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bullish

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Báo cáo tài chính Q2 của Bullish: Lỗ ròng 280 triệu USD, khối lượng giao dịch tài sản số đạt 32.6 tỷ USD

Tin tức từ ChainCatcher, theo báo cáo của GlobeNewswire, nền tảng giao dịch tài sản tiền điện tử Bullish đã công bố kết quả tài chính quý 2 năm 2026. Công ty cho biết, khi thị trường chứng khoán toàn cầu dần chuyển sang chuỗi công khai, Bullish đang lên kế hoạch xây dựng một hệ thống dịch vụ chứng khoán token hóa hỗ trợ nhà phát hành hoàn chỉnh xung quanh việc phát hành, niêm yết, giao dịch và theo dõi.Giám đốc điều hành Bullish, Tom Farley, cho biết, thị trường chứng khoán toàn cầu gần 300 triệu tỷ đô la đang chuyển sang blockchain công cộng, Bullish hy vọng hợp tác với các nhà phát hành để thúc đẩy quá trình này. Sau khi hoàn tất giao dịch mua lại Equiniti đang được đề xuất, công ty sẽ hình thành một nền tảng tích hợp bao gồm phát hành, niêm yết, giao dịch và theo dõi chứng khoán token.Dữ liệu tài chính cho thấy, doanh thu từ bán tài sản kỹ thuật số của Bullish trong quý 2 đạt 32.6 tỷ đô la, giảm so với 58.6 tỷ đô la cùng kỳ năm trước; lỗ ròng là 280 triệu đô la, trong khi cùng kỳ năm trước lãi ròng là 108.3 triệu đô la, tương ứng với lỗ ròng trên mỗi cổ phiếu là 1.78 đô la.Tuy nhiên, hiệu suất kinh doanh cốt lõi của công ty đã cải thiện. Doanh thu điều chỉnh (không theo IFRS) trong quý 2 đạt 92.6 triệu đô la, tăng 62% so với cùng kỳ năm trước là 57 triệu đô la; trong đó, doanh thu từ đăng ký, dịch vụ và các nguồn thu khác đạt kỷ lục 62.7 triệu đô la. Doanh thu giao dịch điều chỉnh đạt 29.9 triệu đô la, tăng 24% so với cùng kỳ; EBITDA điều chỉnh đạt 29.5 triệu đô la, trong khi cùng kỳ năm trước là 8.1 triệu đô la; lợi nhuận ròng điều chỉnh đạt 14.3 triệu đô la, trong khi cùng kỳ năm trước lỗ 6 triệu đô la.Về tiến độ kinh doanh, Bullish cho biết giao dịch mua lại công ty công nghệ tài chính của Anh, Equiniti, đang được thúc đẩy và dự kiến sẽ hoàn tất vào đầu năm 2027, vẫn cần đáp ứng các điều kiện phê duyệt quy định và các điều kiện thông lệ khác. Ngoài ra, chỉ số CoinDesk thuộc Bullish tiếp tục được các tổ chức áp dụng. Morgan Stanley đã phát hành các sản phẩm giao dịch liên quan đến Bitcoin, Ethereum và Solana dựa trên chỉ số chuẩn CoinDesk, thu hút hơn 400 triệu đô la dòng vốn vào quý 2.Về mặt quy định, Bullish đã nhận được sự chấp thuận từ Ủy ban Dịch vụ Tài chính Gibraltar (GFSC) để cung cấp dịch vụ giao dịch thứ cấp cho chứng khoán token hóa, trở thành một trong những nền tảng được quản lý đầu tiên cung cấp giao dịch chứng khoán token hóa hỗ trợ nhà phát hành.Công ty cũng đã điều chỉnh và làm rõ hướng dẫn cho cả năm 2026, dự kiến doanh thu từ đăng ký, dịch vụ và các nguồn thu khác (không theo IFRS) sẽ đạt từ 225 triệu đến 245 triệu đô la, chi phí hoạt động điều chỉnh dự kiến từ 225 triệu đến 230 triệu đô la, chi phí tài chính dự kiến từ 52 triệu đến 60 triệu đô la.

