Coinbase’s Bitcoin premium has dropped into negative territory for the first time since May. This development is bearish for the flagship crypto as it suggests that demand from the U.S. may be waning. Coinbase Bitcoin Premium In The Red CryptoQuant data shows that the Coinbase Bitcoin Premium Index is at -0.00254829, marking the first time […]
Key Takeaways Coinbase stock fell 7% in after-hours trading as Q2 adjusted net income came in at just $33M, down from $524M in Q1. Coinbase bought $222M worth of Bitcoin during the quarter, bringing its crypto investment portfolio to $1.8B. Share this article Coinbase reported weaker-than-expected second-quarter results on Thursday, sending its stock down more […]
by Enoch Mwathwa Tether has reported $2.6 billion in profit from its Bitcoin and gold reserves for the first half of 2025. The gains come amid broader revenue growth as the company issued $13.4 billion worth of USDT in Q2 alone. Tether Reports Strong Profit from Bitcoin and Gold Holdings Tether released its Q2 2025 […]
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A closely followed crypto analyst says that one metric is signaling Bitcoin (BTC) may surge to a massive new all-time high. In a new thread, crypto trader Ali Martinez tells his 145,200 followers on the social media platform X that, based on the short-term holder (STH) cost basis model, Bitcoin may increase more than 19% […]
TL;DR Coinbase plans to launch specific XRP and SOL products, thereby giving US investors more options to manage risk and speculate on the prices of these cryptocurrencies. Alongside reaffirmed support for XRP and SOL, the exchange added BankrCoin (BNKR) on the Base network and listed Treehouse (TREE) with an Experimental label. The assets experienced major […]
by Enoch Mwathwa Shiba Inu’s lead developer, Shytoshi Kusama, has hinted at a new AI-driven partnership that could shape the future of the ecosystem. This announcement coincides with the launch of key projects, including the Shib Alpha Layer and Position DEX, marking a fresh chapter for the SHIB ecosystem. Shibarium Ecosystem Advances with Alpha Layer […]
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing […]
The chief investment officer of crypto asset management firm Bitwise, Matt Hougan, says traditional finance (TradFi) companies are on the hunt for higher returns in the cryptocurrency space. In a new interview on The Wolf of All Streets, Hougan says that after making “tons of money” in Bitcoin exchange-traded funds (ETFs), TradFi firms are now […]
by Enoch Mwathwa The U.S. Securities and Exchange Commission (SEC) has delayed decisions on two crypto ETF applications. The pause affects Truth Social’s Bitcoin ETF and Grayscale’s application to convert its Solana Trust to an ETF. These delays reflect the regulator’s ongoing review of new digital asset investment products. Truth Social’s Bitcoin ETF Decision Postponed […]
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