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Crypto Project TON Foundation Completes Transition, Registers as Swiss Non-Profit
7.9.2023
The team overseeing The Open Network(TON) blockchain has completed its transition into a Swiss non-profit organization.
Per a press release from the TON Foundation, this marks a “next chapter for the TONcoin community” given Switzerland’s regulatory clarity for the crypto industry and its history...
Crypto Market-Making Profit Margins Take a Hit, Down 30% Amid Industry Changes
6.9.2023
The once-lucrative business of market-making in crypto, facilitating trades and profiting from the spread between buying and selling prices, has faced headwinds recently.
One major factor contributing to this decline is the heightened caution among investors following the crypto market's downturn...
1inch wallet buys $10M in ETH following a $3.7M profit streak in July
28.8.2023
The crypto wallet wallet linked to 1inch Investment Fund currently holds around $80 million in various digital assets
Pendle Finance Users Can Now Profit From Real World Assets
24.8.2023
Pendle will use MakerDao’s boosted Savings (sDA) and Flux Finance’s fUSDC in its first real-world assets (RWA) based product
Crypto-Focused Public Companies Outdo Q2 Profit Projections, Boosted by Cryptocurrency Price Surge
8.8.2023
Major crypto companies reported strong earnings last quarter as swelling crypto asset prices drove up profits across the industry.
Last week, institutional Bitcoin (BTC) giant MicroStrategy reported a return to profit in Q2, with $120.4 million in revenue. The company also stacked an additional...
Crypto-centered public companies record profit beating Q2 estimates
7.8.2023
The rise in crypto prices, as well as non-trading revenues, became key to profitability for many of these companies
Bitcoin Ordinals team launch non-profit to grow protocol development
2.8.2023
The Open Ordinals Institute aims to bolster the protocol’s future development as Ordinals inscriptions hit a milestone of 21 million
MicroStrategy returns to profit and now owns $4.4B worth of Bitcoin
2.8.2023
Michael Saylor-founded MicroStrategy disclosed it now holds 12,800 Bitcoin as of July 30, and is back in the black
The Ordinals Team is Creating a Non-Profit to Support Bitcoin NFT Developers
1.8.2023
The team behind the Ordinals protocol, led by Casey Rodarmor, has created the Open Ordinals Institute to grow its ecosystem without compromising neutrality
Cardano price action sparks trend reversal; investors expect massive profit from DigiToads
31.7.2023
In the world of cryptocurrencies, Cardano (ADA) has been a focal point for enthusiasts, showcasing a rollercoaster of price movements. Amidst a series of ups and downs, ADA’s value recently witnessed an impressive 48% rally after dipping to $0.221 last month. This resurgence was partly fueled...
Stellar’s profit week cools, VC Spectra & Chainlink shine
27.7.2023
As Stellar (XLM) takes a momentary pause after a week of rewarding gains, investors are eager to explore what lies beyond the horizon. In their quest for exciting opportunities, VC Spectra (SPCT) and Chainlink (LINK) beckon, offering tantalizing prospects for those seeking to make their mark in...
How do DeFi projects generate profit?
21.7.2023
If you don’t know where the yield is coming from, you are the yield. This week’s episode of Market Talks discusses how DeFi platforms generate a profit and if high yields are sustainable
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $30,000 on Friday, a Week After XRP Ruling
21.7.2023
Bitcoin dropped below the $30,000 level on Jul 21, as market sentiment continued to trend lower in today’s session. This comes a week after cryptocurrency markets surged following the XRP ruling, however momentum has since faded as a result of profit taking. Ethereum was also down on Friday....
Report: Declining Profit Forces Binance Crypto Exchange to Scale Back Employee Benefits – Is The Bear Market Back?
18.7.2023
Binance, the world’s largest cryptocurrency exchange, has grown increasingly frugal amid declining profits after boasting that it had prepared a “war chest” last year....
Read More: Report: Declining Profit Forces Binance Crypto Exchange to Scale Back Employee Benefits – Is The Bear Market Back?
Binance cuts back on employee benefits, citing 'decline in profit': Report
17.7.2023
The crypto exchange reportedly stopped offering reimbursement to employees for certain expenses including use of mobile phones, fitness, and working from home
Litecoin on the Brink of Third Halving: Record Hashrate and Profitable Mining Despite 17% Value Dip
17.7.2023
In a mere fortnight, the Litecoin network is poised for its third reward halving event, a seismic shift that will slash the LTC miners’ block rewards from 12.5 LTC per block down to 6.25 LTC. Data illustrates an intensified dedication of hashrate to the Litecoin blockchain as the critical...
Binance Slashes Worker Benefits as Profit Falls: WSJ
17.7.2023
Binance has stopped offering certain benefits to its employees on June 19 as the company’s profits continue to decline, according to former employees and internal company messages viewed by the Wall Street Journal
Bitcoin, Ethereum Technical Analysis: BTC, ETH Continue to Consolidate, Following Recent Gains
17.7.2023
Bitcoin started the week trading around the $30,000 mark, as the cryptocurrency market continued to consolidate following last week’s gains. The global market was down 1.19% at the time of writing, as sentiment remains uncertain following a weekend of profit taking. Ethereum was also down...
Bitcoin, Ethereum Technical Analysis: Bitcoin Retreats From 14-Month High, as Profit Takers Swoop In
15.7.2023
Bitcoin plunged from a recent fourteen-month high to start the weekend, as traders appeared to have begun securing yesterday’s gains. The decline saw the price fall below $30,000, days after almost moving above $32,000. Ethereum also slipped, however remained above $1,900. Bitcoin Bitcoin...
Crypto Distress Prompts Fir Tree, a Hedge Fund, to Seek Profit From Turmoil
14.7.2023
“Fir Tree is at its best when we identify opportunities that are mispriced, dislocated or complex. Rarely do we encounter situations that are all three, but that is precisely what we are seeing in digital assets right now,” Fir Tree said