Bitcoin briefly topped $65,000 on Thursday after US economic growth fell short of forecasts. Data from CryptoSlate show the largest cryptocurrency trading near $64,729 as of press time after reaching an intraday high of $65,071 and recovering from a low of $63,205. The advance followed data showing the US economy expanded at a 1.5% annualized […]
MicroStrategy earnings for the second quarter carried an $8.22 billion net loss and a new metric, BTC Hurdle ARR, that Strategy’s own bitcoin yield is currently running below. The company set that hurdle at 10.8% and reported a 4.5% bitcoin yield for the year. Chief Financial Officer Andrew Kang called the figure its effective cost […]
The world’s largest corporate bitcoin holder says it has built a cash reserve covering more than two years of dividend payments after investors questioned its growing stack of preferred securities.
The world’s largest corporate bitcoin holder says it has built a cash reserve covering more than two years of dividend payments after investors questioned its growing stack of preferred securities.
The ruling limits executive power in procurement, bolstering decentralized AI’s appeal and highlighting risks in unendorsed tokenized equities. The post Judge rules Trump administration lacks evidence to label Anthropic a supply chain risk appeared first on Crypto Briefing.
Supermicro’s AI rack launch could accelerate AI infrastructure deployment, potentially reshaping data center efficiency and market dynamics. The post Supermicro launches AI rack series under DCBBS portfolio, betting big on liquid-cooled infrastructure appeared first on Crypto Briefing.
Coinbase shares fell about 5% after the exchange reported a second quarter loss and $1.2 billion in revenue despite record crypto trading market share. The post Coinbase posts quarterly loss despite gains in trading share and USDC activity appeared first on Crypto Briefing.
Bipartisan support for the Clarity Act could enhance regulatory clarity in digital assets, impacting market confidence and legislative dynamics. The post Lummis urges swift passage of Clarity Act with bipartisan priorities appeared first on Crypto Briefing.
Uniswap’s fee activation enhances protocol sustainability and market position, while reducing UNI supply, potentially increasing token value. The post Uniswap activates fee switch on v4 pools, boosting protocol revenue to $325K per day appeared first on Crypto Briefing.
Reno casinos won $81.6 million in June, a 20.3% increase that outpaced Nevada’s other major gaming markets. Las Vegas moved in the opposite direction: Strip win declined despite a 25.8% surge in convention attendance, while hotel rates and revenue per available room also fell. Conventions and a World Cup Fail to Lift Strip Pricing Reno […]
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