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Exodus reports steady user base and $399M swap volume in June despite crypto market pressure

Market News
09 Jul 2026
GlobeNewsWire
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Neutral
pluang ai news

Exodus Movement, Inc. reported stable monthly active users at 1.5 million and a $399 million exchange volume in June 2026, showing resilience amid broader cryptocurrency market challenges. The company’s digital asset holdings decreased slightly, with Bitcoin at 600 BTC and Ethereum dropping to 457 ETH. Exodus continues to focus on expanding its platform and integrating new services like Monavate/Baanx. This update highlights Exodus's steady operational performance and strategic growth in the self-custodial finance sector.

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US pauses 50% tariffs on Canadian goods after reaching trade deal

US pauses 50% tariffs on Canadian goods after reaching trade deal

President Donald Trump announced a temporary pause on the 50% tariffs scheduled to hit Canadian imports, following a trade deal agreement pending final documentation. The tariffs, set to affect about $20 billion in goods including vehicles, dairy, an...

Market News
Bullish
4 hours ago
Riot Platforms sold 9,665 BTC in H1 2026 to fund AI data center expansion.

Riot Platforms sold 9,665 BTC in H1 2026 to fund AI data center expansion.

Riot Platforms sold 9,665 bitcoin in the first half of 2026, including 4,300 BTC in Q2, to finance its pivot from bitcoin mining to AI infrastructure. Despite reducing its bitcoin treasury to 11,380 BTC, Riot is expanding its data center operations, ...

Market News
Bullish
4 hours ago
CoreWeave draws opposing bets from top investors Tepper and Soros amid AI cloud growth and debt concerns

CoreWeave draws opposing bets from top investors Tepper and Soros amid AI cloud growth and debt concerns

In Q2 2026, David Tepper's Appaloosa fund initiated a significant new position in CoreWeave, an AI cloud infrastructure company, while George Soros's fund held puts against the same stock but reduced their bearish exposure during the quarter. CoreWea...

Market News
Neutral
4 hours ago
Nuclear stocks drop as AI revenue doubts and rising long-term rates hit valuations

Nuclear stocks drop as AI revenue doubts and rising long-term rates hit valuations

Nuclear energy stocks like Oklo, Constellation Energy, and NuScale Power fell sharply due to concerns over AI-related capital expenditure and a spike in long-term Treasury yields to a 19-year high. AI companies reported lower-than-expected revenue fo...

Market News
Bearish
4 hours ago
Palvella advances QTORIN for skin disorders with positive Phase 3 data and $230M funding boost

Palvella advances QTORIN for skin disorders with positive Phase 3 data and $230M funding boost

Palvella is progressing its drug QTORIN, targeting microcystic lymphatic malformations and other skin diseases, supported by positive Phase 3 SELVA trial results. The company is leveraging a repeatable regulatory and commercial platform to expand QTO...

Market News
Bullish
4 hours ago
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