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Tether reported an operating profit of $1.5 billion for the second quarter, according to figures released by the stablecoin issuer. The company, which operates the world's largest stablecoin USDT by market capitalization, disclosed the results alongside a notable decline in its reserve buffer, which fell by approximately
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Strategy, the business intelligence firm led by executive chairman Michael Saylor, reported an $8.2 billion net loss for the second quarter, driven primarily by a decline in the price of bitcoin. The loss reflects unrealized impairment charges on the company's substantial bitcoin holdings, which have grown significantly
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Ondo Finance is reportedly weighing a potential acquisition valued at up to $500 million, according to a report from CoinDesk published on July 29, 2026. The tokenized real-world asset (RWA) protocol is said to be evaluating the deal, though specific details regarding the acquisition target have not been publicly disclosed
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The company says it now holds 5.79 million ETH, equal to 4.8% of the cryptocurrency's circulating supply, while expanding its staking operations and share buyback program.
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XXI stock dropped nearly 18% after the company's co-founder stepped down and Tether's plan to combine three Bitcoin firms officially fell apart.
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The asset manager's S-1 for a spot WLD fund would be the first U.S. ETF tied to Sam Altman's biometric crypto project.
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T. Rowe Price's TKNZ Active Crypto ETF began trading Thursday after the firm filed for the product in October.
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Crypto venture firm Paradigm has raised its fourth fund, a $1.2 billion vehicle that will invest in crypto, AI, robotics, and other startups.
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Bitcoin Magazine Metaplanet Adds 2,823 Bitcoin, Reaches 43,000 BTC and Becomes World’s Third-Largest Corporate Treasury Metaplanet added 2,823 BTC in the second quarter to reach 43,000 Bitcoin, becoming the world's third-largest corporate Bitcoin treasury behind Strategy and Twenty One Capital. This
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Bitcoin Magazine Visa, Mastercard, And Over 140 Companies Launch Stablecoin Open USD Visa, Mastercard, Stripe, Coinbase, and 140+ firms have launched Open USD (OUSD), a new yield-sharing stablecoin that aims to challenge Circle and reshape the economics of the $300 billion stablecoin market. This po
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Circle's stock dropped approximately 8% following reports that a coalition of major financial and crypto industry players — including Stripe, Coinbase, and BlackRock — are backing a rival stablecoin network. The development rattled investor confidence in Circle, the issuer of USDC, one of the largest stablecoins by market capitalization. Circle
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Michael Saylor’s Strategy unveiled a capital framework allowing Bitcoin sales to fund dividends, a $2.55 billion reserve and buybacks while raising STRC payout to 12%.