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Coinbase Posts $1.4 Billion in Q2 Revenue, Claims Improving ‘Regulatory Clarity’
Top American crypto exchange Coinbase today beat market estimates in its quarterly results—posting $1.4 billion in revenue and $36 million in net income. Read more
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Tether Records Massive Profits and Expands US Treasury Holdings in 2024
Tether, the entity behind the widely used USDT stablecoin, announced an impressive profit of $5.2 billion for the first half of 2024. Alongside its profit surge, Tether has also significantly increased its reserves, now holding a record $97.6 billion in United States government bonds. Read more
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Lummis unveils the BITCOIN Act to establish strategic BTC reserve for the US
Following her announcement of a historic proposal to supercharge the US dollar and pay down the national debt by establishing a strategic Bitcoin reserve, US Senator Cynthia Lummis (R-WY) officially introduced the “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act” in the Senate on July 31. Read more
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Russia Legalizes Crypto Mining and Brings an Experimental Regime
Russia’s lower house of the Federal Assembly, known as the State Duma, has passed two crypto-related laws on Tuesday, a Russia based policy expert told CoinDesk and Ria Novosti, Russia’s state-owned domestic news agency reported. Read more
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Bitcoin Investors are Watching Bank of Japan Moves Ahead of Fed Rate Decision
As the Federal Reserve and Bank of Japan (BOJ) weigh key monetary policy, Bitcoin and other crypto investors are eager to learn how the central banks’ respective moves could influence markets Wednesday. Read more
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Transformation of “Old School Mining and Precious Metals Sector” into a Thriving Digital Asset
Cunningham Mining Ltd, a leading mining and precious Metals company in Canada, is proud to announce its innovative approach to transforming the old school mining sector into a thriving digital asset economy. Read more
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Protective Phone Cases is a $25B Market
The global protective phone case market, valued at $25.7 billion in 2023, is projected to reach $44.5 billion by 2033, growing at a CAGR of 5.64% as consumers seek to safeguard their increasingly expensive smartphones while also expressing personal style. Read more
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Spot Ethereum ETF trading volume cools in third day, falls under $900 million
Spot Ethereum ETFs generated strong trading volume on their third day on the market, but demand is cooling off after their hot start. Read more
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Day One Highlights from the Bitcoin 2024 Nashville Conference
Bitcoin 2024 is underway in Nashville, here are some of the highlights from Day 1. Read more
