Tag Archives: crypto news

Galaxy Digital Stock Drop: Analyst Argues For Higher Valuation Despite Poor Earnings

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Shares of Galaxy Digital faced a significant decline on Tuesday following the release of disappointing quarterly earnings and revenue figures. The crypto-investment and data-center company reported earnings per share of $0.8 for the second quarter, falling short of Wall Street’s consensus estimate of $0.18. Galaxy Digital Shares Plunge 10% Revenue for the period totaled $9.1… Continue reading Galaxy Digital Stock Drop: Analyst Argues For Higher Valuation Despite Poor Earnings→

Strategy Expands Bitcoin Holdings With Massive Third-Largest Acquisition

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Michael Saylor’s enterprise software company, Strategy (previously MicroStrategy), has made headlines once again with a substantial Bitcoin (BTC) acquisition, pushing its total holdings beyond 600,000 coins.  The company purchased an impressive $2.46 billion worth of Bitcoin over the past week, marking its third-largest purchase by dollar amount since it began acquiring the digital asset five… Continue reading Strategy Expands Bitcoin Holdings With Massive Third-Largest Acquisition→

Grayscale Welcomes Barry Silbert Back As Chairman Ahead Of US IPO

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Barry Silbert has made a notable return to Grayscale Investments, the asset management company and crypto exchange-traded fund (ETF) issuer, as chairman, just weeks after the crypto asset manager filed confidentially for an initial public offering (IPO) in the US.  Silbert, who founded Grayscale in 2013, takes over from Mark Shifke, who will remain on… Continue reading Grayscale Welcomes Barry Silbert Back As Chairman Ahead Of US IPO→

Satoshimeter Shows Where Bitcoin Price Is In This Cycle

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The Bitcoin price surge above $120,000 has reignited speculation about where the flagship cryptocurrency stands in the current cycle. While price action alone offers only part of the picture, on-chain data from the Satoshimeter indicator suggests that Bitcoin is still firmly in the mid-phase of its cycle, pointing to significant potential ahead in its long-term… Continue reading Satoshimeter Shows Where Bitcoin Price Is In This Cycle→

Tether Q2 Net Profit Hits $4.9 Billion, Pushing Total Earnings To $5.7 Billion

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Tether, the company behind the market’s largest stablecoin USDT, has announced major financial results for the second quarter (Q2) of the year, reporting a net profit of $4.9 billion.  Tether Achieves $5.7 Billion In Earnings For H1 2025 According to the report, this surge in profitability comes amid the issuance of over $13.4 billion in… Continue reading Tether Q2 Net Profit Hits $4.9 Billion, Pushing Total Earnings To $5.7 Billion→

Record Bitcoin Prices Propel Strategy To First Profit In Six Quarters

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Strategy (previously MicroStrategy) announced its first profit in six quarters, buoyed by a notable surge in cryptocurrency values during the latest quarter that saw the market’s largest cryptocurrencies,, including Bitcoin (BTC), recover from previous price corrections.  This development comes as the crypto firm, the largest corporate holder of Bitcoin, capitalizes on a favorable market environment… Continue reading Record Bitcoin Prices Propel Strategy To First Profit In Six Quarters→

Coinbase Stock Dips On Q2 Revenue Miss And Decreased Trading Volumes

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Coinbase (COIN) shares experienced a decline on Thursday after the cryptocurrency exchange reported second-quarter revenue that fell short of analysts’ expectations, according to CNBC.  Weaker Trading Volumes Impact Coinbase For the period ending June 30, Coinbase reported a net income of $1.43 billion, or $5.14 per share, a significant rise from just $36.13 million, or… Continue reading Coinbase Stock Dips On Q2 Revenue Miss And Decreased Trading Volumes→

XRP Blows Cold: Price Crash To $2.15 Still Possible If Buyers Falter

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After rising to a new 7-year high off the back of strong buys, the XRP price has moved back downward in search of new support levels. This move has been spurred by the general bearish sentiment that has plagued the market as the Bitcoin price struggled to reclaim its all-time high levels, putting altcoins at… Continue reading XRP Blows Cold: Price Crash To $2.15 Still Possible If Buyers Falter→

Chainlink Acknowledged By The White House As Key Player In Crypto Infrastructure

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The White House has officially recognized Chainlink (LINK) as an essential component of the digital asset ecosystem. This acknowledgment comes from the recently published Digital Asset Report, which emphasizes the importance of decentralized oracles in the functioning of stablecoins and tokenized assets. Chainlink’s Importance In DeFi Market expert Quinten Francois highlighted this recognition on social… Continue reading Chainlink Acknowledged By The White House As Key Player In Crypto Infrastructure→

Ethereum Price Crash Or Rebound? Why $4,000 Holds The Key

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Ethereum has struggled with the resistance at $4,000 over the last three years and has yet to make a definite break above this level. The constant rejection from here suggests that this is now the level to beat if the Ethereum price is to ever resume its campaign for new all-time highs from here. Given this, how… Continue reading Ethereum Price Crash Or Rebound? Why $4,000 Holds The Key→