Monthly archives: July 2026

SoFi Technologies, the digital financial services company, reported 388,336 cumulative Crypto products as of June 30. Meanwhile, the company’s Q2 filing reported just $1.183 million of net crypto transaction revenue. The filed earnings release lists $134 million of crypto transaction revenue and $133 million of cost of crypto transaction revenue for the quarter. Their difference …

Continue reading “SoFi reported 388,336 crypto products, but Q2 net transaction revenue only reached $1.2 million”

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 …

Continue reading “Bitcoin struggles to turn US GDP miss into bullish catalyst as strong spending backs Fed caution”

Morgan Stanley’s new Ethereum and Solana exchange-traded funds drew $33 million on their second trading day, outperforming larger rivals and giving the Wall Street firm an early foothold in two increasingly competitive markets. The Morgan Stanley Ethereum Trust, trading under the ticker MSSE, attracted $14.03 million on Wednesday, while the Morgan Stanley Solana Trust, or …

Continue reading “Morgan Stanley Ethereum and Solana ETFs outperform rivals as second-day inflows reach $33 million”

BitMEX settled 35 derivatives today, July 30, closing any remaining positions and canceling open orders as the exchange moved another step toward its September shutdown. BitMEX’s settlement log shows 33 contracts closing almost on the stroke of noon, at 12:00:05 UTC. EURUSD and USDCHF followed at 12:32:25 and 12:33:25 UTC. With prices now posted for …

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Shareholders of Satsuma Technology Plc approved a capital return and delisting with 90.63% and 90.59% of votes cast, respectively, against the majority board’s recommendation. The votes put the UK-listed Bitcoin treasury company on a path toward selling its Bitcoin and returning cash to shareholders. The result converted the conditional proposal CryptoSlate covered on July 16 …

Continue reading “A 90% shareholder rebellion just forced this public company to dump its entire Bitcoin treasury at a crushing £39,984 per-coin loss”

World Gold Council data sourced from official central bank reports found that while H1 2026 demand (345 tonnes) was the lowest since 2022, accumulation accelerated in Q2, with institutions netting purchases of 288.9 tonnes. Poland, Uzbekistan and China pushed demand, while Russia and Turkey were net sellers. Central Bank Gold Demand Picks Up During Q2, …

Continue reading “Central Bank Gold Purchases Jump 62% to 288.9 Tonnes in Q2”

The Central Bank of Brazil reported that demand for cryptocurrency assets, including bitcoin, ether, and stablecoins, reached over $14 billion during the first half of 2026. This represents a 135% increase over H1 2025, indicating continued demand expansion. Central Bank of Brazil’s Statistics Highlight Rise of Crypto and Stablecoin Demand Brazil, the largest economy in …

Continue reading “Stablecoins Eclipse Bitcoin in Brazil as Demand Hits $14.68B”

Grand Theft Auto developer Rockstar has disabled Diamond Casino wagering for Australian GTA Online players, adding the country to a list of restricted territories that has existed since 2019. GTA VI, set to launch four months from now, arrives in a regulatory landscape that did not exist when the franchise last launched, and is expected …

Continue reading “Australia Blocks GTA Online Casino Ahead of Rockstar’s $8B Launch”

Samsung SDS plans to combine its cloud, cybersecurity and IT services business with Dunamu’s blockchain expertise as the companies position themselves to capitalize on South Korea’s emerging digital asset infrastructure market. President and CEO Lee Jun-hee outlined the strategy during Samsung SDS’s second-quarter 2026 earnings call on July 29, describing the company’s recent investment in …

Continue reading “Samsung SDS Plans Stablecoin Expansion With Upbit Operator Dunamu”

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 …

Continue reading “Reno Casino Win Jumps 20% as Vegas Strip Slips Despite Conventions”

Following the Federal Reserve’s decision to hold interest rates steady, Bitcoin briefly surged past $65,000 to a daily peak of $65,100 before facing selling pressure. It settled around $64,700, pushing its market cap to $1.3 trillion and keeping it on track for an over 10% gain in July. A Choppy Road to the Daily Peak …

Continue reading “Bitcoin Reclaims $65K as July Gains Top 10% After Fed Pause”