Marathon Digital posted impressive Q2 results with $238 million in revenue—up 64%—and a staggering $808 million in net income. A key driver? Its 50,000 BTC stash, now worth over $5.8 billion, continues to anchor investor confidence. Despite those numbers, not everyone’s convinced. Compass Point analysts kept a “neutral” rating, raising concerns about Marathon’s AI pivot….
Bitcoin faced renewed selling pressure on Wednesday, falling 0.45% to $118,446.5 as traders braced for pivotal macroeconomic events. This drop comes amid heightened caution ahead of the Federal Reserve’s July policy meeting and the looming implementation of steep U.S. tariffs on August 1. Despite a strong July performance, the flagship cryptocurrency remains under pressure due…
Bitcoin (BTC) registered a 1.11% hourly drawdown after the Federal Reserve kept its target range at 4.25%–4.50%, trading at $116,320.13 as of press time following a quick visit below the $116,000 threshold. This is the largest correction recorded during a single hour of trading since July 14, when BTC retraced 1.14% Major cap altcoins registered…
Since the beginning of July, Ethereum has been on a bullish trajectory, experiencing an over 54% increase in the past month. After breaking past key resistance levels, the second-largest crypto asset appears to have found stability above the $3,700 mark. While ETH has displayed a powerful rally over the past weeks, major investors have been…
The cryptocurrency market is cooling off after a brief period of short-term overheating. Unlike prior cycles, CryptoQuant believes that the current overheating is smaller in scale and duration. This means that Bitcoin could face a limited short-term dip in the near future. Crypto Market Cools Off The data focuses on the proportion of Bitcoin held…
Dogecoin (DOGE) has been facing a short-term decline, with prices dropping due to a saturation of bullish sentiment in the market. This retreat is seen by many investors as a natural pullback rather than the end of its momentum. Despite recent price reductions, DOGE is closer to a new beginning, with long-term prospects still looking…
The Celestia ($TIA) token fell 8% to $1.77 amid a broader market pullback, but key developments and upgrades suggest this may be temporary. With $144 million in daily trading volume and a $1.2 billion market cap, the modular blockchain’s fundamentals could prove instrumental for a comeback. What’s more, several key network upgrades and strategic moves…
The U.S. Department of Justice (DOJ) will allegedly not bring charges against Dragonfly amid Tornado Cash founder Roman Storm’s federal trial this month in Manhattan, the crypto investment firm’s managing partner, Haseeb Qureshi, said this week. DOJ Walks Back Dragonfly Indictment as Roman Storm Trial Nears Conclusion According to a July 28 report from the…
Roman Storm will not testify in his own defense during his landmark money laundering trial, lawyers for the Tornado Cash developer say. Roman Storm Declines to Testify in Federal Court According to a July 29 report from Inner City Press, Storm and his lawyer told U.S. District Court Judge Katherine Polk Failla that the crypto-mixer…
Cardano founder Charles Hoskinson made headlines this week with a bold forecast. He told investors that ADA could rise as much as 1,000× from its current level. Bitcoin, he argued, has less room to run. His comments came as Bitcoin traded around $118,000 and Cardano lingered around $0.78. Bold Claim On Returns According to Hoskinson, Bitcoin’s…