U.S. stocks shed gains on Friday, with renewed trade war jitters and weak jobs data spooking investors and sending the Dow Jones Industrial Average down 500 points. Summary Stocks fell as investors reacted to latest jobs data report. The Dow Jones Industrial Average dropped more than 500 points, while S&P 500 and Nasdaq slipped 1.2%
CodexField, a popular Web3 code and content asset platform, has partnered with SolanaPen ($SOLPEN), a renowned player in the Decentralized Physical Infrastructure Networks (DePINs) ecosystem developed on Solana. The partnership aims to bolser convergence between the content monetization as well as AI-driven DePIN infrastructure within the Solana network. As the platform disclosed in its announcement,
Bitcoin is showing clear signs of weakness, with increasing selling pressure driving the price lower. The asset has now approached a decisive multi-month support zone, with a confirmed breakdown triggering a sharp decline toward the $111K threshold. Technical Analysis By ShayanMarkets The Daily Chart After an extended period of sideways movement within the $116K to
The Hashgraph Group (THG) has launched a self-sovereign identity (SSI) platform called “IDTrust” to provide a blockchain-based digital identity solution for individuals and institutions. In an announcement sent exclusively to Cointelegraph, THG said the IDTrust platform is built on the Hedera network and will be powered by artificial intelligence. An SSI platform allows users to
In a major nod to its enterprise-grade security and compliance practices, digital asset wealth platform Nexo has officially completed its SOC 2 Type 2 and SOC 3 Type 2 audits for the third year in a row. — These independent audits, conducted by leading cybersecurity firm A-Lign, confirm that Nexo continues to meet the rigorous
French firm Crypto Blockchain Industries announces a major expansion of its Bitcoin treasury holdings in an all-equity deal. Summary CBI announces an all-equity deal for acquiring more Bitcoin reserves. SAFEbit plans to gradually exchange 2,000 BTC for CBI shares. Bitcoin treasuries are gaining traction globally. Global firms are increasingly betting on Bitcoin (BTC) treasury holdings.
Bitcoin’s price held around $114,656 to $115,078 over the last hour as of August 1, 2025, with a total market capitalization of $2.28 trillion and a 24-hour trading volume reaching $57.10 billion. The intraday price fluctuated within a narrow range of $114,326 to $118,696, signaling consolidation after recent volatility. Bitcoin On the daily chart, bitcoin
According to the latest report published by crypto financial services platform Matrixport, the key catalysts that will allow Bitcoin to enter a new bullish cycle are becoming increasingly clear. Matrixport: Key Catalysts for Bitcoin’s New Uptrend Becoming Clear The report notes that despite positive developments such as strong capital inflows into Ethereum ETFs, growing institutional
While U.S. dollar-backed stablecoins continue to dominate the conversation, recent discussions with investors indicate a growing focus on the tokenization of real world assets (RWAs), including stocks, bonds, bank deposits, and real estate, Bank of America (BAC) said in a report Monday. According to BofA, this shift marks the beginning of a multi-year journey toward
Coinbase made a significant announcement while reporting its financial results for the second quarter of 2025. The company purchased 2,509 Bitcoin (BTC) during the second quarter, bringing its total BTC holdings to 11,776. Coinbase Surpasses Tesla with 2,509 BTC Purchase, Entering Top 10 Public Bitcoin Treasuries These purchases cost approximately $222 million, while Coinbase’s total