Coinbase (COIN) shares fell about 4% in after-hours trading Thursday after the crypto platform reported weaker-than-expected first-quarter results as falling crypto prices weighed on trading activity, one of the company’s main sources of revenue. The company posted a loss of $1.49 per share, compared with analyst expectations for a 27-cent profit. Revenue came in at
JPMorgan analysts have stated that Strategy, led by Michael Saylor, could make Bitcoin purchases totaling approximately $30 billion by 2026 if the current pace continues. The analysts noted that the company particularly accelerated its purchases in April. According to a report published by JPMorgan’s analyst team led by Nikolaos Panigirtzoglou, Strategy has purchased a total
For years, Germany has been one of the most crypto-friendly countries for long-term investors. Hold Bitcoin for over a year, and profits are completely tax-free. Now that advantage may be under threat. Finance Minister Lars Klingbeil recently announced that crypto taxation would be revised as part of the 2027 federal budget. While the details are
Cleveland Fed President Beth Hammack, among other Fed officials, gave cautious messages regarding expectations of interest rate cuts. Hammack stated that the Fed’s current policy stance remains the baseline scenario for the long term, and that the statements in the latest meeting minutes, interpreted by markets as suggesting “the next step could be an interest
A crypto analyst has projected explosive price targets for both the Bitcoin price and the Solana price. According to the forecast, if Bitcoin surpasses $400,000, Solana could be trading around $1,500 at the same time. The basis of this projection rests on the assumption that altcoins could mirror $BTC’s explosive rally to reach their respective
As part of efforts to connect tokenized real estate products to millions of DeFi and Web3 users, FOGNET, a high-performance blockchain designed for asset tokenization, today announced a strategic partnership with MoonFun.AI, a Web3 ecosystem and cross-chain meme coin launchpad. The collaboration enabled FOGNET to integrate with MoonFun.AI’s multi-chain asset management and launchpad ecosystem, linking
BlackRock said advisors should consider Bitcoin, gold, and alternative strategies as portfolio diversifiers as stock and bond correlations remain elevated in the current market regime. In a May 6 report titled How to diversify with bitcoin, gold and alternative investments, the asset manager said geopolitical and economic shocks have made traditional portfolio construction less reliable.
Starknet is introducing shielded Bitcoin with configurable public and private modes, aiming to give $BTC holders more privacy in DeFi. A five-party federation, including $NEAR Protocol via $NEAR Intents, handles initial minting, burning, and bridging. The launch positions Bitcoin as a more private, productive asset rather than just a transparent store of value. The long-standing
CoreWeave will present Q1 results after the markets close on Thursday. The company expects 100% revenue growth, but increasing net losses due to aggressive capital expenditures. CoreWeave prepares to report with a positive outlook, and its Q1 results may serve as a signal for the AI narrative. CRWV stocks are expected to trade with increased
Fomoin, a famous Web3 launchpad, has collaborated with Catto Verse, a feline-themed decentralized AI platform for Web3 market intelligence and automation. The partnership aims to incorporate AI-led crypto instruments and enhance consumer experiences across both networks. As per Fomoin’s official X announcement, the development will shortly unveil unique integrations, utility-led developments, community campaigns, and new