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Jack Dorsey's Block Inc. reported an increase in income in the second quarter, prompting its shares to rise 6% during after-hours trading on Thursday.In its latest quarterly earnings report disclosed Thursday, Block reported $2.54 billion in gross profit in the second quarter of this year, up 14% ye…
Binance, the largest cryptocurrency exchange, has released its 33rd Proof of Reserves report. It highlights a significant divergence in the customer’s holdings of Bitcoin and Ethereum .According to the report, users’ net Bitcoin balances increased in July. In contrast, Ethereum holdings on the exch…
Key takeaways:Capital rotation favors Ether as “Hot Capital Ratio” hits a yearly low for Solana.ETH futures dominance grows with open interest hitting $58 billion.ETH eyes $4,000, backed by low funding rates and strong spot accumulation. Capital flows favor Ethereum over SolanaEther (ETH) has emerge…
Today in crypto, the White House Press Office confirmed to Cointelegraph that President Donald Trump will sign an executive order allowing crypto exposure in US 401(k) retirement plans, IREN shares got a boost after it mined more Bitcoin than MARA in July, and Tornado Cash co-founder Roman Storm was…
Ethereum treasury companies are now “very investable,” according to Standard Chartered’s global head of digital assets research Geoffrey Kendrick, who says they present a stronger case for investors than U.S. spot Ethereum exchange-traded funds (ETFs).Kendrick says Ethereum treasury companies' net a…
Less than three months ago, real-world asset platform Backed unveiled a line of tokenized equities that allows investors to buy tokens that track the price of popular stocks like Tesla, Apple, and Nvidia.Total trading volume for the tokenized shares, called xStocks, recently surpassed $2 billion, ac…
Cardano’s Midnight Network has launched its highly anticipated NIGHT token airdrop, and the crypto community responded in full force. Within hours of the August 5 launch of the “Glacier Drop” phase, over 11,000 wallets across eight major blockchains claimed more than 250 million NIGHT tokens.The Mid…
Key takeaways:XRP is mirroring a bullish fractal that led to a 70% rally earlier this year.Price eyes a 20% breakout from a falling wedge, targeting $3.75 in August.XRPL growth and stablecoin activity bolster the case for a move toward $4.XRP’s latest price action is echoing a bullish fractal from …
Strategy (previously MicroStrategy) recently conducted its third-largest Bitcoin purchase in terms of dollar cost. The firm made this move shortly before revealing its huge successes in Q2 2025, indicating its steady long-term commitment.Chairman Michael Saylor recently appeared in an interview, exp…
Opinion by: Vikram Arun, co-founder and CEO of SuperformDeFi already moves billions of dollars daily, lets anyone create new assets in minutes and rewards users with yields that banks can’t match. Using one app to find opportunities, another to bridge, a third to swap, a fourth to deposit and yet an…
RippleX senior software engineer Mayukha Vadari has reassured the XRP community that any changes to the XRP Ledger's underlying code will not impact users' holdings or the integrity of the ledger. His statement was a direct response to a recent public talk from Ripple CTO David Schwartz, who acknowl…
The Bitcoin market has been showing signs of increasing selling pressure, with its recent price action hinting at an even deeper distribution phase unfolding beneath the surface. Wyckoff Pattern Reveals Imminent BreakdownIn an August 2 post on the social media platform X, crypto analyst Joao Wedson …