Kamala Harris must outline crypto strategy to counter Trump’s pro-Bitcoin influence, think tank says

Vice President Kamala Harris faces increasing pressure to clarify her stance on crypto as the 2024 election approaches or risk “ceding” the industry’s support to former President Donald Trump, according to a... Read more »

Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year

In July, bitcoin miners earned $951.11 million, marking the lowest monthly revenue of the year. Out of this total, $24.9 million was generated from transaction fees, reflecting a trend of low onchain... Read more »

Polymarket traffic surpasses DeFi giants amid Trump-Harris election betting craze

Polymarket, a leading prediction market platform, has seen a significant spike in website traffic, outpacing prominent DeFi platforms like Uniswap, dYdX, Compound, and GMX. The surge is primarily driven by intense interest... Read more »

Coinzoom Operations Suspended in Ohio Following Regulatory Examination

The Ohio Department of Commerce has ordered crypto exchange Coinzoom to cease operations in the state effective Aug. 1 following a regulatory examination. Current customers can still withdraw their assets, but the... Read more »

MARA Reports Q2 2024 Earnings: Revenue Surges Amid Rising Losses and Hashrate Increase

MARA, a leader in digital asset compute, reported a significant revenue increase of 78% to $145.1 million for the second quarter of 2024. Despite this growth, the company faced a substantial net... Read more »

Bitcoin’s price evolution post-halving: Examining five distinct epochs

Onchain Highlights DEFINITION: Bitcoin price performance since the halving against previous cycles.  Bitcoin’s price performance since the most recent halving in April has followed a distinct trajectory compared to previous halving events. Observing... Read more »

US Senator Officially Introduces BITCOIN Act to Establish Strategic BTC Reserve

U.S. Senator Cynthia Lummis has officially introduced the BITCOIN Act in the Senate, aiming to establish a strategic bitcoin reserve as an additional store of value to strengthen America’s balance sheet. The... Read more »

Coinbase denies violating campaign finance laws with $25M donation

Crypto exchange Coinbase has rejected claims that it breached campaign finance laws. Alleged violations On July 30, crypto researcher Molly White alleged that the crypto trading platform’s $25 million donation to Fairshake,... Read more »

Bitcoin Miner Cleanspark Acquires Wyoming Mining Site

Cleanspark Inc. has completed the acquisition of its first bitcoin (BTC) mining site in Wyoming and secured 75 megawatts (MW) of power contracts. The Las Vegas-based company plans to add over 2... Read more »

Coinbase’s $1.45 billion Q2 revenue exceeds estimates despite decline in transaction revenue

Coinbase reported total revenue of $1.449 billion for the second quarter, beating the market consensus estimate of $1.396 billion. Its total income for the same period last year was $674.1 million. Meanwhile,... Read more »
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