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Fed Preview: Bitcoin Investors to Look Past Jumbo Rate Hike and Focus on Economic Assessment and Borrowing Cost Estimates
21.9.2022
The economy has remained stronger than policymakers expected in July. So hawkish risk is that chairman Powell says the inflation fight is still in early stages, implying a higher terminal or peak rate
Bitfarms Starts Bitcoin Megafarm Operations in Argentina
18.9.2022
Bitfarms, a global Bitcoin mining company, has started operations in its mining megafarm located in Argentina. The farm, launched on September 16, is currently generating 10 megawatts (MW) of mining power during the first phase and will scale operations to be fully operational next year. Bitfarms...
Bitcoin Miner Greenidge Generation Shares Fall as Revenues Miss Estimates
15.8.2022
The company said the combination of falling bitcoin prices and high global energy prices presented a “challenging earnings environment.”
US Adds 528K Jobs in July, More Than Doubling Estimates
5.8.2022
Skybridge Estimates Bitcoin’s Fair Market Value at $40K and Ethereum’s at $2,800
5.8.2022
Skybridge Capital’s founder says bitcoin’s fair market value is about $40,000 based on adoption, wallet size, use cases, and growth of wallets. The asset management firm also estimated ethereum’s fair market value at around $2,800. Skybridge Capital on the Fair Values...
Block Beats Q2 Estimates, Posts $1.79B in Bitcoin Transactions
4.8.2022
The payments firm beat analysts’ revenue estimates, but the company said sales were down year-over-year due to a decrease in bitcoin revenue
Chainalysis Estimates $2B Stolen From Cross-Chain Bridge Hacks This Year
4.8.2022
This week, hackers used a vulnerability on the Nomad bridge to steal $190 million worth of crypto
FBI Warns of Fake Crypto Apps — 244 Investors Defrauded, $42.7 Million Lost
20.7.2022
The Federal Bureau of Investigation (FBI) has issued a warning about fake cryptocurrency apps defrauding investors. “The FBI has identified 244 victims and estimates the approximate loss associated with this activity to be $42.7 million,” said the U.S. law enforcement agency....
Report: The Metaverse Might Contribute $320 Billion to Latam’s GDP in the Next 10 Years
25.5.2022
A new report indicates that the metaverse might be a significant factor in the growth of economies in Latam and the world in the coming decade. The study, issued by Analysis Group, estimates that Latam might benefit from a surge of $320 billion or an approximate 5% of its GDP, in the next 10 years....
Stronghold Digital Beats Q1 Revenue Estimates, but Misses on Earnings
16.5.2022
Shares of the bitcoin miner that uses waste coal for energy fell slightly in after-hours trading
Core Scientific Cuts Hashrate Outlook, Q1 Revenue Misses Estimates
12.5.2022
Despite the news, shares of the miner were up in after-hours trading
Bitcoin Miner Iris Energy Reiterates Hashrate View While Revenue Misses Estimates
11.5.2022
The miner’s adjusted EBITDA margin slipped to 48% in the fiscal third quarter versus 72% in the prior quarter and 57% a year ago
Bitcoin Miner CleanSpark Tops Quarterly Estimates
10.5.2022
The company funded its growth and capital expenditure plans with the sale of mined bitcoin
Block Misses Q1 Estimates, Posts $1.73B in Bitcoin Transactions
5.5.2022
The payments firm formerly known as Square said it didn’t record any bitcoin impairment charges in the quarter
Marathon Digital Beats Q1 Sales, EBITDA Estimates
4.5.2022
The miner also reported an impairment charge of $19.6 million related to its self-mined bitcoin
Fintech Study Estimates 4.4 Billion Global Users Will Adopt Mobile Wallets by 2024
3.5.2022
According to a recently published study by Merchant Machine, mobile wallets are predicted to have 4.4 billion users by 2024. Merchant Machine’s findings show the global pandemic propelled the popularity of digital wallets and researchers expect the numbers to grow from 44.50% of...
Collection of South African Fine Wine Sold as NFTs
29.4.2022
Collections of South Africa’s fine wines were recently sold as non-fungible tokens (NFTs) with one lot being sold for $79,000. Immediately following the auction, two lots were reportedly paid for using bitcoin. Lots Exceed Estimates Collections of fine wines made by some of South...
Bitcoin Miner Stronghold Digital Tanks as Q4 Earnings, Revenues Miss Estimates
29.3.2022
The miner also said it no longer believes its original target of 8.0 EH/s by the end of 2022 is achievable
Bitcoin Miner Core Scientific’s Full Year Sales Rise to $545M, Beating Estimates
29.3.2022
The miner also reiterated its 2022 hashrate expectations
Biden Budget Proposal Estimates Additional $11B in Revenues by 2032 by Updating Crypto Rules
28.3.2022
The proposal also seeks to expand the DOJ’s budget by $52 million to fight ransomware and combat the “misuse of cryptocurrency.”