Bullish posts $604.9 million Q1 loss as trading activity slows

XRP rallied as buyers pushed the token to fresh session highs, extending gains after a breakout from consolidation. The move came alongside expanding volume, elevated momentum readings, and optimism after the Senate Banking Committee advanced the CLARITY Act, which Ripple publicly supported. XRP Breakout Signals Renewed Bullish Momentum At 2:27 p.m. on May 14, XRP […]

Bullish also reported adjusted EBITDA of $35.1 million, missing analyst estimates of $38 million. Crypto trading platform Bullish reported weaker-than-expected first-quarter 2026 financial results as softer digital asset trading activity weighed on revenue and profitability. According to a report from…

Bullish shares fell Thursday after the company reported a first-quarter loss alongside disappointing subscriptions and services revenue.

Shares in Bitcoin treasury firm Nakamoto hit a new all-time low Thursday after it posted a $239 million loss and sold more BTC in Q1.

The post Bitcoin Firm Nakamoto Surges In Revenue But Bleeds Cash In Q1 appeared on BitcoinEthereumNews.com. Bitcoin Firm Nakamoto Surges In Revenue But Bleeds Cash In Q1 Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he’s a cook and cinephile who’s constantly intrigued by the size of the universe. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/bitcoin-firm-nakamoto-surges-in-revenue-but-bleeds-cash-in-q1/

Nakamoto sold 284 Bitcoin on the last day of March just to keep the lights on. That detail, tucked inside the company’s first-quarter results released Wednesday, captures where the Bitcoin treasury firm stands heading into the second half of 2026 — growing fast on paper, but still burning through cash. Related Reading: Iran’s Hidden Crypto […]

The post MEXC Confirms Strong Asset Backing in Hacken-Audited May 2026 Proof of Reserves Report appeared on BitcoinEthereumNews.com. MEXC, a pioneer in 0-fee digital asset trading, has released its May 2026 Proof of Reserves report, independently audited by Hacken. The report confirms that all major assets are fully backed, with reserve ratios significantly exceeding the 1:1 industry standard. This demonstrates MEXC’s unwavering commitment to user asset protection. The May report shows reserve ratios of 293% for BTC, 123% for ETH, 117% for USDT, and 120% for USDC. These ratios indicate that MEXC’s asset reserves fully cover user assets. The May 2026 Proof of Reserves snapshot has been audited by Hacken, a globally recognized blockchain security firm, validating the Merkle Tree construction, wallet ownership, and reserve adequacy. MEXC consistently publishes a verifiable Proof of Reserves every month, setting a transparency standard for the industry and providing users with clear, verif

The post Dogecoin Fisher Transform Turns Bullish: The Last Setups Were Explosive appeared on BitcoinEthereumNews.com. Dogecoin’s monthly Fisher Transform has crossed bullish again, according to trader Cantonese Cat, reviving a macro signal that has previously appeared near major DOGE basing periods rather than at clean, immediate breakouts. The chart, posted May 14 via X, shows DOGE near $0.1146 after a multi-month decline from its 2024 high, with the Fisher line turning up from deeply negative territory. The Fisher Transform is a technical indicator designed to convert price action into a more normalized distribution, helping traders identify potential reversals or major shifts in price behavior. In charting practice, a bullish flip typically refers to the Fisher line crossing above its signal line after an oversold trough. On a monthly chart, that makes it a slow regime signal, not a short-term trigger.   Cantonese Cat framed the move cautiously. When another user asked, “2 more year