The post Bitmine Says Ethereum Staking Generated 98% of Quarterly Revenue appeared first on Coinpedia Fintech News Bitmine Immersion Technologies reported $45.7 million in Ethereum staking and validation revenue for the quarter ended May 31, accounting for 98% of total revenue, according to its latest 10-Q filing. The company generated about $2 million in revenue a year earlier, mainly from machine leasing. Bitmine said its institutional Ethereum staking platform, MAVAN, has staked …
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The post Bitcoin Price Tops $65,000 After Softer U.S. PPI Data appeared first on Coinpedia Fintech News Bitcoin climbed above $65,000 and Ethereum reached $1,900 for the first time in 43 days after U.S. producer prices (PPI) fell 0.3% in June, bringing annual producer inflation to 5.5%, below expectations. The rally triggered about $100 million in short liquidations within 30 minutes, while the total cryptocurrency market added nearly $250 billion in value …
All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. XRP’s exchange flows and its chart are telling two versions of the same story. On-chain data shows coins leaving trading venues at the fastest clip since February, while the daily chart shows a market that has stopped falling but has not yet earned a reversal. The token trades at $1.10 at the time of writing, down 0.40% on the day, pinned between a cycle low near $1.01 and a declining 50-day moving average that already rejected one recovery attempt this month. TL;DR Coinbase’s seven-day net…
All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. The arbitration centered on Circle’s decision to suspend Heka Funds’ access to USDC redemptions during the Silicon Valley Bank turmoil. The arbitrator found that Heka failed to disclose the extent of its financial relationship with Tether. Heka’s $49 million damages claim was rejected, while Circle was awarded legal and expert costs. The case highlights the importance of transparency and counterparty risk in institutional stablecoin markets. According to the Financial Times, court filings made public this week shed new light on the private arbitration between Circle…
All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. Japan’s most extensive crypto-market reform has moved to its final parliamentary stage, with the House of Councillors scheduled to vote on legislation that would shift digital-asset trading from a payments-focused regime into the country’s principal investment-market law. The official Diet record shows that the House of Councillors’ Committee on Financial Affairs approved the bill on July 14. Japan’s lower house had already passed it on June 11, leaving approval by the full upper chamber as the remaining parliamentary step. TL;DR Japan moves crypto regulation under…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated: July 15, 2026 XRP price prediction is back in focus as it trades around…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated: July 15, 2026 Bitcoin and Ethereum price climbed after cooler-than-expected U.S. inflation data improved…
Key takeaways Pi Network (PI) is stabilizing above $0.07500 after more than two weeks of sustained selling pressure. Improving crypto market sentiment following softer U.S. inflation has boosted speculative interest in PI. PI open interest climbed from $9.11 million to $12.14 million, signaling renewed trader participation. Pi Network (PI) traded above $0.07500 on Wednesday, showing early signs of stabilizing after more than two weeks of persistent losses. The token’s recovery comes as broader cryptocurrency markets rebounded following softer-than-expected U.S. inflation data, improving investor sentiment and encouraging renewed interest in higher-risk digital assets. Although PI remains in a broader downtrend, technical…
According to CryptoQuant data, Shiba Inu (SHIB) whales withdrew 174.8 billion tokens from exchanges. The move could be a sign that big wallets believe current prices to be a good entry point for the next upswing. Let’s discuss if Shiba Inu (SHIB) will finally recover after spending more than a year downhill.Does Shiba Inu Whale Activity Signal A Recovery?Whale wallets control a majority of SHIB tokens. Their movements have often dictated the coin’s trajectory. Movement of coins away from exchanges is often considered bullish as the chances of them being sold goes down. The latest accumulation also aligns with Shiba…
Key takeaways Solana (SOL) has rebounded above its 50-day EMA at $76.82 after a 4% rally. Rising futures trading volume and positive funding rates point to growing bullish sentiment among retail traders. Solana ETFs have recorded two consecutive days of zero inflows, signaling muted institutional demand. Solana (SOL) extended its recovery on Wednesday, climbing above its 50-day Exponential Moving Average (EMA) after gaining roughly 4% in the previous session. The rebound comes as improving sentiment across the cryptocurrency market encourages renewed retail participation, while institutional investors remain cautious despite the broader market rally. Retail traders return to Solana futures Recent…
