Tencent reported a second-quarter revenue of 204.78 billion yuan, slightly above estimates, driven by a 17% year-on-year increase in domestic gaming revenue. However, net profit was 56 billion yuan, below the expected 61.82 billion yuan, partly due to rising capital expenditure as Tencent invests heavily in AI infrastructure. The company is expanding AI-driven advertising and testing AI assistants within WeChat, aiming to monetize its large user base despite intense competition and a 26% stock decline in 2026. Investors are watching how Tencent balances growth and spending amid a competitive tech landscape in China.
Bitcoin surged past the Short-Term Holder Realized Price of $67,000-$69,000 for the first time since May, signaling a potential shift in market momentum. The Long-Term Holder Realized Price remained steady near $49,200, indicating no major sell-off f...
On January 30, 2026, Kevin Warsh was nominated as Federal Reserve Chair, triggering a sharp crypto market sell-off due to expectations of higher interest rates and aggressive balance-sheet cuts. Bitcoin dropped 7% from $84.6k to $78.7k, with $2.4 bil...
Strategy holds 840,447 Bitcoin, about 4% of total supply, valued at $64.86 billion as Bitcoin trades near $77,175, creating an unrealized gain of $1.5 billion over its $63.36 billion acquisition cost. CEO Michael Saylor emphasizes Bitcoin as "digital...
Solana has launched a governance vote on proposal SGP-0002 to double its annual disinflation rate from 15% to 30%, accelerating the reduction of new SOL token issuance. This change could cut the projected six-year SOL supply by 18.9 million tokens, w...
XRP has seen a major rally in South Korea, capturing 32.20% of Upbit's trading volume during a period when the exchange processed about $830 million in just one hour. Upbit's 24-hour turnover reached approximately $3.81 billion, with Bithumb also rep...
