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Bitcoin price-metric basket sees longest capitulation since FTX blow-up: Glassnode

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Glassnode confirmed that its aggregate BTC price cycle tool was in its coldest phase since the collapse of FTX in late 2022.

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Coin Market

Circle Q2 revenue falls short of Wall Street estimates

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Stablecoin issuer Circle reported $701 million in Q2 revenue, missing Wall Street estimates of about $713 million.

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Coin Market

Binance sues RedotPay over alleged $473 million user losses: Report

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Binance-linked companies sued RedotPay, accusing it of diverting more than 470,000 Binance Card users under a commercial deal and seeking nearly $473 million in damages.

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Coin Market

S&P gives BlackRock tokenized reserve fund top stability rating

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The rating recognizes the fund’s ability to maintain a stable net asset value, while S&P separately reaffirmed USDT among the lowest-rated stablecoins under its existing assessment framework.

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