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Bitcoin drops below $63K after Coinbase misses revenue targets and crypto bill stalls in Senate

Market News
31 Jul 2026
Crypto Briefing
View Source
Bearish
pluang ai news

Bitcoin fell below $63,000, hitting a 10-day low following Coinbase's Q2 revenue miss and the stalled Clarity Act in the Senate. Coinbase reported $1.22 billion in revenue, down 19% year-over-year, missing estimates and posting a $359.5 million net loss, causing its shares to drop significantly. The Clarity Act, aimed at clarifying crypto regulation, faced delays due to Senate opposition and recess timing, adding uncertainty. Investors should watch Bitcoin's $60,000 support level and Senate signals on crypto legislation after the August recess.

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Aurora Innovation targets $80M revenue run rate by year-end with new hardware and growth plans

Aurora Innovation targets $80M revenue run rate by year-end with new hardware and growth plans

Aurora Innovation is advancing toward commercial scaling and aims for an $80 million revenue run rate by the end of the year, driven by next-generation hardware that lowers costs and stronger customer relationships. The company showed steady progress...

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Unibase rallies 15.83% after top AI crypto ranking, eyeing $0.20 resistance

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Unibase (UB) surged 15.83% to $0.1615 following its recognition as a top AI agent cryptocurrency, boosting market cap to $403.86 million despite a 52% drop in trading volume. The rally was driven mainly by renewed interest in the AI sector rather tha...

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Li Auto delivers 30,468 vehicles in July 2026, launches new Li L6, and expands production in Kazakhstan.

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Li Auto Inc. delivered 30,468 vehicles in July 2026, bringing its total deliveries to over 1.76 million. The company launched the new Li L6 SUV and surpassed 300,000 cumulative deliveries of its Li L9 model. It also began localized production of the ...

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AI/R joins Anthropic's Claude Partner Network to boost AI-driven business solutions and certify 1,000+ engineers.

AI/R joins Anthropic's Claude Partner Network to boost AI-driven business solutions and certify 1,000+ engineers.

AI/R, a technology company specializing in agentic AI, has joined Anthropic's Claude Partner Network Services Track. This partnership enhances AI/R's ability to develop AI solutions that improve operational efficiency and decision-making in complex b...

Others
Bullish
4 hours ago
Pump.fun faces layoffs claims amid token unlock and scrutiny over tokenomics and management.

Pump.fun faces layoffs claims amid token unlock and scrutiny over tokenomics and management.

Pump.fun, a Solana-based memecoin launchpad, is under scrutiny after over 40 former employees claimed layoffs without full token compensation. The company restructured in April due to rapid growth, offering severance but allegedly withholding valuabl...

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