Crypto News
The latest cryptocurrency news, market moves and industry updates.
Coinbase Q2 profit misses estimates despite record crypto market share
Coinbase's Q2 profit misses estimates due to softer spot trading and low volatility, despite record crypto market share, with growth in derivatives and stablecoins, according to CoinTelegraph
Strategy books $8.2 billion Q2 loss on bitcoin price decline
Strategy books $8.2 billion Q2 loss on bitcoin price decline and builds cash reserve for dividend payments.
Coinbase sinks 5% after missing second quarter revenue estimates
Coinbase's revenue misses estimates, leading to a 5% stock price decline, with $1.22 billion in Q2 revenue, a decrease from $1.5 billion in the prior year
Telegram’s Pavel Durov responds to Russia’s terrorism designation
Telegram founder Pavel Durov responds to Russia's terrorism designation, stating it's due to his refusal to enable mass surveillance and censorship on the platform.
Senator Schumer proposes agency to address corruption, including Trump’s crypto ventures
Senator Schumer proposes a new agency to address corruption, including Trump's crypto ventures. The proposal references Trump's crypto earnings and foreign business ties.
Aviva Investors launches tokenized fund after Central Bank of Ireland approval
Aviva Investors has launched a tokenized fund after receiving approval from the Central Bank of Ireland, providing blockchain-based access to a regulated US dollar liquidity fund
Global banks test tokenized money for cross-border payments in $1 million BIS pilot
Global banks including JPMorgan, Citi, and UBS have tested tokenized money for cross-border payments in a $1 million pilot. The pilot utilized blockchain-based settlement to move real money across borders.
Canadian crypto ownership increases to 25%: Ontario survey
A survey of over 2,000 Canadians found a 25% crypto ownership rate, with increased awareness of industry risks. This is based on reporting from CoinTelegraph.
Bitcoin stable as Fed fave PCE inflation sees first monthly drop in six years
Bitcoin remains stable as US PCE inflation data sees first monthly drop in six years, sparking relief bounce in US stocks