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AI Boost

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Markets

Bitcoin Miner MARA Steps Into HPC With Majority Stake in EDF Subsidiary: H.C. Wainwright

The broker has an outperform rating on MARA stock with a $28 price target.

Data Center Server Room Bitcoin Mining

Finance

Coinbase Revives Stablecoin Funding Program to Bolster DeFi Liquidity

The fund placements, managed by Coinbase's asset management arm, begin on Aave, Morpho, Kamino and Jupiter, with broader rollouts planned.

Coinbase (appshunter.io/Unsplash)

Finance

Crypto Trading Drove Over 90% of eToro’s Second Quarter Revenue

eToro reported $2.09 billion in total revenue in Q2, with cryptoassets contributing $1.91 billion.

EToro (CoinDesk Archives)

Markets

Ether Pumps to 5-Year High of $4.47K Alongside Tom Lee's Massive ETH Treasury Bet and Fed Rate Cut Hopes

While inflation remains stubbornly high, Tuesday's CPI report reinforced market bets for a September Federal Reserve rate cut.

Ether rose 5% over the past 24 hours to a level not seen since December 2021.

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Markets

Bitcoin Profit Taking Appears Modest Even Near All-Time High

Glassnode data shows long-term holders driving realized profits, while overall selling remains subdued, signaling potential for further gains.

CoinDesk

Markets

Grayscale Debuts First Investment Trusts for Sui’s Core Protocols

Grayscale is offering accredited investors direct exposure to DEEP and WAL, the native tokens of Sui’s DeepBook and Walrus protocols

Grayscale's new ad campaign in New York's Penn Station. (Nikhilesh De/CoinDesk)

Finance

Tom Lee's BitMine Immersion Aims to Raise as Much as $20B for More ETH Buys

The company already owned about $5 billion worth of the world's second-largest crypto.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Markets

Watch Out for Potential Bitcoin Double Top as Bulls Fail to Break $122K Again

A confirmed double top breakdown could bring a re-test of $100,000.

BTC has recently put in twin peaks above $122K. (lin2015/Pixabay)

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Markets

Asia Morning Briefing: Bitcoin’s Thin-Liquidity Bounce Raises Questions on Staying Power

The bitcoin market is no longer one of seller exhaustion, Glassnode says, but how long will the rebound last for?

High-resolution image of numerous shiny gold bitcoin tokens stacked together.

Finance

S&P Assigns First-Ever Credit Rating to a DeFi Protocol, Rates Sky at B-

S&P Global Ratings assigned Sky Protocol a B- rating with a stable outlook, marking the first time a credit rating company has assessed a DeFi protocol

A mountain outlined against a starry sky (sebadelval/Pixabay)