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Despite its weekend downturn, Bitcoin is up over 22% year-to-date, but public mining companies listed on NASDAQ have struggled to keep pace. The equal-weighted basket of mining stocks has gained just over 12% between Jan. 1 and Aug. 18.
However, that underperformance masks a reversal in the past two months, when miners surged more than 46% against Bitcoin’s 11% rise, flipping the performance...
Michael Saylor revealed on Aug. 18 that Strategy (formerly MicroStrategy) has revised its stock issuance policy amid the financial instrument’s current downward trend.
The company had previously limited stock sales below 2.5x market-to-net asset value (mNAV) strictly to cover debt interest or preferred share dividends. Under the new rules, the firm can now issue stock below this threshold...
US spot Ethereum exchange-traded funds (ETFs) saw heavy redemptions on Aug. 18, with investors pulling $196.6 million in a single day.
Data from SoSoValue showed that this was the second-largest daily outflow since the products debuted and the fourth outflow this month.
According to the data, most of the day’s losses came from the two largest issuers. BlackRock’s ETHA accounted for the biggest...
The Securities and Exchange Commission (SEC) delayed decisions on nine crypto exchange-traded fund (ETF) applications on Aug. 18.
The delays extended review periods for products related to digital assets, spanning Bitcoin, XRP, Litecoin, and Dogecoin. The reason is likely the agency’s work to establish a comprehensive digital asset framework.
The postponements affect Truth’s spot Bitcoin and...
Gemini has filed for a Nasdaq IPO under the ticker GEMI, revealing a $282.5 million net loss for the first half of 2025.
The exchange also disclosed a $75 million credit agreement with Ripple in the Aug. 15 filing submitted to the US Securities and Exchange Commission (SEC),
The exchange, founded by Cameron and Tyler Winklevoss, joins a wave of crypto companies seeking public market access...
Circle’s upcoming Arc blockchain will debut with direct institutional access through Fireblocks, positioning the stablecoin issuer for a stronger foothold as competition in the sector accelerates.
New York–based Fireblocks, which provides custody and tokenization infrastructure to more than 2,400 banks, asset managers, and fintech firms, confirmed it will support Arc from launch.
The early...
Strategy and Metaplanet expanded their Bitcoin (BTC) holdings on Aug. 18, lifting their combined ownership to nearly 3.1% of the total circulating supply.
The acquisitions highlighted the role of corporate treasuries in tightening available Bitcoin liquidity as institutions continue building exposure.
Growing the stash
Strategy Chairman Michael Saylor announced the firm’s latest purchase of 430...
Bitcoin’s (BTC) stalling between its recent all-time high and range lows is a sign of investors digesting the movement rather than market weakness.
According to the August 18 Bitfinex Alpha report, BTC surged to a record $123,640 before retreating 5.44% from peak to trough, returning to the lower end of its established trading range.
The pullback followed higher-than-expected US consumer and...
Rural residents in Hood County are pressing for a community vote to gain more authority over a Bitcoin mining site that they say has disrupted their lives with round-the-clock industrial noise, local media outlet KERA News reported on Aug. 18.
The mine, operated by Florida-based Marathon Digital Holdings, has been running for about three years near the unincorporated area of Mitchell Bend....
The total value locked (TVL) in Polygon’s (POL) DeFi ecosystem is up nearly 43% since the start of this year.
According to DefiLlama data, the network recorded $864 million in TVL on Jan. 1, and added roughly $400 million in the following months to hit $1.23 billion as of Aug. 18.
Furthermore, the POL price reflected the TVL growth in the past 30 days, rising above the sector’s average.
Growth...