BeInCrypto IT
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BeInCrypto IT
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A catalyst from the October 2025 Crypto Black Friday returns: Is Bitcoin in danger?In short
MSCI has launched a new consultation that has flagged Strategy as potentially subject to removal from its indices.
The feedback submission period closes on September 30, while results are expected by October 16 of this year.
The October Crypto Black Friday wiped out about $19 billion in leveraged positions.
Read the original story A catalyst from the October 2025 Crypto Black Friday returns: Is Bitcoin in danger? by Luis Blanco on it.beincrypto.com
A catalyst from the October 2025 Crypto Black Friday returns: Is Bitcoin in danger?
In short
MSCI has launched a new consultation that has flagged Strategy as potentially subject to removal from its indices.
The feedback submission period closes on September 30, while results are expected by October 16 of this year.
The October Crypto Black Friday wiped out about $19 billion in leveraged positions.
Read the original story A catalyst from the October 2025 Crypto Black Friday returns: Is Bitcoin in danger? by Luis Blanco on it.beincrypto.com
MSCI has launched a new consultation that has flagged Strategy as potentially subject to removal from its indices.
The feedback submission period closes on September 30, while results are expected by October 16 of this year.
The October Crypto Black Friday wiped out about $19 billion in leveraged positions.
Read the original story A catalyst from the October 2025 Crypto Black Friday returns: Is Bitcoin in danger? by Luis Blanco on it.beincrypto.com
81
Robert Kiyosaki links Bitcoin and AI to an old prediction: who made it?In short
Robert Kiyosaki linked the predictions of futurist Buckminster Fuller to the emergence of Bitcoin and artificial intelligence.
Bitcoin is trading around $62,865, about 50% below its all-time high reached in October 2025.
Kiyosaki argues that thinking like an employee leads to being replaced by AI, while an entrepreneurial approach allows people to use it to their advantage.
Read the original story Robert Kiyosaki connects Bitcoin and AI to an old prediction: who made it? by Luis Blanco on it.beincrypto.com
Robert Kiyosaki links Bitcoin and AI to an old prediction: who made it?
In short
Robert Kiyosaki linked the predictions of futurist Buckminster Fuller to the emergence of Bitcoin and artificial intelligence.
Bitcoin is trading around $62,865, about 50% below its all-time high reached in October 2025.
Kiyosaki argues that thinking like an employee leads to being replaced by AI, while an entrepreneurial approach allows people to use it to their advantage.
Read the original story Robert Kiyosaki connects Bitcoin and AI to an old prediction: who made it? by Luis Blanco on it.beincrypto.com
Robert Kiyosaki linked the predictions of futurist Buckminster Fuller to the emergence of Bitcoin and artificial intelligence.
Bitcoin is trading around $62,865, about 50% below its all-time high reached in October 2025.
Kiyosaki argues that thinking like an employee leads to being replaced by AI, while an entrepreneurial approach allows people to use it to their advantage.
Read the original story Robert Kiyosaki connects Bitcoin and AI to an old prediction: who made it? by Luis Blanco on it.beincrypto.com
World Liberty obtains a banking license from the regulatory authority appointed by Trump pe...In short
L’OCC approved, with conditions, a National Trust license for World Liberty Trust, backed by Trump.
The charter allows World Liberty to issue USD1 directly and hold its reserves in dollars.
The Democrats call the approval a conflict of interest for a regulatory authority appointed by Trump.
Read the original story: World Liberty obtains a banking license from the regulatory authority appointed by Trump for the $4 billion Lockridge Okoth stablecoin on it.beincrypto.com
World Liberty obtains a banking license from the regulatory authority appointed by Trump pe...
In short
L’OCC approved, with conditions, a National Trust license for World Liberty Trust, backed by Trump.
The charter allows World Liberty to issue USD1 directly and hold its reserves in dollars.
The Democrats call the approval a conflict of interest for a regulatory authority appointed by Trump.
