Tag: Crypto

Coinbase Increases Bitcoin Holdings, Plans Tokenized Stocks In U.S.

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...
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El Salvador Steps In to Help Bolivia Draft Crypto Rules

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...
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Crypto In The Courtroom—2025 Class Actions Could Hit All-Time High

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...
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Bitcoin Miner Riot Platforms Reports Q2 Earnings, Shares Stumble

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...
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Coinbase Stock Tumbles 7% After Disappointing Q2 Results

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...
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