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Bitcoin Set to Become More Dominant Even as BTC Stares at First Monthly Loss Since August
30.4.2024
Bitcoin's dominance rate has risen past key level, signaling further upside, according to Fairlead Strategies
MicroStrategy Reports Net Loss of $53.1M in Q1 of 2024 and Yearly Revenue Decline of 5%
30.4.2024
Bitcoin (BTC) development company MicroStrategy reported a net loss for the first quarter of 2024 of $53.1 million, or $3.09 per share on Monday.
The post MicroStrategy Reports Net Loss of $53.1M in Q1 of 2024 and Yearly Revenue Decline of 5% appeared first on Cryptonews
MicroStrategy Q1 net loss hits $53.1M but Bitcoin buying spree continues
30.4.2024
MicroStrategy has yet to adopt the new accounting standard that would have taken the billions of dollars in paper gains from Bitcoin’s 65% price rally into account
MicroStrategy Q1 Operating Loss of $53.1M After Bitcoin Holdings Impairment Charge of $191.6M
29.4.2024
Pepe Price Prediction as PEPE Slumps 9% in 24 Hours – Should You Invest Today?
29.4.2024
The PEPE price has dived by 9% today, falling to $0.056866 as the cryptocurrency market suffers a 3% loss in the past 24 hours.
The post Pepe Price Prediction as PEPE Slumps 9% in 24 Hours – Should You Invest Today? appeared first on Cryptonews
Facebook Has Lost $1 Billion Every Month On VR Since June 2022
26.4.2024
Facebook’s parent company, Meta, made a lot of money in its last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means that since June 2022, the metaverse-focused division has lost a billion dollars per month, and Meta expects...
Custodia Bank Appeals Court Loss in Fed Membership Lawsuit
26.4.2024
Custodia, a Wyoming-based aspiring crypto bank, filed a notice of appeal against a court ruling that affirmed the Federal Reserve's rejection of its bid for a master account and membership
Pepe Price Prediction as Unknown Whale Starts Accumulating $1.5 Million Worth of PEPE – Big News Coming?
25.4.2024
The Pepe price has dropped by 5% in the past 24 hours, declining to $0.000007554 as the wider crypto market suffers a 4% loss today.
The post Pepe Price Prediction as Unknown Whale Starts Accumulating $1.5 Million Worth of PEPE – Big News Coming? appeared first on Cryptonews
Hedgey Finance Suffers Dual Exploits, Losing $44.7 Million in Funds
19.4.2024
Hedgey Finance exploits have rocked the DeFi platform, resulting in a $44.7 million loss. Hackers targeted the Token Claim Contract across Ethereum and Arbitrum networks, utilizing flash loans to drain funds. Explore the aftermath, ongoing investigations, and the platform's response to these...
Bitcoin Miners Remain Optimistic About Future Despite Anticipated Revenue Loss
18.4.2024
Although Bitcoin’s halving is expected to result in reduced block rewards for miners, several CEOs of bitcoin mining firms maintain a bullish outlook. In addition to investing in more efficient equipment, miners believe spot bitcoin exchange-traded funds (ETFs) will continue to drive up the value...
Study: Three-Quarters of Defi’s Total Value Locked Earn 5% APY in Low-Risk Contracts
17.4.2024
In the first quarter of 2024, approximately $43.8 billion, or 76% of the decentralized finance yield market, earned an annual percentage yield (APY) of about 5% in very low-risk contracts. Staking played a crucial role in the resurgence of decentralized finance, bolstered by the Ethereum network’s...
Dogecoin Price Prediction as Tweet By Billionaire Elon Musk Sends DOGE Volume Soaring – Is He Secretly Buying Again?
16.4.2024
DOGE has fallen by 6% in the past 24 hours, with the Dogecoin price dropping to $0.1559 as the cryptocurrency market as a whole suffers a 5% loss today.
The post Dogecoin Price Prediction as Tweet By Billionaire Elon Musk Sends DOGE Volume Soaring – Is He Secretly Buying Again? appeared first...
Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition
12.4.2024
Gopax, a prominent South Korean cryptocurrency exchange backed by Binance, disclosed a net loss of 51.3 billion Korean won ($37 million) for the fiscal year 2023.
The post Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition appeared first on Cryptonews
Is Uniswap Going to Zero? UNI Price Drops 20% After SEC Scrutiny as This Other Coin Prepares for Exchange Launch
12.4.2024
The price of DeFi exchange Uniswap’s native token UNI is 15% lower than it was this time last week following yesterday’s news that the US SEC may launch a potential enforcement action against it for alleged securities law violations. UNI currently trades at $9.08, which makes for...
Terra Luna Classic as LUNC Plummets 30% in a Month – Is It Going to Zero?
12.4.2024
Terra Luna Classic has dropped by 1.5% in 24 hours, with its fall to $0.0001288 also representing a 4% loss in a week.
The post Terra Luna Classic as LUNC Plummets 30% in a Month – Is It Going to Zero? appeared first on Cryptonews
Australian Regulator Appeals Loss in Finder’s Crypto Product Verdict
10.4.2024
The Australian Securities and Investments Commission (ASIC) is appealing the Federal Court's dismissal of its case against Finder Wallet's crypto product, Finder Earn.
The post Australian Regulator Appeals Loss in Finder’s Crypto Product Verdict appeared first on Cryptonews
Prisma Finance Gains Strong Community Support for Protocol Restart with DAO Approval
5.4.2024
Prisma Finance has unveiled a strategy to cautiously restart operations following a hack that resulted in a loss of $11.6 million and prompted a temporary pause of the platform on March 28.
The post Prisma Finance Gains Strong Community Support for Protocol Restart with DAO Approval appeared first...
Solareum to Close Shop Following $500,000 Exploit
2.4.2024
Following the discovery of a vulnerability that led to the loss of more than 2,000 Solana (SOL) tokens from users' wallets, Solareum, a Telegram trading bot for Solana-based currencies, announced its closure on March 31.
The post Solareum to Close Shop Following $500,000 Exploit appeared first...
Ethereum Price Prediction as ETH Falls 10% in a Week – Here’s the Next Support to Watch
2.4.2024
The Ethereum price has suffered a 7% drop in the past 24 hours, with its current price of $3,283 also representing a 10% loss in a week.
The post Ethereum Price Prediction as ETH Falls 10% in a Week – Here’s the Next Support to Watch appeared first on Cryptonews
Solana Price Prediction as SOL Drops to $180 Level – Dip Buying Opportunity?
2.4.2024
SOL has dropped by 7.5% in the past 24 hours, with the Solana price sinking to $180 today as the wider crypto market suffers a 5% loss.
The post Solana Price Prediction as SOL Drops to $180 Level – Dip Buying Opportunity? appeared first on Cryptonews