May 2025 – Page 2

Coinbase Revenue May be Hurt by Lower Trading Volumes, Regulatory Uncertainty, Analysts Say

The crypto exchange may also see lower staking revenue when it reports its Q3 earnings as ether underperformed in the quarter.

Crypto Ghosted in U.S. Treasury Department’s New Strategy on Financial Inclusion

The report touts strategies to connect people with financial tools, but the only mention of crypto refers to its risks – a contrast to Kamala Harris' positive tone on...

Solana-Based RWA Platform AgriDex Taps Stripe’s Bridge to Lower Cost for Agricultural Trade Settlements

AgriDex is an example of how stablecoins are being increasingly used as a payment vehicle in emerging regions as a cheaper alternative for traditional banking rails.

Crypto Stocks MicroStrategy, Coinbase and Marathon Post Just Modest Gains as Bitcoin Eyes Record High

A notable outperformer was bitcoin miner Bitfarms, which nominated a new board member amid its proxy battle with Riot Platforms.

Optimism Foundation Agreed to Give Kraken $42.5M of OP Tokens in Layer-2 Deal

Crypto exchange Kraken announced last week that it will build a layer-2 network atop Optimism's OP Stack blockchain framework. CoinDesk is first to report that the deal was reached...

Bitcoin Miner HIVE Poised to Double Its Hashrate by Next Year, Cantor Says Initiating Stock at ‘Overweight’

The broker said the miner's growth isn't priced-in and initiated coverage of the miner with $9 price target.

Consensys Cuts 20% Workforce, Blames SEC’s ‘Abuse Of Power’

The main supporter of the Ethereum network has been in an ongoing battle with the Securities and Exchange Commission who most recently alleged the company of operating as an...

Binance Unveils ‘Binance Wealth’ for Elite Customers

The initial focus will be on Asia and Latin America, Binance said.

Stacks, Prominent Bitcoin Layer-2 Project, Activates Long-Awaited ‘Nakamoto’ Upgrade

The Stacks project, led by Princeton-educated computer scientist Muneeb Ali, says the upgrade will make transactions faster and "as irreversible as Bitcoin's."

First Mover Americas: BTC Jumps Above $71K, DOGE Leads Market Surge

The latest price moves in crypto markets in context for Oct. 29, 2024.