In recent developments, Robinhood plans to launch its own Ethereum-compatible blockchain, allowing the tokenization of stocks that could divert trading activity from traditional exchanges like the NYSE. This move, highlighted by Galaxy Digital, challenges the revenue model of major exchanges as it facilitates trading outside of standard market hours. Meanwhile, Coinbase's Conor Grogan speculated on the possibility that the recent transfer of $8.6 billion worth of Bitcoin from long-dormant wallets might be linked to hacking. This transaction involved wallets that hadn't been active for over 14 years, prompting rumors about the potential return of Bitcoin's creator, Satoshi Nakamoto. Additionally, Bitcoin's price fell below $108,000 in response to these significant movements. With corporate Bitcoin adoption continuing to rise, the developments indicate a shift in liquidity and trading practices in the crypto landscape.

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