BitGo has introduced Lightning Earn, a new product allowing institutional bitcoin holders to earn routing fees by providing liquidity on the Bitcoin Lightning Network. This service operates through BitGo Bank & Trust, a regulated entity supervised by the Office of the Comptroller of the Currency, ensuring compliance and security for corporate treasuries. Unlike typical crypto yield products, Lightning Earn generates income from real payment activity rather than lending or speculative schemes. This launch completes BitGo's institutional Lightning strategy, offering custody, infrastructure, and now yield, providing a regulated way for institutions to earn income on idle bitcoin holdings. The main risk is that fee income depends on Lightning Network transaction volume, which institutions must consider before investing.
Taiwan Semiconductor Manufacturing Company (TSMC) reported a 23.4% increase in second-quarter profit from the previous quarter, surpassing analyst estimates. The company's net income reached NT$706.56 billion ($39.45 billion), a record high for the f...
National Beverage faces stagnant growth as LaCroix volumes have declined for four straight years, reducing brand excitement. The stock trades at reasonable multiples reflecting muted growth and no clear catalysts for upside. Despite stable gross marg...
Arthur Hayes reversed his crypto strategy by purchasing over $3.7 million worth of Ethereum after selling 6,000 ETH at a loss of about $606,000 just weeks prior. This move follows his pattern of bold crypto trades and quick exits, which have drawn cr...
A bitcoin wallet that had been inactive since 2017 moved its entire holding of 5,908 BTC, now worth about $383 million, to a new, unidentified address. The coins were originally bought near bitcoin's 2017 peak at around $16,000 each and have gained r...
Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...
