1h ago
EIP-8363 could drive Ethereum staking yield toward zero and push SharpLink’s proposed $125M plan further into DeFi
Ethereum improvement proposal EIP-8363 would dynamically burn consensus rewards as total staking rises, potentially taking net staking yield to zero as staked ETH approaches 50% of supply. As of Aug. 8, about 41.18 million ETH was staked out of a total supply of 120.68 million ETH, or roughly 34.13%. SharpLink has disclosed plans to stake $100 million in ETH and pair it with $25 million in outside capital for DeFi liquidity protocols and other onchain strategies, according to a May SEC filing.
ETH
ETH+0.07%
1h ago
1h ago
Circle sets Sept. 16 launch date for Arc Mainnet as USDC circulation hits $73.3 billion
Circle reported fiscal Q2 2026 total revenue and reserve income of $701 million, up 7% year over year, missing Street expectations while earnings came in above estimates. USDC in circulation rose 19% from a year earlier to $73.3 billion. The company’s market cap stands at about $15.7 billion, and CRCL shares are down 14% on a yeartodate basis. Circle also said Arc’s public testnet processed more than 150 million transactions in its first 90 days and drew nearly 1.5 million transacting wallets.
1h ago
5h ago
Caterpillar backlog hits $72 billion after Q2 2026 revenue tops $20.5 billion
Caterpillar reported second-quarter 2026 sales and revenue of $20.5 billion, up 24% year over year and the first time it has exceeded $20 billion in a single quarter. Its order backlog climbed to a record $72 billion, up $9 billion from the prior quarter and 92% from the second quarter of 2025. Operating margin rose to 20.9% and the adjusted margin improved to 21.9%. The stock has gained 101.8% over the past 52 weeks and trades at a forward price-to-earnings ratio of 35.25 times versus 21.49 times for the broader industrials sector.
5h ago
6h ago
Japan’s FSA sets up dedicated crypto and stablecoin division after FIEA reclassifies $BTC, $ETH and 103 other tokens
Japan’s Financial Services Agency has established a dedicated crypto and stablecoin division, upgrading oversight from an office-level structure to a standalone unit. The new division will include three subunits covering exchange monitoring, innovation and digital payments. The move follows reforms to Japan’s Financial Instruments and Exchange Act that reclassified $BTC, $ETH and 103 other tokens as financial instruments.
BTC
BTC+0.13%
6h ago
9h ago
Solana futures open interest nears $1.8 billion as funding hits an 11-month high with SOL around $78
Solana futures open interest is close to $1.8 billion, representing about 23.1 million SOL in notional exposure. Funding rates on major exchanges’ perpetual contracts have risen to around 0.01% every eight hours, the highest in nearly 11 months, indicating traders are paying up to keep leveraged long positions. The last time funding was at similar levels, SOL traded above $200, while it is now above $70 and roughly 2.6% away from the $80 resistance level. Traders are watching whether SOL can break through $80.
SOL
SOL+1.23%
9h ago
13h ago
NEAR weighs $53 million sovereign-style fund to replace inflation-funded ecosystem spending
NEAR Protocol is considering a sovereign wealth fund-style model that would use investment income, rather than inflation, to support long-term operations. The proposal calls for an initial fund of about 30 million NEAR tokens, valued at roughly $53 million. Co-founder Illia Polosukhin said investing protocol revenue and holding NEAR tokens would offset inflation more sustainably than burning tokens. NEAR was trading around $1.76, up about 3.5% over 24 hours, but down roughly 29% over the past year.
NEAR
NEAR+0.61%
13h ago
13h ago
Crypto posts strong week as Bitcoin ETF buying hits $853M and Senate schedules CLARITY Act vote for Sept. 15
Crypto markets had a strong week, with Bitcoin ETFs posting $853M in net BTC buying, the biggest weekly inflow in three months. Ethereum ETFs recorded $244M in net ETH buying, the largest weekly inflow in four months, while SOL broke out of a three-month downtrend. In policy developments, President Vladimir Putin signed a new law regulating crypto in Russia, and the U.S. Senate is set to vote on the Crypto CLARITY Act on September 15, which President Donald Trump said he supports. September rate-hike odds fell to 40% from 56%, and Strategy’s STRC shares hit a 51-day high of $9.4.
BTC
BTC+0.13%
13h ago
14h ago
Doms Industries Q1FY27 revenue climbs 19.2% to ₹670.5 crore as net profit falls 23.4%
Doms Industries reported Q1FY27 revenue up 19.2% year on year to ₹670.5 crore, while consolidated net profit fell 23.4% to ₹45.3 crore. The company said raw material costs rose by about 20% even as it implemented price increases of only 4–5%, squeezing margins. Doms maintained its full-year revenue growth guidance of 18–20% and said the Reynolds brand is expected to contribute close to 10% of overall revenues by FY29. Basic EPS slipped to ₹7.33 from ₹9.44.
14h ago