Gemini posts $108M Q2 net loss despite 37% revenue growth
Credit card and staking revenue drove Gemini’s services growth in Q2 as exchange revenue fell 38% and trading volume dropped...
Business
BitGo posts $19M Q2 loss despite 80% revenue surge to $4.3B
An $18.8 million unrealized digital asset loss and weaker trading margins pushed BitGo into the red in the second quarter....
Inflation Cools, Bitcoin Stalls as Fed Faces Its Next Big Test
Key TakeawaysU.S. CPI eased to 3.4% in July, extending inflation’s retreat from May’s 4.2% peak.Federal Reserve pressure eased as core...
Gold Hits 2-Month High Above $4,400 as China Keeps Hoarding
Key TakeawaysGold crossed $4,400 on Aug. 11 before spot prices eased to $4,378.50 by noon EDT.China’s PBOC added 20 tonnes...
Bitdeer increased Bitcoin mining output by nearly fivefold in Q2
Bitdeer mined 2,694 BTC in Q2, but ended the quarter holding just 150 BTC after liquidating its treasury earlier this...
Fed Hike Bets Crack as September Hold Odds Storm Into Lead
Key TakeawaysPolymarket gives a September Fed hold 63% odds after more than $20.3 million traded.Kalshi prices a Fed hold at...
Boerse Stuttgart Digital, Tradias Complete European Crypto Merger
Boerse Stuttgart Digital and institutional crypto trading firm Tradias have completed their merger after clearing the required ownership control procedure,...
Blockchain.com wins Cayman custody license after MiCA and FCA approvals
Blockchain.com secured a VASP custody license from the Cayman Islands Monetary Authority, expanding its regulated crypto services in the region....
Step App winds down after four years as FITFI token sinks
Move-to-earn project Step App will wind down services by Aug. 21 after four years, while its FITFI token trades 99.9%...
Binance Affiliates Sue RedotPay Over User Diversion Claims
Binance-affiliated companies have sued the founders of Hong Kong-based cryptocurrency payments company RedotPay, alleging it diverted more than 470,000 users...
Blackrock Brings 2 Tokenized Money Market Funds to Stablecoin Issuers
Key TakeawaysBlackrock launched BSTBL and BRSRV as 2 tokenized cash funds for institutions.Blackrock’s $1.073T cash arm could deepen the $8.4T...
Bithumb Locks In 2028 IPO as Crypto Listing Race Heats Up
Key TakeawaysBithumb targets a 2028 IPO with a preliminary listing filing set for 2027.A February ledger error involving 620,000 BTC,...
Robinhood Pulls in $1.31B Q2 Revenue as 44% Trading Surge Fuels Record Profit
Key TakeawaysRobinhood posted $1.31B in Q2 revenue on July 29, driven by strong trading volume.Event contracts on Robinhood surged over...
Japan, US Plot Yen Rescue as Speculators Face Reckoning
Key TakeawaysJapan and the U.S. may unveil a joint yen policy next week, Kyodo News and CNBC reports.Japan sold up...
Citadel Buys Situational Awareness Stocks After July AI Market Rout: Reports
Ken Griffin’s Citadel reportedly bought a large proportion of the public stock portfolio of Situational Awareness, the hedge fund founded...
Fed Hike Odds Surge as Warsh Unleashes Hawkish Warning
Key TakeawaysThe Fed held rates at 3.50% to 3.75% on July 29 in a 9-3 vote with three dissents.CME Fedwatch...
Tether signs tokenization deal with Nairobi Securities Exchange
The agreement covers tokenized securities, blockchain-based market infrastructure and the potential use of USDT as a settlement layer. Source link
Ondo Shifts From Layer-1 Blockchain to Offchain Execution Network
Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses...
BitMart Faces Withdrawal Complaints Following Wind-Down Announcement
Withdrawals from crypto exchange BitMart appeared to slow after it announced plans to wind down its operations. On Monday, blockchain analytics...
BitMart to Wind Down Exchange as BMX Tanks
BitMart will wind down its cryptocurrency exchange, ending all trading services on Aug. 26 before ceasing operations entirely on Jan....
SpaceX Plunges to New Low as Musk’s Fortune Bleeds $35 Billion in One Day
Key TakeawaysSpaceX fell near $111 on July 23, more than 50% below its June peak.Elon Musk lost $35.2 billion as...
Michael Saylor Rolls out Net BTC and BTC Hurdle ARR to Reframe Strategy’s $64 Billion Bitcoin Bet
Key TakeawaysStrategy unveiled new bitcoin metrics July 24, including Net BTC and BTC Hurdle ARR.Strategy holds 843,775 BTC bought for...
