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Tesla earnings: Bitcoin bags untouched as firm splashes out on AI
19.10.2023
Tesla held onto its sizeable Bitcoin bags in the third quarter and upped its spending on artificial intelligence and research and development
Thailand to Tax Overseas Earnings From Crypto Traders – Will it Impact Foreign Investment?
19.9.2023
Thailand would soon tax foreign earnings from crypto traders, a tighter measure to close the loophole, which allowed overseas income into the country tax-free.
The rule came from Thailand’s Revenue Department, which aims to fund its proposed economic stimulus, according to a BangkokPost report....
Bitcoin investors are bullish on the US Fed’s $100B loss
18.9.2023
The debt ceiling is unlikely to hold as the government faces increased pressure from interest rate payments, a potential catalyst for Bitcoin and cryptocurrencies
Bitcoin Price Prediction amid Legal Victory for Grayscale and Strong Q2 Earnings for Bitcoin Miner Canaan
30.8.2023
Amidst a dynamic landscape in the cryptocurrency realm, Bitcoin's price has taken center stage.
Currently trading at $27,452, reflecting a notable 5.5% increase on Wednesday, Bitcoin's trajectory continues to capture attention.
This analysis delves into the recent legal victory achieved...
Bitcoin Miners Feel the Pinch: 10% Value Drop Tanks Hash Price in August
29.8.2023
August has proved to be a challenging month for bitcoin miners, facing two difficulty spikes and witnessing the currency’s value plummet over 10% in the past 30 days. This decline in value has pulled the network’s hash price to levels reminiscent of late 2022. At present, miners...
OnlyFans’ parent company bought $20M of Ethereum as revenue surged
28.8.2023
Fenix International, the parent company of OnlyFans purchased the cryptocurrency between 2021 and 2022
Nvidia's Earnings: Could it Be a Catalyst for Movement in AI-Linked Crypto Tokens?
24.8.2023
Shares of the major American chipmaker Nvidia (NVDA) rose in premarket trading on Thursday after the company revealed significantly stronger earnings than expected for the second quarter.
According to the report, Nvidia’s earnings per share (EPS) for the quarter came in at $2.7, significantly...
‘The race is on’ for AI: Nvidia CEO bullish as Q2 revenue tops estimates
24.8.2023
Nvidia shares soared nearly 10% in after-hours trading, as the company beat Wall Street analyst expectations by more than $2 billion
AI-Related Tokens Hold Gains After Nvidia's Big Beat Solidifies Bullish Outlook
23.8.2023
The tokens such as FET, GRT, AGIX rose/fell tktk
Nvidia's Make-or-Break Earnings Could Be Huge for AI-Tied Crypto Tokens
23.8.2023
Bitcoin Miners Pivot To Other Areas In Quest To Diversify Earnings: JP Morgan
21.8.2023
Digital asset miners are moving to other business ventures including offering high-powered technology services to artificial intelligence (AI) companies to improve earnings.
A new report from JP Morgan shows that crypto-based mining firms are expanding their operations to include high-performance...
Coinbase thrives with Q2 earnings, InQubeta presale on fire as QUBE bulls aim for big gains
16.8.2023
In the ever-changing landscape of cryptocurrency, significant developments often create ripples that have long-lasting impacts on investor decisions and market directions. Two such noteworthy events have recently caught the industry’s attention. On the one hand, Coinbase, a prominent figure...
Going Crypto Makes Sense for Elon Musk’s X
14.8.2023
While X, the platform formerly known as Twitter, has made a turn to share some of its earnings with its users, the lack of a genuinely universal payment method – like crypto – means users of countries such as Russia and Venezuela are excluded from getting these benefits, disrupting Elon...
US bank reveals $170M in crypto holdings: Q2 earnings report
10.8.2023
Sofi started offering crypto services even before it became a bank and its banking license might change the way it hodl crypto
Bitcoin Miner Riot Posts Mixed Q2 Earnings Report, Sees Growing Consolidation in Industry
9.8.2023
Riot reported its second-quarter earnings after the close on Wednesday
Marathon Digital Q2 results miss revenue and earnings forecasts
9.8.2023
Despite the earnings miss, Marathon's CEO said it mined a record 2,926 Bitcoin over the second quarter of 2023
Marathon Digital Misses Q2 Earnings and Revenue Estimates
8.8.2023
Coinbase earnings show the company is now much more than just an exchange
4.8.2023
The Coinbase earnings report shows that services and subscriptions are the exchanges’ core revenue streams. Is this a positive or a negative?
Robinhood's Q2 Earnings Show 18% Decline in Crypto Trading Revenue
4.8.2023
In its Q2 2023 earnings report, Robinhood (HOOD), the online trading platform known for its crypto-friendly approach, revealed crypto trading revenue of $31 million, representing an 18% decrease from the previous quarter's $38 million.
Despite this decline, Robinhood achieved profitability...
Coinbase Bears Doubt Stock Can Rise Even After Beating Wall Street’s Estimates
4.8.2023
It’s hard to see a favorable valuation argument for the stock given the company’s revenue is tethered to an asset class that has yet to show a sustainable everyday utility value, Goldman Sachs said