Read the original story: World Liberty obtains a banking license from the regulatory authority appointed by Trump for the $4 billion Lockridge Okoth stablecoin on it.beincrypto.com
L’OCC approved, with conditions, a National Trust license for World Liberty Trust, backed by Trump.
The charter allows World Liberty to issue USD1 directly and hold its reserves in dollars.
The Democrats call the approval a conflict of interest for a regulatory authority appointed by Trump.
Read the original story: World Liberty obtains a banking license from the regulatory authority appointed by Trump for the $4 billion Lockridge Okoth stablecoin on it.beincrypto.com
Justin Sun faces HTX’s blacklist on Binance: are your funds really at risk?In short
Justin Sun claims that Binance’s restrictions only affect users in the United Kingdom and the EU.
Binance’s notice does not mention any country and is addressed to all its users.
Sun says that talks for an agreement with the authorities of the United Kingdom and the EU are already underway.
Read the original story: Justin Sun tackles HTX’s blacklist on Binance—are your funds really at risk? by Lockridge Okoth on it.beincrypto.com
Justin Sun faces HTX’s blacklist on Binance: are your funds really at risk?
In short
Justin Sun claims that Binance’s restrictions only affect users in the United Kingdom and the EU.
Binance’s notice does not mention any country and is addressed to all its users.
Sun says that talks for an agreement with the authorities of the United Kingdom and the EU are already underway.
Read the original story: Justin Sun tackles HTX’s blacklist on Binance—are your funds really at risk? by Lockridge Okoth on it.beincrypto.com
Justin Sun claims that Binance’s restrictions only affect users in the United Kingdom and the EU.
Binance’s notice does not mention any country and is addressed to all its users.
Sun says that talks for an agreement with the authorities of the United Kingdom and the EU are already underway.
Read the original story: Justin Sun tackles HTX’s blacklist on Binance—are your funds really at risk? by Lockridge Okoth on it.beincrypto.com
Anthropic’s Model 2 surpasses Mythos 5, but the public won’t get itIn short
Anthropic claims that its internal Model 2 outperforms Mythos 5 in many of the main tasks.
The company has no intention of making Model 2 available to the public.
Polymarket traders assign about a 65% probability to an IPO debut worth $1.8 trillion.
Read the original story The Anthropic model 2 surpasses Mythos 5, but the public won’t have it by Lockridge Okoth on it.beincrypto.com
Anthropic’s Model 2 surpasses Mythos 5, but the public won’t get it
In short
Anthropic claims that its internal Model 2 outperforms Mythos 5 in many of the main tasks.
The company has no intention of making Model 2 available to the public.
Polymarket traders assign about a 65% probability to an IPO debut worth $1.8 trillion.
Read the original story The Anthropic model 2 surpasses Mythos 5, but the public won’t have it by Lockridge Okoth on it.beincrypto.com
Anthropic claims that its internal Model 2 outperforms Mythos 5 in many of the main tasks.
The company has no intention of making Model 2 available to the public.
Polymarket traders assign about a 65% probability to an IPO debut worth $1.8 trillion.
Read the original story The Anthropic model 2 surpasses Mythos 5, but the public won’t have it by Lockridge Okoth on it.beincrypto.com
Upbit’s profit collapses by 85% just a few months after South Korean giants paid $1.5 mi...In short
Dunamu’s operating profit in the second quarter collapsed by 85% because Upbit’s commission revenue ran out.
Operating margin fell from 88% in 2021 to 14% in the last quarter.
Samsung, Hana and Hanwha paid $1.5 billion for Dunamu shares in May.
Read the original story The profit of Upbit collapses by 85% just a few months after South Korean giants paid $1.5 billion to enter Lockridge Okoth on it.beincrypto.com
Upbit’s profit collapses by 85% just a few months after South Korean giants paid $1.5 mi...
In short
Dunamu’s operating profit in the second quarter collapsed by 85% because Upbit’s commission revenue ran out.
Operating margin fell from 88% in 2021 to 14% in the last quarter.
