Coinbase shares fell sharply after the company reported second-quarter earnings that missed expectations. Total revenue for the quarter came in at $1.5 billion, representing a 26% decline from the previous quarter. The shortfall was largely driven by weaker-than-expected transaction revenue, which fell 39% quarter-over-quarter to $764 million. Missing Expectations In the official release, Coinbase revealed…
An accused torturer walked free this week after two months behind bars. According to a report, 37-year-old John Woeltz left Rikers Island on a $1 million bond this Thursday. His alleged partner, 33-year-old William Duplessie, remains in custody. Alleged Kidnapping And Brutality Based on reports, Woeltz and Duplessie forced Italian crypto trader Michael Valentino Teofrasto…
TL;DR Dogecoin dropped to $0.20, moving in a $0.23 to $0.20 range during heavy selling. Analysts see support in the long-term channel and a wedge pattern aiming for $0.265. Large holders bought 310 million coins, while Bit Origin added 40 million to reserves. Dogecoin Records Sharp Daily Decline Dogecoin (DOGE) fell 8% in the past…
Yesterday, Securities and Exchange Commission (SEC) Chairman Paul Atkins announced ‘Project Crypto’ – a bold new initiative he describes as ‘the SEC’s north star in aiding President Trump in his historic efforts to make America the crypto capital of the world.’ Ultimately, it aims to modernize US financial regulations and bring crypto innovation onshore by…
What a wild month July turned out to be for altcoin investors! Not only did Bitcoin, the granddaddy of all cryptocurrencies, break out to fresh all-time highs, but major tokens like XRP, Solana, and Ethereum also staged impressive rallies. With the market now brimming with momentum heading into August, we turned to Grok, X’s powerful…
Bolivia’s Central Bank and El Salvador’s Digital Assets Commission signed a deal this week to work together on crypto rules and tools. It went into effect right away and has no end date, at least based on initial reports. According to the Memorandum of Understanding (MOU), Bolivia will tap into El Salvador’s experience as the…
TL;DR Shiba Inu marks its fifth anniversary, with LUCIE pointing out some of the project’s notable developments throughout the years. Key ecosystem achievements include the launch of the decentralized exchange ShibaSwap and the layer-2 blockchain solution Shibarium. Half a Decade and Counting The popular crypto project Shiba Inu celebrates its fifth birthday today (August 1)….
Sometimes it takes only a few words to mark a major policy shift. For all the attention given to recent US crypto legislation, including the GENIUS Act and CLARITY Act, the International Monetary Fund and United Nations Statistical Commission may have done just as much for crypto adoption in a couple brief sentences. The UN…
Coinbase has announced ‘Everything Exchange,’ a one-stop app for trading tokenized stocks, derivatives, prediction markets, and early-stage tokens. Once launched in the coming months, it aims to make on-chain trading faster, easier, and more accessible to US investors. It’s bound to drive broader adoption in $BTC, the #1 crypto that underpins much of the digital…
Global digital payment company Visa, has announced plans to enhance its settlement platform by incorporating additional stablecoins and blockchain technologies. This decision comes amid a global shift toward a more crypto-friendly landscape. After years of skepticism regarding digital assets, the US recently passed three significant bills aimed at providing a new regulatory framework for the…