MARA Holdings reported a net loss of $611.3 million in Q2 2026, with revenue falling 27% year-over-year to $174.9 million due to lower Bitcoin prices despite a 3% increase in Bitcoin production. The company sold some Bitcoin to fund operations and pledged more as collateral for new credit facilities supporting its pivot to AI infrastructure, including a planned $1.5 billion acquisition of an Ohio gas plant and computing campus. While mining output improved, higher energy costs and fair-value losses on digital assets pressured results. MARA aims to balance Bitcoin holdings with expanding AI and power capacity, with key upcoming milestones including financing execution and regulatory approvals.
Ethena's synthetic dollar token USDe experienced a sharp price drop to $0.65 on Binance during a market sell-off, while prices on decentralized exchanges like Curve and Uniswap remained stable near $1. The crash was caused by Binance's thin orderbook...
Veteran trader Peter Brandt projects that XRP's price could eventually reach $5.40, a roughly 260% increase from its current trading price around $1.50. His analysis is based on a long-term monthly chart showing XRP breaking through a key resistance ...
The NEAR cryptocurrency surged 78.2% over seven days, outperforming the overall crypto market's 6% gain. This rise is linked to NEAR's new privacy features making deposits and withdrawals confidential on near.com, and a significant $29.3 billion cumu...
On September 21, Ethereum spot ETFs attracted a total of $270 million in net inflows, with BlackRock's iShares Ethereum Trust (ETHA) leading by drawing $110 million, about 41% of the total. This inflow indicates strong institutional demand for Ethere...
Anchorage Digital has chosen LayerZero as its preferred partner to provide interoperability for stablecoins issued through its federally chartered bank. The first token to use LayerZero's Omnichain Fungible Token (OFT) standard is Tether's USAT, enab...