Samsung, Hana and Hanwha paid $1.5 billion for Dunamu shares in May.
Read the original story The profit of Upbit collapses by 85% just a few months after South Korean giants paid $1.5 billion to enter Lockridge Okoth on it.beincrypto.com
Dunamu’s operating profit in the second quarter collapsed by 85% because Upbit’s commission revenue ran out.
Operating margin fell from 88% in 2021 to 14% in the last quarter.
Samsung, Hana and Hanwha paid $1.5 billion for Dunamu shares in May.
Read the original story The profit of Upbit collapses by 85% just a few months after South Korean giants paid $1.5 billion to enter Lockridge Okoth on it.beincrypto.com
Peter Schiff says the asset everyone considers safe is down 50%, what does Bitcoin do now...In short
Peter Schiff says holders of the world’s safest debt are down 50%.
TLT fell to $81.89 on Friday. It reached a peak of $179.70 in March 2020.
Adjusted for inflation, the real loss is closer to 65%.
Read the original story Peter Schiff says the asset everyone considers safe is down 50%; what does Bitcoin do now? by Lockridge Okoth on it.beincrypto.com
Peter Schiff says the asset everyone considers safe is down 50%, what does Bitcoin do now...
In short
Peter Schiff says holders of the world’s safest debt are down 50%.
TLT fell to $81.89 on Friday. It reached a peak of $179.70 in March 2020.
Adjusted for inflation, the real loss is closer to 65%.
Read the original story Peter Schiff says the asset everyone considers safe is down 50%; what does Bitcoin do now? by Lockridge Okoth on it.beincrypto.com
Peter Schiff says holders of the world’s safest debt are down 50%.
TLT fell to $81.89 on Friday. It reached a peak of $179.70 in March 2020.
Adjusted for inflation, the real loss is closer to 65%.
Read the original story Peter Schiff says the asset everyone considers safe is down 50%; what does Bitcoin do now? by Lockridge Okoth on it.beincrypto.com
Tom Lee wants a 10% drop before the S&P 500 reaches 8,000, and Bitcoin has already seen oneIn short
Tom Lee wants a 10% pullback even as he targets the S&P 500 at 8,000 points.
A record margin debt of $1.53 trillion is at the top of its list of triggers for a pullback.
Bitcoin is trading around $63,000, while the S&P 500 closes at new all-time highs.
Read the original story Tom Lee wants a 10% drop before the S&P 500 reaches 8,000. Bitcoin has already had one by Lockridge Okoth on it.beincrypto.com
Tom Lee wants a 10% drop before the S&P 500 reaches 8,000, and Bitcoin has already seen one
In short
Tom Lee wants a 10% pullback even as he targets the S&P 500 at 8,000 points.
A record margin debt of $1.53 trillion is at the top of its list of triggers for a pullback.
Bitcoin is trading around $63,000, while the S&P 500 closes at new all-time highs.
Read the original story Tom Lee wants a 10% drop before the S&P 500 reaches 8,000. Bitcoin has already had one by Lockridge Okoth on it.beincrypto.com
Tom Lee wants a 10% pullback even as he targets the S&P 500 at 8,000 points.
A record margin debt of $1.53 trillion is at the top of its list of triggers for a pullback.
Bitcoin is trading around $63,000, while the S&P 500 closes at new all-time highs.
Read the original story Tom Lee wants a 10% drop before the S&P 500 reaches 8,000. Bitcoin has already had one by Lockridge Okoth on it.beincrypto.com
China Injected $52 Billion and Bitcoin Fell, With Three More Days ExpectedIn short
The PBOC injected 52 billion dollars on Friday, but Bitcoin fell by 1.7% to $62,605.
On Monday, three more injection days begin, each with a cap close to 88 billion dollars.
Also Bitcoin fell after the initial June injection, repeating the same pattern.
