Crypto News
Strategy Qualifies for S&P 500, Inclusion Decision Could Come on Friday
MicroStrategy, now doing business as Strategy (MSTR), has officially qualified for potential inclusion in the S&P 500 after posting one of the strongest quarters in its history. In the second quarter of 2025, the company reported $14 billion in operating income and $10 billion in net income, equal to $32.6 in diluted earnings per share. Quarterly revenue came in at $114.5 million, a modest 2.7% increase year-over-year, with subscription services rising nearly 70%.The results mark a dramatic turnaround from prior years, when impairment charges tied to bitcoin (BTC) depressed reported earnings. The adoption of new fair-value accounting standards in January 2025 allowed Strategy to recognize unrealized gains on its digital asset holdings, directly boosting profitability. With bitcoin trading above $100,000...
Former Cred Execs Sentenced to Federal Prison For $150M Crypto Fraud
The prison terms reflect executive responsibility in crypto fraud cases, with sentences based on “cooperation and leadership hierarchy.”Source link
JasmyCoin (JASMY) Struggles Below Key Resistance as RSI Shows Neutral Signals
JASMY price trades at $0.01 with bearish momentum indicators despite neutral RSI readings. Technical analysis reveals critical support and resistance levels. (Read More)Source link
‘Something Changed:’ Developer Warns Quantum Computing Could Break Bitcoin in Three Years
Hunter Beast, author of BIP 360, a proposal that aims to make bitcoin quantum computing resistant, has warned about advancements in the field that could potentially endanger bitcoin. “I don’t think we have as much time as I once thought,” he stressed. BIP 360 Author Raises Concerns About Bitcoin’s Vulnerability To Quantum Computing Quantum computingSource link
FIL Price Rallies 6.21% as Filecoin Shows Bullish Recovery Signals
Filecoin (FIL) surges to $2.46 with strong daily gains, as technical indicators suggest potential continuation of the upward momentum despite neutral market conditions. (Read More)Source link