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Ethereum’s Network Is Booming, So Why Is ETH Still Underperforming?

On-chain data shows that the Ethereum blockchain has developed a lot in the past few years, currently processing more activity than ever before. At the same time, the underlying asset has failed to benefit, as it continues to struggle below $2,000. One analyst believes this disconnect has become one of the biggest debates surrounding the […]

The ‘Huge’ Macro Week Is Here: Will This Data Finally Spark a Crypto Breakout?

Bitcoin, the altcoins, and the broader financial markets face another eventful week, with geopolitical developments, key US labor data, major earnings reports, and fresh economic indicators all capable of influencing investor sentiment. The cryptocurrency market is in a fragile place once again. The weekend moves on the war front in the Middle East did little […]

Teleprompter Operator Accused in Kalshi Betting Case Is No Longer a Federal Employee

White House teleprompter operator Gabriel Perez is no longer employed by the federal government after being placed on unpaid leave over allegations that he used insider knowledge to bet on President Donald Trump’s speeches, according to another official. Speaking on condition of anonymity, the official said that Perez had left his government job but did […]

Robinhood’s Q2 Revenue Hits Record $1.31B as Prediction Markets Fuel 10x Surge in Event Contracts

Robinhood posted record second-quarter net revenue of $1.31 billion, up 32% year-over-year, as activity across prediction markets, options, and equities helped offset a sharp decline in crypto income. The company’s transaction-based revenue jumped 44% to $776 million during the quarter. Event contracts emerged as one of its fastest-growing businesses. In fact, revenue from event contracts […]

Cardano Rockets by 9%, Bitcoin Reclaims $63K After War De-Escalation: Weekend Watch

Bitcoin’s price dipped to another multi-week low at just over $62,000 on Saturday evening but rebounded to $63,500 on Sunday morning after US President Donald Trump said he had canceled the planned attacks against Iran. Most larger-cap alts have turned green with minor increases, led by Cardano’s native token, which has jumped by 9%. BTC […]

Strategy Posts $8.2B Q2 Loss as Coinbase Revenue Falls 19%

Leading Bitcoin treasury company Strategy’s results for the second quarter show a loss of over $8 billion, while crypto exchange Coinbase reported a 14% quarterly revenue loss. According to the two companies’ latest earnings reports released on Thursday, Strategy lost over $8.23 billion in its operations after recording an unrealized loss of $8.32 billion in […]

Bitcoin Price Rebounds as Trump Calls Off Iran Strikes and Hints at a Deal

Bitcoin’s price is on the move today, prompted by the latest developments on the US-Iran war front, but this time in the opposite direction. After it slipped to another multi-week low yesterday evening, the cryptocurrency has rebounded by approximately $1,500 and now sits at around $63,500. The reason for this is the major de-escalation announced […]