🔍 Market Summary

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Verb Technology Shares Double After Private Placement, Intent to Buy Cryptocurrency

Verb Technology Shares Double After Private Placement, Intent to Buy Cryptocurrency

By Chris WackVerb Technology shares doubled, to $19.05, after the company priced an oversubscribed private placement, positioning it to implement a TON treasury strategy.The company expects to rebrand as TON Strategy Co., becoming the first publicly traded treasury reserve of Toncoin, or $TON, the n…

Naoris Protocol Stakes $120,000 Bounty To Break Cryptography Securing $470 Trillion Global Economy

Naoris Protocol Stakes $120,000 Bounty To Break Cryptography Securing $470 Trillion Global Economy

WILMINGTON, DE, Aug 1, 2025 - (ACN Newswire) - Naoris Protocol, the post-quantum infrastructure pioneer, today announced a $120,000 (1BTC at time of announcement) bounty program challenging cryptographers worldwide to break the elliptic curve algorithms that currently secure the global digital econo…

Robinhood's profit more than doubles on robust trading volumes across asset classes

Robinhood's profit more than doubles on robust trading volumes across asset classes

Robinhood Markets said on Wednesday its second-quarter profit more than doubled due to a surge in trading volumes across options, crypto and equities.The Menlo Park, California-based online brokerage earned $386 million, or 42 cents per share, for the three months ended June 30. That compares w…

Robinhood tops profit expectations as trading frenzy sweeps across asset classes

Robinhood tops profit expectations as trading frenzy sweeps across asset classes

Robinhood Markets exceeded second-quarter profit estimates on Wednesday, driven by a massive surge in volumes as investors traded options, crypto and stocks.The strong results add to a run of recent successes for the Menlo Park, California-based online brokerage, which has been aggressively rol…

JPMorgan to enable crypto purchases via credit cards in Coinbase tie-up

JPMorgan to enable crypto purchases via credit cards in Coinbase tie-up

U.S. banking giant JPMorgan on Wednesday partnered with Coinbase to allow customers to fund their wallets using its Chase credit cards and buy cryptocurrency on the exchange starting in fall 2025.Once viewed warily by traditional financial institutions, the digital assets industry has gained e…

Coinbase Shares Extend Declines for Sixth Day

Coinbase Shares Extend Declines for Sixth Day

By Nicholas G. MillerShares of Coinbase continued their slide Monday, making it six consecutive days that the stock has lost value.The stock of the cryptocurrency exchange was down 3.6% Monday to $377.43 and has lost value everyday since closing at a record $419.78 on July 18. The stock is still up …

Ether-linked stocks jump as cryptocurrency hits seven-month high

Ether-linked stocks jump as cryptocurrency hits seven-month high

** Shares of ether-linked companies rise premarket** Cryptocurrency ether hits seven-month high; last up 1.64% at $3,887.13** Blockchain-focused companies Gamesquare Holdings up 6.2%, BTCS rises 7.7%, Bitmine Immersion Technologies up 4.1%** Sharplink Gaming jumps 8.2%, while Bit Digital rises…

Interactive Brokers considers launching new stablecoin for customers

Interactive Brokers considers launching new stablecoin for customers

Interactive Brokers Group is considering launching a stablecoin for customers, joining a number of large financial firms that are betting big on the digital token boom as the U.S. eases regulations around the crypto industry.The deliberations come at a time when the underlying infrastructure of…

GameSquare Acquires Iconic Cowboy Ape CryptoPunk from DeFi Pioneer Robert Leshner

GameSquare Acquires Iconic Cowboy Ape CryptoPunk from DeFi Pioneer Robert Leshner

Robert Leshner makes a strategic investment in GameSquare by selling CryptoPunk #5577 for $5.15 million of the Company's preferred stockGameSquare's initial NFT investment anchors yield strategy targeting 6-10% annualized stablecoin returnsIncreases Ethereum treasury holdings to over $52 millionFRIS…

PNC, Coinbase to Partner on Digital Assets, Expanding Banking Services

PNC, Coinbase to Partner on Digital Assets, Expanding Banking Services

By Denny JacobPNC Financial Services Group and Coinbase Global said they will strategically partner and offer services to each other, the latest sign that traditional finance and cryptocurrency are integrating further.The partnership will expand access to digital-asset solutions to PNC's banking cli…

JPMorgan plans crypto-backed loans, FT reports

JPMorgan plans crypto-backed loans, FT reports

JPMorgan Chase is exploring plans to lend against clients' cryptocurrency holdings, the Financial Times reported on Tuesday, citing people familiar with the matter.Reuters could not immediately confirm the report.

Crypto firm BitGo confidentially files for US IPO

Crypto firm BitGo confidentially files for US IPO

BitGo, a provider of trust and security services for crypto assets, said on Monday it has confidentially filed for a U.S. initial public offering.