BitFuFu Inc. reported a Q2 2026 earnings per share of -$0.02, missing estimates and showing a 100% earnings surprise. Revenue fell 62.9% year-over-year to $42.8 million, driven by a 27.5% drop in Bitcoin price and lower demand for cloud mining, resulting in a $20.5 million net loss. Despite setbacks, the company is expanding its self-mining production and hosting services, with hosting revenue up 254% year-over-year. Management calls this period one of "operational repositioning" to adapt to market headwinds.
Robinhood is expected to see over 20% revenue growth by 2027, driven by a revival in crypto transactions and solid business momentum. The company trades at about 35 times forward free cash flow, with projected free cash flow of $3.1 billion in 2027, ...
XRP has surged more than 8% in three days following whale accumulation of approximately 1.54 billion tokens valued at $2.2 billion. This buying activity, combined with strong technical support and the upcoming XRP Ledger Batch V1.1 upgrade expected a...
Billionaire investor Tim Draper has called on major tech companies Apple and Meta to hold Bitcoin on their balance sheets as a safeguard against potential monetary instability caused by ongoing U.S. government spending and fiscal deficits. Draper arg...
Ethereum surged 4.8% to $2,752.53, nearing the $3,000 mark as BitMine increased its holdings by 27,562 ETH, now holding nearly 5% of total supply. Despite $140 million weekly outflows from US spot Ethereum ETFs, a sharp $143.8 million inflow on Frida...
The Harbor Ares Systematic High Yield ETF returned 3.11% in the second quarter, mainly due to effective security selection guided by Ares Systematic Credit’s proprietary Sentiment and Valuation research. The ETF favored higher-quality high yield bond...
