Month: August 2025

Bitcoin Price Reacts as US CPI for July Comes in Below Expectations

The highly anticipated US Consumer Price Index numbers for July are out, and they show that inflation in the largest economy is lower than previously expected. The regular CPI came in at 2.7% year-over-year, compared to the 2.8% estimate provided by the experts. The Core CPI, which excludes volatile...
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Qubic Claims Majority Control of Monero Hashrate, Raising 51% Attack Fears

Qubic, a project led by former IOTA co-founder Sergey Ivancheglo, says it has secured more than 51% of Monero’s global hashrate, a milestone that, if true, gives it the ability to reorganize blocks, censor transactions, and attempt double-spends on the privacy-focused blockchain. Ivancheglo framed the move as a stress...
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Circle Unveils Layer-1 Blockchain Arc, Reports $428 Million Q2 Loss

Circle (CRCL) reported a second-quarter net loss even as circulation of the second-largest stablecoin, USDC, almost doubled from the year-earlier period and on-chain transaction volume more than quintupled to $5.9 trillion. The company also said it is developing a layer-1 blockchain “designed to provide an enterprise-grade foundation for stablecoin...
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Circle’s USDC Growth, Expanding Partnerships Propel Stock Higher

Circle Internet Group (NYSE:CRCL) stock gained after it reported second-quarter results on Tuesday. The company reported a quarterly revenue growth of 53% year-over-year (Y/Y) to $658.08 million, topping the analyst consensus estimate of $540.02 million. The quarterly adjusted EPS loss of 43 cents beat the analyst consensus estimate of...
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