Coinbase dives on mixed Q2 earnings report
, the largest crypto exchange in the US, reported second-quarter earnings today that missed on revenue expectations, sending the stock down more than 7%. The company reported Q2 revenue of $1.5 billi...
Strategy rises after beating Q2 earnings expectations
, the largest corporate bitcoin holder, reported second-quarter earnings today that beat analysts’ estimates. Shares rose in after-hours trading. Revenue from its legacy software business stood at $11...
Bitcoin treasuries continue buying as price stays in $115,000 to $119,500 range
It’s been a fairly steady week for , which is trading in the $115,000 to $119,500 range, neither buoyed nor bothered by the Fed meeting or the release of the long-awaited White House report on digital...
Ethereum treasuries surpass $10 billion in their stockpiles
, which celebrated its 10th birthday yesterday, continues to be on a roll. This week, the total value of ethereum held by treasury companies — a fairly recent phenomenon — surpassed $10 billion for th...
Robinhood reports strong Q2 numbers
Retail brokerage reported Q2 results after the bell on Wednesday, and beat on both earnings per share and revenue. The crypto, options, and stock trading platform reported: Diluted earnings per shar...
White House’s long-awaited digital assets report fails to boost bitcoin’s price
Six months after President Trump’s executive order established a working group to create a regulatory framework for crypto, the White House finally released its 166-page report on digital assets this ...
Strategy acquires $2.46 billion in bitcoin, its largest buy since March
Just a few days before releasing its second-quarter earnings, Strategy announced it acquired 21,021 for $2.46 billion, using the proceeds from its upsized $2.5 billion (from an initial $500 million) ...
MARA rises after soundly beating earnings expectations
miner , the second-largest corporate bitcoin holder, with 50,000 bitcoin , reported second-quarter earnings that beat analysts’ estimates. The stock popped 4% in after-hours trading. The company repo...
Bakkt plummets on news of pivot to pure-play crypto company, bitcoin purchase plan
Another day, another bitcoin pivot . Bakkt announced after market close on Monday that it had sold its legacy business for $11 million and will become a “pure-play crypto infrastructure company.” then...
JPMorgan: Coinbase ties to Circle, USDC could add $60 billion benefit to shareholders
, the largest US crypto exchange, has benefited from its ties with stablecoin giant in ways investors may be underestimating, JPMorgan analysts said in a note Tuesday. They wrote: “We see USDC econom...
Sun’s Tron jumps 18% on $1 billion shelf offering filing
Justin Sun’s Tron blockchain network filed a $1 billion mixed shelf S-3 offering with the SEC, including common stock, preferred stock, debt instruments, and warrants, regulatory filings show. Shares...
PayPal to allow crypto payments
PayPal announced it will soon start allowing US businesses to accept payments in more than 100 cryptocurrencies, tapping “into a global base of more than 650 million crypto users,” according to a pres...
Ethereum builds momentum as reserves and ETFs hit new records
Ethereum continues to gather momentum, with a slew of companies adding to their reserves. Ethereum ETFs also celebrated their first birthday this week, and one particular fund is seeing massive infl...
Have corporate bitcoin treasuries reached a tipping point?
One of the most salient crypto phenomena of 2025 is the mind-blowing rise in corporate treasuries. Once considered fringe, undergoing a bitcoin pivot has become almost mainstream, whether companies h...
MARA drops following $850 fundraise announcement
Shares of bitcoin miner tumbled this morning following its announcement that it plans to raise $850 million through a private sale of 0% convertible senior notes due in 2032. MARA will use the procee...
Happy first birthday, ethereum ETFs
July 23 marks one year since the SEC approved ETFs, and these funds now hold $15.7 billion in assets under management. While they had a sluggish start , the pace has picked up recently, buoyed by sev...
Ether Machine to launch via SPAC deal with $1.5 billion backing and 400,000 ethereum
A newly formed public company, The Ether Machine, created via a blank-check company merger with , will trade on the Nasdaq under the ticker symbol “ETHM.” The deal is “expected to deliver over $1.6 ...
GENIUS Act rally pushes crypto space to historic $4 trillion market cap
The crypto space reached a $4 trillion market cap for the first time last night, following the House of Representatives overwhelmingly voting in favor of the Guiding and Establishing National Innovati...
The crypto world is starting to look like just bitcoin again
Looks like 2025 is shaping up to be a big year for crypto... or at least for one particular coin. briefly flew past $123,000 on Monday morning , the first day of the House’s “Crypto Week,” which (desp...
GENIUS Act passes, cementing stablecoins’ legitimacy
The House of Representatives voted in favor of the long-awaited Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act) today, in a 307-122 vote (with three votes uncounted as...