Crypto fundraising rebounded sharply in July, with total capital raised reaching $2.235 billion across 46 deals, according to data from RootData. That marks a 148.9% increase from the $889 million recorded in June, signaling renewed investor appetite despite ongoing market volatility. CeFi dominates fundraising activity Centralized finance (CeFi) emerged as the top sector, attracting $1.23
American Bitcoin Corp., the Bitcoin miner co founded by Eric Trump and majority owned by Hut 8, reported a $57.2 million net loss for the second quarter on Aug. 3. The result included a $71.2 million loss on digital assets, even as the company delivered record production and expanded its reserve to approximately 8,002 $BTC,
Bitcoin traded near $62,747 early on Aug. 3 after reaching an intraday high of $63,697, as investors prepared for five major U.S. economic releases and several closely watched corporate earnings reports. The week begins with the July ISM Manufacturing PMI on Monday. It ends with the official July employment report on Friday. Between those releases,
The number everyone cited in July was 288 percent. Tokenized stock trading volume nearly quadrupled month over month. The figure appeared in research notes, on crypto Twitter, and in three separate newsletter breakdowns. It was real. What nobody emphasized was the denominator. One product drove the surge. QQQB, a tokenized tracker mirroring the Nasdaq-100 index,
Bitcoin could confirm a bear-market bottom in August with a monthly close above $63,000, according to 10x Research. Markus Thielen, founder of 10x Research, said in a Monday report shared with Cointelegraph that Bitcoin closed July below the threshold needed to confirm a technical bottom. A monthly close near $63,000 would turn several of 10x
Standard Chartered-backed Anchorpoint Financial has pushed the public rollout of its Hong Kong dollar stablecoin HKDAP into August after the project missed its previously expected second-quarter and end-of-July timelines. According to the local media outlet the Hong Kong Economic Journal, Standard Chartered Hong Kong and Greater China and North Asia CEO Mary Huen said an
PayPal reported its second-quarter results on July 28, saying total payment volume reached $486.4 billion for the three months ended June 30. That was up 10% from a year earlier, or 9% on a currency-neutral basis. The company also placed stablecoins inside its formal innovation plan and confirmed a three-business structure that includes Payment Services
Rumors that Trade.XYZ has been seeking a $200 million equity financing at a $1.5 billion valuation have sparked conflicting views across the crypto community, with supporters calling the report credible while others have dismissed the claim. According to market chatter circulating on X and Telegram, speculation about the funding round gained traction after several community
Bitcoin slipped below $63,000 on Monday, Aug. 3, even as falling oil prices and stronger U.S. stock futures created a more favorable backdrop for risk assets. $BTC traded near $62,556, down 1.38% over 24 hours and 4.35% over seven days. It had reached a Sunday high near $63,650 before sellers regained control. Ether fell about
The Smarter Web Company has increased its Bitcoin treasury by acquiring another 11.89 $BTC, taking its total holdings to 2,712 $BTC. According to BitcoinTreasuries.NET, the London-listed company completed the latest purchase of 11.89 Bitcoin, lifting its corporate treasury to 2,712 $BTC and moving it to 28th place in the Bitcoin 100 ranking of public companies