Tag: Crypto

Coinbase (COIN) said it is increasing its bitcoin (BTC) holdings and that it plans to launch tokenized U.S. stocks and prediction markets in the coming months, marking a significant expansion of its business as it seeks to diversify its revenue stream. In a post on X on Thursday, Coinbase...

The number of countries exploring and delving into digital assets continues to grow at a steady pace, with no limitations regarding their size or economic status. This latest alliance between two countries from this emerging market is a perfect example of how collaboration and the exchange of information can...

According to a report by Cornerstone on Wednesday, investors in the US have filed six class-action lawsuits tied to crypto so far in 2025. That number nearly matches the seven brought all of last year. Meanwhile, AI-related suits are closing in on last year’s total too. Surge In Crypto...

Coinbase stock falls 7% after Q2 earnings miss as revenue drops 26% and the firm adds $222M in Bitcoin. The post Coinbase misses earnings, stock tumbles 7% despite Bitcoin buying spree in Q2 appeared first on Crypto Briefing....

Strategy (MSTR), the largest corporate holder of bitcoin, plans to raise as much as $4.2 billion through sales of a newly issued preferred stock series, according to a Thursday filing with the U.S. Securities and Exchange Commission. The offering comes just days after the company sold nearly $2.5 billion...

Riot Platforms Inc (NASDAQ:RIOT) reported financial results for the second quarter on Thursday after the bell. Here’s a rundown of the report. Q2 Earnings: Riot reported second-quarter revenue of $152.99 million, beating analyst estimates of $147.65 million. The Bitcoin (CRYPTO: BTC) mining company reported second-quarter earnings of 57 cents...

Bitcoin (BTC) has been trading in an excruciatingly tight range just below $120,000, but the rally is quickly losing momentum as the market enters what has historically been a soft month for the crypto, a report from 10x Research warned. August has been bitcoin’s weakest month over the past...

Coinbase (COIN) reported worse than expected second-quarter results on Thursday, sending its shares down 7% in post-market trading. The crypto exchange posted total revenue of $1.5 billion, up from $1.45 billion in the same quarter last year but slightly lower than FactSet estimates of $1.59 billion. Adjusted earnings before...

Disclaimer: The analyst who co-wrote this piece owns shares of Strategy (MSTR). Strategy (MSTR), the largest corporate holder of bitcoin (BTC), posted second-quarter operating earnings of $14 billion or $32.60 per share, and net income of $10 billion. The massive profit came as the price of bitcoin rose roughly...

Cryptocurrency trading platform company Coinbase Global (NASDAQ:COIN) reported second-quarter financial results after market close Thursday. Here are the highlights. What Happened: Coinbase reported second-quarter revenue of $1.5 billion, down 26% quarter-over-quarter. The revenue missed a Street consensus estimate of $1.69 billion, according to data from Benzinga Pro. Transaction revenue...