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Galaxy reports $46 million loss despite bitcoin mining growth: Q2 earnings recap

There’s some bright spots in Galaxy’s quarter 2 earnings despite its net loss of $46 million, with its mining business posting strong revenues.

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Author: Frank Chaparro

XRP, SOL Lead Crypto Market Bounce; RLB and UNIBOT Surge on Bullish Sentiment

Trading volumes for rollbit tokens grew 500% on a revamped token buy-and-burn plan.

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Author: Shaurya Malwa

Stablecoin Market to Grow to Almost $3T in Next 5 Years: Bernstein

Major global financial and consumer platforms are expected to issue co-branded stablecoins resulting in significant growth for these cryptocurrencies, the report said.

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Author: Will Canny

Bitcoin’s ‘Taker Buy-Sell Ratio’ Surges Signals Renewed Bullish Vigour

The taker buy-sell ratio measures the buy volume divided by the sell volume of takers in perpetual swap trades.

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Author: Omkar Godbole

Cardano-Based MuesliSwap to Refund ‘High Slippage’ Losses for Users

Users are said to have lost varying amounts of funds by setting slippage too high due to a “misunderstanding.”

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Author: Shaurya Malwa

Illicit flows on Ethereum hit yearly high last week

Ethereum, the leading blockchain proof-of-stake blockchain, recorded its worst week of the year in terms of illicit flows.

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Author: Ryan Weeks

First Mover Asia: First $30K, Then $40K, but Bitcoin Needs Volatility First

The world’s largest digital asset is rangebound, but so far this year, bitcoin is beating the returns most digital asset funds are posting.

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Author: Sam Reynolds

Coinbase Exec: ‘There’s No Playbook’ for Public Company Launching Blockchain

As Coinbase, the big U.S. crypto exchange, plans to launch its new Base blockchain on Wednesday, CoinDesk interviewed Jesse Pollak, who’s leading the effort. Here’s an excerpted version.

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Author: Bradley Keoun

Bitcoin isn’t going anywhere, says billionaire investor David Rubenstein

Billionaire investor David Rubenstein said bitcoin isn’t going away, citing “enormous interest” in the longstanding cryptocurrency. 

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Author: Sarah Wynn

Novogratz goes ‘Tubthumping’ with Chumbawamba, says crypto can’t stay knocked down

Novogratz said that Galaxy would “fight like cats and dogs” for market share, should a spot bitcoin ETF be approved.

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Author: MK Manoylov


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