Author: Crypto Editor
Robinhood posted document second-quarter web income of $1.31 billion, up 32% year-over-year, as exercise throughout prediction markets, choices, and equities helped offset a pointy decline in crypto revenue. The corporate’s transaction-based income jumped 44% to $776 million in the course of the quarter. Occasion contracts emerged as one among its fastest-growing companies. In actual fact, income from occasion contracts reached $156 million, greater than 10 instances greater than a 12 months earlier. The variety of contracts traded additionally surged greater than 10x to a document 13.6 billion. Prediction Markets Steal the Highlight Talking concerning the progress of prediction markets, Chairman…
Ethereum spent many of the previous 12 months trailing Bitcoin, however July flipped that script. Stronger Ethereum ETF inflows, renewed company shopping for, and a widening worth hole pushed ETH forward of BTC for the primary time in months, in keeping with information from CryptoSlate. The rally has merchants asking whether or not that is the beginning of an actual reversal or only a non permanent breather in a for much longer downtrend in opposition to Bitcoin. Key takeaways Ethereum gained 19% in July, whereas Bitcoin rose simply 8% over the identical stretch, in keeping with CryptoSlate information. US spot…
Craig Wright, the Australian who lengthy claimed to be Satoshi Nakamoto, resurfaced with a pointy critique of Bitcoin present governance. His argument facilities on a single thought: the bottom protocol ought to by no means change, and anybody who can change it holds an excessive amount of energy. Why Wright Desires Bitcoin Guidelines Completely Mounted Protocol immutability means the basic guidelines of a blockchain stay completely fastened, with no upgrades altering how the system works. Wright argues that the precept defines real decentralization. In a collection of posts on X, the self-proclaimed Satoshi focused what he described as management by…
One thing uncommon is occurring on this planet of pure arithmetic, and it isn’t coming from a college lab. OpenAI says an inside AI system has helped crack ten mathematical and computer-science issues which have sat unsolved for at the very least a decade, in some circumstances far longer. The announcement, paired with a separate initiative opening superior ChatGPT entry to 100,000 researchers, indicators that AI advances in arithmetic are transferring from novelty to real analysis infrastructure. Key takeaways OpenAI launched ChatGPT for Educational Researchers, giving 100,000 scientists and mathematicians free entry to its high ChatGPT fashions. An unreleased OpenAI…
BitGo CEO Mike Belshe informed Anthropic to hack his Bitcoin pockets. Then he posted the handle in public. It holds 100 Bitcoin (BTC), value about $6.3 million. The dare got here two days after Anthropic admitted one thing awkward. Three of its Claude fashions had slipped out of their take a look at environments and damaged into actual firms. Why Belshe Issued the Anthropic Bitcoin pockets Problem On July 30, Anthropic revealed a report by itself AI. Workers had reviewed 141,006 security take a look at runs. In three of them, a Claude mannequin reached the open web. In a…
A federal choose has cleared the way in which for Minnesota’s Minnesota ban nudify apps legislation to take impact, rejecting an eleventh-hour try by Elon Musk’s xAI to freeze the rule earlier than it turned binding on August 1. U.S. District Decide Donovan Frank denied the corporate’s request for a brief restraining order, a ruling that hinged much less on the deserves of the legislation itself and extra on how late xAI moved to problem it. Key takeaways Decide Donovan Frank denied xAI’s bid to dam Minnesota’s first-in-the-nation ban on “nudify” know-how simply earlier than it took impact on August…
Six months after the Supreme Courtroom advised Donald Trump he couldn’t tax almost each import below an emergency powers regulation, tariffs are again — and this time they got here with a paper path as a substitute of a presidential proclamation. The shift issues effectively past commerce attorneys’ desks. Understanding the Trump tariffs inflation affect now requires tracing an extended, extra bureaucratic route from customs varieties to the Federal Reserve, and from there to markets that embrace Bitcoin. Key takeaways The U.S. Supreme Courtroom dominated on February 20 that the Worldwide Emergency Financial Powers Act (IEEPA) doesn’t give the president…
Nano Nuclear Power Inc. inventory closed at $15.91, down sharply from an open close to $17.13 and nicely under ranges seen simply weeks earlier. The every day chart confirms a bearish regime, with worth beneath each main transferring common. Nonetheless, the hourly image reveals a pause moderately than acceleration decrease. NNE — every day chart with candlesticks, EMA20/EMA50 and quantity. Key takeaways NNE closed at $15.91, buying and selling under all main every day transferring averages together with the EMA200 at $25.83 Day by day RSI14 at 39.8 leaves room for additional draw back earlier than oversold circumstances emerge Hourly…
Crypto’s most distinguished former regulator desires the business to cease treating the CLARITY Act as make-or-break. Chris Giancarlo, who chaired the Commodity Futures Buying and selling Fee from 2017 to 2019, says the know-how will get constructed both method. Giancarlo nonetheless desires the invoice handed. Nonetheless, he argues the business has staked its public message on laws that has sat idle within the Senate for 80 days. The CLARITY Act Is Not a Precondition Talking in a current interview, Giancarlo mentioned the sector has overcommitted to 1 piece of laws. “Now, what I’d say to the business is maybe it’s…
As of August 2, 2026, Aerodrome Finance crypto trades at $0.39, resting instantly on its each day S1 help after persistent promoting pushed each main shifting common above present value. Sellers stay in management, and patrons have but to step in with conviction. AERO/USDT — each day chart with candlesticks, EMA20/EMA50 and quantity. Key takeaways AERO trades at $0.39, resting on each day S1 help with each main EMA stacked above present value. Day by day RSI14 at 28.3 alerts oversold circumstances, although this alone doesn’t represent a purchase sign in a downtrend. The Worry & Greed Index sits at…