# Crypto Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Crypto", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Crypto generated about 1% of Webull’s record $198M Q2 revenue

Webull reported record Q2 2026 revenue of $198 million, a 51% year-over-year increase. Cryptocurrency trading contributed $2.25 million, or just over 1%, of this total. The majority of revenue (56%, or $112 million) came from equity and options trading. During an earnings call, President Anthony Michael Denier stated the company is gradually introducing crypto deposit and withdrawal features. The results slightly exceeded Wall Street estimates, and Webull's stock price saw significant gains following the announcement. In contrast, competitor Robinhood recently reported a 38% decline in its crypto transaction revenue for the quarter.

cointelegraph2 days ago 11:19

Crypto generated about 1% of Webull’s record $198M Q2 revenue

cointelegraph2 days ago 11:19

Fidelity Assesses the Limits of AI's Influence on the Crypto Market

Fidelity Analysts Assess the Limits of AI's Impact on the Crypto Market Fidelity Digital Assets senior analyst Max Waddington notes that AI agents could become a new source of activity in the digital asset sector, from payments to trading and lending. However, the benefits will likely be distributed unevenly. Fidelity's study of over 100,000 GitHub developers shows AI coding assistants increased commit counts by up to 180% and releases by 30%. These tools enable smaller teams to build blockchain applications faster, though critical financial software still requires manual code review. In the crypto industry itself, developer counts fell in 2026 amid lower prices, but commits per developer continued to rise. Waddington cautions that more applications don't guarantee success; user adoption, liquidity, compliance, and trust remain key. Autonomous AI agents, capable of payments, trading, liquidity provision, and lending, are emerging as another driver. Blockchains are suitable due to 24/7 operation and programmable settlements. According to Keyrock, AI agents had already conducted over 176 million transactions worth more than $73 million by May, predominantly using USDC. Infrastructure is developing, with Coinbase launching tools like the x402 protocol and 'Coinbase for Agents'. However, Fidelity expects agents to use multiple platforms (both public blockchains and traditional finance systems) based on cost and convenience. A surge in AI-driven transactions may not proportionally boost blockchain revenue. Payments, while numerous, generate low fees and can be batched or moved to cheaper Layer 2s. Capital-intensive activities like trading are far more lucrative for networks; over 180 days, trading generated 49x more revenue per dollar of volume for Ethereum's base layer than payments did, with additional revenue from MEV. Therefore, analysts see greater potential in AI agents involved in trading, lending, and liquidity provision. Widespread automated payments would primarily benefit stablecoin issuers and infrastructure providers rather than native blockchain tokens. This aligns with earlier comments from Bernstein and Franklin Templeton on AI agents driving crypto payments and being key to stablecoins' future.

cryptonews.ru2 days ago 11:16

Fidelity Assesses the Limits of AI's Influence on the Crypto Market

cryptonews.ru2 days ago 11:16

HYPE Soars 26.86%, Approaching All-Time High: What Is the Market Buying Into?

HYPE surged 26.86%, nearing its all-time high. The primary catalyst is news that former President Trump stated U.S. CFTC Chairman Michael Selig is actively working to bring the Hyperliquid protocol into the U.S. in a fully compliant manner. This aligns with Hyperliquid's own lobbying efforts, including a recent proposal with trade.xyz to the SEC for introducing pre-IPO perpetual contracts (IPOPs) to provide price discovery before public listings. Key points driving the optimism include: Hyperliquid's established position as a leading on-chain perpetual exchange; active engagement with U.S. regulators (SEC and CFTC) on frameworks for compliant derivatives trading; and significant political and regulatory momentum under the current administration to foster crypto innovation with clearer rules. Potential paths for Hyperliquid's U.S. entry are discussed: 1) Partnering with licensed U.S. entities for clearing and KYC, 2) Listing Hyperliquid assets on already compliant platforms like Coinbase, or 3) The more complex route of acquiring/building a fully regulated U.S. exchange. The process is estimated to take several months to a year but marks a significant step towards legitimizing on-chain derivatives in the U.S. market, boosting HYPE's price prospects.

