Coinbase says Base is processing more stablecoin volume than any other blockchain — and the company is earning less from the network each quarter. In its second-quarter earnings presentation filed Thursday, the exchange said “other” transaction revenue fell 11% quarter-over-quarter to $47.4 million, “largely driven by lower Base revenue,” even as stablecoin transaction volume on
Cryptocurrency analysis platform Santiment shared critical signals regarding the Bitcoin and altcoin markets in its new analysis evaluating recent market developments and on-chain data. According to Santiment analysts, Bitcoin’s 365-day MVRV (Market Value – Realized Value) ratio falling to -26% indicates that long-term investors are significantly at a loss, while historically pointing to bottom formations
Quantum computing may be approaching its biggest milestone yet: generating meaningful commercial revenue, according to IBM CEO Arvind Krishna, who said the technology is close to becoming a business rather than simply a long-term research project. Speaking on CNBC’s Mad Money on Thursday, Krishna said he expects the sector to begin making a measurable contribution
Tether posted approximately $1.5 billion in net operating profit during the second quarter of 2026, supported mainly by returns from its US Treasury portfolio and repo operations, according to the company’s BDO attestation released on Friday. In Q2, USDT supply rose to approximately $184.6 billion by the end of June, extending its share of the
Bitcoin has evolved from a narrative-driven digital asset into a standardized financial instrument that now serves as a leading indicator of global market liquidity, according to Hong Kong-listed crypto firm Xinhua Group. The company’s chief analyst, Fu Peng, shared this view at a recent private seminar, highlighting Bitcoin’s growing role in reflecting broader financial conditions.
BlackRock, a leading asset management firm and one of the top-performing Bitcoin ETF-issuing firms, has added to its Bitcoin stash with another purchase. According to recent data from a crypto monitoring firm, BlackRock has spent about $183.41 million on buying Bitcoin as institutional interest appears to be returning to the market. Bitcoin institutional demand returns
As the leading cryptocurrency Bitcoin continues to search for direction around $64,000, one analyst stated that $BTC has bottomed out and that he does not expect a sharp decline. Crypto analyst Killa, known by his pseudonym and closely followed in the cryptocurrency market, said that Bitcoin is unlikely to experience a sharp pullback to the
Bitcoin is ending July 2026 with a solid gain of around 9.93%, completing a long-awaited reversal after the heavy declines of May and June. The leading cryptocurrency briefly climbed above $65,000, but historical statistics by CryptoRank and technical indicators are warning investors that it may be too early to celebrate, with the most treacherous month
Ken Griffin’s Citadel has bought most of Situational Awareness’ AI stock portfolio at a discount, a move that represents another victory for the billionaire villain of the crypto industry. Indeed, despite years of criticism about Griffin’s traditional finance tactics, the crypto industry keeps giving him more assets. From a copy of the US Constitution, payment
Bitcoin and Ether options with a combined notional value of about $10.43 billion expired on July 31, placing the $64,000 Bitcoin level at the center of the monthly settlement. Greeks.live reported that 149,000 Bitcoin options worth $9.6 billion expired with a 0.28 put-call ratio and $64,000 max pain. Another 435,000 Ether options worth $830 million