Ark Invest bought approximately $4.4 million in bullish stocks on the dip, after the stock fell for five consecutive days

Cathie Wood's investment firm Ark Invest bought approximately $4.4 million worth of Bullish stock through three exchange-traded funds (ETFs) over the trading days on Monday and Tuesday.According to Ark's daily trading disclosures and the closing prices on those days, Ark purchased 52,308 shares on Monday and 69,712 shares on Tuesday, involving the three ETFs: Innovation ETF (ARKK), Next Generation Internet ETF (ARKW), and Blockchain and Financial Technology Innovation ETF (ARKF). This purchase occurred after Bullish's stock price had been declining consecutively. Over the past five trading days, Bullish's stock price has dropped a total of 15.4%, with a rebound of 1.88% on Tuesday, closing at $36.23. Despite the slight recovery, the stock has still fallen 16.7% over the past month.Ark actively adjusts its ETF holdings to ensure that no single stock accounts for more than 10% of the fund's portfolio. When certain asset values fluctuate significantly, a rebalancing of weights is conducted, and this increase in holdings falls under that routine management operation.On the fundamental side, Bullish disclosed mixed results for the first quarter last week. The company reported a net loss of $604.9 million, nearly doubling the loss from the same period last year, but adjusted revenue increased from $62.4 million a year ago to $92.8 million. CEO Tom Farley pointed out that the recent acquisition of Equiniti for $4.2 billion is a potential growth catalyst, aimed at integrating Bullish's tokenization technology stack with regulated agencies to create a comprehensive blockchain-enabled issuance service provider.Background information shows that Bullish went public in August 2025, issuing 30 million shares at a price of $37 per share. According to Bitcoin Treasuries data, the company remains the sixth largest publicly traded holder of Bitcoin, holding approximately 24,300 BTC.

Santiment: Caution is needed regarding the bullish sentiment surge triggered by the advancement of the "CLARITY Act."

The sentiment analysis platform Santiment stated that after the news of the Senate Banking Committee advancing the CLARITY Act, Bitcoin has sparked a wave of enthusiasm on social media. This brings BTC and cryptocurrencies one step closer to eventual approval. Historical data shows that when the number of bullish comments on cryptocurrency market value is 1.55 times that of bearish comments, it is advisable to remain cautious. Market trends often go against public expectations.In summary, any efforts to push the CLARITY Act through should be viewed as a positive for cryptocurrencies in the long run, as it may ultimately bring clearer rules to the U.S. cryptocurrency industry. Currently, one of the biggest issues facing the cryptocurrency sector (especially in 2026) is uncertainty. Many companies, investors, and banks are hesitant to fully commit because they do not know which crypto assets will be classified as securities in the future, what rules they must comply with, and whether regulators will suddenly take action. This uncertainty leads to a wait-and-see attitude regarding funding. If the CLARITY Act is passed, it is expected that more institutional funds and well-capitalized investors will enter (or re-enter) the market. This will create higher demand, thus driving up prices. However, if the market value of many of the largest stocks has already been "digested" within a certain range before the CLARITY Act officially takes effect, do not be surprised.

Gray area: The Federal Reserve may maintain high interest rates for a long time, which is bearish for Bitcoin but bullish for Circle and RWA

Grayscale's research director Zach Pandl stated that in the context of rising inflation in the United States, the Federal Reserve may maintain a high interest rate policy for a long time, which will have three core impacts on the cryptocurrency market.He believes that as the U.S. CPI approaches 4%, the new Federal Reserve Chairman Kevin Warsh has almost no room for interest rate cuts, and the market currently expects the first rate cut to be delayed until September 2027.Grayscale pointed out that long-term high interest rates will put pressure on "currency depreciation trades" such as Bitcoin. Since Bitcoin, like gold, is a non-yielding asset, higher real interest rates will increase the opportunity cost of holding dollar-denominated assets. However, it remains optimistic about Bitcoin's long-term prospects and believes that regulatory benefits such as the CLARITY Act can partially offset the related pressures.In addition, it believes that a high interest rate environment will accelerate the tokenization of fixed income assets. Currently, the yields on dollar-denominated fixed income products are higher than those of most DeFi yields; for example, the USDC lending rate on Aave is about 3.6%, while the yield on short-term corporate bonds is about 4.5%.Grayscale also stated that stablecoin issuers will benefit from high interest rates. Since the GENIUS Act prohibits stablecoins from paying interest to users, issuers can retain the income from reserve assets. It estimates that for every 25 basis points increase in short-term rates, Circle's revenue will increase by approximately $190 million.

