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Wall Street Downplays Binance Hack as Bitwise Sees “Recovery In a Week”

Source: Bitcoin News · Oct 31, 2026 10:30 UTC

The Quick Take

Wall Street analysts are telling clients to buy the dip after the $6.3 billion Binance hack, and Bitwise CIO Matt Hougan expects bitcoin’s price to recover fairly soon. Hougan Calls the Hack a Mere ‘Blip’ Hougan, chief investment officer at crypto asset manager Bitwise, played down the damage, stating: This hack has not changed anything […]

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Ground Level News aggregates headlines from public feeds. This page shows a short summary only; the full article and all rights belong to Bitcoin News.

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