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GameStop doubles down on crypto amid a new partnership with FTX US
8.9.2022
After launching an NFT marketplace and wallet with the help of Immutable X, GameStop is continuing its push into crypto following a partnership with FTX
Earnings Could Be Non-Stop With Uniglo (GLO), Bitcoin (BTC), and SpookySwap (BOO)
25.8.2022
One of the great things about cryptocurrencies is that they make it easy to earn passive income at a far greater rate than you might find at a savings bank. This is because cryptos cut out the middlemen. Instead of all the fees going to rich shareholders, they go to the average person. Here...
S&P Global downgrades Coinbase credit rating for weak Q2 earnings, competitive pressures
12.8.2022
Coinbase Global sees its credit rating downgraded by S&P Global amid regulatory pressures, weakened market performance and competitors
Bitcoin Miner Riot Blockchain Delays Earnings Report to Sort Out How Much Crypto Rout Devalued Its Assets
10.8.2022
The miner said that macroeconomic factors have complicated its accounting more than expected
Nigerian Currency Recovers Versus US Dollar — Central Bank Says Importers Must Repatriate Forex Earnings
6.8.2022
After touching a new all-time low of N710 per dollar in late July, a new report says the Nigerian currency has rebounded by as much as 10%. After initially blaming speculators, the Central Bank of Nigeria has said importers who fail to remit forex earnings may be contributing to the naira’s...
Japan may see a reduced 20% tax on crypto earnings with new proposal
4.8.2022
The proposal calls for a separate 20% tax on crypto earnings and exemptions of any tax on crypto gains, with losses carried forward for up to three years
MicroStrategy stock MSTR hits 3-month high after CEO's exit
3.8.2022
Poor earnings coupled with overvalued fundamental metrics pose long-term bearish risks for MSTR
Meta’s Metaverse Is Still Not Profitable: Reality Labs Unit Registers $2.8 Billion Losses During Q2
29.7.2022
Meta, the social media company, has reported that its metaverse division, the Reality Labs Unit, is shedding lots of money. In its recent earnings call, the company informed that, while the Reality Labs unit managed to pull more than $400 million in sales, its losses reached $2.8 billion, mainly...
Alphabet, Microsoft and Now Meta Release Disappointing Quarterly Earnings
28.7.2022
Meta joined Alphabet and Microsoft in releasing disappointing quarterly financials, following the company’s Q2 earnings call. In a week of a disappointment for mega-cap stocks, the trio has all missed revenue and earnings expectations, with Meta seeing its first quarterly sales decline ever...
Zuckerberg unfazed about $2.8B metaverse division loss in Q2
28.7.2022
“This is obviously a very expensive undertaking over the next several years,” said Mark Zuckerberg
IMF global outlook suggests dark clouds ahead for crypto
27.7.2022
The IMF has forecast economic growth to slow from 6.1% last year to 3.2% in 2022, which some believe will have negative consequences for crypto
Bitcoin, Ethereum Technical Analysis: BTC Falls, as Tesla Sells 75% of Its Holdings
21.7.2022
Bitcoin was trading lower in today’s session, as it was revealed that Tesla had sold 75% of its holdings in the cryptocurrency. The news comes following the company’s Q2 earnings call, where they confirmed converting the token into fiat currency. Ethereum was also lower on the news....
Coinbase stock has potential to double in 2022 after plunging 90% from record high
21.7.2022
COIN stock can rally to $160 by the end of the year, a mix of technical and fundamental indicators suggest
Bitcoin price dips under $23K after earnings report reveals Tesla sold 75% of its BTC
20.7.2022
BTC’s march toward $24,000 took a brief pause after media headlines announced that Tesla had sold 75% of its Bitcoin position
Despite Backlash, Diablo Immortal Is Making A Million Dollars A Day
6.7.2022
In its first month of release Blizzard’s controversial new mobile game, Diablo Immortal, has racked up nearly $50 million in reported revenue across 10 million downloads. Even as debates and criticism swirled around the free-to-play RPG, data shows that the game has made at least $1 million a...
Argentinian Cryptocurrency Exchange Buenbit Launches Stablecoin Yield Instruments
14.6.2022
Buenbit, one of the leading Argentinian cryptocurrency exchanges, announced the inclusion of two stablecoins in its current yield program. The company will allow its customers to earn yields of up to 11% annually on their USDC and USDT funds, with the earnings being deposited in customers’...
‘Big Short’ Investor Michael Burry Warns of Looming Consumer Recession, More Earnings Trouble
30.5.2022
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of a looming consumer recession and more earnings trouble. He cited falling U.S. personal savings and record-setting revolving credit card debt despite trillions of dollars in stimulus money. Michael...
Sequel to Iconic RPG Ni No Kuni to Feature NFT Integration and Play-to-Earn Mechanics
29.5.2022
The new installment of Ni No Kuni, an RPG franchise brought by independent gaming studio Level 5 and animated by Studio Ghibli, has launched with blockchain elements present. The game, which has been designed for mobile and PC platforms, introduces a token system that lets players use their...
First Mover Americas: Bitcoin Back Below $30K as Target's Earnings Miss Shows Effects of Inflation
18.5.2022
The latest moves in crypto markets in context for May 17,2022
Square Enix to Reinforce Blockchain Bet, According to Latest Earnings Report
17.5.2022
Square Enix has announced its new mid-term business plan, reinforcing its blockchain pivot according to the documents presented. The company will continue to invest in key companies in the blockchain arena, including Animoca Brands and The Sandbox, and will also consider other investments in...