News

Strategy Reports $10 Billion Net Income in Q2 Amid Bitcoin Surge

Key Highlights from Strategy (MSTR) Financial Report Operating earnings for Q2 reached $14 billion, or $32.60 per share. Net income stood at...

Tether Reports $4.9 Billion Net Profit for Q2 2025

Tether International reported a record net profit of approximately $4.9 billion for Q2 2025, highlighting its growth in the stablecoin...

Weak Bitcoin Treasury Companies Face Risks in Upcoming Bear Market

The latest episode of "What Bitcoin Did" hosted by Danny Knowles discusses the sustainability of Bitcoin treasury companies amid market volatility....

Justin Drake Introduces Lean Ethereum Roadmap to Enhance Security and Simplicity

Ethereum Foundation researcher Justin Drake has proposed a framework called Lean Ethereum for the network's long-term development. The initiative...

Analyst Predicts Bitcoin Could Drop 50% to $60,000 Soon

Crypto analyst Xanrox predicts that the current bullish cycle for Bitcoin may be nearing its end, with a potential price decline to $60,000. This...

Former OpenSea Manager Nathaniel Chastain Wins Appeal Against Conviction

Nathaniel Chastain, a former manager at the OpenSea NFT marketplace, had his convictions for wire fraud and money laundering overturned by the US...

Figma Shares Surge 198% on IPO, Company Holds $70 Million in Bitcoin ETF

Shares of Figma (FIG) increased by 198% on its debut on the New York Stock Exchange following a $1.2 billion initial public offering (IPO). Shares...

SEC Launches Project Crypto to Modernize US Securities Law

On July 31, SEC Chairman Paul Atkins announced "Project Crypto," a regulatory initiative to modernize securities law and integrate US financial...

VALR Launches xStocks, First Tokenized US Stock Trading Platform in Africa

Africa's largest crypto exchange, VALR, has launched xStocks, a tokenized equities product enabling African users to invest in US-listed companies....

SEC Launches Project Crypto to Modernize Regulations for Digital Assets

SEC Chairman Paul Atkins announced the launch of "Project Crypto" aimed at reshaping U.S. crypto policies following President Trump's directives. ...

Tether Reports $4.9 Billion Net Profit in Q2 and $4 Billion Investments

Tether International Ltd. reported a second-quarter net profit of $4.9 billion. Key financials include: Reserves exceeded $162.5 billion against...

Blockstream Launches "Simplicity" Smart Contract Language on Liquid Network

Blockstream has launched "Simplicity," a programming language for smart contracts on the Liquid layer-2 network. Co-founded by Dr. Adam Back,...

Helium Plus Launches to Enable Businesses to Join Network Using Wi-Fi

Helium is launching Helium Plus, a service designed to enhance business participation in the Helium Network. Helium Plus allows public Wi-Fi...

Visa Partners with Paxos to Support USDG and PYUSD Stablecoins

Visa Inc. is expanding its involvement in stablecoin payments by partnering with Paxos to support USDG and Paypal USD (PYUSD) on its settlement...

Philippine Government Launches Blockchain-Based Document Verification System on Polygon

The Philippine government has launched a blockchain-based document verification system on Polygon, despite a brief network outage due to the...

Ethereum Celebrates 10-Year Anniversary as Corporate Treasury Asset

July 30 marked the 10-year anniversary of Ethereum’s launch. Recent discussions highlight Ether's increasing adoption as a treasury reserve asset...

Robinhood Reports Strong Q2 Earnings Amid Cautious Analyst Upgrades

Robinhood's second-quarter earnings exceeded expectations, prompting analysts to adjust their price targets while maintaining a cautious outlook....

Visa Expands Settlement Platform to Support Three Stablecoins and Two Blockchains

Visa is expanding its stablecoin settlement platform to include new blockchains and stablecoins. Key updates include: Support for PayPal USD...

Alchemy Achieves 66% Reduction in Delay for Stablecoin Transactions

Stablecoins are set to become faster, with improvements in transaction speeds that could rival traditional finance systems like Visa and Mastercard....

Bengaluru Police Identify Cause of $44 Million CoinDCX Crypto Heist

Bengaluru police have identified the cause of a $44 million hack of Indian cryptocurrency exchange CoinDCX. Hackers posed as recruiters to trick a...

Analyst Predicts ETH Could Reach $16,000 with Institutional Support

Ether (ETH) is currently trading around $3,800, with bullish price targets emerging on social media. Analyst Edward suggests a potential rise to...

Hedera (HBAR) Gains 8% Following Major Network Developments

Hedera Hashgraph (HBAR) Performance HBAR has gained 8% in a single day, trading at approximately $0.275 with a market cap of $11.75 billion....

Clearpool Launches Payment Financing Products and New Stablecoin Yield Token

Clearpool has launched new products aimed at financing payments for fintechs involved in cross-border transfers and card transactions. Key offerings...

Crypto Market Enters Final Stage of Liquidity Cycle for Profit Growth

Michael Howell, CEO of CrossBorder Capital, indicates that the market is in a lucrative final stage of the liquidity cycle. Key points...

Pi Network Introduces TransFi to Enhance Fiat Access in Wallet

Following the Pi2Day event in late June, the price of Pi coin has decreased by over 15%, now trading at $0.40 due to selling pressure and issues...

CoinDesk Indices and SGX Launch iEdge CoinDesk Cryptocurrency Indices

CoinDesk Indices, in collaboration with SGX Indices, has launched the iEdge CoinDesk Cryptocurrency Indices. These indices aim to provide...

Bitcoin Enters Late Bull Market Stage with Price Target of $141K

Recent data from CryptoQuant indicates that Bitcoin is in the late stage of its current bull market cycle. Analyst Axel Adler Jr. found that new...

CoinDesk 20 Index Rises to 3987.71, HBAR Gains 7.9%

The CoinDesk 20 Index is currently at 3987.71, reflecting a rise of 2.9% (+112.96) since Wednesday at 4 p.m. ET. All 20 assets in the index are...

Bolivia Signs Agreement with El Salvador for Crypto Policy Development

On July 30, Bolivia's central bank signed an agreement with El Salvador to develop a legal and technical framework for cryptocurrency adoption. This...

Bitcoin Approaches $122,056 Resistance While XRP Holds Above $2.995 Support

Daily analysis of top tokens with CME futures by CoinDesk analyst Omkar Godbole. Bitcoin Bitcoin (BTC) trades between $116,000 and...
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