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Bitcoin’s weakness near range highs stems from short-term holders trying to break even on underwater BTC investments, Glassnode says. Bitcoin (BTC) recent buyers are the latest hurdle to a breakout from a stubborn trading range in place since June. Key points: In the latest edition of its weekly newsletter, crypto analytics platform Glassnode highlighted the...
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Binance bStocks became the second-largest tokenized stock issuer less than two months after launch, narrowly ahead of Kraken’s xStocks. Binance bStocks has overtaken xStocks to become the second-largest tokenized stock issuer by value less than two months after launch. BStocks reached about $624 million on Aug. 3, surpassing xStocks at roughly $579 million but trailing...
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Securitize shares fell 16% from Wednesday’s close after the tokenization platform’s $14.4 million second-quarter revenue missed Wall Street estimates. Securitize shares sank in premarket trading on Thursday after the tokenization platform missed Wall Street revenue estimates. Securitize reported $14.4 million in total revenue in its second-quarter earnings, down 5% compared to the same period last...
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An $18.8 million unrealized digital asset loss and weaker trading margins pushed BitGo into the red in the second quarter. BitGo, a publicly listed digital asset infrastructure company, posted a $19 million net loss in the second quarter of 2026 despite revenue surging nearly 80% year over year to $4.3 billion. BitGo (BTGO) on Wednesday...
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Copper Markets US will offer qualified custody, staking, financing and OTC services after securing its regulated US presence. Digital asset infrastructure provider Copper has established a regulated presence in the US after its local entity became a broker-dealer registered with the Securities and Exchange Commission (SEC) and a member of the Financial Industry Regulatory Authority...
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Bitwise’s Matt Hougan expects revenue-capture mechanisms to spread across DeFi applications and layer-1 networks over the next 12 to 24 months. Crypto valuations could at least double as protocols increasingly use revenue to fund token buybacks and burns, according to Bitwise Chief Investment Officer Matt Hougan.  On Wednesday, Hougan said crypto outside of Bitcoin is...
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Metaplanet CEO Simon Gerovich said no Bitcoin was sold after the company moved 5,014 BTC between custodial addresses for about $8 in fees. Metaplanet CEO Simon Gerovich has shut down speculation that the Japanese Bitcoin treasury company was selling its holdings. “This was a routine custody operation. No bitcoin was sold, and our holdings remain...
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ASX’s failed blockchain-based CHESS overhaul faces renewed governance scrutiny after the exchange admitted misleading the market. An Australian Securities Exchange (ASX) shareholder plans to seek Federal Court permission to sue certain former ASX officers and directors over alleged breaches of duty connected to its failed blockchain-based clearing and settlement overhaul. On Wednesday, ASX said Rosherville...
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Qualifying new customers can receive full reimbursement, including fees, if they notify both the operator and law enforcement within 30 days. Arizona’s crypto ATM law has helped 35 scam victims receive full refunds totaling $171,332 since the measure took effect in September 2025, according to the state’s attorney general.  On Wednesday, the Arizona Attorney General’s...
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Hawaii will join Minnesota, Tennessee and Indiana in becoming the fourth US state to completely ban the use of cryptocurrency ATMs and kiosks in response to scams. Hawaii will soon become the latest US state to enact a total ban on cryptocurrency kiosks and ATMs after its governor signed off on legislation.  Following the passage...
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