Author: John Smith
Robinhood reports Q2 earnings on July 29, covering a quarter that ended June 30. Robinhood Chain launched July 1. The company’s biggest strategic bet contributed exactly zero to the numbers being reported, which makes Wednesday’s call something rarer than a results event: a live interrogation of three weeks of casino data, with retail shareholders holding the microphone. Summary Robinhood reports second-quarter results after the close on July 29, with consensus at roughly $0.41 per share on about $1.27 billion in revenue and options markets pricing a 12.6% post-earnings move, well above the 9% average. The quarter ended June 30; Robinhood…
Ethereum price has remained trapped below $2,000 as rising oil prices, renewed interest-rate concerns and BitMEX’s planned shutdown have tempered bullish sentiment despite continued spot ETF inflows. Summary Ethereum price remains below $2,000 as higher oil prices revive Federal Reserve rate-hike concerns. Spot ETF inflows and positive capital flows continue to support ETH above $1,900. A break above $1,955 could target $2,030, while losing $1,860 would weaken the recovery. According to data from crypto.news, Ethereum (ETH) price traded near $1,927 on July 23 after reaching an intraday high of $1,941. The token has recovered more than 27% from its June…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin-backed lending is regaining traction as investors seek liquidity without selling their holdings, supported by stronger custody and risk practices. Summary Bitcoin-backed lending rebounds in 2026 as Ledn leads platforms offering liquidity without selling crypto holdings. Ledn tops a 2026 ranking of Bitcoin-backed lending platforms as demand for crypto-backed loans continues to grow. Bitcoin holders increasingly turn to crypto-backed loans, with Ledn emerging as a leading lending platform in 2026. Bitcoin holders run into the same problem during every…
The Smarter Web Company has repaid its $11.7 million Smarter Convert instrument ahead of schedule by selling 177.89 Bitcoin, removing a potential 7.7 million-share issuance while retaining a treasury of 2,700 BTC. Summary The Smarter Web Company repaid its $11.7 million Smarter Convert instrument about two weeks before maturity by selling 177.89 Bitcoin. The early repayment removed the potential issuance of more than 7.7 million ordinary shares linked to the financing structure. The company continues to hold 2,700 Bitcoin and said convertible instruments are no longer its preferred source of capital. According to an official announcement from The Smarter Web…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. EX DeFi is gaining attention as investors seek alternative ways to participate in the Bitcoin ecosystem amid improving crypto market sentiment. Summary EX DeFi promotes cloud mining as institutional Bitcoin adoption and U.S. crypto regulation drive market interest. The platform highlights cloud mining as Bitcoin adoption grows and U.S. digital asset regulation advances. It spotlights cloud mining amid rising institutional Bitcoin demand and evolving U.S. crypto rules. With new developments in US digital asset regulation and continued institutional inflows…
U.S. Securities and Exchange Commission Commissioner Hester Peirce has warned that some crypto vaults and onchain lending strategies may fall under federal securities laws, depending on how operators structure and manage them. Summary Peirce warned crypto vaults may trigger securities laws when managers control investment decisions and strategies. Onchain lending can also fall under SEC rules depending on loan structure, distribution, and management. SEC will assess vaults and lending strategies individually rather than treating all products the same. In a July 22 statement, Peirce said moving financial activity onchain does not remove legal duties when that activity already sits within…
AFX suffered a $24.15 million USDC loss after an attacker targeted a cross-chain bridge linked to the trading protocol on July 22. Summary AFX’s cross-chain bridge lost $24.15 million USDC while Arbitrum’s native bridge remained unaffected during attack. The exploiter moved stolen USDC to Ethereum and converted the proceeds into 12,467.5 ETH afterward. Security firms are tracing the stolen funds as AFX and Arbitrum teams investigate the breach. The incident triggered an investigation by Blockaid and the Arbitrum team, while on-chain trackers followed the stolen funds to Ethereum. The attack did not affect Arbitrum’s native bridge. AFX operates its own…
The UK Treasury has set Q1 2027 for its first tokenized sovereign bond transaction, but the project has remained dependent on finding a workable method to settle its cash leg on-chain. Summary The UK plans to issue its first tokenized sovereign bond by Q1 2027. Missing on-chain cash infrastructure remains the main barrier to institutional settlement. Regulators are exploring stablecoins, tokenized deposits and central bank money for payments. CoinDesk reported that the missing payment mechanism has held back institutional use of digital bonds for almost seven years, even as governments and financial firms have built platforms for issuing tokenized securities.…
S&P Dow Jones Indices and Pantera Capital have launched an 18-asset crypto index that excludes Bitcoin and ranks eligible blockchain networks by the protocol revenue generated during the previous two quarters. Summary S&P and Pantera launched an 18-asset crypto index based on protocol revenue. Bitcoin and XRP failed to qualify under the benchmark’s revenue-focused selection rules. Ether, BNB, Solana, TRON and Hyperliquid hold the five largest positions. According to a joint announcement from the companies, the S&P Pantera Digital Asset Index is designed to measure established network activity instead of relying only on token prices or market capitalization. The benchmark…
XRP price has climbed nearly 4% to a two-week high of $1.1574 as Bitcoin’s return above $65,000, whale accumulation and fresh ETF inflows have supported its latest recovery. Summary XRP price reached $1.1574 after breaking above a daily symmetrical triangle. Whale wallets raised their holdings by 2.8% as smaller balances declined. XRP ETFs added $5.66 million while XRPL agentic transactions crossed 1 million. According to data from crypto.news, XRP (XRP) price was trading near $1.14 at the time of writing, up about 2% over the past seven days, with its market value standing above $71 billion. The token had eased…