Bullish is preparing to go public in the United States with a planned initial public offering that would raise up to $629.3 million, positioning the company for a listing on the New York Stock Exchange under the ticker symbol BLSH.…
crypto on Wall Street grows real value comes with DeFi
The global financial system, called TradFi, is a $30+ trillion structure that moves capital across institutions, businesses, and individuals. It includes commercial and global banking assets, insurance, capital markets, wealth management, custody, and settlement. In contrast, decentralized finance remains small…
Coinbase $1.5 billion gain and two hidden earnings items
In the second quarter of 2025, coinbase reported mixed results: total revenue was $1.5 billion, slightly below expectations, and transaction revenue fell to $764.3 million as trading volume decreased. Adjusted net income was $33.2 million, showing that recurring operations were…
Eric Trump stake in American Bitcoin merger could be worth $367 million
Eric Trump’s role in the merger that creates American Bitcoin converts his private equity in American Bitcoin Corp. into 367 million new shares of Nasdaq-listed Gryphon Digital Mining Inc., which will be renamed American Bitcoin. The conversion has two values…
Stablecoin support from Jamie Dimon while he avoids Bitcoin
Jamie Dimon recent comments show a clear, practical shift in how he discusses digital assets. In an interview with CNBC in late July 2025, the CEO of JPMorgan Chase said he is “a believer in stablecoins, believer in blockchain, not…
Stablecoin EURAU Launch Backed by Deutsche Bank and Partners
The launch of AllUnity’s EURAU marks a significant inflection point in Europe’s effort to build credible euro-denominated digital money alongside a market overwhelmingly dominated by U.S. dollar equivalents. EURAU is a fully regulated euro-pegged stablecoin backed by heavy institutional capital…
Kraken Reports 13% Drop in Q2 Revenue to 412 Million Overall
The second quarter of 2025 saw Kraken navigate a challenging backdrop of macro uncertainty and shifting market dynamics while delivering solid progress across its core metrics. Revenues slipped 13% from $478 million in Q1 to $412 million, reflecting seasonal headwinds and US…
SEC 2 New Rules Bring Crypto ETFs Closer to Mainstream
Since February 25, 2025, the US regulatory landscape for digital assets has shifted. The SEC cleared two key measures that streamline crypto fund operations and deepen market liquidity. For the first time, spot Bitcoin and Ether ETPs can use in‑kind…
Tom Lee Ethereum BitMine approves $1 billion stock buyback
Under the guidance of Tom Lee, BitMine Immersion Technologies has approved an open-ended stock repurchase program of up to $1 billion. The plan supports the company’s shift toward increasing its Ethereum holdings. Through periodic buybacks of common shares, BitMine intends to…
PayPal to let merchants accept 100 crypto tokens at checkout
In the coming weeks, PayPal will allow merchants to accept more than one hundred cryptocurrencies at checkout. Buyers can pay with tokens like Bitcoin, Ethereum, USDT and USDC from wallets such as Coinbase, MetaMask or Exodus, while PayPal converts each…