Read the original story The China injected 52 billion dollars and Bitcoin fell, with three more days of Lockridge Okoth expected on it.beincrypto.com
China Injected $52 Billion and Bitcoin Fell, With Three More Days Expected
In short
The PBOC injected 52 billion dollars on Friday, but Bitcoin fell by 1.7% to $62,605.
On Monday, three more injection days begin, each with a cap close to 88 billion dollars.
Also Bitcoin fell after the initial June injection, repeating the same pattern.
Read the original story The China injected 52 billion dollars and Bitcoin fell, with three more days of Lockridge Okoth expected on it.beincrypto.com
The PBOC injected 52 billion dollars on Friday, but Bitcoin fell by 1.7% to $62,605.
On Monday, three more injection days begin, each with a cap close to 88 billion dollars.
Also Bitcoin fell after the initial June injection, repeating the same pattern.
Read the original story The China injected 52 billion dollars and Bitcoin fell, with three more days of Lockridge Okoth expected on it.beincrypto.com
The price of XRP drops again below $1 despite record network adoptionIn short
Lark Davis argues that underestimating XRP is a mistake, citing record adoption data on the XRP Ledger.
The token slipped below $1 again after breaking a streak of 635 days above that level.
The ten main institutional agreements of Ripple during 2026 were all settled in RLUSD instead of XRP.
Read the original story The price of XRP drops again below $1 despite the record adoption of the network by Luis Blanco on it.beincrypto.com
The price of XRP drops again below $1 despite record network adoption
In short
Lark Davis argues that underestimating XRP is a mistake, citing record adoption data on the XRP Ledger.
The token slipped below $1 again after breaking a streak of 635 days above that level.
The ten main institutional agreements of Ripple during 2026 were all settled in RLUSD instead of XRP.
Read the original story The price of XRP drops again below $1 despite the record adoption of the network by Luis Blanco on it.beincrypto.com
Lark Davis argues that underestimating XRP is a mistake, citing record adoption data on the XRP Ledger.
The token slipped below $1 again after breaking a streak of 635 days above that level.
The ten main institutional agreements of Ripple during 2026 were all settled in RLUSD instead of XRP.
Read the original story The price of XRP drops again below $1 despite the record adoption of the network by Luis Blanco on it.beincrypto.com
Binance adds HTX and 10 other crypto platforms to the blacklist—are your funds at risk?In short
Binance stops processing transactions involving HTX and 10 other platforms on August 23.
The list corresponds to the EU sanctions package that legally enters into force on the same day.
Transfers sent after the deadline may be frozen for a compliance review.
Read the original Binance story: HTX and 10 other crypto platforms are added to the blacklist—are your funds at risk? by Lockridge Okoth on it.beincrypto.com
Binance adds HTX and 10 other crypto platforms to the blacklist—are your funds at risk?
In short
Binance stops processing transactions involving HTX and 10 other platforms on August 23.
The list corresponds to the EU sanctions package that legally enters into force on the same day.
Transfers sent after the deadline may be frozen for a compliance review.
Read the original Binance story: HTX and 10 other crypto platforms are added to the blacklist—are your funds at risk? by Lockridge Okoth on it.beincrypto.com
Binance stops processing transactions involving HTX and 10 other platforms on August 23.
The list corresponds to the EU sanctions package that legally enters into force on the same day.
Transfers sent after the deadline may be frozen for a compliance review.
Read the original Binance story: HTX and 10 other crypto platforms are added to the blacklist—are your funds at risk? by Lockridge Okoth on it.beincrypto.com
SanDisk told investors that margins will decline, but the stock SNDK rose by...In short
SanDisk indicated long-term margins of 80%, lower than the 84.6% it currently earns.
The stock still rose by 13.67% after Thursday’s investor presentation.
The gross margins were only 22.5% five quarters ago, before the demand for artificial intelligence exploded.
Read the original story SanDisk told investors that margins will decline, but the stock SNDK still rose 14% according to Lockridge Okoth on it.beincrypto.com
SanDisk told investors that margins will decline, but the stock SNDK rose by...
In short
SanDisk indicated long-term margins of 80%, lower than the 84.6% it currently earns.
