,000.
CoinQi ·
Strategy and Strive Buy $182.7 Million in Bitcoin Amid Price Surge
Summary: Corporate treasuries Strategy and Strive purchased a combined 2,305 BTC for $182.7 million, coinciding with Bitcoin's price rising to $86,008.
CoinQi ·
Venice AI Token VVV Hits All-Time High Amid Privacy Demand
Summary: Venice AI's native token VVV reached an all-time high of $34.51, driven by privacy concerns and a staking model that replaces traditional subscriptions.
CoinQi ·
Ondo Finance enables in-kind stock-to-token conversions for institutions
Summary: Ondo Finance introduced a system allowing approved institutions to convert stocks and ETFs directly into tokenized equivalents via Alpaca accounts, reducing capital requirements.
CoinQi ·
FutureBit Tests Fruit Fly Brain Simulation for Bitcoin Mining
Summary: FutureBit demonstrated a browser-based simulation using 2,914 neural traces from a fruit fly brain to perform simplified Bitcoin hashing.
CoinQi ·
Multicoin’s Samani Predicts Solana Will Flippen Ethereum This Cycle
Summary: Multicoin Capital co-founder Kyle Samani predicts Solana will surpass Ethereum in market capitalization this cycle, citing superior functionality and fee generation.
CoinQi ·
Strategy Buys 950 BTC, Approaching June Record Holdings
Summary: Michael Saylor’s Strategy purchased 950 Bitcoin for $75.7 million, bringing total holdings to 846,000 coins and closing the gap to its all-time high.
CoinQi ·
Strategy Resumes Bitcoin Purchases, Buys 950 BTC for $76M
Summary: Michael Saylor’s Strategy resumed Bitcoin accumulation after a two-week pause, acquiring 950 coins while simultaneously repurchasing $174 million in preferred stock.
CoinQi ·
ECB to invest own funds in tokenised securities via Pontes
Summary: The European Central Bank has begun preparatory work to invest a portion of its non-monetary policy portfolio in tokenised securities, settling transactions through the new Pontes infrastructure.
CoinQi ·
ZetaChain holders approve L1 wind-down and ZETA migration to Solana
Summary: ZetaChain governance passed proposal 68 with 99.4% support, authorizing the shutdown of its layer-1 blockchain and a 1:1 conversion of ZETA into an SPL token on Solana.
CoinQi ·
Hana Bank Issues $100M Digital Bond on Euroclear Blockchain
Summary: South Korea’s Hana Bank issued a five-year, $100 million digital bond using Euroclear’s blockchain infrastructure, marking the first such issuance in the country to directly utilize this platform.
CoinQi ·
Bitcoin Closes Above 50-Week Moving Average for First Time in Over 10 Months
Summary: Bitcoin closed the week at $81,159 on Coinbase, surpassing its 50-week moving average of $78,788 for the first time since November 2025.
CoinQi ·
Bitcoin Outperforms Altcoins by 102 Points Over Two Years
Summary: A Glassnode and Bybit report reveals Bitcoin gained 28% while the median mid-cap altcoin lost 74% over two years, reversing traditional market rotation patterns.
CoinQi ·
Miller Value Partners CEO Cites Fiscal Deficits for Bitcoin Bullishness
Summary: Miller Value Partners CEO Bill Miller IV argues that worsening global fiscal deficits have widened the gap between Bitcoin's current price and its fair value.
CoinQi ·
Bitcoin August Rally Driven by Short Liquidations, Not New Longs
Summary: A joint Glassnode-Bybit report reveals Bitcoin's 24.6% August surge was driven by short liquidations, with open interest falling 12.6% as bears were forced out.
CoinQi ·
VanEck: Bitcoin Community Actively Addressing Quantum Computing Risks
Summary: VanEck’s Matthew Sigel stated that while decentralized governance slows upgrades, the Bitcoin community is actively developing quantum-resistant solutions.
CoinQi ·
HYPE Surges Past $90 as Hyperliquid Introduces Manual Borrowing
Summary: Hyperliquid's native token HYPE reached an all-time high above $90 after the protocol launched manual borrowing, allowing users to supply collateral for stablecoins.
CoinQi ·