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    Bitgo Revenue Jumps 80% to $4.3B as Stablecoin Demand Grows

    Bitgo Revenue Jumps 80% to $4.3B as Stablecoin Demand Grows

    Key TakeawaysBitgo’s Q2 revenue jumped 80% to $4.3B, but it still posted a $19M net loss.Bitgo’s $65.2B in assets and 148% growth in stablecoin assets show rising institutional crypto demand.Bitgo targets $15M in annual savings and a $50M buyback as it pushes AI and...
    Whale Places $203M Short Bet Against Tokenized SpaceX Stock

    Whale Places $203M Short Bet Against Tokenized SpaceX Stock

    Key TakeawaysA whale placed $203.47 million in limit short orders on tokenized SPCX between $141.93 and $142.90.Tokenized SPCX volume hit $700 million over two days in early August around a 911.5 million-share unlock.Elon Musk separately disclosed a 48.4% SpaceX stake...
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