Bitcoin, Ethereum and XRP whales increased balances during market weakness, as CryptoQuant said large holders are absorbing supply ahead of a possible bottom. Large cryptocurrency holders are accumulating Bitcoin (BTC) and Ether (ETH) as valuations approach levels associated with the final stage of a bear market, according to CryptoQuant. Rising whale balances during price weakness...Continue Reading
Galaxy Digital reported an $85 million net loss driven by falling digital asset prices and $8.7 billion in revenue that missed Wall Street estimates. Galaxy Digital reported an $85 million net loss for the second quarter of 2026 as cryptocurrency valuations declined in the period. That resulted in a $0.09 loss per share posted on...Continue Reading
The Coldcard entropy flaw caused a crisis of confidence in hardware wallets. Here’s the details you need to know before you entrust Ledger, Trezor or Foundation with your Bitcoin. Just when you thought crypto market morale couldn’t sink any lower, along comes the Coldcard entropy bug to prove you wrong. The discovery of a flaw...Continue Reading
Mastercard and Borderless are exploring ways to bring more trust into cross-border stablecoin transfers through the payment processing giant’s Crypto Credential framework. Payment processor Mastercard and stablecoin orchestration network Borderless will run a new pilot project to explore how Mastercard’s Crypto Credential standards-based framework can bring greater trust to cross-border stablecoin payments. The pilot will...Continue Reading
Stablecoin issuer Circle reported $701 million in Q2 revenue, missing Wall Street estimates of about $713 million. Stablecoin issuer Circle reported $701 million in revenue for the second quarter of fiscal year 2026 on Wednesday, narrowly missing preliminary Wall Street estimates. Circle reported $701 million in total revenue and reserve income, up 7% year-over-year, according...Continue Reading
Binance-linked companies sued RedotPay, accusing it of diverting more than 470,000 Binance Card users under a commercial deal and seeking nearly $473 million in damages. Binance-affiliated companies have sued the founders of Hong Kong-based cryptocurrency payments company RedotPay, alleging they diverted more than 470,000 users from Binance Card in breach of their commercial agreement. The...Continue Reading
US spot Bitcoin ETFs drew $382 million in two-day inflows, with Galaxy’s Bitcoin ETF returning to gains as the Coldcard incident renewed custody concerns. US-listed spot Bitcoin exchange-traded funds (ETFs) are attracting fresh capital as a high-profile cryptocurrency custody incident puts renewed focus on digital asset security. Spot Bitcoin ETFs recorded $211.5 million in net...Continue Reading
The rating recognizes the fund’s ability to maintain a stable net asset value, while S&P separately reaffirmed USDT among the lowest-rated stablecoins under its existing assessment framework. S&P Global Ratings assigned its highest principal stability fund rating to BlackRock’s new tokenized money market fund. The ratings provider assigned an “AAAm” rating to the BlackRock Daily...Continue Reading
Glassnode confirmed that its aggregate BTC price cycle tool was in its coldest phase since the collapse of FTX in late 2022. Bitcoin price-metric basket sees longest capitulation since FTX blow-up: Glassnode Bitcoin (BTC) is seeing its longest capitulation since the end of the 2022 bear market, onchain analytics platform Glassnode reported on Monday. Read...Continue Reading
JPMorgan’s Kinexys platform will tokenize select BlackRock money market fund shares denominated in pounds, euros and US dollars. BlackRock will offer tokenized versions of select European money market funds using JPMorgan’s blockchain infrastructure. According to a Tuesday Bloomberg report, the offering will include pound sterling, euro and US dollar share classes from BlackRock’s Institutional Cash...Continue Reading
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