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Twenty One Capital reports $413.5M Q2 loss mainly from Bitcoin valuation drop amid CEO's new growth plans.

Market News
11 Aug 2026
Crypto news
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Bearish
pluang ai news

Twenty One Capital posted a $413.5 million net loss in Q2 2026, driven largely by a $401.5 million decline in Bitcoin holdings value. The company's financial results are heavily influenced by Bitcoin price fluctuations, as it holds Bitcoin as its main asset. New CEO Raphael Zagury plans to diversify revenue by acquiring businesses, expanding capital markets services, and offering Bitcoin-backed loans. The company is shifting focus from just holding Bitcoin to building an operating business to generate cash flow.

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AI use grows among sports fans in 2026, with accuracy key to trust; many want a single sports app but few will pay for it.

AI use grows among sports fans in 2026, with accuracy key to trust; many want a single sports app but few will pay for it.

In 2026, AI usage among sports fans rose to 69%, with accuracy being the top factor driving trust in AI-generated sports content. Nearly half of fans want a consolidated sports app to simplify their experience, though only 29% are willing to pay for ...

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LayerZero ends support for 15 blockchains by Aug 28, 2026; users must move funds or lose access.

LayerZero ends support for 15 blockchains by Aug 28, 2026; users must move funds or lose access.

LayerZero will stop supporting 15 blockchains on August 28, 2026, affecting users who bridged tokens via Stargate and left funds on these chains. Without the LayerZero DVN and Executor services, users cannot move or redeem their bridged tokens, effec...

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Bearish
4 hours ago
XRP gains 50% in a week, but German tax rules mean most gains are still taxable.

XRP gains 50% in a week, but German tax rules mean most gains are still taxable.

XRP's price rose over 50% in the past week, reaching $1.51, outperforming Bitcoin's 23.6% gain. However, in Germany, XRP gains are tax-free only if held for more than one year. Most investors with real gains bought XRP less than a year ago, meaning t...

Market News
Neutral
4 hours ago
Bank of America preferred shares yield 6.6%, offering stable income amid strong bank performance.

Bank of America preferred shares yield 6.6%, offering stable income amid strong bank performance.

Bank of America (BAC) preferred shares Series NN and QQ currently yield 6.6%, providing an attractive income option compared to long-term U.S. Treasuries. The bank's solid operating results, including rising net interest income and steady loan growth...

Market News
Bullish
4 hours ago
Most Volksbanken offer limited crypto trading via DZ Bank's meinKrypto platform, with varied availability and fees.

Most Volksbanken offer limited crypto trading via DZ Bank's meinKrypto platform, with varied availability and fees.

As of August 2026, only a few Volksbanken publicly offer crypto trading through the DZ Bank-operated meinKrypto platform, accessible via the VR Banking App. The service is licensed under EU regulations and allows trading of Bitcoin, Ethereum, Litecoi...

Market News
Neutral
5 hours ago
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