TeraWulf’s Bitcoin-mining revenue fell 73% year over year in the second quarter as high-performance computing and artificial intelligence leases reached 71% of sales, accelerating the company’s shift away from its original business. According to the firm’s second-quarter report, digital asset revenue dropped to $12.8 million from $47.6 million a year earlier. On the other hand,…
Grayscale XRP Trust ETF (GXRP) clawed back 480,000 shares in Q2, covering 12.2% of its derived 3.94 million-share first-quarter contraction. The fund’s Aug. 4 Form 10-Q shows 510,000 shares issued and 30,000 redeemed during the quarter. The six-month ledger shows the true size of the gap. GXRP issued 1.87 million shares and redeemed 5.33 million,…
Chainlink recorded 1.26 million tokens in net exchange outflows over 24 hours. This was the largest daily outflow since June 29. Santiment said the drop in exchange supply means fewer LINK tokens are available for quick sell orders, which could potentially lower future sell-off risk. Bullish Signals The timing of the move is interesting, according…
The BitMart withdrawal deadline for users covered by its U.S. rules is Aug. 8 at 23:59 UTC, an earlier regional cutoff than the exchange’s Aug. 26 global trading halt. The U.S. user notice applies to people who reside in or are located in the United States, as well as anyone otherwise treated as a U.S.…
Binance alleged RedotPay poached customers from the crypto exchange in a lawsuit filed in Hong Kong.
Bitwise Chief Investment Officer Matt Hougan said the CLARITY Act could fail to pass this week, but that would not mean the end of the legislation or the crypto industry’s progress. The US Senate is scheduled to leave for its August recess on Friday, August 7, and return on September 14. Under Senate rules, lawmakers…
Solana ETFs have seen zero net flows across all six products for five consecutive trading sessions ending Aug. 4. The product-wide pause in reported primary-market flow followed an $18.1 million outflow from Bitwise’s BSOL on July 28. Farside Investors, which tracks daily fund flows, showed 0.0 for BSOL, VSOL, FSOL, TSOL, SOEZ, and GSOL during…
Meta AI predicts a supply driven repricing for XRP, and this price prediction calls the current setup the cleanest since 2017. At $1.07, the case is built around four catalysts rather than a single trigger. The first is what Meta AI labels an ETF super cycle. After the SEC settled with Ripple in August 2025…
Succinct’s PROVE token reaches the end of its first 12-month vesting lock today, Aug. 5. Under the Foundation’s terms, 100 million investor and contributor tokens are scheduled to unlock, a sum equal to 51.3% of CryptoSlate’s estimate of 195 million circulating tokens. The Succinct Foundation’s tokenomics terms set the PROVE token’s supply at 1 billion…
Solana’s native token has been bleeding heavily over the past few months, mirroring the broader cryptocurrency market’s weakness. Some analysts believe a resurgence remains a plausible option as long as the price stays above certain critical levels. Are Bulls Ready to Return? SOL currently trades at approximately $73.70 (per CoinGecko) after slipping by 8% over…