Fnance Times

Coinbase reported total revenue reaching $1.4 billion and net income amounting to $36 million in the second quarter beating analyst expectations.
The post Coinbase Reports $1.4B Revenue in Q2 Earnings, Shares Rise 3% appeared first on Cryptonews. …

HashKey OTC, the over-the-counter trading division of HashKey Group, has received a Major Payment Institution (MPI) license from Singapore’s regulatory authority.
The post HashKey OTC Secures Major Payment Institution License from Singapore’s MAS appeared first on Cryptonews. …

Smart money wallet address with a 100% win rate has acquired 4,000 Ethereum priced at $12.58 million on Friday, notes onchain sleuth Lookonchain.
The post Smart Money With 100% Win Rate Buys Up 4K ETH appeared first on Cryptonews. …

U.S. spot Ether exchange-traded funds (ETFs) have seen meager inflows as outflows from the Grayscale Ethereum Trust (ETHE) continue to persist.
The post Ethereum Spot ETFs See Meager Inflows as Grayscale Outflows Persist appeared first on Cryptonews. …

The probe revealed that more than 2,500 investors deposited over $876.43K in a crypto fraud business dubbed Emollient Coin.
The post Indian Enforcement Directorate Conducts Raid Linked to Crypto Fraud Ring appeared first on Cryptonews. …

ByBit on Thursday announced its departure from France due to recent regulatory actions by the French authorities. The company said that it would no longer offer products and services to French nationals and residents.
The post ByBit Pulls Out of France, Citing Increasing Regulatory Pressures appeared first on Cryptonews. …

Bitcoin development company MicroStrategy reported that it has expanded its Bitcoin holdings to 226,500 in the second quarter of 2024 highlighting the firm’s ongoing strategic focus on Bitcoin acquisition.
The post Microstrategy Reports Holding 226,500 Bitcoins in Q2 Earnings, Revenue Declines 7.4% appeared first on Cryptonews. …

Genesis reached a settlement with the New York Attorney General Office, where the company is required to pay $2 billion to defrauded investors.
The post Genesis Trading Transfers 40,000 ETH to Two Addresses, Signals Asset Liquidations appeared first on Cryptonews. …

VanEck CEO Jan Van Eck forecasts that Bitcoin could reach up to $2.9m by 2050. He mentioned that Bitcoin is maturing and predicted it will eventually equal half of gold’s total market cap.
The post VanEck CEO Foresees Bitcoin Surging to $2.9 Million by 2050 appeared first on Cryptonews. …