Bitcoin exchange-traded funds (ETFs) ended July with positive returns, even though there was increased selling activity toward the end of the month. This resilience suggests sustained investor interest in Bitcoin-related products despite market volatility. The performance of these ETFs may influence future investment flows as investors weigh the risks and opportunities in the cryptocurrency market.
Trump Media has sold another 2,628 Bitcoin worth about $165 million, adding to a total of 7,281 BTC sold over seven months for roughly $545 million. The company initially bought 11,542 BTC at an average price of $118,522 each but now faces an unreali...
Japan's Finance Minister Satsuki Katayama and the US Treasury are actively coordinating interventions to slow the yen's decline, which has reached a 40-year low near 160-162 per dollar. Japan has spent about $63.5 billion on past yen interventions an...
On July 31, the XRP Ledger faced a strain on its peer-to-peer infrastructure due to a flood of validator manifests, which are data packets connecting validator identities to signing keys. Despite this, the network continued processing transactions an...
Ondo Finance launched its perpetual DEX trading platform less than a month ago, and its daily trading volume has more than doubled from $128 million to over $300 million, pushing cumulative volume close to $6 billion. This growth is notable as it occ...
Balchem Corporation reported Q2 earnings with an EPS of $1.49, beating estimates by $0.07 and exceeding revenue consensus by $15 million, showing an 11% year-over-year increase. All business segments grew, with revenue gains ranging from 8.9% to 15%,...
