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Coinbase Could Be a Material ‘Beneficiary’ of Ethereum’s Merge Transition, JPMorgan Analyst Says
18.8.2022
JPMorgan analyst Kenneth Worthington says digital currency exchanges like Coinbase will end up being a meaningful “beneficiary” of Ethereum’s long-awaited transition from proof-of-work (PoW) to proof-of-stake (PoW). Based on $2K ethereum prices and a 5% ethereum yield...
Bit Mining Secures $9.3 Million Registered Direct Offering From Institutional Investors
17.8.2022
Bit Mining Limited has announced that it has entered a $9.3 million registered direct offering with specific institutional investors. Bit Mining explained that it aims to use the funds from the offering to expand infrastructure and invest in new mining machines. Bit Mining to Use Fresh Capital...
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.”
Coinsquare chief operating officer shares thoughts on being the first regulated crypto dealer exchange in Canada
10.8.2022
The past actions of bad actors has forced the country's regulators to take a tough stance on crypto exchanges
Elon Musk Sells Tesla Shares Worth Nearly $7 Billion — Plans to Buy TSLA Stock Back if Twitter Deal Falls Through
10.8.2022
Elon Musk has sold nearly 8 million Tesla shares worth almost $7 billion. “It is important to avoid an emergency sale of Tesla stock” if Twitter forces him to close the $44 billion deal to buy the social media platform, the Tesla CEO stressed. Elon Musk Sells Nearly 8 Million TSLA...
Coinbase Shares Drop as Crypto Winter Takes Toll on Exchange's Trading Volume
9.8.2022
Crypto exchange Coinbase faced earnings headwinds as the market rout and lessened trading activity took its toll
MicroStrategy Shares Surge After Michael Saylor Exits CEO Role
3.8.2022
Michael Saylor will still be focusing on bitcoin after moving to the role of executive chairman
Ethereum Co-Founder Vitalik Buterin Criticizes Corporate Metaverse Attempts — ‘Anything Facebook Creates Now Will Misfire’
1.8.2022
On Saturday, the co-founder of Ethereum, Vitalik Buterin, took to Twitter and gave his perspective on the “existing corporate attempts to create the metaverse.” Buterin noted that a metaverse will happen, but he doesnt believe the current corporate metaverse attempts are going...
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...
First Mover Americas: Crypto Traders Await Fed Meeting, Bitcoin Rises, Cathie Wood's Ark Dumps Coinbase Shares
27.7.2022
The latest price moves in crypto markets in context for July 27, 2022
Cathie Wood sells Coinbase shares amid insider trading allegations
27.7.2022
Cathie Wood’s investment firm ARK Investment Management is the third-largest shareholder of Coinbase, reportedly holding nearly $9 million as of late June
Coinbase Releases First Part of BAYC-Featured Movie while COIN Keeps Tanking & ARK Dumps Coinbase Shares
27.7.2022
Major crypto exchange Coinbase has released the first part of its Bored Ape Yacht Club (BAYC)-featured movie called "The Degen Trilogy." Meanwhile, the company's shares continue to tumble as the US Securities and Exchange Commission (SEC) launched a probe into whether the exchange has listed...
Cathie Wood's Ark Invest Offloads Over 1.4M Coinbase Shares as COIN Price Falls
27.7.2022
Coinbase shares have taken a big hit following a disappointing results report and a report the company is being investigated by the U.S. Securities and Exchange Commission
Jefferies Downgrades MicroStrategy to 'Underperform;' Shares Slump
26.7.2022
The company is faced with a tougher macroeconomic backdrop, and has a premium valuation for a low-growth asset, Jefferies said in a research report
First Mover Asia: BTC Falls Below $22.4K; Coinbase Shares Remain Alluring for Institutional Investors
25.7.2022
Crypto exchange giant Coinbase's shares have plunged this year amid the bear market, but several, major institutional investors have been snapping up the stock; cryptos fall
Bitcoin Mining Survey Shares Improved Results in the 2nd Quarter of 2022
20.7.2022
The Bitcoin Mining Council published the findings of its survey with a core focus on technological efficiency, electricity consumption, and sustainable power mix. The results are impressive enough to reaffirm that the Bitcoin Network will continue to grow with higher efficiency in the times...
Silvergate's Q2 Net Income Jumps Over 84% to $38.6M, Shares Spike
19.7.2022
Silvergate Capital also reported an increase in net income available to shareholders of $1.13 per share compared to $0.80 per share last year
First Mover Americas: BTC Struggles to Hold $20.5K and Twitter Shares Dip 6%
11.7.2022
The latest price moves in bitcoin ($BTC) and crypto markets in context, for July 8, 2022
Twitter Shares Down 6.6% Following Elon Musk's Scrapped Takeover
11.7.2022
Twitter (TWTR) shares were down 6.6% in pre-market trading following Elon Musk's decision to scrap his planned $42 billion takeover of the social media platform
‘Wolf of Wall Street’ Jordan Belfort Says He’d Be Shocked if You Didn’t Make Money Investing in Bitcoin Long Term
11.7.2022
Jordan Belfort, aka the Wolf of Wall Street, says if you take a three, four, or five-year horizon, he would be shocked if you didn’t make money investing in bitcoin because the underlying fundamentals are really strong. The Wolf of Wall Street Shares Bitcoin Outlook Jordan Belfort, aka...