Latest from Helene Braun
Cardano Drops 3% as Market Sell-Off Persists, Midnight Airdrop Sparks Volatility
ADA struggled to hold $0.740 amid broader crypto weakness, heavy trading volume and distribution pressure following the NIGHT token airdrop.

DCG’s Barry Silbert Returns to Grayscale as Chairman Amid IPO Push
Silbert resigned as Grayscale chairman in 2023 when the asset manager was early in the midst of a legal battle with the New York Attorney General’s office.

Coinbase Crypto Momentum Stalls, Valuation Stretches: Cut to Sell at Compass Point
Compass Point warns of choppy trading, rising competition, and skepticism around stock trading and crypto regulation reforms in 2025.

Crypto ETFs See Record $12.8B Inflows in July as Market Rallies to New Highs
The crypto market, as tracked by the CoinDesk 20 Index, jumped over 21% in July.

Coinbase Increases Bitcoin Holdings, Plans Tokenized Stocks in U.S.
The announcement comes amid the exchange posting a disappointing second-quarter with shares down more than 6% in post-market trading.

Coinbase Stock Tumbles 7% After Disappointing Q2 Results
The company posted total revenue of $1.5 billion, lower than the $1.59 billion that analysts had expected.

Tech Darling Figma Soars 198% Following IPO; Holds $70M in Bitcoin ETF
The developer of design software previously disclosed ownership of $70 million of Bitwise's BITB, with plans to buy another $30 million in bitcoin.

Robinhood's Strong Q2 Fails to Sway Cautious Wall Street Analysts
Having nearly tripled in price from the April lows, the stock received a number of modest price target hikes, but no ratings upgrades.

Grayscale Launches Trust for Story Protocol to Tap Into $80T Intellectual Property Market
The new Grayscale Story Trust offers investors exposure to $IP, the token powering programmable digital rights on blockchain.

Robinhood Q2 Earnings Beat Expectations as Crypto Volumes Climb and Bitstamp Deal Pays Off
Robinhood posted $160 million in revenue from crypto-related trading and $989 million in overall revenue, outpacing expectations as acquisitions are reshaping the firm.