The stock still rose by 13.67% after Thursday’s investor presentation.
The gross margins were only 22.5% five quarters ago, before the demand for artificial intelligence exploded.
Read the original story SanDisk told investors that margins will decline, but the stock SNDK still rose 14% according to Lockridge Okoth on it.beincrypto.com
SanDisk indicated long-term margins of 80%, lower than the 84.6% it currently earns.
The stock still rose by 13.67% after Thursday’s investor presentation.
The gross margins were only 22.5% five quarters ago, before the demand for artificial intelligence exploded.
Read the original story SanDisk told investors that margins will decline, but the stock SNDK still rose 14% according to Lockridge Okoth on it.beincrypto.com
The main choice of Bank of America for a $210 billion market is AMD, but the tra...In short
BofA has raised its forecast for the server CPU market to $210 billion by 2030 and confirmed AMD as the preferred stock.
The put-to-call open interest of AMD shares has reached 1.15, the most bearish level in the past few months.
The money flow shows AMD in a distribution phase, while Nvidia and Broadcom attract buyers.
Read the original story The main choice of Bank of America for a $210 billion market is AMD, but traders prefer this other stock by Ananda Banerjee on it.beincrypto.com
The main choice of Bank of America for a $210 billion market is AMD, but the tra...
In short
BofA has raised its forecast for the server CPU market to $210 billion by 2030 and confirmed AMD as the preferred stock.
The put-to-call open interest of AMD shares has reached 1.15, the most bearish level in the past few months.
The money flow shows AMD in a distribution phase, while Nvidia and Broadcom attract buyers.
Read the original story The main choice of Bank of America for a $210 billion market is AMD, but traders prefer this other stock by Ananda Banerjee on it.beincrypto.com
BofA has raised its forecast for the server CPU market to $210 billion by 2030 and confirmed AMD as the preferred stock.
The put-to-call open interest of AMD shares has reached 1.15, the most bearish level in the past few months.
The money flow shows AMD in a distribution phase, while Nvidia and Broadcom attract buyers.
Read the original story The main choice of Bank of America for a $210 billion market is AMD, but traders prefer this other stock by Ananda Banerjee on it.beincrypto.com
Kraken grows faster than Coinbase, but its profits collapse by 71%In short
Payward’s adjusted pre-tax earnings fell by 71%, reaching $23 million in the last quarter.
Its revenues increased by 17%, while Coinbase’s decreased by 18% in the same months.
Kraken’s parent company has committed about $2.65 billion to acquisitions since 2025.
Read the original story Kraken grows faster than Coinbase, but its profits collapse by 71% from Lockridge Okoth on it.beincrypto.com
Kraken grows faster than Coinbase, but its profits collapse by 71%
In short
Payward’s adjusted pre-tax earnings fell by 71%, reaching $23 million in the last quarter.
Its revenues increased by 17%, while Coinbase’s decreased by 18% in the same months.
Kraken’s parent company has committed about $2.65 billion to acquisitions since 2025.
Read the original story Kraken grows faster than Coinbase, but its profits collapse by 71% from Lockridge Okoth on it.beincrypto.com
Payward’s adjusted pre-tax earnings fell by 71%, reaching $23 million in the last quarter.
Its revenues increased by 17%, while Coinbase’s decreased by 18% in the same months.
Kraken’s parent company has committed about $2.65 billion to acquisitions since 2025.
Read the original story Kraken grows faster than Coinbase, but its profits collapse by 71% from Lockridge Okoth on it.beincrypto.com
The first stablecoin in Hong Kong is live, but for now retail cannot use itIn short
Anchorpoint launched HKDAP only for institutions, with no retail access yet.
Hong Kong granted licenses to only 2 stablecoin issuers out of 36 candidates.
Retail access is expected by the end of 2026, but no date has been set yet.
