Coinbase shares declined about 5% in after hours trading Thursday after the crypto exchange reported a first quarter loss and weaker revenue as trading activity slowed across the market. The company posted $1.4 billion in total revenue, $756 million in transaction revenue, and a $394 million net loss for Q1 2026. The results marked a…
“SOL still looks like one of the strongest coins in the market,” one analyst claimed. Driven by the green wave sweeping the entire crypto market, Solana’s native token briefly pumped above $90, reaching its highest level in the past 20 days. Currently, the asset appears to be at a crossroads, with some analysts calling…
Blockstream CEO Adam Back told Consensus Miami 2026 that bitcoin is winning a security war against DeFi, and that pension funds and sovereign entities are the next buyers. Summary Adam Back argued at Consensus Miami that Bitcoin’s simpler architecture is pulling institutional capital away from DeFi platforms hit by repeated smart contract exploits. He outlined…
BitMine Chairman Tom Lee said the company may slow the pace of its Ethereum purchases as it moves closer to its goal of holding 5% of the total ETH supply. Lee made the comments Thursday at Consensus 2026 in Miami, saying BitMine is evaluating whether it wants to keep accumulating ETH at its current pace….
SoFi generated $121.6 million in crypto transaction revenue in Q1 2026, its first detailed public disclosure since the bank relaunched crypto trading, but $120.7 million of that went to costs. Summary SoFi disclosed that its relaunched crypto unit generated $121.6 million in Q1 transaction revenue. Related costs of $120.7 million nearly wiped out the revenue,…
Michael Saylor, executive chairman of Strategy Inc., posted six words on X on Thursday: buy more Bitcoin than you sell. Buy more bitcoin than you sell. — Michael Saylor (@saylor) May 7, 2026 The post came days after Saylor spent a chunk of the company’s May 5 earnings call explaining how Strategy might periodically sell…
Morgan Stanley holds $269.9 million in Spot Bitcoin ETF positions, with the bulk of that exposure sitting in GBTC – the Grayscale Bitcoin Trust – according to recent 13F filings submitted to the SEC. The bank’s own Spot Bitcoin ETF, trading under the ticker MSBT, pulled in over $200 million in assets within weeks of…
A sustained move above realized price could shift market behavior by returning a large portion of holders to profit. Ethereum (ETH) is sitting at a crossroads that, according to a popular analyst, could define the next major chapter for the second-largest cryptocurrency. That call landed as the asset slipped almost 4% in 24 hours,…
Bitcoin failed to clear its 200‑day simple moving average near $83,300 and slipped back under $81,000, reviving comparisons with the March 2022 breakout that quickly reversed into a deep selloff. Summary Bitcoin failed to clear its 200‑day simple moving average near $83,300 and slid back below $81,000, triggering comparisons with the failed breakout of March…
Payward, the company behind crypto exchange Kraken, is buying Reap Technologies for $600 million using cash and stock valued at $20 billion, Bloomberg reported today. Reap Technologies is a Hong Kong fintech firm specializing in stablecoin-powered payment rails and tools that support global business-to-business money movement. The acquisition is Payward’s first infrastructure deal in Asia…
