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Crypto

iTrustCapital says half of clients bought bitcoin, not chasing prices

Demand for bitcoin investment is picking up again, with about $1 billion put to work on U.S. wealth platform iTrustCapital in the last quarter, including hundreds of millions of dollars shifted from clients’ cash-like assets into bitcoin buying. CEO Kevin Maloney said the recent behaviour differs from momentum buying, noting about 50 percent of clients are buying bitcoin. He also cited investor fatigue and regulatory uncertainty in crypto markets.

Mobility

Tesla robotaxi extends operating hours by 1 hour in Austin; further expansion remains task

Tesla has delayed the end of its robotaxi service in Austin, Texas by 1 hour, extending operations to 11 p.m. from 10 p.m. CEO Elon Musk flagged accurate identification of pets on dark roads as a key challenge for expanding nighttime operations. The issue highlights limits of Tesla’s camera-based approach in low-light conditions compared with lidar and radar. U.S. regulators are also examining FSD performance in low-visibility environments.

Crypto

Doctor Profit sells XRP, says it is not time to buy altcoins

Crypto trader Doctor Profit has sold holdings in XRP and other altcoins, saying rising altcoin volume and heavy leverage have raised the risk of a near-term correction. He said altcoin spot volume has grown to about four times Bitcoin’s, and warned that leveraged trading could trigger forced liquidations if prices fall. He said he is short bitcoin from $86,200 with additional orders up to $89,500, targeting $79,000, while keeping long-term positions unchanged.