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Crypto News – Page 216 – DIGIT INFO

Coinbase Profits Soar to $1.4B, Holds $1.26B Bitcoin in Q2

Coinbase reported a massive $1.43 billion Q2 profit fueled by crypto market gains and strategic investments, while revealing a $1.26 billion bitcoin holding. Coinbase Profits Eclipse 2024 Results with $1.43B Q2 Haul Coinbase Global, Inc. (Nasdaq: COIN) reported a $1.43 billion net profit for Q2 2025, a dramatic increase from $36 million in the same … Read more

US Lawmakers Travel to Argentina: Local Crypto Ecosystem Examined

A group of U.S. lawmakers traveled to Argentina and met with President Javier Milei and other local crypto organizations to examine how the local ecosystem operates. The trip aimed to discuss regulation and identify joint challenges related to stablecoin adoption. U.S. Lawmakers Visit Argentina to Study Crypto Regulation and Discuss Adoption Argentina, a country known … Read more

Record Quarter: Strategy Earns $10B, Files $4.2B Offering to Buy More Bitcoin

Strategy Incorporated, formerly operating as Microstrategy, has filed for a $4.2 billion offering of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) while reporting record second-quarter net income of $10 billion, driven by unrealized gains on its massive bitcoin holdings. Strategy Announces $4.2B STRC Offering and Record $10B Q2 Net Income Strategy filed … Read more

Report: PENGU Token’s ‘Social Currency’ Role Underpins Novel ETF Bid

A proposed exchange-traded fund (ETF) combining Pudgy Penguins’ PENGU token and its non-fungible tokens (NFTs) has progressed to formal review by the U.S. Securities and Exchange Commission (SEC), according to a new report by Animoca Brands Research. Animoca Highlights Pudgy Penguins’ Path: IP Boom to ETF Filing Animoca researchers note that the hybrid product, filed … Read more

From Outflows to Overflowing: Ethereum ETFs Quietly Amass $21.8B in a Year

In recent weeks, the nine U.S. ethereum-based exchange-traded funds (ETFs) have been loading up on ether, grabbing hefty portions of the cryptocurrency. This month celebrates their first full year trading on Wall Street, now holding more than 5.73 million ETH—worth about $21.8 billion. Ethereum ETFs Hit $21.8B as Institutions Gobble Up Ether Ethereum ETFs launched … Read more

Tether Holds $127B in US Treasuries, Reports $4.9B Q2 Profit in Q2 2025 Attestation

BDO Italia’s independent attestation report verifies Tether International held $162.57 billion in assets against $157.11 billion in liabilities as of June 30, 2025, confirming excess reserves of $5.47 billion backing its USDT stablecoin. Tether Assets Reach $162.5B, Backing $157.1B in USDT Liabilities Tether International Limited’s Q2 2025 attestation, conducted by global accounting firm BDO, validates … Read more

2010 Bitcoin Stash Awakens Moving $30M — First ‘Satoshi-Era’ Spend Hits July

On Thursday, the final day of July, five ancient bitcoin block rewards from 2010 finally budged after sitting still for well over a decade. Worth close to $30 million, the stash was split between two freshly minted — yet still unidentified — Pay-to-Witness-Public-Key-Hash (P2WPKH) wallets. 15-Year-Old Bitcoin Rewards Spring to Life Old-school holders continue to … Read more

Yes, Bitcoin Adoption Reached 70% in El Salvador, but There’s a Catch

According to figures compiled by Cornell University, El Salvador boasts one of the highest bitcoin ownership rates in the world, reaching over 70% at one point. Nonetheless, while these numbers may be accurate, the circumstances behind them need to be understood. Bitcoin Ownership in El Salvador Gone Viral: The Truth Behind the Numbers El Salvador … Read more

180 Life Sciences Secures $425 Million to Build ETH Treasury

180 Life Sciences is pivoting to crypto with a $425 million private placement to build an ether treasury and rebrand as ETHzilla. ETHzilla Incoming: 180 Life Sciences Goes All-In on Ethereum With $425 Million Funding 180 Life Sciences Corp. (Nasdaq: ATNF) has announced a major strategic pivot, raising $425 million through a PIPE (private investment … Read more

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