Read the original story The first stablecoin in Hong Kong is live, but for now retail cannot use it by Lockridge Okoth on it.beincrypto.com
The first stablecoin in Hong Kong is live, but for now retail cannot use it
In short
Anchorpoint launched HKDAP only for institutions, with no retail access yet.
Hong Kong granted licenses to only 2 stablecoin issuers out of 36 candidates.
Retail access is expected by the end of 2026, but no date has been set yet.
Read the original story The first stablecoin in Hong Kong is live, but for now retail cannot use it by Lockridge Okoth on it.beincrypto.com
Anchorpoint launched HKDAP only for institutions, with no retail access yet.
Hong Kong granted licenses to only 2 stablecoin issuers out of 36 candidates.
Retail access is expected by the end of 2026, but no date has been set yet.
Read the original story The first stablecoin in Hong Kong is live, but for now retail cannot use it by Lockridge Okoth on it.beincrypto.com
The investor from “The Big Short” Steve Eisman identifies a weak spot that puts everything... at riskIn short
Eisman says OpenAI and Anthropic generate 70% of Big Tech’s AI revenue.
The pair accounts for 25% to 35% of cloud revenue for hyperscalers.
Eisman warns that Chinese open-weight economic models could trigger a price war.
Read the original story The investor from “The Big Short” Steve Eisman identifies a weak spot that puts the entire AI trade at risk by Kamina Bashir on it.beincrypto.com
The investor from “The Big Short” Steve Eisman identifies a weak spot that puts everything... at risk
In short
Eisman says OpenAI and Anthropic generate 70% of Big Tech’s AI revenue.
The pair accounts for 25% to 35% of cloud revenue for hyperscalers.
Eisman warns that Chinese open-weight economic models could trigger a price war.
Read the original story The investor from “The Big Short” Steve Eisman identifies a weak spot that puts the entire AI trade at risk by Kamina Bashir on it.beincrypto.com
Eisman says OpenAI and Anthropic generate 70% of Big Tech’s AI revenue.
The pair accounts for 25% to 35% of cloud revenue for hyperscalers.
Eisman warns that Chinese open-weight economic models could trigger a price war.
Read the original story The investor from “The Big Short” Steve Eisman identifies a weak spot that puts the entire AI trade at risk by Kamina Bashir on it.beincrypto.com
Two stocks are quietly beating Nvidia, and Wall Street wants it up by 30% moreIn short
Nvidia stock fell after six earnings reports since 2024, and TSMC has beaten it every time.
The same selloff triggers, margins, China, elevated expectations are also present for August 26.
Analysts assign TSMC a Strong Buy rating, estimating potential upside of about 27%, while Ciena receives a Moderate Buy valuation.
Read the original story Two stocks are quietly beating Nvidia, and Wall Street wants it up by 30% more than Ananda Banerjee on it.beincrypto.com
Two stocks are quietly beating Nvidia, and Wall Street wants it up by 30% more
In short
Nvidia stock fell after six earnings reports since 2024, and TSMC has beaten it every time.
The same selloff triggers, margins, China, elevated expectations are also present for August 26.
Analysts assign TSMC a Strong Buy rating, estimating potential upside of about 27%, while Ciena receives a Moderate Buy valuation.
Read the original story Two stocks are quietly beating Nvidia, and Wall Street wants it up by 30% more than Ananda Banerjee on it.beincrypto.com
Nvidia stock fell after six earnings reports since 2024, and TSMC has beaten it every time.
The same selloff triggers, margins, China, elevated expectations are also present for August 26.
Analysts assign TSMC a Strong Buy rating, estimating potential upside of about 27%, while Ciena receives a Moderate Buy valuation.
Read the original story Two stocks are quietly beating Nvidia, and Wall Street wants it up by 30% more than Ananda Banerjee on it.beincrypto.com
According to reports, OpenAI reaches an annualized revenue run rate of $40 billion...In short
OpenAI’s annualized revenue would have surpassed $40 billion, doubling compared to the end of 2025.
ChatGPT subscriptions, AI-based coding tools, and a new advertising business drive growth.
