Crypto News

Cryptocurrency news covering Bitcoin, Ethereum, and altcoins. Track crypto prices, blockchain developments, DeFi trends, and regulatory updates.

Bitcoin Faces Choppy August as ETF Interest Stalls
Crypto Sarah Chen

Bitcoin Faces Choppy August as ETF Interest Stalls

Bitcoin's 7.5% July gain meets muted ETF demand in August. Historical data shows August weakness, with median decline of 7.49%.

IBIT
Coinbase Shares Tumble 10.6% on Q2 Loss, USDC Revenue Dip
Crypto Sarah Chen

Coinbase Shares Tumble 10.6% on Q2 Loss, USDC Revenue Dip

Coinbase (COIN) shares dropped 10.6% after Q2 revenue missed estimates and the company posted a net loss of $359.5 million, with USDC revenue declining 4%.

COIN HOOD CRCL
XRP Ledger Amendment Set to Shift Reserve Burden to Institutions
Crypto Sarah Chen

XRP Ledger Amendment Set to Shift Reserve Burden to Institutions

XRP Ledger's upcoming upgrade may drive institutional demand by shifting reserve requirements, but its impact on XRP supply remains limited. The amendment is pending validator approval.

IBIT
BitMine Stock Gains 9% Weekly Despite Ether Flat; NAV Discount Narrows
Crypto Sarah Chen

BitMine Stock Gains 9% Weekly Despite Ether Flat; NAV Discount Narrows

BMNR climbed 9.4% for the week despite a 2.8% drop in Ether. NAV stands at $18.12-$18.48, with shares trading at a discount.

BMNR SBET MSTR COIN GLD
MARA Stock Slides as Bitcoin Dip Exposes Reduced Treasury Leverage
Crypto Sarah Chen

MARA Stock Slides as Bitcoin Dip Exposes Reduced Treasury Leverage

MARA shares fell 2.7% as bitcoin dropped 2.5%. The miner's reduced BTC treasury lowers sensitivity to price swings, but Q2 earnings due Aug. 6 face cost pressures.

MARA RIOT CLSK IREN MSTR
Coinbase Stock Tumbles on Q2 Profit Miss, Weak Q3 Guidance
Crypto Sarah Chen

Coinbase Stock Tumbles on Q2 Profit Miss, Weak Q3 Guidance

Coinbase shares sank 5.6% in after-hours trading after Q2 adjusted EBITDA fell 36.5% below consensus, while Q3 services guidance also missed forecasts.

COIN HOOD
Strategy Shares Dip After Q2 Results, $3.75B Reserve Bolsters Bitcoin Position
Crypto Sarah Chen

Strategy Shares Dip After Q2 Results, $3.75B Reserve Bolsters Bitcoin Position

Strategy shares slipped after Q2 results showed an $8.22B net loss, but a $3.75B reserve offers breathing room for its massive Bitcoin position.

MSTR
Bitcoin Steadies Near $65K as Treasury Yields Outshine Crypto Carry Trade
Crypto Sarah Chen

Bitcoin Steadies Near $65K as Treasury Yields Outshine Crypto Carry Trade

Bitcoin hovers near $64,728 amid rising Treasury yields and weak ETF inflows, with spot volume hitting a five-year low. Institutional interest remains tepid.

IBIT
XRP Holds Near $1.08 as ETF Assets Trail Inflows by 34%
Crypto Sarah Chen

XRP Holds Near $1.08 as ETF Assets Trail Inflows by 34%

XRP edges up to $1.08, but U.S. spot ETF assets of $989 million trail net inflows by $507 million, signaling weak institutional demand.

CME JPM
Bitcoin ETF Inflows Return, But Rally Concentrated in BlackRock's IBIT
Crypto Sarah Chen

Bitcoin ETF Inflows Return, But Rally Concentrated in BlackRock's IBIT

U.S. spot bitcoin ETFs saw net inflows of $32.1 million on July 29, with BlackRock's IBIT attracting $89.8 million, but other funds saw outflows, limiting the rebound.

BLK IBIT FBTC GLD USO UNG SPY QQQ
MARA Holdings Rises on Bitcoin Bounce, Energy Pivot in Focus
Crypto Sarah Chen

MARA Holdings Rises on Bitcoin Bounce, Energy Pivot in Focus

MARA Holdings (NASDAQ:MARA) edged toward $11 in premarket trading, tracking Bitcoin's rebound, as investors eye the company's energy pivot ahead of Q2 earnings on August 6.

MARA RIOT CLSK IREN
MARA Holdings Drops 3.3% as Bitcoin Decline Overshadows AI-Driven Gains
Crypto Sarah Chen

MARA Holdings Drops 3.3% as Bitcoin Decline Overshadows AI-Driven Gains

MARA Holdings (NASDAQ:MARA) closed down 3.3% at $11.38 as Bitcoin fell 1.3% to $63,940, reversing recent AI-linked gains. Key events include the Fed decision and MARA's Q2 earnings on August 6.

MARA RIOT CLSK IREN