BlackRock’s Bitcoin income ETF offset less than 30% of its $1.2M crypto losses with options
The fund booked $344,849 in option gains, yet its cited NAV, Bitcoin and IBIT declines start on different dates.
CryptoSlate
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Cypherpunk secures a $46M Zcash gain and turns a $4.7M operating loss into $39.4M profit
The company had $7.6 million in cash as its biotech subsidiary began seeking resources for Phase 3.
Bitcoin miner HIVE’s $79M quarter runs into an $80M Swedish tax problem
Preliminary revenue reached about $79 million, yet HIVE cannot quantify the possible noncash accrual or its expected losses.
Russia picks Bitcoin, Ethereum and USDT for public trading as retail faces $58,000 cap
The Bank of Russia’s proposed gate caps non-qualified residents at ₽300,000 per broker while qualified investors retain broader access.
21Shares XRP ETF loses 54% of assets as redemptions lock in $13.4 million loss
XRP depreciation drove most of TOXR’s first-half damage, while negative net capital transactions reduced its share base before second-quarter net issuance turned positive.
A $36 billion lawsuit just turned Kalshi’s $40 billion valuation race into a federal market emergency
The federal order preserves trading, but the regulator’s explosive description of New York’s TRO request is not a final ruling.
Tron Inc. put over 90% of assets behind an uninsured JustLend dependency as its TRX treasury kept growing
Nearly all treasury TRX is sTRX, with no token insurance and a standard 14-day route back to native TRX.
After selling 832 BTC to clear debt, this Nasdaq-listed crypto firm is using a 1-for-50 reverse split to mask its shrinking treasury
The proposed reverse split can address the $1 bid-price rule, but it cannot replace operating cash.
As retail crypto trades collapse 73%, eToro drops $231 million to capture active US stock traders
July crypto trades fell to 1.4 million and average ticket size halved, while quarterly profit rose and eToro expanded into active US stock trading.
XRP loses $1 for the first time since Trump’s 2024 election as bearish bets surge and 200,000 XRP stolen
XRP slipped below $1 as leverage rebuilt and selling pressure deepened across the market. Data from CryptoSlate showed that the digital asset fell as low as $0.99 during the session, its weakest level since November 2024, when Donald Trump won the…
SEC and CFTC plans to write crypto rules without Congress – but they can’t make them permanent
CFTC Chair Michael Selig said on Aug. 4 that the agency has crypto rule proposals ready and plans to finalize them before the current administration ends, regardless of whether Congress passes the CLARITY Act. SEC Commissioner Hester Peirce has separately…
Even if Bitcoin rises 30% a year this renewable mining model still loses money as hashrate keeps pace
Bitcoin trades near $63,600, below the lowest Bitcoin price researchers tested against a modeled wind-powered mining operation in a new Energy Economics study. At that price level, their model shows no payback within six years under any curtailment scenario they…