The revenue officer Denise Dresser leaves after eight months, the second departure in just a few days.
Read the original story According to reports, OpenAI reaches an annualized revenue run rate of $40 billion while its revenue officer leaves the company of Phil Haunhorst on it.beincrypto.com
According to reports, OpenAI reaches an annualized revenue run rate of $40 billion...
In short
OpenAI’s annualized revenue would have surpassed $40 billion, doubling compared to the end of 2025.
ChatGPT subscriptions, AI-based coding tools, and a new advertising business drive growth.
The revenue officer Denise Dresser leaves after eight months, the second departure in just a few days.
Read the original story According to reports, OpenAI reaches an annualized revenue run rate of $40 billion while its revenue officer leaves the company of Phil Haunhorst on it.beincrypto.com
OpenAI’s annualized revenue would have surpassed $40 billion, doubling compared to the end of 2025.
ChatGPT subscriptions, AI-based coding tools, and a new advertising business drive growth.
The revenue officer Denise Dresser leaves after eight months, the second departure in just a few days.
Read the original story According to reports, OpenAI reaches an annualized revenue run rate of $40 billion while its revenue officer leaves the company of Phil Haunhorst on it.beincrypto.com
Bit Digital’s stock rises despite a loss of $107.2 million in the second quarterIn short
Bit Digital’s stock rose 2.05% after recording a quarterly loss of $107.2 million.
Revenue increased by 15%, reaching $32.1 million, while cloud services revenue jumped by 42%.
CEO Sam Tabar said that the markets still consider Bit Digital as a passive treasury.
Read the original story The Bit Digital stock rises despite a loss of $107.2 million in the second quarter by Kamina Bashir on it.beincrypto.com
Bit Digital’s stock rises despite a loss of $107.2 million in the second quarter
In short
Bit Digital’s stock rose 2.05% after recording a quarterly loss of $107.2 million.
Revenue increased by 15%, reaching $32.1 million, while cloud services revenue jumped by 42%.
CEO Sam Tabar said that the markets still consider Bit Digital as a passive treasury.
Read the original story The Bit Digital stock rises despite a loss of $107.2 million in the second quarter by Kamina Bashir on it.beincrypto.com
Bit Digital’s stock rose 2.05% after recording a quarterly loss of $107.2 million.
Revenue increased by 15%, reaching $32.1 million, while cloud services revenue jumped by 42%.
CEO Sam Tabar said that the markets still consider Bit Digital as a passive treasury.
Read the original story The Bit Digital stock rises despite a loss of $107.2 million in the second quarter by Kamina Bashir on it.beincrypto.com
Polymarket faces lawsuit in Baltimore and loses banking relationship with JPMorganIn short
Baltimore has sued Kalshi and Polymarket for alleged unlicensed sports betting.
The city seeks civil penalties, restitution, and forfeiture of the platform’s profits.
Baltimore joins Kentucky, Wisconsin and New York in suing betting markets.
Read the original story Polymarket faces a lawsuit in Baltimore and loses its banking relationship with JPMorgan by Kamina Bashir on it.beincrypto.com
Polymarket faces lawsuit in Baltimore and loses banking relationship with JPMorgan
In short
Baltimore has sued Kalshi and Polymarket for alleged unlicensed sports betting.
The city seeks civil penalties, restitution, and forfeiture of the platform’s profits.
Baltimore joins Kentucky, Wisconsin and New York in suing betting markets.
Read the original story Polymarket faces a lawsuit in Baltimore and loses its banking relationship with JPMorgan by Kamina Bashir on it.beincrypto.com
Baltimore has sued Kalshi and Polymarket for alleged unlicensed sports betting.
The city seeks civil penalties, restitution, and forfeiture of the platform’s profits.
Baltimore joins Kentucky, Wisconsin and New York in suing betting markets.
Read the original story Polymarket faces a lawsuit in Baltimore and loses its banking relationship with JPMorgan by Kamina Bashir on it.beincrypto.com
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