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Grayscale Parent Digital Currency Group Reports $229M Revenue for Q1
9.5.2024
Digital Currency Group (DCG), the parent company of asset manager Grayscale, reported a first quarter revenue up 11% from the previous quarter to $229 million
Robinhood Delivers Big Earnings Beat Driven by Booming Crypto Trading: Analysts
9.5.2024
The positive momentum seen in the first quarter has continued, with the platform taking in a record $5 billion in deposits in April, the analysts said
Core Scientific Posts $210.7M Profit in Q1 2024, Boosted by Bitcoin Mining Surge
9.5.2024
Core Scientific announced a significant recovery in its financial performance for the first quarter of 2024, reporting a net income of $210.7 million, a stark contrast to the net loss of $0.4 million from the same period last year, driven by an increase in Bitcoin mining and hosting services....
Robinhood's Q1 Crypto Trading Volume Surged 224% as SEC Action Looms
8.5.2024
The popular trading platform also beat first quarter revenue and earnings estimates
Bitcoin mining revenue hits post halving yearly low
6.5.2024
Daily revenue from Bitcoin mining dropped to under $3 million as opposed to the previous daily average of roughly $6 million in the first four months of 2024
Crypto Exchange Coinbase Had a Blowout First Quarter: Analysts
3.5.2024
The business has a number of positive catalysts including its smart wallet Coinbase Prime, layer-2 network Base and its growing international offering, the analysts said
Jack Dorsey’s Block to use 10% of Bitcoin profit to buy BTC every month
3.5.2024
Block, Inc. co-founder Jack Dorsey told shareholders its Bitcoin-buying plan during an earnings call, saying its an “investment in a future where economic empowerment is the norm.”
Coinbase posts $1.2B net income in Q1, surpasses entire 2023 earnings
2.5.2024
Coinbase Q1 earnings exceeded full-year 2023 results thanks to market conditions driven by new Bitcoin ETFs
Block, Inc. Q1 results top estimates, shares jump after-hours
2.5.2024
Block’s first-quarter 2024 results beat Wall Street analyst estimates on earnings and revenue which saw its share price surge after the bell
Bitcoin halving sees Bitfarms’ BTC mining earnings plummet
2.5.2024
Bitfarms is actively working to triple its current hash rate capacity to 21 exahashes per second (EH/s) with a $240 million investment
3 signs hint that Bitcoin price is nearing a bottom
1.5.2024
The result of today’s Federal Reserve minutes, Bitcoin miners’ robustness and increasing stablecoin demand in China could be signs that BTC has bottomed
Bitcoin falls under $60K as BTC‘s futures premium drops to a 5-month low
30.4.2024
Bitcoin price revisits recent lows as the BTC futures premium falls to a 5-month low. Is the bull market over?
Iris Energy Boosts Hashrate to 9 EH/s Amid Declining Bitcoin Miner Earnings
30.4.2024
This week, the Nasdaq-listed bitcoin miner Iris Energy Limited announced it has boosted its hashrate to 9 exahash per second (EH/s) and aims to reach 10 EH/s in the coming month. This development follows the network’s fourth halving and occurs amid a period when Bitcoin’s hashprice...
Financial Squeeze Tightens for Bitcoin Miners as Earnings Continue to Fall
28.4.2024
On Friday, Bitcoin’s hashprice was $56.95 per petahash per second (PH/s), but by Sunday, it had dropped to $51.66 per petahash. Over the last 100 blocks, bitcoin miners averaged about 3.55 BTC for each block they mined, indicating that bitcoin miners are receiving less than half a BTC...
AI takes center stage as Microsoft and Google earnings signal booming market
26.4.2024
Microsoft and Google's Q2 earnings reports highlight significant revenue and profit increases, driven by their investments and advancements in AI technologies
Meta drops 15% on weak outlook and high AI and metaverse spending
25.4.2024
Meta shares dipped after a disappointing Q2 revenue outlook and plans to spend nearly $100 billion this year as it aims to “invest aggressively” in its AI products
Can crypto traders out-predict Wall Street on Coinbase Q1 earnings?
24.4.2024
Coinbase has surpassed EPS estimates for the last four quarters, and crypto analysts expect this trend to continue next week
Tesla teases robotaxi ride-hailing app ahead of August reveal
24.4.2024
Elon Musk hinted at what Tesla’s long-awaited robotaxi experience could look like during Q1 earnings, while the firm’s Bitcoin holdings remain unchanged
Post-Halving Fallout: Bitcoin Hashprice Slides 30%, Miners’ Earnings Hit
23.4.2024
Following a peak in onchain fees, bitcoin miners experienced a significant decline in the hashprice, which fell from a daily rate of $114 per petahash on Sunday to a markedly lower $79 per petahash by Tuesday. To date, the network’s hashrate has experienced a modest decline, though nothing...
Foundry to Isolate and Monetize Bitcoin Halving’s ‘Epic Satoshi,’ Distributing Earnings Among Pool Members
19.4.2024
Foundry, a digital assets mining and staking company, has announced that it plans to monetize what it has called the “epic satoshi,” the first satoshi of the halving block, via Ordinals. If the company mines it through its mining pool, it plans to distribute the proceeds to its members...