Bitcoin/USD Coin Metrics
Crypto wobbles into August as Trump’s new tariffs trigger risk-off sentiment
A screen showing the price of various cryptocurrencies against the US dollar displayed at a Crypto Panda cryptocurrency store in Hong Kong, China, on Monday, Feb. 3, 2025. Lam Yik | Bloomberg | Getty Images The crypto market slid Friday after President Donald Trump unveiled his modified “reciprocal” tariffs on dozens of countries. The price […]
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Coinbase shares tumble as second-quarter revenue disappoints
Coinbase shares fell Thursday as second-quarter revenue came in shy of analysts’ estimates. Gains in the cryptocurrency exchange’s subscription revenue failed to offset weaker trading volumes during the quarter. In the quarter ended June 30, Coinbase net income rose to $1.43 billion, or $5.14 per share, from $36.13 million, or 14 cents per share, a […]
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Coinbase says it’s launching tokenized stocks, predictions markets for U.S. users in coming months
Thiago Prudencio | LightRocket | Getty Images Coinbase is planning to expand its core trading app beyond crypto, the company said Thursday. The newly imagined “everything exchange” will include tokenized real-world assets, stocks, derivatives, prediction markets and early-stage token sales. The new offerings will roll out in the next few months, first to U.S. users, […]
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SEC debuts ‘Project Crypto’ to bring U.S. financial markets ‘on chain’
Jakub Porzycki | Nurphoto | Getty Images The Securities and Exchange Commission on Thursday debuted “Project Crypto,” an initiative to modernize securities rules and regulations to allow for crypto-based trading. “To achieve President Trump’s vision of making America the crypto capital of the world, the SEC must holistically consider the potential benefits and risks of […]
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At 10 years old, Ethereum’s future is brighter than ever despite recent setbacks
Omar Marques | Lightrocket | Getty Images It’s been a decade since Ethereum’s inception, and although its native ether token has largely struggled for the last half of it, its future looks brighter than ever. Ether has become more attractive to institutions in recent weeks largely due to legislation around stablecoins – most of which […]
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MicroStrategy copycats are getting out of control as Canadian vape company joins fray
The logos of Bitcoin, Ethereum, and Tether outside a cryptocurrency exchange in Istanbul, Turkey, on Wednesday, Nov. 6, 2024. David Lombeida | Bloomberg | Getty Images The crypto market’s bullishness may be tipping into speculative frenzy, if the latest MicroStrategy-style copycat is any indication. On Monday, a little-known Canadian vape company saw its stock surge […]
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Bull market enters the ‘anything goes’ phase. Should you follow?
“Hey, you never know” was the catchphrase of New York State Lottery ads through much of the 1990s. An old friend in advertising who worked on another state’s lottery account once told me his creative team couldn’t get that line out of their minds, failing to improve upon the way it so perfectly captured the […]
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Tesla dumped 75% of its bitcoin at one of the worst times, losing out on billions
Thiago Prudencio | LightRocket | Getty Images Tesla missed on the top and bottom lines in the second quarter, but another miss was buried in its investor deck. The company’s digital assets are currently valued at $1.24 billion. That’s up substantially from $722 million a year ago. But anyone who’s been following the crypto market […]
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Bitcoin could pull back with equities in the coming weeks, warns Piper Sandler
Bitcoin has notched new records this year as more investors embrace its digital gold narrative – but Piper Sandler warns the crypto is still vulnerable to stock market moves and could stumble in the coming weeks should worries about tariffs or rates hit risk assets. “We recommend taking profits on stocks that have benefitted most […]
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Peter Thiel-backed cryptocurrency exchange Bullish files to go public on NYSE
Peter Thiel, co-founder of PayPal, Palantir Technologies, and Founders Fund, holds hundred dollar bills as he speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. Marco Bello | Getty Images The Peter Thiel-backed cryptocurrency exchange Bullish filed for an IPO on Friday, the latest digital asset […]
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