Wall Street | Crypto

The proprietary-only entity can pursue authorized-participant work, while DTC access and a fund-distributor agreement remain separate. The post Wintermute takes aim at Wall Street’s crypto ETF gatekeepers appeared first on CryptoSlate.

The CLARITY Act delay keeps crypto regulation uncertain as senators face a 60-vote hurdle and investors assess its market impact. The post The Senate Just Shelved the CLARITY Act, And JPMorgan Says Crypto’s Tokenization Boom Could Slip Away to Wall Street appeared first on Cryptonews.

CleanSpark’s shares fell 5.5% on Thursday after the Bitcoin miner reported $138 million in quarterly revenue, narrowly missing Wall Street’s consensus estimate. Nasdaq-listed Bitcoin mining company CleanSpark reported $138 million in revenue for the third quarter of fiscal 2026. The $138 million represented a 30.5% year-over-year decrease from $198 million, according to its quarterly results published on Thursday. CleanSpark also reported a net loss of $239 million, or $0.89 per basic share, for the three months ended on June 30, compared with $257 million in net income, or $0.90 per share, for the same period last year. Read more

New analysis finds AI infrastructure contracts are becoming larger and more profitable, but investors now demand stronger execution before rewarding bitcoin mining stocks. Bitcoin miners’ pivot into artificial intelligence and high-performance computing (HPC) is reshaping their business models, but investors are no longer rewarding new infrastructure deals with the same enthusiasm they once did, suggesting the market has become more discerning as AI hosting strategies move into the mainstream. According to new analysis by Blocksbridge Consulting published in TheEnergyMag’s Miner Weekly, the market reaction to AI infrastructure announcements has weakened significantly over the past two years. Reviewing 25 AI and HPC infrastructure deals announced between June 2024 and August 2026, the report found that the average announcement-day stock move fell from roughly 24% for the earliest deals to about 10% for the most recent ones. Median gains also dropped by roughly half over the same period, even as the size and va...

Stablecoin issuer Circle reported $701 million in Q2 revenue, missing Wall Street estimates of about $713 million. Stablecoin issuer Circle reported $701 million in revenue for the second quarter of fiscal year 2026 on Wednesday, narrowly missing preliminary Wall Street estimates. Circle reported $701 million in total revenue and reserve income, up 7% year-over-year, according to its announcement. It also reported net income from continuing operations of $48 million, marking a $530 million year-over-year increase. Circle also reported $668 million in reserve income, which increased 5% year-over-year, primarily due to a 25% increase in average USDC (USDC) circulation. Read more

The Coldcard hardware wallet exploit has resulted in the theft of at least 1,596 BTC from about 7,300 addresses as users continue moving funds from potentially vulnerable wallets. Galaxy Research said the confirmed losses came from three major attack waves and 14 smaller incidents. The firm has also identified a possible fourth wave that could […] The post Coldcard’s $130 million crisis is pushing Bitcoin back into Wall Street’s hands appeared first on CryptoSlate.

A $20 billion AI hedge fund gained 439% through June, lost roughly two-thirds of its value in July, and sold most of a $16 billion public-stock portfolio as leverage turned against it. The collapse offers a warning for Bitcoin: when Wall Street needs cash quickly, the first asset sold may not be the one that […] The post The sudden collapse of a $20 billion AI fund reveals why Bitcoin is the first thing Wall Street sells when margin calls hit appeared first on CryptoSlate.

On April 9, 2025, Donald Trump told his Truth Social followers that it was “a great time to buy,” then announced a 90-day pause on many of his new tariffs a few hours later. The S&P 500 finished the day 9.5% higher, Bitcoin gained more than 5%, and crypto traders holding short positions lost $374 […] The post Donald Trump releases the $1.2 million data feed that lets Wall Street front-run his market-moving policy announcements appeared first on CryptoSlate.

Bloomberg Intelligence estimates the average net cost basis of US spot Bitcoin ETF capital at roughly $82,249, leaving the position about 22% underwater and sitting on $16.33 billion in unrealized losses. On Aug. 14, large investment managers must disclose their June 30 Bitcoin ETF positions, and those filings offer the clearest look yet at whether […] The post Wall Street is sitting on a $16.3 billion Bitcoin loss, and an August 14 deadline will expose who is quietly fleeing appeared first on CryptoSlate.

