Gemini posts $107.7M Q2 loss as spot volume drops 66%

Gemini posted a $107.7 million Q2 loss as trading volume fell 66%, while services, credit cards and prediction markets supported revenue growth.

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Ethena takes USDe basis trade into tokenized US equities

Ethena has added tokenized U.S. equities and equity perpetual futures to the basis trading strategy used for part of USDe’s

XRP could lose some payment flows to stablecoins, Ripple CEO says

Ripple CEO Brad Garlinghouse says XRP may suit some cross-border payments, while stablecoins can be a better fit for other

Billions in Bitcoin options expired today. What actually changed hands?

Bitcoin’s September 25 quarterly options expiry has put an enormous open-interest figure beside a much smaller and less visible question:

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