Bitcoin
USDT Issuer Tether Hits $1.5B Q2 Profit, Hoards 98,932 Bitcoin
The largest stablecoin company reported a $446 million market capitalization increase despite a general market slowdown in Q2. While most of USDT’s…
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Bitcoin
Bitcoin Traders Lose $100M as BTC Drops $3K in 12 Hours
Bitcoin fell nearly $3,000 on July 31, dropping to an intraday low of $62,369 and slashing its monthly gain from 10% to…
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Bitcoin
Peter Schiff Says Strategy’s STRC Plan Hurts MSTR Shareholders
Shares of Strategy Inc. fell about 7% after the company released second-quarter earnings, while Peter Schiff argued that its STRC financing priorities…
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Bitcoin
AI Economy Can Jumpstart Dollar Stablecoin Dominance
Two AMRO economists warn that American dominance in artificial intelligence (AI)-linked energy, infrastructure, production, and payment rails can lead to a renewed…
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Bitcoin
Circle Hits Regulatory Milestone With NYDFS Trust Charter
The limited trust charter received adds to the OCC approval to establish a National Trust Bank, positioning Circle as one of the…
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Bitcoin
Coinbase Hits Record 10.3% Market Share Despite $359M Loss
Coinbase Global (Nasdaq: COIN) captured an all-time-high 10.3% share of global crypto trading volume in the second quarter, even as the exchange…
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Bitcoin
NY Sues Kalshi, Demanding $100K Fine Per Illegal Bet
The lawsuit alleges that Kalshi acted as an unlicensed gambling operator, stressing that prediction markets meet the legal definition of gambling as…
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Bitcoin
BSP Removes Two Firms From Registered VASP List
Bloomsolutions, Inc. (BloomX) and XenRemit, Inc., a subsidiary of Xendit Group, were excluded from the latest central bank VASP roster.
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Bitcoin
What If You Could Earn DeFi Yields Without Using DeFi?
Bitget's new integration with Morph, Gauntlet, and Morpho allows users to earn on-chain yields on USDC and BTC without navigating complex DeFi…
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Bitcoin
Strategy Swings From $14B Profit to $8.2B Loss as Saylor Sells
Strategy Inc. (Nasdaq: MSTR) posted an $8.22 billion quarterly loss as bitcoin’s price slide erased last year’s $14 billion gain. Regardless, the…
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