SpaceX (SPCX), Elon Musk’s space technology company, reported its first quarterly results as a public company on Tuesday, announcing second-quarter revenue of $7.8 billion. That figure topped Wall Street expectations of $6.9 billion, while narrowing its quarterly loss to to $541 million as growth accelerated across its launch, Starlink and AI businesses. The company reported
The majority of surveyed Russian citizens fail to recognize significant use cases for cryptocurrency despite its upcoming legalization in their country. The finding comes before the enforcement of a comprehensive regulatory framework in September as Moscow seeks to take the reins of the growing market. Russians remain skeptical about crypto ahead of restrictive regulations Around
Crypto analyst Ali Martinez shared critical technical levels for Bitcoin, Hyperliquid, and $XRP, noting that the amount of $BTC being moved to exchanges and miner sales could increase selling pressure in the market. According to Martinez, Bitcoin is testing the upper boundary of a descending channel formation. Therefore, the $64,300 level stands out as a
History has a way of repeating itself, and right now, that’s exactly what the market seems to be pricing in. Of course, there’s no guarantee that past events will play out the same way again. But in trading, investors often look at historical patterns and previous cycles to guide their decisions. This sometimes creates the
Nasdaq-listed Bitcoin mining rig manufacturer Canaan announced on Aug. 4 its intention to sell a portion of its cryptocurrency holdings to finance a share repurchase program. The company’s board approved the American depositary share (ADS) buyback plan in December 2025, and the proceeds from the crypto sale will be directed toward executing it. Why Canaan
India’s stock market witnessed an unusual divergence this week after the Securities and Exchange Board of India (SEBI) rolled out its new Closing Auction Session (CAS), triggering sharp swings in benchmark indices and reigniting debate over how markets discover their final closing price. Why Did the Nifty Reverse? The Nifty 50 erased part of Monday’s
The United States joined Japan’s effort to support the yen after preliminary central-bank data indicated Tokyo may have deployed almost $96 billion over two days, putting Bitcoin traders on alert for a possible unwind of positions financed with cheap Japanese capital. On Aug. 3, Japan’s Ministry of Finance confirmed that it purchased yen in coordination
Enterprises are moving quickly toward agentic AI, but deploying autonomous software safely inside existing business systems remains one of the industry’s biggest challenges. The Hashgraph Group (THG) believes the next opportunity isn’t just building AI agents. It’s helping companies integrate them into real-world operations. The Swiss engineering company, which develops Web3 and AI infrastructure on