2d ago
Upexi reports $179 million quarterly loss as Solana treasury faces $164.5 million unrealized hit
In its fiscal quarter ended Dec. 31, Nasdaq-listed Upexi doubled revenue to $8.1 million but recorded a net loss of nearly $179 million as fair value adjustments on its Solana holdings weighed on results. Digital asset operations, mainly SOL staking income, produced $5.1 million and now exceed the company's consumer brands revenue, while Upexi held over 2.17 million SOL with about 95% staked at quarter end.
SOL
SOL+7.56%
2d ago
1-28
Nifty Gateway details NFT shutdown plan with permanent hosting and April 23 withdrawal deadline
Nifty Gateway has set out how it will protect users' NFTs as the Gemini-owned marketplace winds down, including a 90-day withdrawal window ending April 23. The platform plans to move most token metadata and media to Arweave while continuing to host certain 2021-era NFTs on its own servers indefinitely, and is preparing a bulk withdrawal tool for collectors holding multiple assets.
AR
AR+8.47%
1-28
1-23
PwC says institutional crypto use is now embedded and hard to reverse as stablecoins scale
PwC's Global Crypto Regulation Report 2026 argues that institutional use of digital assets has moved beyond trading into payments, settlement, treasury and balance-sheet functions, reaching a stage that is difficult to unwind. The firm highlights growing deployment of stablecoins, tokenized cash and onchain settlement tools across banks, asset managers and payment companies, a trend echoed by Circle and ARK Invest's research on the expanding role of public blockchains.
1-23
1-9
BofA lifts Coinbase to buy with $340 target after 40% slide and rising crypto adoption
Bank of America has upgraded Coinbase shares to a buy rating and set a $340 price target after the stock dropped about 40% from its July peak near $420. The bank cited cheaper valuation, higher short interest, and growing revenues from infrastructure, derivatives and Base as potential cushions against volatile retail trading volumes. Analysts also argued that Coinbase could be a long-term winner as crypto adoption is still in its early stages and the exchange expands into new products and markets.
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