Latest from Helene Braun
Live updates: Bitcoin flirts with $64,000 as stocks start strong in August
ARP Digital’s Yusuf Fakhro said bitcoin’s weakness reflects stalled participation more than forced selling, with ETF flows turning negative, CME open interest back at 2023 levels and Strategy idle for a fifth straight week.
Quantum computing nears commercial breakthrough, IBM CEO says
Arvind Krishna said quantum computing will begin generating meaningful revenue before the decade ends as investment in the sector accelerates, in an interview on CNBC.
Coinbase's weak quarter leaves Wall Street split on timing of a recovery
Most analysts blamed a weak crypto market for Coinbase's earnings miss, though opinions diverged on when trading activity will recover.
Coinbase sinks 5% after missing second-quarter revenue estimates
The company reported $1.22 billion in overall revenue, down from $1.5 billion in the year prior.
Institutional crypto trading hits a record 72% as Wall Street calms crypto's wild swings
A new report from market maker Wintermute found that institutions now dominate crypto trading, driving lower volatility, selective altcoin flows and growth in tokenized assets.
Live updates: Bitcoin holds above $64,000 as Nasdaq surges on AI trade comeback
The Nasdaq gained more than 2%, with Microsoft higher by 15% after its cloud unit grew at the fastest pace in four years while it held the line on spending.
Robinhood slides 4% despite earnings beat as crypto revenue cools
The brokerage reported $100 million revenue from crypto trading, a 38% decline in a year, offset by stronger options, equities and prediction markets activity.
The traditional 9-to-5 banking day is officially dying, says Morgan Stanley execs
Tokenization and 24/7 markets are reshaping finance, making always-on banking a reality.
Coinbase hit by spot trading slump: Wall Street trims expectations ahead of earnings
Wall Street expects a sluggish second quarter from Coinbase as crypto trading activity cools, putting all eyes on and pending U.S. crypto legislation.
Live updates: Bitcoin edges above $64,000 as Fed holds policy steady
The formerly popular names in AI infrastructure continued their sharp selloff on Wednesday.
