Coinbase shares fell sharply after the company reported second quarter revenue that it missed out on forecasts. Total quarterly revenue was $1.5 billion, down 26% from the previous quarter. The shortfall was driven primarily by weaker trading revenues than expected, down 39% quarterly to $764 million. Lack of expectations In its official release, Coinbase revealed…
What do you know Doge marked one of the sharpest daily declines this month, falling 8% from $0.22 to $0.21 between 03:00 on July 31st and 02:00 on August 1st. Price Action was deployed within the $0.03 width. This is a high-volume resistance at the upper limit and resistance near the session, with a peak…
The former Opensea product manager has overturned his belief in what was once welcomed as the first insider trading case containing impossible tokens. The U.S. Federal Court of Appeals Thursday’s ruling marks a major setback for prosecutors hoping to apply traditional financial crime laws to the rapidly evolving crypto sector. The case focuses on Nathaniel…
Bitcoin’s failure to exceed $120,000 has accompanied a surge in sales from large owners, marking what analysts call “the third major profit acquisition for this bull run.” Realized profits from Bitcoin (BTC) reached between $6 billion and $8 billion in late July, according to Onchain Analytics company Cryptoquant. This latest sale was driven by “new…
Chainx (PCX) is a native utility token for the Chainx network. It was released in 2017. Chainx focuses on creating bridges between different blockchains, allowing users to interact with assets and data across multiple blockchain ecosystems. ChainX is designed to support multiple blockchain networks, allowing users to transfer and interact with assets from a variety…
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…
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…
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,…
Ethereum ETFS experienced a record influx streak last week, adding seven OVST trading sessions of $23.1 billion between July 18th and July 28th. Of those, five days exceeded $230 million, with the largest daily inflow on July 22nd, reaching $533.8 million. This surge in influx reduced the previous few weeks, increasing the average since launch….
Japanese investment company Metaplanet added 780 BTC to Bitcoin Holding for around $92.5 million, bringing its current price of over $2 billion to 17,132 BTC. According to Bitcointreasuries.net, this latest purchase will solidify Metaplanet as the largest corporate Bitcoin holder outside the US and the seventhest in the world. Top 15 Bitcoin Finance Companies –…