Analysis: Bitcoin is still in a strong expansion range, with multiple on-chain and funding indicators confirming a comprehensive bullish momentum

Despite Bitcoin's pullback of about 2.5% since reaching a peak of $82,800, market analysts generally believe that its overall upward structure remains intact and has re-entered the "full bull market momentum" range. Swiss wealth management firm Swissblock pointed out that Bitcoin has re-entered the price expansion range, the Bull Market Support Band has turned into support, and the 21-week EMA has crossed above the 20-week SMA, with the trend structure turning bullish again. Currently, Bitcoin's price is consolidating around $80,000, where the "real market average" and short-term holding costs constitute key support, while the realized price around $85,000 forms an upper pressure zone.Whale and institutional-led spot buying are strengthening, while the proportion of derivative speculation is decreasing. Similar structures historically correspond to sustainable upward trends. If this indicator continues to maintain positive values, it may further drive Bitcoin to continue its upward cycle. In terms of liquidity, the Stablecoin Supply Ratio (SSR) has rebounded from historical lows to a key range, indicating that stablecoin funds are flowing back into the market. This signal has corresponded to phase bottom rebounds in mid-2021, 2022, and mid-2023. Meanwhile, the Binance stablecoin supply ratio oscillation indicator (SSR Oscillator) has risen to 2.8, reaching a 12-month high, showing a significant increase in stablecoin purchasing power.On-chain activity is also strengthening. Bitcoin's daily transaction volume has increased by 116%, reaching 831,400 transactions, a 20-month high; the number of active addresses has increased by 7.1% to 707,700, and total transaction fees have grown by 37% to $279,300, indicating a significant increase in network usage activity. In terms of funding structure, the 90-day spot Taker CVD has turned into a sustained positive value, indicating that spot buying is dominating the market. Glassnode data shows that this indicator has further risen to $62 million compared to a week ago, reflecting an increase in market proactive buying sentiment.In summary, the price structure, liquidity indicators, and on-chain demand all indicate that Bitcoin is currently still in a "strong trend expansion phase," and the bull market momentum has not yet ended.

Gate Prediction Market: WTI crude oil price expectations for May are bullish, with a 51% probability of exceeding 110 USD

As the first CEX platform to connect with Polymarket, Gate's data shows that the overall market expectation for the "WTI Crude Oil May Price" related prediction event remains strong. Among them, the probability of WTI crude oil prices exceeding $110 is 51%, the probability of exceeding $105 is 67%, and the probability of exceeding $100 is as high as 94%. Overall, the market maintains an optimistic outlook on the short-term trend of oil prices, with funding expectations continuously leaning towards an upward direction.Gate's performance in the Polymarket partnership channel continues to lead, currently securing a spot in the top three, with a significant increase in user participation scale, reflecting the growing activity and engagement depth of platform users in the prediction market. Users can directly access the prediction market through the Gate App, entering the Polymarket page from the platform's homepage Alpha, and participate in event predictions using USDT in their exchange accounts. This integration marks a key step for Gate in merging the crypto trading ecosystem with the prediction market, providing users with a diversified market experience from expectation judgment to trading participation.In addition, Gate will launch the "Polymarket 100 USDT Battle God Challenge" social media event from May 11, 15:00 to May 20, 15:00 (UTC+8), where users can participate in prediction market trading with a maximum of 100 USDT and compete for the earnings leaderboard and quality content creator rewards by sharing profit reports, trading strategies, and review content. The total prize pool of the event includes 66 content reward slots and a 1,000 USDT Battle God earnings prize pool.
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