Odaily星球日报2 days ago 10:11

HYPE Soars 26.86%, Approaching All-Time High: What Is the Market Buying Into?

Odaily星球日报2 days ago 10:11

The Logic Behind Circle's $50 Billion Valuation: The Market Only Sees USDC, But Overlooks the Payment Network

Circle's $50 billion valuation logic: The market sees only USDC but overlooks its payment network. While Circle is perceived as a simple stablecoin issuer, its potential as a full-stack monetary platform is undervalued. The article argues Circle's moat is deeper than recognized, with first-mover advantages in liquidity and network effects making its position hard to challenge. The stablecoin market is projected to grow at 40% CAGR, surpassing $1 trillion by 2030, with Circle well-positioned to capture significant share. Competitors like the Open Standard (OUSD) alliance face significant hurdles in governance and aligned incentives. Currently valued at $18 billion (6.7x P/S), Circle's revenue is heavily tied to interest income. However, its expanding payment network (showing explosive growth) and Arc chain could diversify revenue streams. By 2030, with $40B in interest income, $4B from payments, and $5B from Arc, total revenue could approach $50B. A re-rating to a 10x multiple on more diversified, less rate-sensitive revenue could justify a $500 billion market cap.

marsbit2 days ago 09:46

The Logic Behind Circle's $50 Billion Valuation: The Market Only Sees USDC, But Overlooks the Payment Network

marsbit2 days ago 09:46

U.S. Spot Ethereum ETFs Record Strongest Daily Inflow in 9 Months! Here's All the Data

On August 19, U.S. spot Ethereum ETFs recorded a substantial inflow of approximately $517.2 million, marking their strongest single-day net capital influx in nine months. Leading the inflows was BlackRock's ETHA fund with about $122.12 million, followed by Fidelity's FETH with $36.54 million. Other notable inflows included BlackRock's staking-supported ETHB ($9.71M), Grayscale's Mini $ETH ($16.04M), Morgan Stanley's MSSE ($2.25M), Grayscale's ETHE ($1.69M), and Franklin Templeton's EZET ($0.79M). This significant capital movement signals renewed institutional interest in Ethereum, positioning spot ETFs as a key channel for market investment. The sustained high inflows are viewed as a potential indicator of growing investor confidence, which could directly or indirectly support Ethereum's market demand and price dynamics. Market observers are now focused on whether this inflow trend will continue in the coming days, as its persistence will be crucial in determining if a sustained bullish trend is forming. *This is not investment advice.

cryptonews.ru2 days ago 09:26

U.S. Spot Ethereum ETFs Record Strongest Daily Inflow in 9 Months! Here's All the Data

cryptonews.ru2 days ago 09:26

Coinbase Adds Hyperliquid Perpetuals to Base App With Up to 50x Leverage

Coinbase has integrated Hyperliquid perpetual futures into its Base App, offering qualified users access to over 290 markets. These include Bitcoin, Ethereum, tokenized stocks, and commodities, with leverage of up to 50x on specific assets. Hyperliquid handles trade execution, while traders can access these markets directly from their existing custody wallets within the Base App. According to Coinbase, perpetual futures, which do not expire, constitute about 75% of all crypto trading and were a highly requested product. This move marks a strategic shift for Base App, pivoting from an initial focus on social features towards emphasizing trading, payments, and AI, driven by user interest in products like perpetuals, prediction markets, and stablecoins. The integration expands the range of tradable assets beyond traditional cryptocurrencies, allowing users to speculate on various markets within a self-custodial framework. This reflects the growing significance of derivatives in the crypto ecosystem.

