Phantom will end support for the Monad network on Aug. 26, the wallet company said on X on Friday, cutting off the high-throughput EVM chain roughly nine months after its November 2025 mainnet launch. “We’ll soon begin notifying Monad users in-app with links to support articles that share options to move or swap their Monad-native
Bitcoin is trading roughly 50% below its all-time high set back in October, and more than 40 weeks into the current downturn, four separate long-term indicators are converging in a way that has historically marked the later stages of a bear market rather than the early ones, according to one analyst. A Historically Accurate Model
A politically themed America First ETF acquisition just reshaped one of the more unusual corners of U.S. asset management. On July 27, 2026, Yorkville America Equities announced the completion of its acquisition of the Point Bridge America First ETF, folding the fund into the Truth Social Funds family and relaunching it under a new name
Crypto has spent years competing to build faster blockchains. Ondo Finance thinks the next battle won’t be about building another chain at all. Instead, it will be about execution. According to reporting by The Block, Ondo Finance has unveiled the Ondo Network, a new execution layer designed to deliver centralized exchange (CEX)-like trading speeds while
Investment bank TD Cowen has sharply reduced its price target for Nakamoto, a publicly traded company that holds Bitcoin as its primary treasury asset, by 58% to $17 from $40. The significant downgrade, first reported by The Block, reflects a weakening outlook for Bitcoin and growing concerns over Nakamoto’s leveraged capital structure. Behind the Downgrade
Crypto trading platform Uphold said it cut roughly 17% of its global workforce as it reallocates resources toward its fast-growing enterprise business. Eight five people in total were affected by the cuts, and this included permanent staff and contractors. The layoffs, which hit employees across multiple regions, were driven by a strategic decision to double
Strategy has extended its financial runway by raising sufficient capital to cover interest costs for the next 25 months, according to data shared by crypto analysis account EmberCN. The company raised its cash holdings to $3.75 billion through stock sales last week, providing a substantial buffer against ongoing debt expenses. How the math works The
PayPal’s board looked at a $53 billion buyout offer from Stripe and Advent International and said no. That rejection, formalized on July 20, is now the most consequential strategic bet the company has made in years — and it comes with a very specific burden of proof. Key takeaways Stripe and Advent International offered $60.50
Bank of America analysts recently warned that August could be a difficult month for US stocks, suggesting investors look at safer options like the US dollar and gold. They point to typical summer slowdowns and overall market conditions that might make people more cautious. The big question now for crypto investors is whether Bitcoin will
Ether ETFs Outpace Bitcoin as Late-Week Selling Erodes Crypto Fund Gains Crypto exchange-traded fund (ETF) investors began the week buying with conviction and ended it heading for the exits. The reversal was sharp, but not quite strong enough to erase the early gains in bitcoin and ether funds. From July 20 through July 24, U.S.