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Crypto outflows are sentiment shock, not structural crisis: CoinShares’ Butterfill

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CoinShares’ James Butterfill said recent crypto outflows reflect a macro-driven sentiment shock, while other analysts warned Bitcoin’s rebound may remain fragile.

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Coin Market

Core Scientific revenue doubles in Q2 as AI colocation expansion accelerates

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Core Scientific reported strong second-quarter revenue growth as AI colocation became its largest business, though a non-cash accounting charge resulted in a $1.15 billion net loss.

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Coin Market

Kraken opens Jersey Mike’s IPO to retail investors through tokenized shares and direct allocations

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Eligible US users can request IPO allocations, while customers in more than 110 countries gain access to tokenized Jersey Mike’s shares backed 1:1 by the underlying stock.

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The real reason DeFi projects that survived 2022 crash are shutting down now

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DeFi projects that survived the fallout from the Terra and FTX collapses in 2022 are dying out in 2026. But analysts say it’s not a case of industry consolidation — but the opposite.

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