Risks Are Skewed to a Weaker Nonfarm Payrolls Print, ING Says
A weak report will likely bolster Fed rate-cut expectations and potentially support risk assets, including bitcoin.
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Kamala Harris Can’t Cede Crypto to Trump, Could be Difference in Battleground States: Think Tank
The Presumptive Democratic U.S. presidential nominee cannot afford to cede crypto to Donald Trump and luring crypto voters and donations away could “make a difference in key battleground states,” OMFIF wrote.
ARK Invest Sold $14.8M of Coinbase Shares Thursday Ahead of the Exchange’s Earnings Report
Coinbase revenue beat Wall Street analysts’ expectations, while profit came in lower than the consensus.
Hong Kong’s Futu Launches Bitcoin, Ether Trading, Offers Alibaba, Nvidia Shares as Rewards: Report
For the moment, only bitcoin and ether can be traded, while the company works on “expanding our crypto offerings in the near future.”
Bitcoin Risk-Reward Remains Compelling Even After Price Surges 100% in a Year
Long-term holders are motivated to hold at bitcoin’s going market rate, implying an attractive risk-reward for existing or potential investors, according to the “reserve risk” indicator.
Bitcoin Traders Eye $55K Amid U.S. Stocks Sell-off, XRP Leads Losses in Major Cryptos
Traditional markets from the U.S. to Japan saw declines across major indexes and stocks, with the tremors seeping into the cryptocurrency market.
Indian Survey Reveals Impact of Crypto Taxes and Anti-Money Laundering Rules on Investors
India should consider revising its taxes on crypto and not depend on its anti-money laundering rules to reverse the impact of those high taxes, a survey of Indian investors by a New Delhi-based technology policy think tank revealed.
Bitcoin Miner Marathon’s Shares Tumble After Revenue Unexpectedly Misses Wall Street’s Estimates
The miner said its adjusted EBITDA swung to loss, compared to previous quarter’s profit.
Coinbase Shares Rise After Q2 Revenue Beats Wall Street Estimates Amid Falling Trading Volume
Coinbase (COIN) reported second-quarter earnings on Thursday.
MicroStrategy Reports Q2 Loss; Bitcoin Holdings Rise to 226,500
MicroStrategy reported second-quarter earnings on Thursday.