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Ethereum rally, Circle earnings, Opendoor investors, Do Kwon plea

In this episode of CoinStreet headlines, we dive into the latest headlines shaping the cryptocurrency landscape.

  • Ethereum reaches a new multi-year high, with Tom Lee’s Bitmine planning a massive $20 billion raise.
  • Circle announces the launch of a new Layer 1 arc blockchain and reports a significant 53% increase in second-quarter revenue year-over-year, despite a dip in stock prices.
  • Opendoor Technologies sees a surge in shares after influential investor Anthony Pompliano backs the company, which has been navigating challenges in the housing market.
  • Do Kwon, the co-founder of Terraform Labs, pleads guilty to wire fraud and conspiracy charges, facing substantial financial penalties.

Jane King with the latest from the NYSE.

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