Greenlane Holdings, a Nasdaq-listed company that pivoted from cannabis accessories to digital assets, reported that its BERA-focused crypto treasury ended the second quarter at just $16.4 million, down from a $70 million cost basis.
Goldman Sachs has thrown cold water on expectations for a September interest-rate increase from the Federal Reserve, a development that could provide a major tailwind for bitcoin and other risk assets.
Bitcoin hovered near the $64,000 mark in Asian morning hours on Monday, gaining half a percent on the day but remaining down almost 3% over the past week.