Search results for Cryptoslate
Crypto
Tesla posts $112 million fair-value loss on bitcoin in second quarter
Tesla recorded a $112 million pretax fair-value loss in the second quarter due to falling cryptocurrency prices, cutting net income even without selling assets. Net income attributable to common shareholders fell $87 million after tax and earnings per share dropped $0.02. Digital assets had a carrying value of $674 million at June 30. Under FASB rules, digital assets are revalued each quarter, with changes hitting net income immediately.
Crypto
Bitcoin rebound driven by whales and ETFs; $69,000 is pivotal
Bitcoin continues trading below $69,000, a level seen as the average cost basis for short-term holders, with the U.S. Federal Reserve decision on July 29 set to test whether the rebound can last. The rally has relied mainly on spot bitcoin ETF inflows and buying by large wallets holding 1,000 to 10,000 bitcoin. Rising oil prices and U.S. Treasury yields are capping gains, while $63,000 is highlighted as key support.
Crypto
White House says ethics provisions are sufficient, Democrats say still not enough as CLARITY Act dispute continues
The U.S. Senate\'s CLARITY crypto market-structure bill has hit renewed hurdles as Republicans and Democrats remain divided over ethics provisions. Republicans unveiled revisions barring senior officials from issuing or sponsoring digital assets and requiring disclosures for sales above $1,000. Democrats said safeguards on ethics, illicit finance and conflicts of interest remain insufficient. The White House said differences have narrowed, but votes remain uncertain ahead of the August recess.
-
Crypto
U.S. Senate CLARITY bill progress lifts Coinbase, Circle more than bitcoin
-
Crypto
Institutions flock to Polymarket and Kalshi as retail profits drop in prediction markets
-
Crypto
XRP open interest tops $2.4 billion as market eyes break above $1.18
-
Crypto
Bitcoin $70,000-$72,000 call options surge as post-FOMC window seen as key test
-
Crypto
Bitcoin shaken by U.S. Treasury yields as safe-haven narrative breaks
-
Crypto
Bitcoin at a crossroads; reclaiming $69,000 could determine rebound
-
Crypto
Bitmine earned from staking but lost on derivatives, highlighting ETH strategy\'s dual nature
-
Crypto
U.S. government transfers bitcoin, ether to Coinbase, putting strategic reserve rules to the test
-
Crypto
Bitcoin social media interest cools as old whales sell and new whales buy
-
Crypto
Sony Bank gets preliminary approval to issue dollar stablecoin; PlayStation payments not decided
-
Crypto
Upbit volume rise limited despite 8 percent intraday KOSPI plunge
-
Crypto
XRP rally could stall at $2.22 sell wall
-
Crypto
Bitcoin spot ETFs post $424.7 million net outflow, giving back last week\'s inflows
-
Crypto
Bitcoin, ether spot ETFs return to net inflows, but institutional return signal still unclear
-
Crypto
XRP demand weakens across ETFs, futures and network activity as XRPL expands for institutions