Compass, Inc. announced strong Q2 2026 results with revenue rising 14% year-over-year to $4.31 billion and GAAP net income reaching $92 million. The company exceeded its cost synergy target of $300 million five months ahead of schedule, raising the target to $330 million for Year 1 and $220 million for 2026. Brokerage transaction values and volumes outperformed the market significantly, driven by successful integration with Anywhere. Compass also reported record adjusted EBITDA of $363 million and increased cash balance to $694 million, positioning it well for debt reduction and profitability even in a muted housing market. The company expects continued growth and positive free cash flow for the full year 2026.
Bitcoin's mining difficulty increased by 1.31% at block height 965664, marking the eighth rise in 2026, reaching 127.45 trillion. Despite this, the network's hashrate remained steady at 934 EH/s, below the 1 ZH/s threshold. Meanwhile, the hashprice s...
The Graph (GRT) surged 15% to $0.02 with a 180% rise in trading volume to over $37 million, signaling strong bullish momentum. Top Binance traders show a clear buying bias, and retail involvement has increased, supporting the price rise. However, ris...
Ethereum co-founder Vitalik Buterin has proposed EIP-8141, aiming to simplify Ethereum wallets by allowing multiple actions in one transaction, supporting key rotation to reduce reliance on seed phrases, and enabling apps to pay users' gas fees. This...
Since the Federal Reserve's establishment in 1913, the US dollar has lost about 97% of its purchasing power due to inflation and major economic events. This decline has increased interest in Bitcoin, which offers a capped supply and potential protect...
In Q2 2024, Goldman Sachs held the largest institutional position in XRP ETFs, with $87.45 million in exposure, far ahead of Jane Street and Millennium Management. These holdings represent about 12.4% of the total $1.48 billion in XRP ETF net assets,...