TheNewsCrypto2 days ago 09:06

Coinbase Adds Hyperliquid Perpetuals to Base App With Up to 50x Leverage

TheNewsCrypto2 days ago 09:06

Bitcoin Liquidates Over $1 Billion in Short Positions Within an Hour, Marking Largest Squeeze Since 2021

Bitcoin experienced a sharp surge above $70,000, triggering a massive short squeeze where over $1 billion in short positions were liquidated within approximately one hour—marking the largest such event since 2021. The rapid price increase was driven not by new buying but by forced buybacks from leveraged short positions, amplifying the uptrend. This shift occurred as Bitcoin held support around $60,000, reversing a months-long selling trend. Concurrently, improved risk sentiment was supported by policy developments, including former President Trump meeting with crypto industry executives and the U.S. Securities and Exchange Commission proposing exemptions for certain digital asset registrations. On the macro front, the U.S. Treasury's announcement to expand its bond buyback program lowered yields and boosted risk assets. Chain data from CryptoQuant indicates a notable change, with large holders accumulating approximately 43,000 Bitcoin (worth around $2.75 billion) over the past 60 days, signaling a reversal from previous selling pressure. Analysts highlight that the rally was primarily fueled by short covering, reflecting restored buyer confidence as market narratives shifted.

华尔街日报2 days ago 08:55

Bitcoin Liquidates Over $1 Billion in Short Positions Within an Hour, Marking Largest Squeeze Since 2021

华尔街日报2 days ago 08:55

SEC Opens Legal Channel for Crypto Projects to Issue Tokens: Not Judging for Investors, Only Requiring Full Disclosure

The SEC has proposed new crypto asset regulations, establishing a pathway for projects to legally issue tokens in the U.S. The core principle is disclosure-based regulation: projects must provide clear, comprehensive information to investors, but the SEC will not judge the merit or value of the tokens. This approach returns to the agency's founding philosophy, as outlined by President Franklin D. Roosevelt and legal scholar Louis Brandeis, which emphasizes that sunlight (transparency) is the best disinfectant for markets. The proposal includes exemptions allowing token sales, provided issuers adhere to anti-fraud laws and offer "principles-based narrative disclosures." This framework shifts responsibility to investors to make informed decisions based on disclosed facts. The article references the Blockworks Token Transparency Framework (TTF) as an existing industry-led effort for standardized crypto asset disclosure, suggesting such models could inform final SEC rules.

marsbit2 days ago 08:51

SEC Opens Legal Channel for Crypto Projects to Issue Tokens: Not Judging for Investors, Only Requiring Full Disclosure

marsbit2 days ago 08:51

BitGo Korea Obtains VASP Status for Institutional Crypto Asset Custody

BitGo Korea, the local subsidiary of the digital asset custodian, has obtained a Virtual Asset Service Provider (VASP) license in South Korea. The approval from the country's Financial Intelligence Unit establishes a regulatory framework for the company to offer crypto custody and transfer services to institutional and corporate clients. The company established a new local legal entity rather than acquiring an existing VASP and developed its security, AML, internal control, and operational systems to meet Korean requirements. Strategic shareholders include Hana Financial Group and SK Telecom. The registration was approved just days before stricter South Korean VASP rules came into effect, which expand shareholder scrutiny and require compliance with standards for financial soundness, cybersecurity, internal controls, and anti-money laundering.

cryptonews.ru2 days ago 08:44

BitGo Korea Obtains VASP Status for Institutional Crypto Asset Custody

cryptonews.ru2 days ago 08:44

HYPE Stock Rises Over 17% After Trump Confirms CFTC's Pursuit of Onshore Hyperliquid Development

The price of HYPE surged over 17% in 24 hours, rising from around $58 to over $70, following former President Trump's announcement that the CFTC is working to bring the decentralized exchange Hyperliquid to the US market in a fully compliant manner. Trump made the remarks during a meeting with crypto, tech, and finance leaders, specifically mentioning CFTC Chairman Michael Selig's efforts. While details on the platform's US structure, registration requirements, and timeline remain unclear, the potential access to the vast US derivatives market represents a major opportunity for Hyperliquid, though it would require adapting to strict US regulations like client identification and sanctions compliance. The development marks a convergence, as non-crypto traders, such as oil traders, are already using the platform. Market participants will be watching for any official signals from the CFTC's upcoming advisory committee meeting, as specific regulatory guidance could significantly impact HYPE's valuation.

cryptonews.ru2 days ago 08:41

HYPE Stock Rises Over 17% After Trump Confirms CFTC's Pursuit of Onshore Hyperliquid Development