Trump Media & Technology Group reported a $238.1 million net loss in Q2 2026, largely due to $190.4 million in unrealized losses on digital assets and securities. Despite an 89% revenue increase to $1.67 million driven by advertising and subscriptions, the company faced significant investment portfolio declines, especially in Bitcoin and Cronos holdings. Trump Media plans a "more disciplined" digital asset treasury strategy to reduce volatility and improve asset productivity, following the termination of a major crypto venture. The company also increased its Bitcoin holdings to 14,139 BTC by July 31 and is preparing for a potential merger with TAE Technologies in late 2026.
Arthur Hayes, BitMEX co-founder, suggests that Japan's use of the Federal Reserve's FIMA repo facility to support the yen could increase dollar liquidity temporarily, benefiting Bitcoin, Ether, and gold prices. Japan coordinated a yen intervention wi...
Bitcoin fell below $65,000 after failing to hold that level for four days, with ether and XRP leading declines among major cryptocurrencies. The market is cautious ahead of U.S. inflation data, influenced by rising bond yields and higher oil prices. ...
Monero's price briefly surpassed $400, rising nearly 30% since late June, driven partly by a large whale's $36 million long position. Despite this, technical indicators and recent price action suggest the rally may be a pullback rather than a sustain...
Arthur Hayes predicts that the Federal Reserve's plan to help Japan defend the yen by using the FIMA Repo Facility will increase dollar liquidity, which could drive up Bitcoin prices. Japan would use its US Treasury holdings to borrow dollars, conver...
On August 11, cryptocurrency markets displayed mixed performance. XRP remains bearish, trading near $1.03 with resistance at $1.07-$1.18 and risk of further decline if it falls below $1.00. Zcash holds a stronger technical position above key moving a...