Morgan Stanley’s new Ethereum and Solana exchange-traded products generated roughly $38 million in combined trading volume on their first day, giving the Wall Street firm an immediate presence in two crypto fund markets dominated by earlier entrants. The Morgan Stanley Ethereum Trust (MSSE) recorded 933,715 shares traded Tuesday and attracted $5.15 million of net inflows. […] The post Morgan Stanley is using $7.4 trillion in client assets and rock-bottom fees to hijack Wall Street’s crypto boom appeared first on CryptoSlate.

Wall Street expects a sluggish second quarter from Coinbase as crypto trading activity cools, putting all eyes on and pending U.S. crypto legislation.

Bitcoin and crypto dropped as contagion from a major Asia stock-market correction spreads to the US at the Wall Street open. Bitcoin (BTC) hit ten-day lows at Tuesday’s Wall Street open as BTC price action followed a US stocks sell-off. Key points: Semiconductor-led losses from Asia spilled over into US trading. South Korea’s KOSPI Index finished the day down 10.8% in a single session, fueled by 14.8% losses for chip-maker SK Hynix, while Japan’s memory manufacturer Kioxia Holdings fell 18.3% on the day. Read more

The exchange wind-downs show where pressure is landing, while a messy shutdown tally and 49% drawdown leave timing unresolved. The post Is the Web3 startup extinction event here, as Wall Street silently inherits crypto architecture? appeared first on CryptoSlate.

Regulated perpetual futures are officially landing in the U.S., but while agile trading firms and crypto exchanges race to capture massive retail demand, traditional Wall Street banks are holding back until liquidity, rules, and infrastructure mature.

Around-the-clock crypto markets are forcing Wall Street to reevaluate one of its oldest assumptions: that weekends are for waiting.

Two Wall Street trading desks can hold economically similar exposure to Bitcoin and still pay materially different amounts to keep that exposure open. That's not because one desk made a better market call, but because the regulated products carrying the positions are inside collateral systems that don't always recognize them as parts of the same […] The post The $25 million Bitcoin glitch hiding inside Wall Street’s clearinghouses appeared first on CryptoSlate.

The revised CLARITY Act is exposing unusual divisions across Wall Street, Washington and the crypto industry as lawmakers struggle to build support for a Senate vote. Senate Republicans this week released a new draft that would bar the president and other federal officials from issuing or sponsoring digital assets. The changes have drawn sharply different […] The post CLARITY Act splits Wall Street and crypto as Goldman Sachs breaks with banks and Charles Hoskinson backs Warren appeared first on CryptoSlate.

JPMorgan Chase CEO Jamie Dimon told analysts in April that the roughly $1.8 trillion private credit market doesn't pose a systemic risk. “You have to have very large losses in private credit before, at least it looks like, banks are going to get hit,” he said. He made that comment the same week executives at […] The post Wall Street’s $128 billion private credit exposure is starting to look harder to contain appeared first on CryptoSlate.

Crypto.com and Kraken are pursuing the same tokenized-market expansion, while only one has disclosed Citadel’s operational role. The post Citadel backs two rival crypto exchanges with $600 million as both chase the same Wall Street prize appeared first on CryptoSlate.

The paid Truth API is aimed at high-frequency trading firms seeking “the fastest” access to market-moving Truth Social posts, including those from US President Donald Trump. Trump Media, the company that operates the Truth Social network, said Thursday it was launching a new paid-for API that gives Wall Street firms “the fastest” access to posts from the most influential Truth Social accounts, including US President Donald Trump. The API is targeted to be available to institutional customers from Aug. 1, 2026, and is aimed at high-frequency and algorithmic trading firms that require a low-latency, machine-readable feed, said the company on Thursday.  “Markets already move on Truth Social posts,” said Kevin McGurn, interim CEO of TMTG in a statement. “Truth API delivers a direct, licensed, real-time feed of the platform’s most market-moving Truths while advancing our strategy to monetize proprietary assets through a high-margin, recurring revenue stream.” Read more