Cryptocurrency News
Hut 8 Stock Slides 9.7% Despite 81% Revenue Surge in Q2
Hut 8 stock dropped 9.74% to $101.16 on Tuesday after the company reported second-quarter earnings. Revenue climbed 81% year over year to $74.9 million, while net losses reached $177.1 million. The Bitcoin (BTC) miner turned AI data center developer recovered 1.29% to $102.47 in after-hours trading. Investors appear focused on the loss rather than the
Nikkei 225 Jumps 3% as Chip Stocks Rally on Iran Deal Hopes
Nikkei 225 climbs 3% as chip stocks jump and Bessent Iran remarks lift Hormuz deal hopes.
Crypto Market Liquidity Dries Up as Daily Volumes Hit 2026 Lows
The six largest centralized exchanges now control over 60% of spot activity as overall market participation contracts.
Palantir Short Sellers Lose $3 Billion After 30% Earnings Rally
Palantir's 30% stock surge wiped out $3 billion in short seller gains after a strong earnings beat and raised guidance.
Whale Rock’s AI Bet Turns Volatile: July Losses Erase Half of 2026 Gains
Whale Rock's flagship fund fell 21.7% in July as AI and chip stocks slid, cutting its 2026 gains roughly in half.
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