Crypto AI Updates

Crypto Markets sees a $200 million liquidation as Fed’s Powell makes Hawkish’s remarks

Crypto Markets saw a liquidation of over $200 million in an hour, in a statement from Powell’s Hawkish. Bitcoin (BTC) recovered above $117,000 after a temporary soak of less than $116,000, exceeding $116,000. The US Federal Reserve stabilizes interest rates, and Powell cites potential inflationary pressures from tariffs. The wave of volatility that swept the…

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Robinhood Q2 Crypto Revenue doubles as businesses double tokenization

Cryptocurrency revenues for trading platform Robinhood rose 98% in the second quarter to $160 million. Robinhood saw its total net profit rise 45% year-on-year to $989 million, rising to $989 million, while net profit rose to $386 million. Despite Wall Street’s expectations, the company traced slightly in out-of-hours transactions. Transaction-based revenue splits of Robinhood’s Crypto,…

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Galaxy Digital suddenly moves $447,000,000 worth of Bitcoin (BTC) and sends most of it to crypto exchanges: on-chain data

The Crypto Financial Services Giant Galaxy Digital suddenly moved $447 million worth of Bitcoin (BTC), chain data shows. According to blockchain tracking platform LookonChain, Galaxy Digital moved 3,782 BTC just days after creating another large transaction for its flagship Crypto Asset. “Is Galaxy Digital helping to sell BTC again? (Monday), Galaxy Digital transferred another 3,782…

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Bitcoin Reserve Plans Missing in White House Crypto Reports

Key takeout The White House report introduces a broad cryptographic regulatory framework but does not address the government’s Bitcoin reserves. The framework supports Stablecoins, opposes US CBDCs and recommends clarity in regulations for digital asset transactions and taxation. Please share this article According to details of the fact sheet preview, which first reported by Coindesk,…

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