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Crypto-Friendly Travel Site Travala Posts 503% Revenue Increase, 72% of Bookings Paid With Cryptocurrencies
5.12.2020
Travel booking website Travala saw an increase in revenue of over 503% in November compared to the previous year. Out of all bookings, 72% were paid with cryptocurrencies, with bitcoin being the most popular choice. A Record Month for Travala The up and coming crypto-friendly travel booking website...
Hive Reports $7.4M Q2 Profit as Lower Costs More Than Offset ‘Big Spend’ on Expansion
1.12.2020
Hive shares have gained over 1,200% in 2020
Crypto Broker Voyager’s Q1 Revenue Soars 186%, Assets Under Management Jump to $150 Million
1.12.2020
Crypto asset broker Voyager Digital Ltd reported Monday that revenue for the fiscal first quarter soared 186% to $2 million from $700,000 in the previous quarter, as more users utilized the platform. ● Voyager co-founder and chief executive officer Stephen Ehrlich said the number of people...
Canaan Reports $12M Q3 Loss, Says There’s ‘Rebounding Demand’ for Mining Machines
30.11.2020
Mining hardware manufacturer Canaan Creative reported a Q3 net loss of $12.7 million, or 54 cents per share, more than quadruple the size of Q2’s $2.38 million loss, or 10 cents per share
Nvidia Posts Record Q3 Earnings, Sales of GPUs to Crypto Miners Reach $175 Million
21.11.2020
Nvidia released its earnings for the third fiscal quarter of 2021 this week, showing better-than-expected results, driven by sales of its graphics processing unit (GPU) chips. The firm reported graphics segment revenue of $2.79 billion for the quarter, beating analyst estimates of $2.1 billion....
Mike Novogratz’s Galaxy Digital Nets $44.3M in Q3
13.11.2020
Galaxy Digital was trading slightly higher on the news
Galaxy Digital’s Q3 earnings mirror crypto euphoria
13.11.2020
Galaxy Digital reported a large uptick in trading volumes in the third quarter
Marathon Reports Record $835K Quarterly Mining Revenue, Increased Bitcoin Holdings
12.11.2020
Marathon is holding more bitcoin on its balance sheet than ever before
Hut 8 Mining Revenue Drops 43% in Q3 Despite Hash Power Increase
12.11.2020
Hut 8 mining revenue has fallen for 5 consecutive quarters
Russian Ministry Wants to Jail Citizens Who Don’t Declare Bitcoin Earnings
12.11.2020
An expert has claimed that the Russian Ministry of Finance’s plans to hit crypto holders with jail time if they fail to declare their earnings may be misguided – and said that while “dirty” crypto deals regularly go through unchecked in the country’s capital, the Kremlin may seek to punish ordinary...
Riot Blockchain Mined 224 Bitcoins in Q3
10.11.2020
Riot reported a current mining capacity of 556 peta hash per second
Square Reports $1B in Quarterly Bitcoin Revenue for First Time: Q3 Earnings
5.11.2020
"Cash App generated $1.63 billion of bitcoin revenue and $32 million of bitcoin gross profit during the third quarter of 2020."
Russian Crypto Traders May Be Forced to Declare Earnings to the Taxman
5.11.2020
Russia’s parliament, the State Duma, will debate a new draft law that would force Russians to declare “electronic” asset earnings and holdings on overseas-based platforms – in a move that could potentially impact crypto traders.
Although the draft bill does not make specific mention of crypto...
PayPal CEO Discusses ‘Expansive’ Digital Wallet Plans on Q3 Earnings Call
2.11.2020
PayPal’s cryptocurrency products are going to expand rapidly in 2021, executives said on the company’s third quarter earnings call Monday
Artist, gamer or property mogul? Follow the NFT road to find earnings
2.11.2020
From owning land to playing games and creating artworks, earning opportunities on NFT marketplaces continue to grow
Microstrategy CEO Personally Owns $240 Million in Bitcoin — Company BTC Profit Outshines Other Earnings
29.10.2020
Following a $425 million bitcoin purchase by his billion-dollar company, Microstrategy CEO Michael Saylor reveals that he personally owns about $240 million in bitcoin. Meanwhile, his company’s bitcoin gains have outperformed the company’s other earnings. Microstrategy and Its CEO...
Silvergate Bank Sees 40% Increase in Deposits From Digital Currency Customers
26.10.2020
Silvergate Bank added $586 million in new deposits from firms and individuals in the cryptocurrency industry in the third quarter of 2020
Crypto-Friendly Signature Bank Raked In $4B in Deposits in Q3 2020
20.10.2020
Deposits at crypto-friendly Signature Bank grew by $4.11 billion, an 8% increase, in the third quarter of 2020
‘Boring’ Bitcoin Market Sends Miners’ Fee Earnings to 3-Month Low
19.10.2020
Bitcoin's transaction activity has cooled amid the recent lull in price action – and that's hurting miners' earnings
DeFi Buzz Drove Record $12M Earnings This Summer, Says Ethereum Miner HIVE Blockchain
1.10.2020
The ether miner has reported its best ever quarter, saying that surging interest in DeFi led to bumper transaction fee revenues