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08-05

Peter Diamandis Predicts SpaceX Could Reach a $10 Trillion Valuation

According to CNBC, Peter Diamandis, an early investor in SpaceX and founder of the XPRIZE Foundation, said that SpaceX has the potential to become the world’s first company to reach a $1 trillion market valuation. Diamandis noted that the market has not yet found the right way to assess SpaceX’s val

Bitcoin Rebounds Past $64K Amid S&P 500 All-Time Highs

Bitcoin shook off a shaky start to the week, bouncing from sub-$62K levels on Monday to reclaim $64,300 by Wednesday morning. The catalyst, or at least the backdrop, was hard to miss: the S&P 500 punched above 7,050 to notch yet another all-time high.The correlation between risk assets and crypt...

Circle Revenue Misses Estimates Despite $14.8T USDC Transactions

Circle reported another quarter of strong USDC growth, with on-chain transaction volume surging to $14.8 trillion during the second quarter. Yet the stablecoin issuer still missed Wall Street’s revenue expectations as lower reserve yields weighed on earnings.The results highlight a key challenge for

SpaceX Revenue Surpasses Estimates, Stock Drops 8% Amid High Cash Burn

SpaceX just posted one of the most impressive revenue beats in recent memory, and the market responded by dumping the stock. The company’s shares fell roughly 8% in after-hours trading despite Q2 2026 revenue coming in at approximately $7.8 billion, blowing past Wall Street’s $6.9 billion estimate b

Coinbase Q2 2026 Solana Node Report: 41.63M SOL Staked, Outperforms Network Averages

Odaily Planet Daily reports that Coinbase has released its Q2 2026 Solana validator operations report, stating that its operated Solana validators outperformed the network average in terms of yield, stability, and infrastructure distribution. Data shows that Coinbase currently stakes approximately 4

Coinbase Q2 2026 Solana Validator Report: 41.63M SOL Staked, Outperforms Network Averages

ChainCatcher report: Coinbase has released its Q2 2026 Solana validator operations report, stating that its operated Solana validators outperformed the network average in terms of yield, stability, and infrastructure distribution. Data shows that Coinbase currently stakes approximately 41.63 millio

FORMS HK, Chainlink, Apex Group, and CSpro Launch Tokenized Securities Framework in Hong Kong

Hong Kong just got a new blueprint for tokenized finance. On August 5, FORMS HK, Chainlink, Apex Group, CSpro, and Blockchain Valley@Cyberport officially launched the Tokenized Securities Framework, a joint infrastructure initiative designed to standardize how tokenized securities are issued, distri

Lido DAO Falls 16% Amid Ethereum's Staking Proposal

Lido DAO [LDO] declined 16.31% over the past 24 hours at press time, after Ethereum’s [ETH] proposed EIP-8361 revived concerns over the future of liquid staking. The proposal aimed to reduce staking yields from around 2.6% to 1.2% as network staking participation increased. That shift threatened the

Coinbase Delists 6 Non-USD Trading Pairs to Consolidate Liquidity

Odaily Planet Daily reports: Coinbase has announced that, to enhance overall market health and consolidate trading liquidity, it will delist six non-USDT trading pairs on August 6, 2026. The affected trading pairs are: LSETH-ETH, MINA-EUR, GRT-GBP, MASK-GBP, CHZ-USDT, and CRO-USDT.Coinbase stated th

Cardano Price Rallies 26% as ADA Whales Buy 240 Million Tokens

Cardano price gains 26% after inverse head-and-shoulders breakout.ADA whales accumulated more than 240 million tokens recently.Futures volume surged 380% as trader interest increased.Cardano price has climbed 26% after a bullish inverse head-and-shoulders pattern emerged on the chart. ADA is trading

Few and Far Founder Taj Tarsha Accused of Misusing Over $10 Million in Funds

The U.S. Department of Justice has charged Taj Tarsha, founder of Few and Far, with securities fraud and wire fraud. Taj Tarsha raised over $10 million from at least 67 investors by selling approximately 95 million FAR token interests, diverting the funds for online gambling, purchasing crypto asset

Cipher Digital Sells $122 Million in Bitcoin Over Six Months, Shifts Focus to AI Data Centers

Cipher Digital sold $122 million worth of Bitcoin over the past six months, currently holds 646 BTC valued at $38 million, and has shifted its business focus to AI data centers; the company is valued at $9 billion. (Bitcoin Archive)

Circle and Coinbase Renew USDC Distribution Agreement

According to Jeremy Allaire, founder and CEO of Circle, during the earnings call, Circle has renewed its agreement with Coinbase under existing terms, ensuring that USDC continues to hold a central role across all of Coinbase’s product offerings. Under the collaboration agreement signed in 2023, Coi

U.S. Bipartisan Effort Fails to Reach Agreement on CLARITY Act

Odaily Planet Daily reports: According to Canadian journalist Eleanor Terrett, U.S. Senate Majority Leader John Thune has filed a cloture motion to end debate on the proposal to advance legislation related to collegiate athletics. This move is seen as indicating that there is currently no bipartisan

Former SEC Chairman Jay Clayton Confirmed as US Director of National Intelligence

There is a certain irony in the fact that the government official who launched the most consequential lawsuit in crypto history is now in charge of the US intelligence community. Jay Clayton, the former SEC chairman who authorized the agency’s case against Ripple Labs in December 2020, was confirmed

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