Swiss banking firm Swissquote Group (SQN) cut full-year revenue and profit forecasts after first-half net crypto income fell 66.2% to 14.6 million Swiss francs ($18 million). Crypto trading volume at the Gland, Switzerland-based fintech dropped 63.5% to 2.58 billion Swiss francs, according to its results presentation. The company cut its net revenue outlook for the
Figure Technology Solutions (FIGR), the blockchain lending firm co-founded by former SoFi CEO Mike Cagney, more than doubled its revenue in the second quarter as lending activity surged across its marketplace The company reported $226 million in net revenue for the quarter ended June 30, up 113% from a year earlier. Net income climbed 192%
Bitcoin ($BTC) slipped toward $63,700 on Thursday as an in-line US inflation report eased some monetary-policy concerns but failed to generate enough momentum for a sustained cryptocurrency rally. The leading cryptocurrency is down by less than 1%, with altcoins recording bigger losses during that period. US inflation matches market expectations The bearish performance comes as
The most consequential crypto launch of 2026 happened with almost no ceremony. On May 13, Charles Schwab began rolling out spot trading in bitcoin and ether to retail clients, inside the half-year window CEO Rick Wurster had promised, at a flat 75 basis points per trade, custodied at Schwab’s own bank with Paxos providing sub-custody
For the third consecutive month, a major inflation print failed to move Bitcoin in either direction. The asset that was supposed to trade on rate cut expectations is trading on something else entirely, and the market has not yet agreed on what that something is. Bitcoin’s price on August 11, the day before the CPI
Asia is becoming the first region where large-scale pilot programs for blockchain-implemented payments are taking place. Authorities in Singapore, Hong Kong, and Japan are creating regulatory frameworks that will enable the use of stablecoins to transfer money under supervision. This is important because these frameworks are progressing from being only in consultation mode to being
Four consecutive weeks of sales. A $102 million realized loss. An $8.2 billion quarterly write down. The company that made corporate Bitcoin treasuries a category is quietly rewriting the playbook it created. Michael Saylor built his reputation on a single trade. In August 2020, MicroStrategy announced that it had converted $250 million of its corporate
Michael Saylor, co-founder and chairman of Strategy, has introduced a framework that categorizes digital assets along a spectrum based on their volatility, return potential, and transactional utility. In a recent post on X, Saylor described Bitcoin ($BTC) as “Digital Capital,” Strategy’s STRC as “Digital Credit,” the firm’s SR-strcUSX as “Digital Money,” and Tether’s $USDT as
As of August 13, 2026, Bitcoin ($BTC) trades near $63,847 and Ethereum (ETH) at $1,895 as markets await the July US Producer Price Index (PPI) data release. However, Indian traders face a USD/INR risk, as the July US PPI could shift Fed rate expectations, the dollar and $BTC prices, potentially altering the final $BTC-INR return.
The Federal Reserve added approximately $5.179 billion to bank reserves through a scheduled Treasury bill purchase settling Wednesday. Social media described the transaction as money entering the U.S. economy. Yet the operation mainly supports the Fed’s control of short-term interest rates. It does not send cash directly to households, companies, or financial markets. BREAKING: 🇺🇸