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Latest from Aoyon Ashraf
Coinbase's 'Solid' Earnings May Get Derailed by Low Volume, Fed Headwinds, Analysts Say
The company reported better-than-expected second-quarter earnings on Thursday but saw a strong downtick in revenue from transaction fees, its main source of income.

MicroStrategy Bull Doubles Down on The Stock by Raising Price Target to Wall Street High
The broker raised its year-end price target for the software company to $2,150 from $1,875.

Crypto Exchange Bybit Withdraws From France in Response to Regulations
"It has always been Bybit's primary objective to operate our business in compliance with all relevant rules and regulations," the company said in its post.

Bitcoin Miner Marathon's Shares Tumble After Revenue Unexpectedly Misses Wall Street's Estimates
The miner said its adjusted EBITDA swung to loss, compared to previous year's profit.

Tether Nets $5B Profits This Year, Says Its U.S. Debt Holdings Surpassed Germany's
The company said its $97 billion exposure to U.S. Treasuries would put it 18th in the ranking among countries.

U.S. Strategic Bitcoin Reserve to Be Funded Partly by Revaluing Fed's Gold, Draft Bill Shows
The office of Senator Cynthia Lummis, who proposed the strategic reserve at the Bitcoin Nashville conference on Saturday, shared a draft of the legislation with CoinDesk.

Coinbase Earnings Hurt by Low Volume But Trump Could be Wild Card, Analysts Say
The exchange reports second quarter earnings after the market close on Thursday, with revenue and earnings-per-share expected to have decreased from the prior quarter.

Polymarket Whales Favor Trump as Election Betting Surges Past $400M
Traders also are skeptical about China 'unbanning' bitcoin

In Donald Trump's Own Words – a Partial Transcript of His Bitcoin 2024 Speech
"You are the modern-day Edisons and Wright brothers and Carnegies and Henry Fords, and what you do in your lifetime stands a chance to outlive us all," Trump told the crypto crowd.

Trump Backs U.S. Bitcoin Reserve and Says Democrat Win Will Be Disaster for Crypto: 'Every One of You Will Be Gone'
Thousands of bitcoiners camped out for hours to see crypto's self-declared candidate on Saturday at the Bitcoin Conference in Nashville.
