News
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Coinbase shares sink after trading weakness hits quarterly profit
By Niket Nishant and Alun John Aug 1 (Reuters) - Coinbase COIN.O shares slumped 15% and hit their lowest in more than a month on Friday, after the crypto exchange reported a drop in second-quarter adjusted profit due to a slowdown in trading.The stock was last trading at $321.68, set to wipe out...Reuters
Fri, Aug 1
Intel moves on from three executives as manufacturing pivot continues
Chip making firm, Intel has announced the retirement of three senior executives as part of sweeping changes to its manufacturing and technology development operations. The move comes under the direction of new chief executive Lip-Bu Tan, who is seeking to reposition the US chipmaker after years of market share losses and rising competition. The company […]Cryptopolitan
Fri, Aug 1
Weak US jobs report piles pressure on Powell as Wall Street bets on September rate cut
The July jobs report dropped and instantly wrecked whatever confidence was left in Jerome Powell’s “strong labor market” line. Nonfarm payrolls rose by just 73,000, way below the 100,000 economists were hoping for, and barely higher than the revised June figure of 14,000. That’s what the BLS now says was added in June after slicing […]Cryptopolitan
Fri, Aug 1
Cardano Founder Hails ‘Most Advanced Stablecoin Ever Built’
Cardano founder Charles Hoskinson has intensified the ecosystem’s push into regulated, privacy-preserving digital dollars, declaring on July 31 that “Moneta’s USDM is becoming the most advanced stablecoin ever built.” The remark, posted on X, came in the wake of a multi-day workshop in Buenos Aires ...Bitcoinist
Fri, Aug 1
OpenAI hits $300B valuation after filling $8.3B raise ahead of schedule
OpenAI secured a $8.3B funding round at $300B valuation, managing to draw in a wider list of investors ahead of schedule. In H1, the company achieved up to $13B recurrent revenues, after shifting to a for-profit model.Cryptopolitan
Fri, Aug 1
Did the IMF Just Formally Recognize Bitcoin? Here Are the Top Cryptos to Buy in August
Sometimes it takes only a few words to mark a major policy shift. For all the attention given to recent US crypto legislation, including the GENIUS Act and CLARITY Act, the International Monetary Fund and United Nations Statistical Commission may have done just as much for crypto adoption in a coupl...Bitcoinist
Fri, Aug 1
Crypto Disaster: Qubetics Token Crashes Nearly 100%—Possible Rug Pull
A sudden crash in the TICS token has shaken confidence in Qubetics, the blockchain project that promised to bring together Bitcoin, Ethereum and Solana networks. Based on reports, the token plunged 97% after a failed airdrop launch. Investors who hoped for quick gains were left scrambling to underst...NewsBTC
Fri, Aug 1
Visa Expands Stablecoin Ecosystem To Include PayPal, Circle
Global digital payment company Visa, has announced plans to enhance its settlement platform by incorporating additional stablecoins and blockchain technologies. This decision comes amid a global shift toward a more crypto-friendly landscape. After years of skepticism regarding digital assets, the US...Bitcoinist
Fri, Aug 1
Coinbase ‘Everything App’ to Offer Tokenized Stocks & Boost Bitcoin Hyper
Coinbase has announced ‘Everything Exchange,’ a one-stop app for trading tokenized stocks, derivatives, prediction markets, and early-stage tokens. Once launched in the coming months, it aims to make on-chain trading faster, easier, and more accessible to US investors. It’s bound to drive broader ad...Bitcoinist
Fri, Aug 1
Battle For Solana Supremacy: Is Pump.Fun Set To Take Back Market Share From Bonk.Fun?
Solana’s memecoin arena is heating up as Pump Token challenges Bonk Coin for dominance. Over the past week, Pump Token bounced off a new low, trading at $0.003105 with a 26% surge in 24 hours and over $650 million in volume. Meanwhile, Bonk Coin slid 14 % amid institutional selling, dropping from $0.00003565 to $0.00003062 […]Cryptopolitan
Fri, Aug 1
Core Scientific Inc expected to post a loss of 8 cents a share - Earnings Preview
Core Scientific Inc CORZ.OQ CORZ.O is expected to show a fall in quarterly revenue when it reports results on August 5 (estimated) for the period ending June 30 2025The Dover Delaware-based company is expected to report a 42.2% decrease in revenue to $81.588 million from $141.1 million a year ago...Reuters
Fri, Aug 1
Spoznajte TOP 3 najlepšie kryptomeny na nákup v auguste 2025
S príchodom augusta kryptomenový trh je plný očakávania a zdá sa, že tento mesiac môže byť pre digitálne aktíva mimoriadne dôležitý. Napriek tomu, že posledné týždne boli pre mnohé altcoiny pozitívne, pravá altseason ešte nezačala. Viacerí analytici sa však zhodujú, že práve august môže byť obdobím,...Bitcoinist
Fri, Aug 1
JPMorgan’s Jamie Dimon Has Converted to Crypto Believer: $BEST to Soar Next?
Jamie Dimon just went from branding Bitcoin a “fraud” to calling himself a “believer” in stablecoins. This, in another institutional change of heart that could see leading crypto wallets’ native $BEST token explode in the near future. Dimon’s shift isn’t small talk. For years, the JPMorgan CEO dismi...NewsBTC
Fri, Aug 1
XRP Breakout Targets $15—Analyst Says ‘This Is Just The Start’
XRP may be entering its most explosive phase in years, according to crypto analyst CryptoInsightUK, who on July 31 released a sweeping technical breakdown that suggests the token’s breakout from a six-year consolidation range could soon send prices to $15—and potentially beyond. “This is just the st...NewsBTC
Fri, Aug 1
SEC Just ‘Lit A Rocket Under’ Ethereum, Says Expert
Eric Conner, a prominent Ethereum figure who helped design the network’s landmark fee-market overhaul EIP-1559 and recently left the ecosystem to work in artificial intelligence, said late Thursday that the US Securities and Exchange Commission’s new policy direction amounts to a dramatic tailwind f...Bitcoinist
Fri, Aug 1
XRP Price Predictions Cut While Bitcoin Swift Delivers On-Chain Rewards From Day One
XRP is back in the spotlight, but this time it’s not the kind of hype investors were hoping for. While the token continues to draw interest, its sluggish growth trajectory tells a sobering story. Analysts project a meager climb to just $3.30 by 2026, inching up to $4.01 by 2030, and barely scratching $6.53 by […]Cryptopolitan
Fri, Aug 1
